PKB vs. QQQ
Compare and contrast key facts about Invesco Dynamic Building & Construction ETF (PKB) and Invesco QQQ (QQQ).
PKB and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PKB is a passively managed fund by Invesco that tracks the performance of the Dynamic Building & Construction Intellidex Index. It was launched on Oct 26, 2005. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both PKB and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PKB or QQQ.
Correlation
The correlation between PKB and QQQ is 0.69, 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
PKB vs. QQQ - Performance Comparison
Key characteristics
PKB:
-0.54
QQQ:
-0.18
PKB:
-0.61
QQQ:
-0.10
PKB:
0.93
QQQ:
0.99
PKB:
-0.49
QQQ:
-0.18
PKB:
-1.36
QQQ:
-0.70
PKB:
10.34%
QQQ:
5.41%
PKB:
26.18%
QQQ:
21.28%
PKB:
-65.21%
QQQ:
-82.98%
PKB:
-28.57%
QQQ:
-21.54%
Returns By Period
The year-to-date returns for both stocks are quite close, with PKB having a -16.67% return and QQQ slightly lower at -17.20%. Over the past 10 years, PKB has underperformed QQQ with an annualized return of 10.78%, while QQQ has yielded a comparatively higher 15.79% annualized return.
PKB
-16.67%
-10.62%
-19.92%
-12.75%
27.07%
10.78%
QQQ
-17.20%
-15.68%
-13.00%
-2.32%
18.97%
15.79%
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PKB vs. QQQ - Expense Ratio Comparison
PKB has a 0.60% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
PKB vs. QQQ — Risk-Adjusted Performance Rank
PKB
QQQ
PKB vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Building & Construction ETF (PKB) 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
PKB vs. QQQ - Dividend Comparison
PKB's dividend yield for the trailing twelve months is around 0.24%, less than QQQ's 0.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PKB Invesco Dynamic Building & Construction ETF | 0.24% | 0.23% | 0.33% | 0.43% | 0.25% | 0.30% | 0.37% | 0.54% | 0.17% | 0.31% | 0.11% | 0.10% |
QQQ Invesco QQQ | 0.71% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PKB vs. QQQ - Drawdown Comparison
The maximum PKB drawdown since its inception was -65.21%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PKB and QQQ. For additional features, visit the drawdowns tool.
Volatility
PKB vs. QQQ - Volatility Comparison
Invesco Dynamic Building & Construction ETF (PKB) and Invesco QQQ (QQQ) have volatilities of 10.39% and 10.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.