VGRO.TO vs. QQQ
Compare and contrast key facts about Vanguard Growth ETF Portfolio (VGRO.TO) and Invesco QQQ (QQQ).
VGRO.TO and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VGRO.TO is an actively managed fund by Vanguard. It was launched on Jan 25, 2018. 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: VGRO.TO or QQQ.
Key characteristics
| VGRO.TO | QQQ | |
|---|---|---|
| YTD Return | 19.41% | 25.79% |
| 1Y Return | 26.16% | 36.91% |
| 3Y Return (Ann) | 6.75% | 9.89% |
| 5Y Return (Ann) | 9.58% | 21.42% |
| Sharpe Ratio | 3.43 | 2.11 |
| Sortino Ratio | 4.93 | 2.78 |
| Omega Ratio | 1.66 | 1.38 |
| Calmar Ratio | 5.21 | 2.69 |
| Martin Ratio | 26.95 | 9.81 |
| Ulcer Index | 0.97% | 3.72% |
| Daily Std Dev | 7.67% | 17.32% |
| Max Drawdown | -25.36% | -82.98% |
| Current Drawdown | -0.35% | -0.24% |
Correlation
The correlation between VGRO.TO and QQQ is 0.77, 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.
Performance
VGRO.TO vs. QQQ - Performance Comparison
In the year-to-date period, VGRO.TO achieves a 19.41% return, which is significantly lower than QQQ's 25.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VGRO.TO vs. QQQ - Expense Ratio Comparison
VGRO.TO has a 0.24% 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%.
Risk-Adjusted Performance
VGRO.TO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth ETF Portfolio (VGRO.TO) 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
VGRO.TO vs. QQQ - Dividend Comparison
VGRO.TO's dividend yield for the trailing twelve months is around 2.17%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGRO.TO Vanguard Growth ETF Portfolio | 2.17% | 2.16% | 2.17% | 1.82% | 1.79% | 2.21% | 2.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
VGRO.TO vs. QQQ - Drawdown Comparison
The maximum VGRO.TO drawdown since its inception was -25.36%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for VGRO.TO and QQQ. For additional features, visit the drawdowns tool.
Volatility
VGRO.TO vs. QQQ - Volatility Comparison
The current volatility for Vanguard Growth ETF Portfolio (VGRO.TO) is 2.59%, while Invesco QQQ (QQQ) has a volatility of 5.14%. This indicates that VGRO.TO 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.