PP vs. QQQ
Compare and contrast key facts about The Meet Kevin Pricing Power ETF (PP) and Invesco QQQ (QQQ).
PP and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PP is an actively managed fund by Meet Kevin. It was launched on Nov 16, 2022. 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: PP or QQQ.
Correlation
The correlation between PP and QQQ is 0.65, 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
PP vs. QQQ - Performance Comparison
Key characteristics
Returns By Period
PP
N/A
N/A
N/A
N/A
N/A
N/A
QQQ
-7.43%
0.77%
-4.30%
10.31%
18.26%
16.91%
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PP vs. QQQ - Expense Ratio Comparison
PP has a 0.76% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
PP vs. QQQ — Risk-Adjusted Performance Rank
PP
QQQ
PP vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Meet Kevin Pricing Power ETF (PP) 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
PP vs. QQQ - Dividend Comparison
PP has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.63%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PP The Meet Kevin Pricing Power ETF | 99.96% | 0.77% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.63% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PP vs. QQQ - Drawdown Comparison
Volatility
PP vs. QQQ - Volatility Comparison
The current volatility for The Meet Kevin Pricing Power ETF (PP) is 0.00%, while Invesco QQQ (QQQ) has a volatility of 16.86%. This indicates that PP 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.