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 0.40, 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:
2.07
QQQ:
0.47
PPL:
2.71
QQQ:
0.82
PPL:
1.36
QQQ:
1.11
PPL:
3.33
QQQ:
0.52
PPL:
10.05
QQQ:
1.79
PPL:
3.61%
QQQ:
6.64%
PPL:
17.59%
QQQ:
25.28%
PPL:
-55.37%
QQQ:
-82.98%
PPL:
-0.88%
QQQ:
-12.28%
Returns By Period
In the year-to-date period, PPL achieves a 11.58% return, which is significantly higher than QQQ's -7.43% return. Over the past 10 years, PPL has underperformed QQQ with an annualized return of 5.93%, while QQQ has yielded a comparatively higher 16.64% annualized return.
PPL
11.58%
3.84%
12.56%
36.02%
11.76%
5.93%
QQQ
-7.43%
-2.44%
-4.30%
12.01%
17.97%
16.64%
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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 2.91%, more than QQQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPL PPL Corporation | 2.91% | 3.17% | 3.54% | 2.99% | 5.52% | 5.89% | 4.60% | 5.79% | 5.11% | 4.46% | 4.32% | 4.10% |
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
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 7.87%, while Invesco QQQ (QQQ) has a volatility of 16.86%. 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.