QQQT.TO vs. VUG
Compare and contrast key facts about Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.TO) and Vanguard Growth ETF (VUG).
QQQT.TO and VUG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQT.TO is a passively managed fund by Evolve that tracks the performance of the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted Index. It was launched on Jul 11, 2023. VUG is a passively managed fund by Vanguard that tracks the performance of the CRSP U.S. Large Cap Growth Index. It was launched on Jan 26, 2004. Both QQQT.TO and VUG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQT.TO or VUG.
Correlation
The correlation between QQQT.TO and VUG is 0.77, 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.
Performance
QQQT.TO vs. VUG - Performance Comparison
Key characteristics
QQQT.TO:
1.16
VUG:
1.51
QQQT.TO:
1.65
VUG:
2.04
QQQT.TO:
1.22
VUG:
1.28
QQQT.TO:
1.70
VUG:
2.06
QQQT.TO:
4.96
VUG:
7.83
QQQT.TO:
5.67%
VUG:
3.42%
QQQT.TO:
24.26%
VUG:
17.78%
QQQT.TO:
-16.53%
VUG:
-50.68%
QQQT.TO:
-6.07%
VUG:
-2.71%
Returns By Period
In the year-to-date period, QQQT.TO achieves a 2.23% return, which is significantly higher than VUG's 1.36% return.
QQQT.TO
2.23%
-2.01%
7.59%
21.85%
N/A
N/A
VUG
1.36%
-2.00%
10.39%
23.18%
16.91%
15.40%
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QQQT.TO vs. VUG - Expense Ratio Comparison
QQQT.TO has a 0.25% expense ratio, which is higher than VUG's 0.04% 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%.
Risk-Adjusted Performance
QQQT.TO vs. VUG — Risk-Adjusted Performance Rank
QQQT.TO
VUG
QQQT.TO vs. VUG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.TO) and Vanguard Growth ETF (VUG). 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.
Dividends
QQQT.TO vs. VUG - Dividend Comparison
QQQT.TO's dividend yield for the trailing twelve months is around 5.50%, more than VUG's 0.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQT.TO Evolve NASDAQ Technology Index Fund CAD Hedged | 5.50% | 5.62% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VUG Vanguard Growth ETF | 0.46% | 0.47% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.14% | 1.39% | 1.30% | 1.21% |
Drawdowns
QQQT.TO vs. VUG - Drawdown Comparison
The maximum QQQT.TO drawdown since its inception was -16.53%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for QQQT.TO and VUG. For additional features, visit the drawdowns tool.
Volatility
QQQT.TO vs. VUG - Volatility Comparison
Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.TO) has a higher volatility of 7.93% compared to Vanguard Growth ETF (VUG) at 5.09%. This indicates that QQQT.TO's price experiences larger fluctuations and is considered to be riskier than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.