IVOG vs. QQQN

Last updated Aug 2, 2026

IVOG (Vanguard S&P Mid-Cap 400 Growth ETF) and QQQN (VictoryShares Nasdaq Next 50 ETF) are both Mid Cap Growth Equities funds - IVOG tracks the S&P MidCap 400 Growth Index while QQQN tracks the Nasdaq Q-50 Index. Both are passively managed. IVOG charges 0.10%/yr vs 0.18%/yr for QQQN.

Performance

IVOG vs. QQQN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) and VictoryShares Nasdaq Next 50 ETF (QQQN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IVOG

• 1D: -0.07%
• 1M: -2.89%
• 6M: 11.25%
• YTD: 15.87%
• 1Y: 22.81%
• 3Y*: 13.84%
• 5Y*: 7.47%
• 10Y*: 10.91%
• ALL TIME*: 12.22%

QQQN

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IVOG Vanguard S&P Mid-Cap 400 Growth ETF	$2.19M	$2.83M	$3.26M
QQQN VictoryShares Nasdaq Next 50 ETF	$0.00	$0.00	$0.00

IVOG vs. QQQN - Yearly Performance Comparison

	2026 (YTD)
IVOG Vanguard S&P Mid-Cap 400 Growth ETF	11.31%
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%

Return for Risk

IVOG vs. QQQN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IVOG

IVOG Risk / Return Rank: 55
IVOG Sharpe Ratio Rank: 49
IVOG Sortino Ratio Rank: 51
IVOG Omega Ratio Rank: 47
IVOG Calmar Ratio Rank: 63
IVOG Martin Ratio Rank: 66

QQQN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IVOG vs. QQQN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) and VictoryShares Nasdaq Next 50 ETF (QQQN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IVOG	QQQN	Difference
Sharpe ratio: Return per unit of total volatility	1.20	—	—
Sortino ratio: Return per unit of downside risk	1.80	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	2.20	—	—
Martin ratio: Return relative to average drawdown	7.98	—	—

Drawdowns

IVOG vs. QQQN - Drawdown Comparison

The maximum IVOG drawdown since its inception was -39.32%, which is greater than QQQN's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for IVOG and QQQN.

Drawdown Indicators

	IVOG	QQQN	Difference
Max Drawdown Largest peak-to-trough decline	-39.32%	0.00%	-39.32%
Max Drawdown (1Y) Largest decline over 1 year	-9.69%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.32%	—	—
Current Drawdown Current decline from peak	-4.80%	0.00%	-4.80%
Average Drawdown Average peak-to-trough decline	-5.84%	0.00%	-5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	—	—

Volatility

Volatility by Period

	IVOG	QQQN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.93%	0.00%	+17.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.70%	0.00%	+20.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.61%	0.00%	+20.61%

IVOG vs. QQQN - Expense Ratio Comparison

IVOG has a 0.10% expense ratio, which is lower than QQQN's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IVOG vs. QQQN - Dividend Comparison

IVOG's dividend yield for the trailing twelve months is around 0.56%, while QQQN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVOG Vanguard S&P Mid-Cap 400 Growth ETF	0.56%	0.64%	0.79%	1.15%	1.05%	0.47%	0.74%	1.17%	1.01%	0.93%	1.11%	1.04%
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, IVOG or QQQN?

On fees, IVOG is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVOG or QQQN?

IVOG is cheaper with a 0.10% expense ratio, compared with 0.18% for QQQN.

Which ETF pays a higher dividend yield, IVOG or QQQN?

IVOG has the higher dividend yield at 0.56%, compared with 0.00% for QQQN.

What is the main difference between IVOG and QQQN?

IVOG tracks S&P MidCap 400 Growth Index, while QQQN tracks Nasdaq Q-50 Index. They also come from different issuers: Vanguard and VictoryShares. Their fees differ too: 0.10% for IVOG and 0.18% for QQQN.