Correlation
The correlation between QQQG and QQQ is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
QQQG vs. QQQ
Compare and contrast key facts about Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) and Invesco QQQ (QQQ).
QQQG and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQG is an actively managed fund by Pacer. It was launched on Aug 19, 2024. 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: QQQG or QQQ.
Performance
QQQG vs. QQQ - Performance Comparison
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Key characteristics
QQQG:
27.60%
QQQ:
25.59%
QQQG:
-23.61%
QQQ:
-82.98%
QQQG:
-1.88%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, QQQG achieves a 4.86% return, which is significantly higher than QQQ's 1.69% return.
QQQG
4.86%
8.80%
1.84%
N/A
N/A
N/A
N/A
QQQ
1.69%
7.77%
2.15%
15.88%
19.78%
18.08%
17.69%
Compare stocks, funds, or ETFs
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QQQG vs. QQQ - Expense Ratio Comparison
QQQG has a 0.49% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
QQQG vs. QQQ — Risk-Adjusted Performance Rank
QQQG
QQQ
QQQG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) 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.
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Dividends
QQQG vs. QQQ - Dividend Comparison
QQQG's dividend yield for the trailing twelve months is around 0.11%, less than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF | 0.11% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
QQQG vs. QQQ - Drawdown Comparison
The maximum QQQG drawdown since its inception was -23.61%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for QQQG and QQQ.
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Volatility
QQQG vs. QQQ - Volatility Comparison
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