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PIN vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PIN and QQQ is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

PIN vs. QQQ - Performance Comparison

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

0.00%200.00%400.00%600.00%800.00%1,000.00%1,200.00%1,400.00%JulyAugustSeptemberOctoberNovemberDecember
95.09%
1,279.41%
PIN
QQQ

Key characteristics

Sharpe Ratio

PIN:

0.78

QQQ:

1.54

Sortino Ratio

PIN:

1.10

QQQ:

2.06

Omega Ratio

PIN:

1.15

QQQ:

1.28

Calmar Ratio

PIN:

1.15

QQQ:

2.03

Martin Ratio

PIN:

3.33

QQQ:

7.34

Ulcer Index

PIN:

3.58%

QQQ:

3.75%

Daily Std Dev

PIN:

15.37%

QQQ:

17.90%

Max Drawdown

PIN:

-64.54%

QQQ:

-82.98%

Current Drawdown

PIN:

-8.94%

QQQ:

-4.03%

Returns By Period

In the year-to-date period, PIN achieves a 10.66% return, which is significantly lower than QQQ's 26.66% return. Over the past 10 years, PIN has underperformed QQQ with an annualized return of 8.58%, while QQQ has yielded a comparatively higher 18.30% annualized return.


PIN

YTD

10.66%

1M

1.21%

6M

-2.91%

1Y

11.58%

5Y*

12.26%

10Y*

8.58%

QQQ

YTD

26.66%

1M

3.29%

6M

6.76%

1Y

26.84%

5Y*

20.38%

10Y*

18.30%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PIN vs. QQQ - Expense Ratio Comparison

PIN has a 0.78% expense ratio, which is higher than QQQ's 0.20% expense ratio.


PIN
Invesco India ETF
Expense ratio chart for PIN: current value at 0.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.78%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

PIN vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco India ETF (PIN) and Invesco QQQ (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.


Sharpe ratio
The chart of Sharpe ratio for PIN, currently valued at 0.78, compared to the broader market0.002.004.000.781.54
The chart of Sortino ratio for PIN, currently valued at 1.10, compared to the broader market-2.000.002.004.006.008.0010.001.102.06
The chart of Omega ratio for PIN, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.28
The chart of Calmar ratio for PIN, currently valued at 1.15, compared to the broader market0.005.0010.0015.001.152.03
The chart of Martin ratio for PIN, currently valued at 3.33, compared to the broader market0.0020.0040.0060.0080.00100.003.337.34
PIN
QQQ

The current PIN Sharpe Ratio is 0.78, which is lower than the QQQ Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of PIN and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.78
1.54
PIN
QQQ

Dividends

PIN vs. QQQ - Dividend Comparison

PIN has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
PIN
Invesco India ETF
0.00%2.08%14.07%6.95%0.72%27.85%0.96%1.01%1.18%0.60%0.99%0.48%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

PIN vs. QQQ - Drawdown Comparison

The maximum PIN drawdown since its inception was -64.54%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PIN and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.94%
-4.03%
PIN
QQQ

Volatility

PIN vs. QQQ - Volatility Comparison

The current volatility for Invesco India ETF (PIN) is 4.26%, while Invesco QQQ (QQQ) has a volatility of 5.23%. This indicates that PIN experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
4.26%
5.23%
PIN
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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