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

Key characteristics


VGHAXQQQ
YTD Return2.89%25.79%
1Y Return9.04%36.91%
3Y Return (Ann)-2.70%9.89%
5Y Return (Ann)1.76%21.42%
10Y Return (Ann)0.57%18.39%
Sharpe Ratio0.852.11
Sortino Ratio1.222.78
Omega Ratio1.151.38
Calmar Ratio0.542.69
Martin Ratio2.709.81
Ulcer Index3.64%3.72%
Daily Std Dev11.60%17.32%
Max Drawdown-45.79%-82.98%
Current Drawdown-10.65%-0.24%

Correlation

-0.50.00.51.00.7

The correlation between VGHAX and QQQ is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

VGHAX vs. QQQ - Performance Comparison

In the year-to-date period, VGHAX achieves a 2.89% return, which is significantly lower than QQQ's 25.79% return. Over the past 10 years, VGHAX has underperformed QQQ with an annualized return of 0.57%, while QQQ has yielded a comparatively higher 18.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
0.54%
15.37%
VGHAX
QQQ

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VGHAX vs. QQQ - Expense Ratio Comparison

VGHAX 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%.


VGHAX
Vanguard Health Care Fund Admiral Shares
Expense ratio chart for VGHAX: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

VGHAX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care Fund Admiral Shares (VGHAX) 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.


VGHAX
Sharpe ratio
The chart of Sharpe ratio for VGHAX, currently valued at 0.85, compared to the broader market0.002.004.000.85
Sortino ratio
The chart of Sortino ratio for VGHAX, currently valued at 1.22, compared to the broader market0.005.0010.001.22
Omega ratio
The chart of Omega ratio for VGHAX, currently valued at 1.15, compared to the broader market1.002.003.004.001.15
Calmar ratio
The chart of Calmar ratio for VGHAX, currently valued at 0.54, compared to the broader market0.005.0010.0015.0020.0025.000.54
Martin ratio
The chart of Martin ratio for VGHAX, currently valued at 2.70, compared to the broader market0.0020.0040.0060.0080.00100.002.70
QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.11, compared to the broader market0.002.004.002.11
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 2.78, compared to the broader market0.005.0010.002.78
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 2.69, compared to the broader market0.005.0010.0015.0020.0025.002.69
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 9.81, compared to the broader market0.0020.0040.0060.0080.00100.009.81

VGHAX vs. QQQ - Sharpe Ratio Comparison

The current VGHAX Sharpe Ratio is 0.85, which is lower than the QQQ Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of VGHAX 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 Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.85
2.11
VGHAX
QQQ

Dividends

VGHAX vs. QQQ - Dividend Comparison

VGHAX's dividend yield for the trailing twelve months is around 0.88%, more than QQQ's 0.59% yield.


TTM20232022202120202019201820172016201520142013
VGHAX
Vanguard Health Care Fund Admiral Shares
0.88%0.89%0.83%0.91%0.93%1.22%1.28%1.06%1.06%1.24%1.05%1.32%
QQQ
Invesco QQQ
0.59%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

VGHAX vs. QQQ - Drawdown Comparison

The maximum VGHAX drawdown since its inception was -45.79%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for VGHAX and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-10.65%
-0.24%
VGHAX
QQQ

Volatility

VGHAX vs. QQQ - Volatility Comparison

The current volatility for Vanguard Health Care Fund Admiral Shares (VGHAX) is 3.10%, while Invesco QQQ (QQQ) has a volatility of 5.14%. This indicates that VGHAX 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.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.10%
5.14%
VGHAX
QQQ