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IVNQX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IVNQX and QQQ is 1.00, 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.


-0.50.00.51.01.0

Performance

IVNQX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Nasdaq 100 Index Fund (IVNQX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

50.00%60.00%70.00%80.00%90.00%JulyAugustSeptemberOctoberNovemberDecember
80.14%
80.58%
IVNQX
QQQ

Key characteristics

Sharpe Ratio

IVNQX:

1.59

QQQ:

1.64

Sortino Ratio

IVNQX:

2.13

QQQ:

2.19

Omega Ratio

IVNQX:

1.29

QQQ:

1.30

Calmar Ratio

IVNQX:

2.12

QQQ:

2.16

Martin Ratio

IVNQX:

7.59

QQQ:

7.79

Ulcer Index

IVNQX:

3.78%

QQQ:

3.76%

Daily Std Dev

IVNQX:

18.07%

QQQ:

17.85%

Max Drawdown

IVNQX:

-34.83%

QQQ:

-82.98%

Current Drawdown

IVNQX:

-3.65%

QQQ:

-3.63%

Returns By Period

The year-to-date returns for both investments are quite close, with IVNQX having a 26.65% return and QQQ slightly higher at 27.20%.


IVNQX

YTD

26.65%

1M

2.72%

6M

7.93%

1Y

27.16%

5Y*

N/A

10Y*

N/A

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IVNQX vs. QQQ - Expense Ratio Comparison

IVNQX has a 0.29% expense ratio, which is higher than QQQ's 0.20% expense ratio.


IVNQX
Invesco Nasdaq 100 Index Fund
Expense ratio chart for IVNQX: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

IVNQX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq 100 Index Fund (IVNQX) 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.


Sharpe ratio
The chart of Sharpe ratio for IVNQX, currently valued at 1.59, compared to the broader market-1.000.001.002.003.004.001.591.64
The chart of Sortino ratio for IVNQX, currently valued at 2.13, compared to the broader market-2.000.002.004.006.008.0010.002.132.19
The chart of Omega ratio for IVNQX, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.003.501.291.30
The chart of Calmar ratio for IVNQX, currently valued at 2.12, compared to the broader market0.002.004.006.008.0010.0012.0014.002.122.16
The chart of Martin ratio for IVNQX, currently valued at 7.59, compared to the broader market0.0020.0040.0060.007.597.79
IVNQX
QQQ

The current IVNQX Sharpe Ratio is 1.59, which is comparable to the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of IVNQX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.59
1.64
IVNQX
QQQ

Dividends

IVNQX vs. QQQ - Dividend Comparison

IVNQX's dividend yield for the trailing twelve months is around 0.37%, less than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
IVNQX
Invesco Nasdaq 100 Index Fund
0.37%0.54%0.73%0.39%0.19%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

IVNQX vs. QQQ - Drawdown Comparison

The maximum IVNQX drawdown since its inception was -34.83%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for IVNQX and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.65%
-3.63%
IVNQX
QQQ

Volatility

IVNQX vs. QQQ - Volatility Comparison

Invesco Nasdaq 100 Index Fund (IVNQX) and Invesco QQQ (QQQ) have volatilities of 5.43% and 5.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.43%
5.29%
IVNQX
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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