VCNIX vs. QQQ
Compare and contrast key facts about VALIC Company I Nasdaq-100 Index Fund (VCNIX) and Invesco QQQ (QQQ).
VCNIX is managed by VALIC. It was launched on Oct 2, 2000. 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: VCNIX or QQQ.
Correlation
The correlation between VCNIX 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
VCNIX vs. QQQ - Performance Comparison
Key characteristics
VCNIX:
1.01
QQQ:
1.30
VCNIX:
1.43
QQQ:
1.78
VCNIX:
1.19
QQQ:
1.24
VCNIX:
0.88
QQQ:
1.76
VCNIX:
4.10
QQQ:
6.08
VCNIX:
4.60%
QQQ:
3.92%
VCNIX:
18.68%
QQQ:
18.35%
VCNIX:
-54.41%
QQQ:
-82.98%
VCNIX:
-2.50%
QQQ:
-2.49%
Returns By Period
The year-to-date returns for both investments are quite close, with VCNIX having a 2.89% return and QQQ slightly higher at 2.90%. Over the past 10 years, VCNIX has underperformed QQQ with an annualized return of 11.46%, while QQQ has yielded a comparatively higher 18.06% annualized return.
VCNIX
2.89%
-1.06%
9.75%
15.82%
9.48%
11.46%
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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VCNIX vs. QQQ - Expense Ratio Comparison
VCNIX has a 0.45% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
VCNIX vs. QQQ — Risk-Adjusted Performance Rank
VCNIX
QQQ
VCNIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VALIC Company I Nasdaq-100 Index Fund (VCNIX) 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
VCNIX vs. QQQ - Dividend Comparison
VCNIX's dividend yield for the trailing twelve months is around 0.30%, less than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCNIX VALIC Company I Nasdaq-100 Index Fund | 0.30% | 0.30% | 0.26% | 0.32% | 0.28% | 0.58% | 0.35% | 0.55% | 0.63% | 0.65% | 0.88% | 0.69% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
VCNIX vs. QQQ - Drawdown Comparison
The maximum VCNIX drawdown since its inception was -54.41%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for VCNIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
VCNIX vs. QQQ - Volatility Comparison
VALIC Company I Nasdaq-100 Index Fund (VCNIX) and Invesco QQQ (QQQ) have volatilities of 5.13% and 5.02%, 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.