QQQS vs. VITAX

Last updated Jun 24, 2026

QQQS (Invesco NASDAQ Future Gen 200 ETF) and VITAX (Vanguard Information Technology Index Fund Admiral Shares) are both funds - QQQS is a Small Cap Blend Equities fund tracking the Nasdaq Innovators Completion Cap Total Return Index, while VITAX is a Technology Equities fund tracking the MSCI US Investable Market Information Technology 25/50 Index. Both are passively managed. Over the past 3 years, QQQS returned 16.24%/yr vs 31.76%/yr for VITAX. A 0.67 correlation means they provide meaningful diversification when combined. QQQS charges 0.20%/yr vs 0.09%/yr for VITAX.

Performance

QQQS vs. VITAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ Future Gen 200 ETF (QQQS) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQS achieves a 23.57% return, which is significantly lower than VITAX's 28.08% return.

QQQS

• 1D: -0.53%
• 1M: -1.53%
• YTD: 23.57%
• 6M: 22.90%
• 1Y: 69.46%
• 3Y*: 16.24%
• 5Y*: —
• 10Y*: —

VITAX

• 1D: 0.31%
• 1M: 4.14%
• YTD: 28.08%
• 6M: 26.17%
• 1Y: 52.48%
• 3Y*: 31.76%
• 5Y*: 20.58%
• 10Y*: 25.96%

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

QQQS vs. VITAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QQQS Invesco NASDAQ Future Gen 200 ETF	23.57%	23.03%	10.20%	-1.94%	11.47%
VITAX Vanguard Information Technology Index Fund Admiral Shares	28.08%	21.78%	29.26%	52.69%	6.32%

Correlation

The correlation between QQQS and VITAX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since Oct 13, 2022	0.67

The correlation between QQQS and VITAX has been stable across timeframes, ranging from 0.65 to 0.70 - a consistent structural relationship.

QQQS vs. VITAX - Sectors Allocation Comparison

Sectors	QQQS	VITAX
Technology	42.3%	98.5%
Healthcare	40.9%	0.0%
Consumer Cyclical	5.3%	0.1%
Industrials	4.7%	0.3%
Communication Services	2.1%	0.6%
Energy	2.0%	0.3%
Consumer Defensive	1.6%	-
Basic Materials	1.0%	0.0%
Financial Services	0.1%	0.5%
Real Estate	-	-
Utilities	-	-

Return for Risk

QQQS vs. VITAX — Risk / Return Rank

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

QQQS

QQQS Risk / Return Rank: 80
QQQS Sharpe Ratio Rank: 83
QQQS Sortino Ratio Rank: 77
QQQS Omega Ratio Rank: 68
QQQS Calmar Ratio Rank: 89
QQQS Martin Ratio Rank: 83

VITAX

VITAX Risk / Return Rank: 66
VITAX Sharpe Ratio Rank: 80
VITAX Sortino Ratio Rank: 60
VITAX Omega Ratio Rank: 62
VITAX Calmar Ratio Rank: 77
VITAX Martin Ratio Rank: 53

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.

QQQS vs. VITAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Future Gen 200 ETF (QQQS) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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.

	QQQS	VITAX	Difference
Sharpe ratio: Return per unit of total volatility	2.53	2.41	+0.12
Sortino ratio: Return per unit of downside risk	3.20	2.98	+0.23
Omega ratio: Gain probability vs. loss probability	1.38	1.40	-0.01
Calmar ratio: Return relative to maximum drawdown	5.12	3.31	+1.81
Martin ratio: Return relative to average drawdown	16.22	10.14	+6.08

QQQS vs. VITAX - Sharpe Ratio Comparison

The current QQQS Sharpe Ratio is 2.53, which is comparable to the VITAX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of QQQS and VITAX, 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

QQQS vs. VITAX - Drawdown Comparison

The maximum QQQS drawdown since its inception was -38.06%, smaller than the maximum VITAX drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for QQQS and VITAX.

Drawdown Indicators

	QQQS	VITAX	Difference
Max Drawdown Largest peak-to-trough decline	-38.06%	-54.81%	+16.75%
Max Drawdown (1Y) Largest decline over 1 year	-13.63%	-16.38%	+2.75%
Max Drawdown (3Y) Largest decline over 3 years	-34.32%	-27.38%	-6.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.10%	—
Current Drawdown Current decline from peak	-5.38%	-4.17%	-1.21%
Average Drawdown Average peak-to-trough decline	-13.15%	-8.01%	-5.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.30%	5.34%	-1.04%

Volatility

QQQS vs. VITAX - Volatility Comparison

The current volatility for Invesco NASDAQ Future Gen 200 ETF (QQQS) is 9.87%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 10.67%. This indicates that QQQS experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQS	VITAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.87%	10.67%	-0.80%
Volatility (6M) Calculated over the trailing 6-month period	19.96%	18.29%	+1.67%
Volatility (1Y) Calculated over the trailing 1-year period	27.61%	22.54%	+5.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.59%	25.71%	+2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.59%	25.02%	+3.57%

QQQS vs. VITAX - Expense Ratio Comparison

QQQS has a 0.20% expense ratio, which is higher than VITAX's 0.09% 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

QQQS vs. VITAX - Dividend Comparison

QQQS's dividend yield for the trailing twelve months is around 2.67%, more than VITAX's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQS Invesco NASDAQ Future Gen 200 ETF	2.67%	3.48%	0.80%	0.68%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.32%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both QQQS and VITAX in my portfolio?

QQQS and VITAX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQS or VITAX?

VITAX has higher volatility (10.67%) compared to QQQS (9.87%). In terms of maximum drawdown, QQQS dropped -38.06% vs VITAX's -54.81%.

Which has better risk-adjusted returns?

QQQS currently has the higher Sharpe Ratio (2.53 vs 2.41), 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.