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QQQN vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QQQN and IVV is 0.80, 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.


-0.50.00.51.00.8

Performance

QQQN vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Nasdaq Next 50 ETF (QQQN) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
29.35%
89.36%
QQQN
IVV

Key characteristics

Returns By Period


QQQN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

IVV

YTD

25.92%

1M

0.33%

6M

9.27%

1Y

26.64%

5Y*

14.77%

10Y*

13.05%

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QQQN vs. IVV - Expense Ratio Comparison

QQQN has a 0.18% expense ratio, which is higher than IVV's 0.03% 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%.


QQQN
VictoryShares Nasdaq Next 50 ETF
Expense ratio chart for QQQN: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%
Expense ratio chart for IVV: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

QQQN vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Nasdaq Next 50 ETF (QQQN) and iShares Core S&P 500 ETF (IVV). 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 QQQN, currently valued at 1.34, compared to the broader market0.002.004.001.342.25
The chart of Sortino ratio for QQQN, currently valued at 1.96, compared to the broader market-2.000.002.004.006.008.0010.001.962.98
The chart of Omega ratio for QQQN, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.42
The chart of Calmar ratio for QQQN, currently valued at 0.72, compared to the broader market0.005.0010.0015.000.723.32
The chart of Martin ratio for QQQN, currently valued at 6.55, compared to the broader market0.0020.0040.0060.0080.00100.006.5514.68
QQQN
IVV


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.34
2.25
QQQN
IVV

Dividends

QQQN vs. IVV - Dividend Comparison

QQQN has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.29%.


TTM20232022202120202019201820172016201520142013
QQQN
VictoryShares Nasdaq Next 50 ETF
0.74%0.64%0.90%0.33%0.13%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IVV
iShares Core S&P 500 ETF
1.29%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%1.80%

Drawdowns

QQQN vs. IVV - Drawdown Comparison


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.15%
-2.52%
QQQN
IVV

Volatility

QQQN vs. IVV - Volatility Comparison

The current volatility for VictoryShares Nasdaq Next 50 ETF (QQQN) is 0.00%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.75%. This indicates that QQQN experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember0
3.75%
QQQN
IVV
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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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