USSCX vs. QQQ
Compare and contrast key facts about USAA Science & Technology Fund (USSCX) and Invesco QQQ (QQQ).
USSCX is managed by Victory Capital. It was launched on Jul 31, 1997. 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: USSCX or QQQ.
Correlation
The correlation between USSCX and QQQ is 0.92, 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
USSCX vs. QQQ - Performance Comparison
Key characteristics
USSCX:
1.69
QQQ:
1.71
USSCX:
2.26
QQQ:
2.27
USSCX:
1.29
QQQ:
1.31
USSCX:
0.81
QQQ:
2.26
USSCX:
10.20
QQQ:
8.12
USSCX:
3.53%
QQQ:
3.77%
USSCX:
21.35%
QQQ:
17.88%
USSCX:
-79.48%
QQQ:
-82.98%
USSCX:
-22.43%
QQQ:
-1.37%
Returns By Period
In the year-to-date period, USSCX achieves a 34.19% return, which is significantly higher than QQQ's 30.18% return. Over the past 10 years, USSCX has underperformed QQQ with an annualized return of 4.15%, while QQQ has yielded a comparatively higher 18.54% annualized return.
USSCX
34.19%
1.96%
18.00%
35.12%
5.73%
4.15%
QQQ
30.18%
4.95%
10.88%
30.61%
20.73%
18.54%
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USSCX vs. QQQ - Expense Ratio Comparison
USSCX has a 0.95% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
USSCX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Science & Technology Fund (USSCX) 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
USSCX vs. QQQ - Dividend Comparison
USSCX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.58%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
USAA Science & Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.49% | 2.08% |
Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
USSCX vs. QQQ - Drawdown Comparison
The maximum USSCX drawdown since its inception was -79.48%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for USSCX and QQQ. For additional features, visit the drawdowns tool.
Volatility
USSCX vs. QQQ - Volatility Comparison
USAA Science & Technology Fund (USSCX) has a higher volatility of 6.72% compared to Invesco QQQ (QQQ) at 5.48%. This indicates that USSCX'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.