SCYVX vs. QQQ

Last updated Jun 23, 2026

SCYVX (AB Small Cap Value Portfolio) and QQQ (Invesco QQQ ETF) are both funds - SCYVX is a Small Cap Value Equities fund managed by AllianceBernstein, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, SCYVX returned 9.21%/yr vs 22.48%/yr for QQQ. A 0.60 correlation means they provide meaningful diversification when combined. SCYVX charges 0.92%/yr vs 0.18%/yr for QQQ.

Performance

SCYVX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Small Cap Value Portfolio (SCYVX) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCYVX achieves a 23.83% return, which is significantly higher than QQQ's 20.41% return. Over the past 10 years, SCYVX has underperformed QQQ with an annualized return of 9.21%, while QQQ has yielded a comparatively higher 22.48% annualized return.

SCYVX

• 1D: 1.39%
• 1M: 4.79%
• YTD: 23.83%
• 6M: 21.60%
• 1Y: 32.78%
• 3Y*: 14.11%
• 5Y*: 5.95%
• 10Y*: 9.21%

QQQ

• 1D: -0.25%
• 1M: 2.96%
• YTD: 20.41%
• 6M: 19.46%
• 1Y: 40.91%
• 3Y*: 27.47%
• 5Y*: 16.94%
• 10Y*: 22.48%

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

SCYVX vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCYVX AB Small Cap Value Portfolio	23.83%	-0.02%	11.46%	7.82%	-16.68%	35.56%	3.45%	25.72%	-16.43%	8.97%
QQQ Invesco QQQ ETF	20.41%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between SCYVX and QQQ is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.60

The correlation between SCYVX and QQQ shifts across timeframes, from 0.51 (1 year) to 0.62 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SCYVX vs. QQQ — Risk / Return Rank

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

SCYVX

SCYVX Risk / Return Rank: 58
SCYVX Sharpe Ratio Rank: 50
SCYVX Sortino Ratio Rank: 51
SCYVX Omega Ratio Rank: 44
SCYVX Calmar Ratio Rank: 84
SCYVX Martin Ratio Rank: 59

QQQ

QQQ Risk / Return Rank: 72
QQQ Sharpe Ratio Rank: 76
QQQ Sortino Ratio Rank: 70
QQQ Omega Ratio Rank: 72
QQQ Calmar Ratio Rank: 70
QQQ Martin Ratio Rank: 71

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.

SCYVX vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Small Cap Value Portfolio (SCYVX) and Invesco QQQ ETF (QQQ). 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.

	SCYVX	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	1.91	2.33	-0.42
Sortino ratio: Return per unit of downside risk	2.77	3.03	-0.26
Omega ratio: Gain probability vs. loss probability	1.33	1.41	-0.07
Calmar ratio: Return relative to maximum drawdown	3.78	3.44	+0.34
Martin ratio: Return relative to average drawdown	11.13	12.79	-1.66

SCYVX vs. QQQ - Sharpe Ratio Comparison

The current SCYVX Sharpe Ratio is 1.91, which is comparable to the QQQ Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of SCYVX and QQQ, 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

SCYVX vs. QQQ - Drawdown Comparison

The maximum SCYVX drawdown since its inception was -47.74%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for SCYVX and QQQ.

Drawdown Indicators

	SCYVX	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-47.74%	-82.97%	+35.23%
Max Drawdown (1Y) Largest decline over 1 year	-8.71%	-11.96%	+3.25%
Max Drawdown (3Y) Largest decline over 3 years	-27.12%	-22.77%	-4.35%
Max Drawdown (5Y) Largest decline over 5 years	-29.12%	-35.12%	+6.00%
Max Drawdown (10Y) Largest decline over 10 years	-47.74%	-35.12%	-12.62%
Current Drawdown Current decline from peak	-0.79%	-0.99%	+0.20%
Average Drawdown Average peak-to-trough decline	-9.42%	-32.73%	+23.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	3.21%	-0.26%

Volatility

SCYVX vs. QQQ - Volatility Comparison

The current volatility for AB Small Cap Value Portfolio (SCYVX) is 4.20%, while Invesco QQQ ETF (QQQ) has a volatility of 8.47%. This indicates that SCYVX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCYVX	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	8.47%	-4.27%
Volatility (6M) Calculated over the trailing 6-month period	11.52%	14.20%	-2.68%
Volatility (1Y) Calculated over the trailing 1-year period	17.26%	17.67%	-0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.75%	22.64%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.99%	22.43%	+1.56%

SCYVX vs. QQQ - Expense Ratio Comparison

SCYVX has a 0.92% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

SCYVX vs. QQQ - Dividend Comparison

SCYVX's dividend yield for the trailing twelve months is around 3.93%, more than QQQ's 0.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQ Invesco QQQ ETF	0.49%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%
SCYVX AB Small Cap Value Portfolio	3.93%	4.87%	4.23%	0.52%	5.15%	7.39%	0.55%	5.37%	6.44%	5.67%	0.54%	0.52%

Frequently Asked Questions

Can I hold both SCYVX and QQQ in my portfolio?

SCYVX and QQQ have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCYVX or QQQ?

QQQ has higher volatility (8.47%) compared to SCYVX (4.20%). In terms of maximum drawdown, SCYVX dropped -47.74% vs QQQ's -82.97%.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.33 vs 1.91), 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.