VINAX vs. QLD
Compare and contrast key facts about Vanguard Industrials Index Fund Admiral Shares (VINAX) and ProShares Ultra QQQ (QLD).
VINAX is managed by Vanguard. It was launched on May 8, 2006. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VINAX or QLD.
Key characteristics
| VINAX | QLD | |
|---|---|---|
| YTD Return | 14.87% | 24.90% |
| 1Y Return | 26.71% | 49.91% |
| 3Y Return (Ann) | 11.09% | 6.37% |
| 5Y Return (Ann) | 12.77% | 30.78% |
| 10Y Return (Ann) | 11.11% | 28.36% |
| Sharpe Ratio | 1.76 | 1.26 |
| Daily Std Dev | 14.69% | 35.46% |
| Max Drawdown | -63.43% | -83.13% |
| Current Drawdown | -0.46% | -13.72% |
Correlation
The correlation between VINAX and QLD is 0.74, 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
VINAX vs. QLD - Performance Comparison
In the year-to-date period, VINAX achieves a 14.87% return, which is significantly lower than QLD's 24.90% return. Over the past 10 years, VINAX has underperformed QLD with an annualized return of 11.11%, while QLD has yielded a comparatively higher 28.36% annualized 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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VINAX vs. QLD - Expense Ratio Comparison
VINAX has a 0.10% expense ratio, which is lower than QLD's 0.95% expense ratio.
Risk-Adjusted Performance
VINAX vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Industrials Index Fund Admiral Shares (VINAX) and ProShares Ultra QQQ (QLD). 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
VINAX vs. QLD - Dividend Comparison
VINAX's dividend yield for the trailing twelve months is around 1.23%, more than QLD's 0.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VINAX Vanguard Industrials Index Fund Admiral Shares | 1.23% | 1.36% | 1.51% | 1.11% | 1.39% | 1.68% | 1.90% | 1.60% | 1.82% | 1.94% | 1.57% | 1.06% |
QLD ProShares Ultra QQQ | 0.44% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% | 0.13% |
Drawdowns
VINAX vs. QLD - Drawdown Comparison
The maximum VINAX drawdown since its inception was -63.43%, smaller than the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for VINAX and QLD. For additional features, visit the drawdowns tool.
Volatility
VINAX vs. QLD - Volatility Comparison
The current volatility for Vanguard Industrials Index Fund Admiral Shares (VINAX) is 4.45%, while ProShares Ultra QQQ (QLD) has a volatility of 12.22%. This indicates that VINAX experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.