QQXT vs. VOO
Compare and contrast key facts about First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and Vanguard S&P 500 ETF (VOO).
QQXT and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQXT is a passively managed fund by First Trust that tracks the performance of the NASDAQ-100 Ex-Tech Sector Index. It was launched on Feb 8, 2007. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both QQXT and VOO 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: QQXT or VOO.
Correlation
The correlation between QQXT and VOO is 0.86, 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
QQXT vs. VOO - Performance Comparison
Key characteristics
QQXT:
0.67
VOO:
2.10
QQXT:
0.98
VOO:
2.80
QQXT:
1.12
VOO:
1.39
QQXT:
1.21
VOO:
3.12
QQXT:
3.31
VOO:
13.83
QQXT:
2.25%
VOO:
1.90%
QQXT:
11.05%
VOO:
12.54%
QQXT:
-57.43%
VOO:
-33.99%
QQXT:
-4.51%
VOO:
-1.98%
Returns By Period
In the year-to-date period, QQXT achieves a 7.94% return, which is significantly lower than VOO's 26.64% return. Over the past 10 years, QQXT has underperformed VOO with an annualized return of 9.56%, while VOO has yielded a comparatively higher 13.07% annualized return.
QQXT
7.94%
-4.00%
7.40%
7.58%
10.83%
9.56%
VOO
26.64%
-0.83%
9.44%
26.33%
14.77%
13.07%
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QQXT vs. VOO - Expense Ratio Comparison
QQXT has a 0.60% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
QQXT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and Vanguard S&P 500 ETF (VOO). 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
QQXT vs. VOO - Dividend Comparison
QQXT's dividend yield for the trailing twelve months is around 0.97%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund | 0.97% | 1.10% | 0.92% | 0.35% | 0.28% | 0.35% | 0.38% | 0.32% | 0.31% | 0.40% | 0.84% | 0.27% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
QQXT vs. VOO - Drawdown Comparison
The maximum QQXT drawdown since its inception was -57.43%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for QQXT and VOO. For additional features, visit the drawdowns tool.
Volatility
QQXT vs. VOO - Volatility Comparison
First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.91% and 4.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.