PINS vs. QQQ
Compare and contrast key facts about Pinterest, Inc. (PINS) and Invesco QQQ (QQQ).
QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PINS or QQQ.
Correlation
The correlation between PINS and QQQ is 0.56, 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.
Performance
PINS vs. QQQ - Performance Comparison
Key characteristics
PINS:
-0.49
QQQ:
1.64
PINS:
-0.48
QQQ:
2.19
PINS:
0.93
QQQ:
1.30
PINS:
-0.30
QQQ:
2.16
PINS:
-0.97
QQQ:
7.79
PINS:
21.17%
QQQ:
3.76%
PINS:
41.78%
QQQ:
17.85%
PINS:
-80.72%
QQQ:
-82.98%
PINS:
-66.92%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, PINS achieves a -20.38% return, which is significantly lower than QQQ's 27.20% return.
PINS
-20.38%
0.89%
-32.39%
-21.07%
9.23%
N/A
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
PINS vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pinterest, Inc. (PINS) 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.
Dividends
PINS vs. QQQ - Dividend Comparison
PINS has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Pinterest, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
PINS vs. QQQ - Drawdown Comparison
The maximum PINS drawdown since its inception was -80.72%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PINS and QQQ. For additional features, visit the drawdowns tool.
Volatility
PINS vs. QQQ - Volatility Comparison
Pinterest, Inc. (PINS) has a higher volatility of 10.12% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that PINS'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.