TPVG vs. QQQ
Compare and contrast key facts about TriplePoint Venture Growth BDC Corp. (TPVG) 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: TPVG or QQQ.
Correlation
The correlation between TPVG and QQQ is 0.30, 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
TPVG vs. QQQ - Performance Comparison
Key characteristics
TPVG:
-0.84
QQQ:
-0.23
TPVG:
-1.09
QQQ:
-0.17
TPVG:
0.85
QQQ:
0.98
TPVG:
-0.53
QQQ:
-0.22
TPVG:
-1.94
QQQ:
-0.86
TPVG:
13.77%
QQQ:
5.75%
TPVG:
31.64%
QQQ:
21.27%
TPVG:
-81.78%
QQQ:
-82.98%
TPVG:
-50.82%
QQQ:
-22.77%
Returns By Period
The year-to-date returns for both investments are quite close, with TPVG having a -18.64% return and QQQ slightly higher at -18.49%. Over the past 10 years, TPVG has underperformed QQQ with an annualized return of 3.47%, while QQQ has yielded a comparatively higher 15.40% annualized return.
TPVG
-18.64%
-21.10%
-6.36%
-26.92%
8.86%
3.47%
QQQ
-18.49%
-15.27%
-14.70%
-4.99%
16.48%
15.40%
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Risk-Adjusted Performance
TPVG vs. QQQ — Risk-Adjusted Performance Rank
TPVG
QQQ
TPVG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TriplePoint Venture Growth BDC Corp. (TPVG) 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
TPVG vs. QQQ - Dividend Comparison
TPVG's dividend yield for the trailing twelve months is around 22.57%, more than QQQ's 0.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPVG TriplePoint Venture Growth BDC Corp. | 22.57% | 18.97% | 14.73% | 14.86% | 8.02% | 11.81% | 10.13% | 14.14% | 11.35% | 12.22% | 12.04% | 8.22% |
QQQ Invesco QQQ | 0.72% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
TPVG vs. QQQ - Drawdown Comparison
The maximum TPVG drawdown since its inception was -81.78%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TPVG and QQQ. For additional features, visit the drawdowns tool.
Volatility
TPVG vs. QQQ - Volatility Comparison
TriplePoint Venture Growth BDC Corp. (TPVG) has a higher volatility of 11.82% compared to Invesco QQQ (QQQ) at 10.24%. This indicates that TPVG'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.