PLUG vs. QQQ
Compare and contrast key facts about Plug Power Inc. (PLUG) 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: PLUG or QQQ.
Correlation
The correlation between PLUG and QQQ is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PLUG vs. QQQ - Performance Comparison
Key characteristics
PLUG:
-0.39
QQQ:
1.64
PLUG:
-0.01
QQQ:
2.19
PLUG:
1.00
QQQ:
1.30
PLUG:
-0.39
QQQ:
2.16
PLUG:
-0.86
QQQ:
7.79
PLUG:
44.59%
QQQ:
3.76%
PLUG:
99.47%
QQQ:
17.85%
PLUG:
-99.99%
QQQ:
-82.98%
PLUG:
-99.83%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, PLUG achieves a -43.11% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, PLUG has underperformed QQQ with an annualized return of -1.77%, while QQQ has yielded a comparatively higher 18.36% annualized return.
PLUG
-43.11%
33.33%
6.22%
-41.95%
-2.73%
-1.77%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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Risk-Adjusted Performance
PLUG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Plug Power Inc. (PLUG) 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
PLUG vs. QQQ - Dividend Comparison
PLUG 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLUG Plug Power 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% |
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
PLUG vs. QQQ - Drawdown Comparison
The maximum PLUG drawdown since its inception was -99.99%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PLUG and QQQ. For additional features, visit the drawdowns tool.
Volatility
PLUG vs. QQQ - Volatility Comparison
Plug Power Inc. (PLUG) has a higher volatility of 33.23% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that PLUG'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.