URNQX vs. QQQ
Compare and contrast key facts about Victory Nasdaq 100 Index Fund R6 Shares (URNQX) and Invesco QQQ (QQQ).
URNQX is a passively managed fund by USAA that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 2, 2017. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both URNQX and QQQ 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: URNQX or QQQ.
Key characteristics
| URNQX | QQQ | |
|---|---|---|
| YTD Return | 26.02% | 26.02% |
| 1Y Return | 33.94% | 36.73% |
| 3Y Return (Ann) | 6.30% | 9.97% |
| 5Y Return (Ann) | 18.64% | 21.44% |
| Sharpe Ratio | 2.09 | 2.28 |
| Sortino Ratio | 2.77 | 2.98 |
| Omega Ratio | 1.38 | 1.41 |
| Calmar Ratio | 2.72 | 2.94 |
| Martin Ratio | 9.90 | 10.71 |
| Ulcer Index | 3.73% | 3.72% |
| Daily Std Dev | 17.55% | 17.35% |
| Max Drawdown | -40.06% | -82.98% |
| Current Drawdown | -0.06% | -0.06% |
Correlation
The correlation between URNQX and QQQ is 0.99, 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
URNQX vs. QQQ - Performance Comparison
As of year-to-date, both investments have demonstrated similar returns, with URNQX at 26.02% and QQQ at 26.02%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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URNQX vs. QQQ - Expense Ratio Comparison
URNQX has a 0.30% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
URNQX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Victory Nasdaq 100 Index Fund R6 Shares (URNQX) and Invesco QQQ (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.
Dividends
URNQX vs. QQQ - Dividend Comparison
URNQX's dividend yield for the trailing twelve months is around 0.55%, less than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URNQX Victory Nasdaq 100 Index Fund R6 Shares | 0.55% | 0.70% | 0.46% | 0.34% | 0.49% | 0.98% | 0.77% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
URNQX vs. QQQ - Drawdown Comparison
The maximum URNQX drawdown since its inception was -40.06%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for URNQX and QQQ. For additional features, visit the drawdowns tool.
Volatility
URNQX vs. QQQ - Volatility Comparison
Victory Nasdaq 100 Index Fund R6 Shares (URNQX) and Invesco QQQ (QQQ) have volatilities of 5.12% and 5.18%, 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.