QQQ vs. AIVSX
Compare and contrast key facts about Invesco QQQ (QQQ) and American Funds Investment Company of America Class A (AIVSX).
QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. AIVSX is managed by American Funds. It was launched on Jan 1, 1934.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQ or AIVSX.
Key characteristics
| QQQ | AIVSX | |
|---|---|---|
| YTD Return | 25.63% | 26.02% |
| 1Y Return | 33.85% | 35.64% |
| 3Y Return (Ann) | 9.83% | 11.52% |
| 5Y Return (Ann) | 21.21% | 15.42% |
| 10Y Return (Ann) | 18.37% | 12.07% |
| Sharpe Ratio | 2.12 | 3.15 |
| Sortino Ratio | 2.79 | 4.20 |
| Omega Ratio | 1.38 | 1.59 |
| Calmar Ratio | 2.71 | 5.63 |
| Martin Ratio | 9.88 | 25.34 |
| Ulcer Index | 3.72% | 1.51% |
| Daily Std Dev | 17.31% | 12.13% |
| Max Drawdown | -82.98% | -50.56% |
| Current Drawdown | -0.37% | -0.54% |
Correlation
The correlation between QQQ and AIVSX is 0.81, 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
QQQ vs. AIVSX - Performance Comparison
The year-to-date returns for both investments are quite close, with QQQ having a 25.63% return and AIVSX slightly higher at 26.02%. Over the past 10 years, QQQ has outperformed AIVSX with an annualized return of 18.37%, while AIVSX has yielded a comparatively lower 12.07% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QQQ vs. AIVSX - Expense Ratio Comparison
QQQ has a 0.20% expense ratio, which is lower than AIVSX's 0.57% expense ratio.
Risk-Adjusted Performance
QQQ vs. AIVSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ (QQQ) and American Funds Investment Company of America Class A (AIVSX). 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
QQQ vs. AIVSX - Dividend Comparison
QQQ's dividend yield for the trailing twelve months is around 0.59%, less than AIVSX's 1.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
AIVSX American Funds Investment Company of America Class A | 1.16% | 1.44% | 1.50% | 1.20% | 1.40% | 1.93% | 2.17% | 1.68% | 1.89% | 3.06% | 11.66% | 9.04% |
Drawdowns
QQQ vs. AIVSX - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.98%, which is greater than AIVSX's maximum drawdown of -50.56%. Use the drawdown chart below to compare losses from any high point for QQQ and AIVSX. For additional features, visit the drawdowns tool.
Volatility
QQQ vs. AIVSX - Volatility Comparison
Invesco QQQ (QQQ) has a higher volatility of 4.91% compared to American Funds Investment Company of America Class A (AIVSX) at 3.47%. This indicates that QQQ's price experiences larger fluctuations and is considered to be riskier than AIVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.