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:
2.13
QQQ:
1.37
PPL:
2.90
QQQ:
1.86
PPL:
1.37
QQQ:
1.25
PPL:
2.36
QQQ:
1.84
PPL:
9.91
QQQ:
6.35
PPL:
3.49%
QQQ:
3.92%
PPL:
16.28%
QQQ:
18.24%
PPL:
-55.37%
QQQ:
-82.98%
PPL:
-0.97%
QQQ:
0.00%
Returns By Period
In the year-to-date period, PPL achieves a 5.95% return, which is significantly higher than QQQ's 5.53% return. Over the past 10 years, PPL has underperformed QQQ with an annualized return of 5.32%, while QQQ has yielded a comparatively higher 18.38% annualized return.
PPL
5.95%
3.43%
10.74%
34.64%
3.71%
5.32%
QQQ
5.53%
3.41%
12.16%
27.01%
19.41%
18.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 3.00%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPL PPL Corporation | 3.00% | 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 | 0.53% | 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
PPL Corporation (PPL) has a higher volatility of 5.62% compared to Invesco QQQ (QQQ) at 4.69%. 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.