VCNIX vs. QQQM
Compare and contrast key facts about VALIC Company I Nasdaq-100 Index Fund (VCNIX) and Invesco NASDAQ 100 ETF (QQQM).
VCNIX is managed by VALIC. It was launched on Oct 2, 2000. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Performance
VCNIX vs. QQQM - Performance Comparison
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VCNIX vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VCNIX VALIC Company I Nasdaq-100 Index Fund | -9.05% | -2.43% | 25.36% | 54.21% | -32.55% | 26.89% | 6.66% |
QQQM Invesco NASDAQ 100 ETF | -5.92% | 20.85% | 25.68% | 55.01% | -32.52% | 27.45% | 6.67% |
Returns By Period
In the year-to-date period, VCNIX achieves a -9.05% return, which is significantly lower than QQQM's -5.92% return.
VCNIX
- 1D
- -0.75%
- 1M
- -8.04%
- YTD
- -9.05%
- 6M
- -6.90%
- 1Y
- 19.29%
- 3Y*
- 12.52%
- 5Y*
- 7.63%
- 10Y*
- 15.17%
QQQM
- 1D
- 3.37%
- 1M
- -4.84%
- YTD
- -5.92%
- 6M
- -3.59%
- 1Y
- 23.76%
- 3Y*
- 22.41%
- 5Y*
- 12.96%
- 10Y*
- —
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VCNIX vs. QQQM - Expense Ratio Comparison
VCNIX has a 0.45% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Return for Risk
VCNIX vs. QQQM — Risk / Return Rank
VCNIX
QQQM
VCNIX vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VALIC Company I Nasdaq-100 Index Fund (VCNIX) and Invesco NASDAQ 100 ETF (QQQM). 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.
| VCNIX | QQQM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 1.06 | -0.19 |
Sortino ratioReturn per unit of downside risk | 1.41 | 1.65 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.24 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.13 | 1.89 | -0.76 |
Martin ratioReturn relative to average drawdown | 4.42 | 6.96 | -2.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VCNIX | QQQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 1.06 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.59 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.63 | -0.40 |
Correlation
The correlation between VCNIX and QQQM 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.
Dividends
VCNIX vs. QQQM - Dividend Comparison
VCNIX's dividend yield for the trailing twelve months is around 11.14%, more than QQQM's 0.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VCNIX VALIC Company I Nasdaq-100 Index Fund | 11.14% | 0.00% | 3.76% | 10.90% | 13.50% | 7.28% | 2.40% | 1.57% | 0.55% | 4.57% |
QQQM Invesco NASDAQ 100 ETF | 0.53% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% |
Drawdowns
VCNIX vs. QQQM - Drawdown Comparison
The maximum VCNIX drawdown since its inception was -76.68%, which is greater than QQQM's maximum drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for VCNIX and QQQM.
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Drawdown Indicators
| VCNIX | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.68% | -35.04% | -41.64% |
Max Drawdown (1Y)Largest decline over 1 year | -12.76% | -12.55% | -0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -37.53% | -35.04% | -2.49% |
Max Drawdown (10Y)Largest decline over 10 years | -37.53% | — | — |
Current DrawdownCurrent decline from peak | -15.91% | -8.99% | -6.92% |
Average DrawdownAverage peak-to-trough decline | -28.91% | -8.47% | -20.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.50% | 3.41% | +0.09% |
Volatility
VCNIX vs. QQQM - Volatility Comparison
The current volatility for VALIC Company I Nasdaq-100 Index Fund (VCNIX) is 5.39%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 6.48%. This indicates that VCNIX experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VCNIX | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 6.48% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 11.80% | 12.73% | -0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.28% | 22.42% | -0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.85% | 22.25% | +2.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.67% | 22.27% | +1.40% |