^VVIX vs. QQQ
Compare and contrast key facts about CBOE VIX Volatility Index (^VVIX) 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: ^VVIX or QQQ.
Correlation
The correlation between ^VVIX and QQQ is 0.89, 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
^VVIX vs. QQQ - Performance Comparison
Key characteristics
^VVIX:
0.23
QQQ:
0.47
^VVIX:
1.28
QQQ:
0.82
^VVIX:
1.15
QQQ:
1.11
^VVIX:
0.40
QQQ:
0.52
^VVIX:
0.77
QQQ:
1.79
^VVIX:
33.68%
QQQ:
6.64%
^VVIX:
113.25%
QQQ:
25.28%
^VVIX:
-78.10%
QQQ:
-82.98%
^VVIX:
-52.33%
QQQ:
-12.28%
Returns By Period
In the year-to-date period, ^VVIX achieves a -5.16% return, which is significantly higher than QQQ's -7.43% return. Over the past 10 years, ^VVIX has underperformed QQQ with an annualized return of 1.86%, while QQQ has yielded a comparatively higher 16.72% annualized return.
^VVIX
-5.16%
10.55%
-15.79%
24.37%
-3.85%
1.86%
QQQ
-7.43%
-1.88%
-4.30%
10.31%
17.80%
16.72%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^VVIX vs. QQQ — Risk-Adjusted Performance Rank
^VVIX
QQQ
^VVIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CBOE VIX Volatility Index (^VVIX) 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.
Drawdowns
^VVIX vs. QQQ - Drawdown Comparison
The maximum ^VVIX drawdown since its inception was -78.10%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^VVIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
^VVIX vs. QQQ - Volatility Comparison
CBOE VIX Volatility Index (^VVIX) has a higher volatility of 48.56% compared to Invesco QQQ (QQQ) at 16.86%. This indicates that ^VVIX'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.