TRND vs. QQQ
Compare and contrast key facts about Pacer Trendpilot Fund of Funds ETF (TRND) and Invesco QQQ (QQQ).
TRND and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TRND is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Trendpilot Fund of Funds Index. It was launched on May 3, 2019. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both TRND and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRND or QQQ.
Correlation
The correlation between TRND and QQQ is 0.84, 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.
Performance
TRND vs. QQQ - Performance Comparison
Key characteristics
TRND:
1.31
QQQ:
1.30
TRND:
1.83
QQQ:
1.78
TRND:
1.24
QQQ:
1.24
TRND:
1.95
QQQ:
1.76
TRND:
7.37
QQQ:
6.08
TRND:
1.76%
QQQ:
3.92%
TRND:
9.90%
QQQ:
18.35%
TRND:
-17.88%
QQQ:
-82.98%
TRND:
-1.59%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, TRND achieves a 2.69% return, which is significantly lower than QQQ's 2.90% return.
TRND
2.69%
-0.36%
3.05%
11.34%
5.63%
N/A
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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TRND vs. QQQ - Expense Ratio Comparison
TRND has a 0.77% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TRND vs. QQQ — Risk-Adjusted Performance Rank
TRND
QQQ
TRND vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot Fund of Funds ETF (TRND) 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
TRND vs. QQQ - Dividend Comparison
TRND's dividend yield for the trailing twelve months is around 2.25%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRND Pacer Trendpilot Fund of Funds ETF | 2.25% | 2.31% | 2.51% | 1.76% | 0.93% | 0.60% | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
TRND vs. QQQ - Drawdown Comparison
The maximum TRND drawdown since its inception was -17.88%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TRND and QQQ. For additional features, visit the drawdowns tool.
Volatility
TRND vs. QQQ - Volatility Comparison
The current volatility for Pacer Trendpilot Fund of Funds ETF (TRND) is 2.65%, while Invesco QQQ (QQQ) has a volatility of 5.02%. This indicates that TRND 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.