IRLNX vs. QQQM
Compare and contrast key facts about Voya Russell Large Cap Growth Index Portfolio (IRLNX) and Invesco NASDAQ 100 ETF (QQQM).
IRLNX is managed by Voya. It was launched on May 1, 2009. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IRLNX or QQQM.
Correlation
The correlation between IRLNX and QQQM is 0.98, 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
IRLNX vs. QQQM - Performance Comparison
Key characteristics
IRLNX:
1.46
QQQM:
1.41
IRLNX:
1.99
QQQM:
1.91
IRLNX:
1.27
QQQM:
1.26
IRLNX:
2.05
QQQM:
1.89
IRLNX:
7.38
QQQM:
6.54
IRLNX:
3.84%
QQQM:
3.91%
IRLNX:
19.40%
QQQM:
18.17%
IRLNX:
-32.90%
QQQM:
-35.05%
IRLNX:
-1.24%
QQQM:
-0.41%
Returns By Period
In the year-to-date period, IRLNX achieves a 2.76% return, which is significantly lower than QQQM's 5.10% return.
IRLNX
2.76%
1.15%
13.38%
29.97%
18.98%
17.31%
QQQM
5.10%
2.35%
13.51%
27.08%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IRLNX vs. QQQM - Expense Ratio Comparison
IRLNX has a 0.43% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
IRLNX vs. QQQM — Risk-Adjusted Performance Rank
IRLNX
QQQM
IRLNX vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Russell Large Cap Growth Index Portfolio (IRLNX) and Invesco NASDAQ 100 ETF (QQQM). 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
IRLNX vs. QQQM - Dividend Comparison
IRLNX's dividend yield for the trailing twelve months is around 0.35%, less than QQQM's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRLNX Voya Russell Large Cap Growth Index Portfolio | 0.35% | 0.36% | 0.44% | 0.54% | 0.45% | 0.50% | 0.88% | 1.16% | 0.99% | 1.23% | 1.14% | 1.21% |
QQQM Invesco NASDAQ 100 ETF | 0.58% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IRLNX vs. QQQM - Drawdown Comparison
The maximum IRLNX drawdown since its inception was -32.90%, smaller than the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for IRLNX and QQQM. For additional features, visit the drawdowns tool.
Volatility
IRLNX vs. QQQM - Volatility Comparison
Voya Russell Large Cap Growth Index Portfolio (IRLNX) has a higher volatility of 5.15% compared to Invesco NASDAQ 100 ETF (QQQM) at 4.66%. This indicates that IRLNX's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.