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.
Key characteristics
| PPL | QQQ | |
|---|---|---|
| YTD Return | 10.17% | 10.74% |
| 1Y Return | 11.36% | 39.36% |
| 3Y Return (Ann) | 4.48% | 12.27% |
| 5Y Return (Ann) | 4.58% | 20.73% |
| 10Y Return (Ann) | 4.06% | 18.86% |
| Sharpe Ratio | 0.50 | 2.43 |
| Daily Std Dev | 18.04% | 16.27% |
| Max Drawdown | -55.38% | -82.98% |
| Current Drawdown | -2.50% | 0.00% |
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.
Performance
PPL vs. QQQ - Performance Comparison
In the year-to-date period, PPL achieves a 10.17% return, which is significantly lower than QQQ's 10.74% return. Over the past 10 years, PPL has underperformed QQQ with an annualized return of 4.06%, while QQQ has yielded a comparatively higher 18.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 3.31%, more than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPL PPL Corporation | 3.31% | 3.54% | 2.99% | 5.52% | 5.89% | 4.60% | 5.79% | 5.11% | 4.46% | 4.32% | 4.10% | 4.89% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
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
The current volatility for PPL Corporation (PPL) is 3.81%, while Invesco QQQ (QQQ) has a volatility of 5.12%. 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.