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VEEV vs. QQQM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VEEV vs. QQQM

Last updated Jun 5, 2026

VEEV (Veeva Systems Inc.) is a stock, while QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, VEEV returned -9.13%/yr vs 17.94%/yr for QQQM. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

VEEV vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Veeva Systems Inc. (VEEV) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, VEEV achieves a -19.99% return, which is significantly lower than QQQM's 20.73% return.

VEEV

1D
-0.07%
1M
4.33%
YTD
-19.99%
6M
-26.28%
1Y
-37.02%
3Y*
-2.63%
5Y*
-9.13%
10Y*
17.68%

QQQM

1D
-0.54%
1M
8.67%
YTD
20.73%
6M
19.22%
1Y
40.83%
3Y*
28.64%
5Y*
17.94%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

VEEV vs. QQQM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
VEEV
Veeva Systems Inc.		-19.99%6.17%9.21%19.30%-36.83%-6.16%-11.76%
QQQM
Invesco NASDAQ 100 ETF		20.73%20.85%25.68%55.01%-32.52%27.45%6.67%

Correlation

The correlation between VEEV and QQQM is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.39

Correlation (5Y)
Calculated over the trailing 5-year period

0.54

Correlation (All Time)
Calculated using the full available price history since Oct 14, 2020

0.55

Over the past year, the correlation between VEEV and QQQM has dropped to 0.25 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Veeva Systems Inc.

Invesco NASDAQ 100 ETF

Often compared with VEEV:
VEEV vs. SPYVEEV vs. ACNVEEV vs. MTDVEEV vs. XLVVEEV vs. VOOVEEV vs. QQQVEEV vs. CRWD
Often compared with QQQM:
QQQM vs. QQQQQQM vs. SCHGQQQM vs. VOOQQQM vs. VGTQQQM vs. SCHDQQQM vs. JEPQQQQM vs. FTEC

Return for Risk

VEEV vs. QQQM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VEEV
VEEV Risk / Return Rank: 88
Overall Rank
VEEV Sharpe Ratio Rank: 44
Sharpe Ratio Rank
VEEV Sortino Ratio Rank: 66
Sortino Ratio Rank
VEEV Omega Ratio Rank: 77
Omega Ratio Rank
VEEV Calmar Ratio Rank: 1414
Calmar Ratio Rank
VEEV Martin Ratio Rank: 1111
Martin Ratio Rank
QQQM
QQQM Risk / Return Rank: 7575
Overall Rank
QQQM Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
QQQM Sortino Ratio Rank: 7676
Sortino Ratio Rank
QQQM Omega Ratio Rank: 7575
Omega Ratio Rank
QQQM Calmar Ratio Rank: 7070
Calmar Ratio Rank
QQQM Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VEEV vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Veeva Systems Inc. (VEEV) 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.

VEEVQQQMDifference
Sharpe ratioReturn per unit of total volatility
-1.04
2.58

-3.62

Sortino ratioReturn per unit of downside risk
-1.51
3.38

-4.89

Omega ratioGain probability vs. loss probability

0.82

1.44

-0.63

Calmar ratioReturn relative to maximum drawdown

-0.73

3.43

-4.16

Martin ratioReturn relative to average drawdown

-1.33

13.15

-14.48

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VEEV vs. QQQM - Sharpe Ratio Comparison

The current VEEV Sharpe Ratio is -1.04, which is lower than the QQQM Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of VEEV and QQQM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

VEEVQQQMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.04

2.58

-3.62

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.24

0.81

-1.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.84

-0.51

Drawdowns

VEEV vs. QQQM - Drawdown Comparison

The maximum VEEV drawdown since its inception was -61.35%, which is greater than QQQM's maximum drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for VEEV and QQQM.

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Drawdown Indicators

VEEVQQQMDifference

Max Drawdown

Largest peak-to-trough decline

-61.35%

-35.04%

-26.31%

Max Drawdown (1Y)

Largest decline over 1 year

-50.55%

-11.96%

-38.59%

Max Drawdown (3Y)

Largest decline over 3 years

-50.55%

-22.70%

-27.85%

Max Drawdown (5Y)

Largest decline over 5 years

-55.69%

-35.04%

-20.65%

Max Drawdown (10Y)

Largest decline over 10 years

-55.69%

—

—

Current Drawdown

Current decline from peak

-47.62%

-0.75%

-46.87%

Average Drawdown

Average peak-to-trough decline

-26.04%

-8.24%

-17.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

27.88%

3.11%

+24.77%

Volatility

VEEV vs. QQQM - Volatility Comparison

Veeva Systems Inc. (VEEV) has a higher volatility of 14.06% compared to Invesco NASDAQ 100 ETF (QQQM) at 4.51%. This indicates that VEEV's price experiences larger fluctuations and is considered to be riskier 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

VEEVQQQMDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.06%

4.51%

+9.55%

Volatility (6M)

Calculated over the trailing 6-month period

29.02%

12.06%

+16.96%

Volatility (1Y)

Calculated over the trailing 1-year period

35.66%

15.91%

+19.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.93%

22.23%

+15.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

38.20%

22.11%

+16.09%

Dividends

VEEV vs. QQQM - Dividend Comparison

VEEV has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.42%.

PositionTTM202520242023202220212020
QQQM
Invesco NASDAQ 100 ETF		0.42%0.50%0.61%0.65%0.83%0.40%0.16%
VEEV
Veeva Systems Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

VEEV and QQQM have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VEEV has higher volatility (14.06%) compared to QQQM (4.51%). In terms of maximum drawdown, VEEV dropped -61.35% vs QQQM's -35.04%.

QQQM currently has the higher Sharpe Ratio (2.58 vs -1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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