PSHZF vs. QQQ
Compare and contrast key facts about Pershing Square Holdings Ltd (PSHZF) 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: PSHZF or QQQ.
Correlation
The correlation between PSHZF and QQQ is 0.39, 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
PSHZF vs. QQQ - Performance Comparison
Key characteristics
PSHZF:
0.82
QQQ:
1.44
PSHZF:
1.23
QQQ:
1.95
PSHZF:
1.15
QQQ:
1.26
PSHZF:
0.95
QQQ:
1.94
PSHZF:
1.77
QQQ:
6.71
PSHZF:
10.07%
QQQ:
3.92%
PSHZF:
21.74%
QQQ:
18.27%
PSHZF:
-56.97%
QQQ:
-82.98%
PSHZF:
0.00%
QQQ:
0.00%
Returns By Period
In the year-to-date period, PSHZF achieves a 17.31% return, which is significantly higher than QQQ's 5.27% return. Over the past 10 years, PSHZF has underperformed QQQ with an annualized return of 8.44%, while QQQ has yielded a comparatively higher 18.44% annualized return.
PSHZF
17.31%
9.53%
19.43%
17.26%
24.43%
8.44%
QQQ
5.27%
3.15%
13.63%
25.73%
18.87%
18.44%
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Risk-Adjusted Performance
PSHZF vs. QQQ — Risk-Adjusted Performance Rank
PSHZF
QQQ
PSHZF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pershing Square Holdings Ltd (PSHZF) 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
PSHZF vs. QQQ - Dividend Comparison
PSHZF's dividend yield for the trailing twelve months is around 0.77%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSHZF Pershing Square Holdings Ltd | 0.77% | 1.21% | 1.12% | 1.16% | 0.97% | 1.13% | 2.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
PSHZF vs. QQQ - Drawdown Comparison
The maximum PSHZF drawdown since its inception was -56.97%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PSHZF and QQQ. For additional features, visit the drawdowns tool.
Volatility
PSHZF vs. QQQ - Volatility Comparison
Pershing Square Holdings Ltd (PSHZF) has a higher volatility of 6.60% compared to Invesco QQQ (QQQ) at 5.01%. This indicates that PSHZF'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.