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VGCAX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VGCAX and QQQ is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.1

Performance

VGCAX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%December2025FebruaryMarchAprilMay
17.15%
204.08%
VGCAX
QQQ

Key characteristics

Sharpe Ratio

VGCAX:

1.81

QQQ:

0.63

Sortino Ratio

VGCAX:

2.71

QQQ:

1.03

Omega Ratio

VGCAX:

1.32

QQQ:

1.14

Calmar Ratio

VGCAX:

0.72

QQQ:

0.70

Martin Ratio

VGCAX:

7.50

QQQ:

2.32

Ulcer Index

VGCAX:

1.01%

QQQ:

6.82%

Daily Std Dev

VGCAX:

4.17%

QQQ:

25.22%

Max Drawdown

VGCAX:

-20.74%

QQQ:

-82.98%

Current Drawdown

VGCAX:

-3.99%

QQQ:

-9.26%

Returns By Period

In the year-to-date period, VGCAX achieves a 1.66% return, which is significantly higher than QQQ's -4.24% return.


VGCAX

YTD

1.66%

1M

-0.31%

6M

2.13%

1Y

6.92%

5Y*

0.87%

10Y*

N/A

QQQ

YTD

-4.24%

1M

2.66%

6M

0.60%

1Y

15.21%

5Y*

18.90%

10Y*

17.31%

*Annualized

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VGCAX vs. QQQ - Expense Ratio Comparison

VGCAX has a 0.25% expense ratio, which is higher than QQQ's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for VGCAX: current value is 0.25%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VGCAX: 0.25%
Expense ratio chart for QQQ: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQ: 0.20%

Risk-Adjusted Performance

VGCAX vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VGCAX
The Risk-Adjusted Performance Rank of VGCAX is 8787
Overall Rank
The Sharpe Ratio Rank of VGCAX is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of VGCAX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of VGCAX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of VGCAX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of VGCAX is 9191
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 6767
Overall Rank
The Sharpe Ratio Rank of QQQ is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 6666
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 6767
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 7373
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VGCAX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) 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.


The chart of Sharpe ratio for VGCAX, currently valued at 1.81, compared to the broader market-2.00-1.000.001.002.003.00
VGCAX: 1.81
QQQ: 0.63
The chart of Sortino ratio for VGCAX, currently valued at 2.71, compared to the broader market-2.000.002.004.006.008.00
VGCAX: 2.71
QQQ: 1.03
The chart of Omega ratio for VGCAX, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.00
VGCAX: 1.32
QQQ: 1.14
The chart of Calmar ratio for VGCAX, currently valued at 0.72, compared to the broader market0.002.004.006.008.0010.00
VGCAX: 0.72
QQQ: 0.70
The chart of Martin ratio for VGCAX, currently valued at 7.50, compared to the broader market0.0010.0020.0030.0040.00
VGCAX: 7.50
QQQ: 2.32

The current VGCAX Sharpe Ratio is 1.81, which is higher than the QQQ Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of VGCAX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50December2025FebruaryMarchAprilMay
1.81
0.63
VGCAX
QQQ

Dividends

VGCAX vs. QQQ - Dividend Comparison

VGCAX's dividend yield for the trailing twelve months is around 4.87%, more than QQQ's 0.61% yield.


TTM20242023202220212020201920182017201620152014
VGCAX
Vanguard Global Credit Bond Fund Admiral Shares
4.87%4.65%4.49%2.72%1.62%2.35%3.66%0.36%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.61%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

VGCAX vs. QQQ - Drawdown Comparison

The maximum VGCAX drawdown since its inception was -20.74%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for VGCAX and QQQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-3.99%
-9.26%
VGCAX
QQQ

Volatility

VGCAX vs. QQQ - Volatility Comparison

The current volatility for Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) is 1.73%, while Invesco QQQ (QQQ) has a volatility of 16.72%. This indicates that VGCAX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%December2025FebruaryMarchAprilMay
1.73%
16.72%
VGCAX
QQQ