QNXT vs. VT

Last updated Jun 24, 2026

QNXT (iShares Nasdaq-100 ex Top 30 ETF) and VT (Vanguard Total World Stock ETF) are both exchange-traded funds - QNXT is a Nasdaq-100 fund tracking the Nasdaq-100 ex Top 30 UCITS Index, while VT is a Global Equities fund tracking the FTSE Global All Cap Index. Both are passively managed. Over the past year, QNXT returned 21.16% vs 25.71% for VT. Their correlation of 0.86 suggests significant overlap in exposure. QNXT charges 0.20%/yr vs 0.06%/yr for VT.

Performance

QNXT vs. VT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Nasdaq-100 ex Top 30 ETF (QNXT) and Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QNXT achieves a 12.44% return, which is significantly higher than VT's 10.06% return.

QNXT

• 1D: -1.96%
• 1M: 1.83%
• YTD: 12.44%
• 6M: 11.37%
• 1Y: 21.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VT

• 1D: -2.05%
• 1M: -0.44%
• YTD: 10.06%
• 6M: 9.32%
• 1Y: 25.71%
• 3Y*: 19.92%
• 5Y*: 10.51%
• 10Y*: 12.96%

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

QNXT vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QNXT iShares Nasdaq-100 ex Top 30 ETF	12.44%	14.97%	-2.58%
VT Vanguard Total World Stock ETF	10.06%	22.43%	-0.22%

Correlation

The correlation between QNXT and VT is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Oct 24, 2024	0.86

The correlation between QNXT and VT has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

QNXT vs. VT - Sectors Allocation Comparison

Sectors	QNXT	VT
Technology	45.3%	31.1%
Consumer Cyclical	15.1%	9.3%
Industrials	9.7%	11.4%
Communication Services	9.1%	8.0%
Healthcare	6.8%	7.9%
Consumer Defensive	5.5%	4.5%
Utilities	5.4%	2.4%
Energy	2.3%	3.8%
Financial Services	0.8%	15.2%
Real Estate	0.3%	2.3%
Basic Materials	-	4.1%

Return for Risk

QNXT vs. VT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QNXT

QNXT Risk / Return Rank: 41
QNXT Sharpe Ratio Rank: 41
QNXT Sortino Ratio Rank: 39
QNXT Omega Ratio Rank: 37
QNXT Calmar Ratio Rank: 45
QNXT Martin Ratio Rank: 44

VT

VT Risk / Return Rank: 59
VT Sharpe Ratio Rank: 59
VT Sortino Ratio Rank: 57
VT Omega Ratio Rank: 58
VT Calmar Ratio Rank: 56
VT Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QNXT vs. VT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq-100 ex Top 30 ETF (QNXT) and Vanguard Total World Stock ETF (VT). 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.

	QNXT	VT	Difference
Sharpe ratio: Return per unit of total volatility	1.34	1.91	-0.57
Sortino ratio: Return per unit of downside risk	1.89	2.62	-0.73
Omega ratio: Gain probability vs. loss probability	1.23	1.35	-0.11
Calmar ratio: Return relative to maximum drawdown	2.09	2.67	-0.58
Martin ratio: Return relative to average drawdown	6.69	11.57	-4.89

QNXT vs. VT - Sharpe Ratio Comparison

The current QNXT Sharpe Ratio is 1.34, which is comparable to the VT Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of QNXT and VT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QNXT vs. VT - Drawdown Comparison

The maximum QNXT drawdown since its inception was -22.25%, smaller than the maximum VT drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for QNXT and VT.

Drawdown Indicators

	QNXT	VT	Difference
Max Drawdown Largest peak-to-trough decline	-22.25%	-50.27%	+28.02%
Max Drawdown (1Y) Largest decline over 1 year	-10.16%	-9.67%	-0.49%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.51%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.24%	—
Current Drawdown Current decline from peak	-3.39%	-2.80%	-0.59%
Average Drawdown Average peak-to-trough decline	-3.74%	-7.00%	+3.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	2.23%	+0.94%

Volatility

QNXT vs. VT - Volatility Comparison

iShares Nasdaq-100 ex Top 30 ETF (QNXT) has a higher volatility of 6.86% compared to Vanguard Total World Stock ETF (VT) at 5.65%. This indicates that QNXT's price experiences larger fluctuations and is considered to be riskier than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QNXT	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.86%	5.65%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	12.01%	11.32%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	15.94%	13.58%	+2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.94%	16.19%	+3.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.94%	17.20%	+2.74%

QNXT vs. VT - Expense Ratio Comparison

QNXT has a 0.20% expense ratio, which is higher than VT's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

QNXT vs. VT - Dividend Comparison

QNXT's dividend yield for the trailing twelve months is around 0.67%, less than VT's 1.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QNXT iShares Nasdaq-100 ex Top 30 ETF	0.67%	0.64%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VT Vanguard Total World Stock ETF	1.61%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both QNXT and VT in my portfolio?

QNXT and VT have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QNXT or VT?

QNXT has higher volatility (6.86%) compared to VT (5.65%). In terms of maximum drawdown, QNXT dropped -22.25% vs VT's -50.27%.

Which ETF is better, QNXT or VT?

On 1-year performance, VT leads with 25.71% vs 21.16% for QNXT. On fees, VT is cheaper at 0.06% per year. On volatility, VT has been the lower-risk option at 5.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QNXT or VT?

Over the 1-year period, VT has performed better with a 25.71% return vs 21.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QNXT or VT?

VT is cheaper with a 0.06% expense ratio, compared with 0.20% for QNXT.

Which ETF pays a higher dividend yield, QNXT or VT?

VT has the higher dividend yield at 1.61%, compared with 0.67% for QNXT.

What is the main difference between QNXT and VT?

QNXT is categorized as Nasdaq-100, while VT is Global Equities. QNXT tracks Nasdaq-100 ex Top 30 UCITS Index, while VT tracks FTSE Global All Cap Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.20% for QNXT and 0.06% for VT.

Which has better risk-adjusted returns?

VT currently has the higher Sharpe Ratio (1.91 vs 1.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.