PPL vs. QQQ
Compare and contrast key facts about PPL Corporation (PPL) 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: PPL or QQQ.
Performance
PPL vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, PPL achieves a 32.08% return, which is significantly higher than QQQ's 23.84% return. Over the past 10 years, PPL has underperformed QQQ with an annualized return of 5.43%, while QQQ has yielded a comparatively higher 18.03% annualized return.
PPL
32.08%
6.64%
23.18%
37.66%
5.16%
5.43%
QQQ
23.84%
1.82%
11.65%
30.35%
20.97%
18.03%
Key characteristics
| PPL | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.29 | 1.78 |
| Sortino Ratio | 3.17 | 2.37 |
| Omega Ratio | 1.39 | 1.32 |
| Calmar Ratio | 2.20 | 2.28 |
| Martin Ratio | 10.49 | 8.27 |
| Ulcer Index | 3.55% | 3.73% |
| Daily Std Dev | 16.27% | 17.37% |
| Max Drawdown | -55.38% | -82.98% |
| Current Drawdown | 0.00% | -1.78% |
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Correlation
The correlation between PPL and QQQ is 0.27, 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.
Risk-Adjusted Performance
PPL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PPL Corporation (PPL) 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
PPL vs. QQQ - Dividend Comparison
PPL's dividend yield for the trailing twelve months is around 2.91%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPL PPL Corporation | 2.91% | 3.54% | 2.99% | 5.52% | 5.89% | 4.60% | 5.79% | 5.11% | 4.46% | 4.33% | 4.12% | 4.90% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
PPL vs. QQQ - Drawdown Comparison
The maximum PPL drawdown since its inception was -55.38%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PPL and QQQ. For additional features, visit the drawdowns tool.
Volatility
PPL vs. QQQ - Volatility Comparison
PPL Corporation (PPL) has a higher volatility of 6.13% compared to Invesco QQQ (QQQ) at 5.41%. This indicates that PPL'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.