VGHAX vs. QQQ
Compare and contrast key facts about Vanguard Health Care Fund Admiral Shares (VGHAX) and Invesco QQQ (QQQ).
VGHAX is managed by Vanguard. It was launched on Nov 12, 2001. 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: VGHAX or QQQ.
Performance
VGHAX vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, VGHAX achieves a -0.98% return, which is significantly lower than QQQ's 23.84% return. Over the past 10 years, VGHAX has underperformed QQQ with an annualized return of -0.04%, while QQQ has yielded a comparatively higher 18.03% annualized return.
VGHAX
-0.98%
-7.32%
-3.91%
2.05%
0.26%
-0.04%
QQQ
23.84%
1.82%
11.65%
30.35%
20.97%
18.03%
Key characteristics
| VGHAX | QQQ | |
|---|---|---|
| Sharpe Ratio | 0.21 | 1.78 |
| Sortino Ratio | 0.37 | 2.37 |
| Omega Ratio | 1.05 | 1.32 |
| Calmar Ratio | 0.16 | 2.28 |
| Martin Ratio | 0.60 | 8.27 |
| Ulcer Index | 4.25% | 3.73% |
| Daily Std Dev | 12.01% | 17.37% |
| Max Drawdown | -45.79% | -82.98% |
| Current Drawdown | -14.01% | -1.78% |
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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%.
Correlation
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.
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.
Dividends
VGHAX vs. QQQ - Dividend Comparison
VGHAX's dividend yield for the trailing twelve months is around 0.92%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGHAX Vanguard Health Care Fund Admiral Shares | 0.92% | 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 | 0.60% | 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.
Volatility
VGHAX vs. QQQ - Volatility Comparison
The current volatility for Vanguard Health Care Fund Admiral Shares (VGHAX) is 4.22%, while Invesco QQQ (QQQ) has a volatility of 5.41%. 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.