USAAX vs. QQQ
Compare and contrast key facts about USAA Growth Fund (USAAX) and Invesco QQQ (QQQ).
USAAX is managed by Victory Capital. It was launched on Apr 5, 1971. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USAAX or QQQ.
Correlation
The correlation between USAAX and QQQ is 0.90, 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
USAAX vs. QQQ - Performance Comparison
Key characteristics
USAAX:
0.75
QQQ:
1.40
USAAX:
1.05
QQQ:
1.90
USAAX:
1.16
QQQ:
1.25
USAAX:
0.76
QQQ:
1.88
USAAX:
2.66
QQQ:
6.51
USAAX:
5.61%
QQQ:
3.92%
USAAX:
19.90%
QQQ:
18.23%
USAAX:
-67.51%
QQQ:
-82.98%
USAAX:
-10.03%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, USAAX achieves a 3.37% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, USAAX has underperformed QQQ with an annualized return of 4.86%, while QQQ has yielded a comparatively higher 18.32% annualized return.
USAAX
3.37%
1.01%
4.02%
17.01%
7.42%
4.86%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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USAAX vs. QQQ - Expense Ratio Comparison
USAAX has a 0.84% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
USAAX vs. QQQ — Risk-Adjusted Performance Rank
USAAX
QQQ
USAAX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Growth Fund (USAAX) 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
USAAX vs. QQQ - Dividend Comparison
USAAX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USAAX USAA Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.30% | 0.36% | 0.17% | 0.22% | 0.45% | 1.17% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
USAAX vs. QQQ - Drawdown Comparison
The maximum USAAX drawdown since its inception was -67.51%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for USAAX and QQQ. For additional features, visit the drawdowns tool.
Volatility
USAAX vs. QQQ - Volatility Comparison
USAA Growth Fund (USAAX) has a higher volatility of 5.19% compared to Invesco QQQ (QQQ) at 4.70%. This indicates that USAAX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.