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QQQ vs. SWVXX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQQ vs. SWVXX

Last updated Jun 9, 2026

QQQ (Invesco QQQ ETF) and SWVXX (Schwab Prime Advantage Money Fund Investor Shares) are both funds - QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while SWVXX is a Money Market fund actively managed by Charles Schwab. QQQ is passively managed, while SWVXX is actively managed. Over the past 5 years, QQQ returned 16.98%/yr vs 3.14%/yr for SWVXX. At a 0.00 correlation, their price movements are largely independent. QQQ charges 0.18%/yr vs 0.34%/yr for SWVXX.

Performance

QQQ vs. SWVXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ ETF (QQQ) and Schwab Prime Advantage Money Fund Investor Shares (SWVXX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QQQ achieves a 16.71% return, which is significantly higher than SWVXX's 1.45% return.

QQQ

1D
1.56%
1M
0.68%
YTD
16.71%
6M
15.00%
1Y
35.78%
3Y*
27.15%
5Y*
16.98%
10Y*
21.59%

SWVXX

1D
0.00%
1M
0.29%
YTD
1.45%
6M
1.77%
1Y
3.85%
3Y*
4.71%
5Y*
3.14%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQQ vs. SWVXX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
QQQ
Invesco QQQ ETF		16.71%20.77%25.58%54.86%-32.58%20.08%
SWVXX
Schwab Prime Advantage Money Fund Investor Shares		1.45%4.15%5.16%5.04%0.00%0.00%

Correlation

The correlation between QQQ and SWVXX is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.01

Correlation (3Y)
Calculated over the trailing 3-year period

-0.02

Correlation (5Y)
Calculated over the trailing 5-year period

0.00

Correlation (All Time)
Calculated using the full available price history since May 25, 2021

0.00

Compare stocks, funds, or ETFs

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Invesco QQQ ETF

Schwab Prime Advantage Money Fund Investor Shares

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Often compared with SWVXX:
SWVXX vs. SGOVSWVXX vs. VMFXXSWVXX vs. SNSXXSWVXX vs. SPAXXSWVXX vs. SHVSWVXX vs. BILSWVXX vs. SWAGX

Return for Risk

QQQ vs. SWVXX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQ
QQQ Risk / Return Rank: 6969
Overall Rank
QQQ Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 6767
Sortino Ratio Rank
QQQ Omega Ratio Rank: 7070
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6666
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6868
Martin Ratio Rank
SWVXX
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.

QQQ vs. SWVXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and Schwab Prime Advantage Money Fund Investor Shares (SWVXX). 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.

QQQSWVXXDifference
Sharpe ratioReturn per unit of total volatility
2.15
3.71

-1.56

Sortino ratioReturn per unit of downside risk
2.77

—

—

Omega ratioGain probability vs. loss probability

1.38

—

—

Calmar ratioReturn relative to maximum drawdown

3.00

—

—

Martin ratioReturn relative to average drawdown

11.43

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQ vs. SWVXX - Sharpe Ratio Comparison

The current QQQ Sharpe Ratio is 2.15, which is lower than the SWVXX Sharpe Ratio of 3.71. The chart below compares the historical Sharpe Ratios of QQQ and SWVXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

QQQSWVXXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.15

3.71

-1.56

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

2.95

-2.19

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.97

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

2.94

-2.54

Drawdowns

QQQ vs. SWVXX - Drawdown Comparison

The maximum QQQ drawdown since its inception was -82.97%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QQQ and SWVXX.

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Drawdown Indicators

QQQSWVXXDifference

Max Drawdown

Largest peak-to-trough decline

-82.97%

0.00%

-82.97%

Max Drawdown (1Y)

Largest decline over 1 year

-11.96%

0.00%

-11.96%

Max Drawdown (3Y)

Largest decline over 3 years

-22.77%

0.00%

-22.77%

Max Drawdown (5Y)

Largest decline over 5 years

-35.12%

0.00%

-35.12%

Max Drawdown (10Y)

Largest decline over 10 years

-35.12%

—

—

Current Drawdown

Current decline from peak

-4.03%

0.00%

-4.03%

Average Drawdown

Average peak-to-trough decline

-32.77%

0.00%

-32.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.14%

0.00%

+3.14%

Volatility

QQQ vs. SWVXX - Volatility Comparison

Invesco QQQ ETF (QQQ) has a higher volatility of 6.84% compared to Schwab Prime Advantage Money Fund Investor Shares (SWVXX) at 0.29%. This indicates that QQQ's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQQSWVXXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.84%

0.29%

+6.55%

Volatility (6M)

Calculated over the trailing 6-month period

13.20%

0.76%

+12.44%

Volatility (1Y)

Calculated over the trailing 1-year period

16.74%

1.10%

+15.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.49%

1.09%

+21.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.36%

1.09%

+21.27%

QQQ vs. SWVXX - Expense Ratio Comparison

QQQ has a 0.18% expense ratio, which is lower than SWVXX's 0.34% expense ratio.

Dividends

QQQ vs. SWVXX - Dividend Comparison

QQQ's dividend yield for the trailing twelve months is around 0.39%, less than SWVXX's 3.77% yield.

PositionTTM20252024202320222021202020192018201720162015
QQQ
Invesco QQQ ETF		0.39%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%
SWVXX
Schwab Prime Advantage Money Fund Investor Shares		3.77%4.06%5.02%4.91%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

QQQ and SWVXX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QQQ has higher volatility (6.84%) compared to SWVXX (0.29%). In terms of maximum drawdown, QQQ dropped -82.97% vs SWVXX's 0.00%.

SWVXX currently has the higher Sharpe Ratio (3.71 vs 2.15), 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.

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