Correlation
The correlation between PJT and QQQ is 0.47, 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.
PJT vs. QQQ
Compare and contrast key facts about PJT Partners Inc. (PJT) 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: PJT or QQQ.
Performance
PJT vs. QQQ - Performance Comparison
Loading data...
Key characteristics
PJT:
1.20
QQQ:
0.62
PJT:
1.84
QQQ:
0.92
PJT:
1.23
QQQ:
1.13
PJT:
1.39
QQQ:
0.60
PJT:
3.61
QQQ:
1.94
PJT:
11.27%
QQQ:
7.02%
PJT:
35.70%
QQQ:
25.59%
PJT:
-58.44%
QQQ:
-82.98%
PJT:
-15.02%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, PJT achieves a -4.37% return, which is significantly lower than QQQ's 1.69% return.
PJT
-4.37%
7.73%
-9.69%
42.33%
27.10%
24.47%
N/A
QQQ
1.69%
7.77%
2.15%
15.88%
19.78%
18.08%
17.69%
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
PJT vs. QQQ — Risk-Adjusted Performance Rank
PJT
QQQ
PJT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PJT Partners Inc. (PJT) 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.
Loading data...
Dividends
PJT vs. QQQ - Dividend Comparison
PJT's dividend yield for the trailing twelve months is around 0.66%, more than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PJT PJT Partners Inc. | 0.66% | 0.63% | 0.98% | 1.36% | 4.32% | 0.27% | 0.44% | 0.52% | 0.44% | 0.65% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PJT vs. QQQ - Drawdown Comparison
The maximum PJT drawdown since its inception was -58.44%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PJT and QQQ.
Loading data...
Volatility
PJT vs. QQQ - Volatility Comparison
PJT Partners Inc. (PJT) has a higher volatility of 8.09% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that PJT'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.
Loading data...