PHM vs. QQQ

Last updated Jun 5, 2026

PHM (PulteGroup, Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, PHM returned 21.69%/yr vs 21.84%/yr for QQQ. At a 0.42 correlation, their price movements are largely independent.

Performance

PHM vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PulteGroup, Inc. (PHM) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PHM achieves a 1.03% return, which is significantly lower than QQQ's 20.71% return. Both investments have delivered pretty close results over the past 10 years, with PHM having a 21.69% annualized return and QQQ not far ahead at 21.84%.

PHM

• 1D: 0.86%
• 1M: 0.21%
• YTD: 1.03%
• 6M: -7.17%
• 1Y: 16.98%
• 3Y*: 20.34%
• 5Y*: 16.85%
• 10Y*: 21.69%

QQQ

• 1D: -0.48%
• 1M: 8.66%
• YTD: 20.71%
• 6M: 19.19%
• 1Y: 40.74%
• 3Y*: 28.54%
• 5Y*: 17.86%
• 10Y*: 21.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PHM vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PHM PulteGroup, Inc.	1.03%	8.54%	6.22%	128.76%	-19.22%	34.03%	12.55%	51.33%	-20.76%	83.43%
QQQ Invesco QQQ ETF	20.71%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between PHM and QQQ is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 11, 1999	0.42

Over the past year, the correlation between PHM and QQQ has dropped to 0.21 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.

Return for Risk

PHM vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PHM

PHM Risk / Return Rank: 56
PHM Sharpe Ratio Rank: 59
PHM Sortino Ratio Rank: 56
PHM Omega Ratio Rank: 52
PHM Calmar Ratio Rank: 58
PHM Martin Ratio Rank: 57

QQQ

QQQ Risk / Return Rank: 74
QQQ Sharpe Ratio Rank: 80
QQQ Sortino Ratio Rank: 76
QQQ Omega Ratio Rank: 75
QQQ Calmar Ratio Rank: 70
QQQ Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PHM vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PulteGroup, Inc. (PHM) and Invesco QQQ ETF (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PHM	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	0.50	2.57	-2.06
Sortino ratio: Return per unit of downside risk	1.04	3.37	-2.33
Omega ratio: Gain probability vs. loss probability	1.12	1.44	-0.32
Calmar ratio: Return relative to maximum drawdown	0.75	3.42	-2.67
Martin ratio: Return relative to average drawdown	1.49	13.14	-11.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PHM vs. QQQ - Sharpe Ratio Comparison

The current PHM Sharpe Ratio is 0.50, which is lower than the QQQ Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of PHM and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PHM	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	2.57	-2.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.80	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.98	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.41	-0.15

Drawdowns

PHM vs. QQQ - Drawdown Comparison

The maximum PHM drawdown since its inception was -92.40%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for PHM and QQQ.

Drawdown Indicators

	PHM	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-92.40%	-82.97%	-9.43%
Max Drawdown (1Y) Largest decline over 1 year	-22.60%	-11.96%	-10.64%
Max Drawdown (3Y) Largest decline over 3 years	-38.01%	-22.77%	-15.24%
Max Drawdown (5Y) Largest decline over 5 years	-38.01%	-35.12%	-2.89%
Max Drawdown (10Y) Largest decline over 10 years	-62.11%	-35.12%	-26.99%
Current Drawdown Current decline from peak	-19.72%	-0.74%	-18.98%
Average Drawdown Average peak-to-trough decline	-35.49%	-32.78%	-2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.38%	3.11%	+8.27%

Volatility

PHM vs. QQQ - Volatility Comparison

PulteGroup, Inc. (PHM) has a higher volatility of 7.75% compared to Invesco QQQ ETF (QQQ) at 4.51%. This indicates that PHM's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PHM	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.75%	4.51%	+3.24%
Volatility (6M) Calculated over the trailing 6-month period	23.18%	12.10%	+11.08%
Volatility (1Y) Calculated over the trailing 1-year period	33.97%	15.94%	+18.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.63%	22.37%	+12.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.45%	22.29%	+14.16%

Dividends

PHM vs. QQQ - Dividend Comparison

PHM's dividend yield for the trailing twelve months is around 0.81%, more than QQQ's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PHM PulteGroup, Inc.	0.81%	0.78%	0.75%	0.66%	1.34%	1.00%	1.16%	1.16%	1.46%	1.08%	1.96%	1.85%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both PHM and QQQ in my portfolio?

PHM and QQQ have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PHM or QQQ?

PHM has higher volatility (7.75%) compared to QQQ (4.51%). In terms of maximum drawdown, PHM dropped -92.40% vs QQQ's -82.97%.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.57 vs 0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.