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.
Correlation
The correlation between PPL and QQQ is 0.26, 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
PPL vs. QQQ - Performance Comparison
Key characteristics
PPL:
1.74
QQQ:
1.43
PPL:
2.45
QQQ:
1.95
PPL:
1.30
QQQ:
1.26
PPL:
1.66
QQQ:
1.92
PPL:
8.29
QQQ:
6.71
PPL:
3.39%
QQQ:
3.88%
PPL:
16.15%
QQQ:
18.19%
PPL:
-55.37%
QQQ:
-82.98%
PPL:
-4.49%
QQQ:
-4.51%
Returns By Period
In the year-to-date period, PPL achieves a 2.19% return, which is significantly higher than QQQ's 0.36% return. Over the past 10 years, PPL has underperformed QQQ with an annualized return of 4.83%, while QQQ has yielded a comparatively higher 18.64% annualized return.
PPL
2.19%
2.82%
17.33%
30.41%
2.69%
4.83%
QQQ
0.36%
-4.09%
7.33%
26.75%
18.92%
18.64%
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Risk-Adjusted Performance
PPL vs. QQQ — Risk-Adjusted Performance Rank
PPL
QQQ
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 3.11%, more than QQQ's 0.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPL PPL Corporation | 3.11% | 3.18% | 3.54% | 2.99% | 5.52% | 5.89% | 4.60% | 5.79% | 5.11% | 4.46% | 4.33% | 4.12% |
QQQ Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PPL vs. QQQ - Drawdown Comparison
The maximum PPL drawdown since its inception was -55.37%, 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
The current volatility for PPL Corporation (PPL) is 5.26%, while Invesco QQQ (QQQ) has a volatility of 6.38%. This indicates that PPL 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.