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QQQ vs. URNQX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


QQQURNQX
YTD Return25.63%25.59%
1Y Return33.85%31.09%
3Y Return (Ann)9.83%6.17%
5Y Return (Ann)21.21%18.40%
Sharpe Ratio2.121.93
Sortino Ratio2.792.58
Omega Ratio1.381.35
Calmar Ratio2.712.50
Martin Ratio9.889.07
Ulcer Index3.72%3.73%
Daily Std Dev17.31%17.52%
Max Drawdown-82.98%-40.06%
Current Drawdown-0.37%-0.40%

Correlation

-0.50.00.51.01.0

The correlation between QQQ and URNQX 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

QQQ vs. URNQX - Performance Comparison

The year-to-date returns for both stocks are quite close, with QQQ having a 25.63% return and URNQX slightly lower at 25.59%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
13.44%
13.38%
QQQ
URNQX

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QQQ vs. URNQX - Expense Ratio Comparison

QQQ has a 0.20% expense ratio, which is lower than URNQX's 0.30% expense ratio.


URNQX
Victory Nasdaq 100 Index Fund R6 Shares
Expense ratio chart for URNQX: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

QQQ vs. URNQX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ (QQQ) and Victory Nasdaq 100 Index Fund R6 Shares (URNQX). 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.


QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.12, compared to the broader market-2.000.002.004.006.002.12
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 2.79, compared to the broader market-2.000.002.004.006.008.0010.0012.002.79
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.38, compared to the broader market1.001.502.002.503.001.38
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 2.71, compared to the broader market0.005.0010.0015.002.71
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 9.88, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.88
URNQX
Sharpe ratio
The chart of Sharpe ratio for URNQX, currently valued at 1.93, compared to the broader market-2.000.002.004.006.001.93
Sortino ratio
The chart of Sortino ratio for URNQX, currently valued at 2.58, compared to the broader market-2.000.002.004.006.008.0010.0012.002.58
Omega ratio
The chart of Omega ratio for URNQX, currently valued at 1.35, compared to the broader market1.001.502.002.503.001.35
Calmar ratio
The chart of Calmar ratio for URNQX, currently valued at 2.50, compared to the broader market0.005.0010.0015.002.50
Martin ratio
The chart of Martin ratio for URNQX, currently valued at 9.07, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.07

QQQ vs. URNQX - Sharpe Ratio Comparison

The current QQQ Sharpe Ratio is 2.12, which is comparable to the URNQX Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of QQQ and URNQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.12
1.93
QQQ
URNQX

Dividends

QQQ vs. URNQX - Dividend Comparison

QQQ's dividend yield for the trailing twelve months is around 0.59%, more than URNQX's 0.56% yield.


TTM20232022202120202019201820172016201520142013
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%
URNQX
Victory Nasdaq 100 Index Fund R6 Shares
0.56%0.70%0.46%0.34%0.49%0.98%0.77%0.56%0.00%0.00%0.00%0.00%

Drawdowns

QQQ vs. URNQX - Drawdown Comparison

The maximum QQQ drawdown since its inception was -82.98%, which is greater than URNQX's maximum drawdown of -40.06%. Use the drawdown chart below to compare losses from any high point for QQQ and URNQX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.37%
-0.40%
QQQ
URNQX

Volatility

QQQ vs. URNQX - Volatility Comparison

Invesco QQQ (QQQ) and Victory Nasdaq 100 Index Fund R6 Shares (URNQX) have volatilities of 4.91% and 4.85%, 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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
4.91%
4.85%
QQQ
URNQX