PRCT vs. QQQ
Compare and contrast key facts about PROCEPT BioRobotics Corporation (PRCT) 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: PRCT or QQQ.
Correlation
The correlation between PRCT and QQQ is 0.34, 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
PRCT vs. QQQ - Performance Comparison
Key characteristics
PRCT:
0.25
QQQ:
0.40
PRCT:
1.02
QQQ:
0.65
PRCT:
1.11
QQQ:
1.09
PRCT:
0.37
QQQ:
0.57
PRCT:
1.03
QQQ:
1.74
PRCT:
15.54%
QQQ:
4.44%
PRCT:
64.70%
QQQ:
19.08%
PRCT:
-63.51%
QQQ:
-82.98%
PRCT:
-43.66%
QQQ:
-13.19%
Returns By Period
In the year-to-date period, PRCT achieves a -30.41% return, which is significantly lower than QQQ's -8.39% return.
PRCT
-30.41%
-15.11%
-30.30%
11.66%
N/A
N/A
QQQ
-8.39%
-11.30%
-0.73%
7.01%
20.32%
16.90%
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Risk-Adjusted Performance
PRCT vs. QQQ — Risk-Adjusted Performance Rank
PRCT
QQQ
PRCT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PROCEPT BioRobotics Corporation (PRCT) 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
PRCT vs. QQQ - Dividend Comparison
PRCT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRCT PROCEPT BioRobotics Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PRCT vs. QQQ - Drawdown Comparison
The maximum PRCT drawdown since its inception was -63.51%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PRCT and QQQ. For additional features, visit the drawdowns tool.
Volatility
PRCT vs. QQQ - Volatility Comparison
PROCEPT BioRobotics Corporation (PRCT) has a higher volatility of 18.54% compared to Invesco QQQ (QQQ) at 7.15%. This indicates that PRCT'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.