VITAX vs. QQQ

Last updated Apr 1, 2026

Compare and contrast key facts about Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Invesco QQQ ETF (QQQ).

VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both VITAX and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

VITAX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

VITAX vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VITAX Vanguard Information Technology Index Fund Admiral Shares	-11.14%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	48.72%	2.51%	37.07%
QQQ Invesco QQQ ETF	-5.93%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Returns By Period

In the year-to-date period, VITAX achieves a -11.14% return, which is significantly lower than QQQ's -5.93% return. Over the past 10 years, VITAX has outperformed QQQ with an annualized return of 20.84%, while QQQ has yielded a comparatively lower 18.85% annualized return.

VITAX

• 1D: -1.79%
• 1M: -7.83%
• YTD: -11.14%
• 6M: -10.25%
• 1Y: 23.94%
• 3Y*: 20.87%
• 5Y*: 14.06%
• 10Y*: 20.84%

QQQ

• 1D: 3.39%
• 1M: -4.84%
• YTD: -5.93%
• 6M: -3.62%
• 1Y: 23.68%
• 3Y*: 22.32%
• 5Y*: 12.88%
• 10Y*: 18.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VITAX vs. QQQ - Expense Ratio Comparison

VITAX has a 0.10% expense ratio, which is lower than QQQ's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

QQQ

Invesco QQQ ETF

VITAX

Vanguard Information Technology Index Fund Admiral Shares

Return for Risk

VITAX vs. QQQ — Risk / Return Rank

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

VITAX

VITAX Risk / Return Rank: 47
VITAX Sharpe Ratio Rank: 44
VITAX Sortino Ratio Rank: 52
VITAX Omega Ratio Rank: 48
VITAX Calmar Ratio Rank: 53
VITAX Martin Ratio Rank: 38

QQQ

QQQ Risk / Return Rank: 69
QQQ Sharpe Ratio Rank: 63
QQQ Sortino Ratio Rank: 68
QQQ Omega Ratio Rank: 67
QQQ Calmar Ratio Rank: 76
QQQ Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VITAX vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Invesco QQQ ETF (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.

	VITAX	QQQ	Difference
Sharpe ratio Return per unit of total volatility	0.87	1.05	-0.18
Sortino ratio Return per unit of downside risk	1.39	1.63	-0.24
Omega ratio Gain probability vs. loss probability	1.19	1.23	-0.04
Calmar ratio Return relative to maximum drawdown	1.26	1.88	-0.62
Martin ratio Return relative to average drawdown	3.92	6.95	-3.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VITAX vs. QQQ - Sharpe Ratio Comparison

The current VITAX Sharpe Ratio is 0.87, which is comparable to the QQQ Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of VITAX 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.

Sharpe Ratios by Period

	VITAX	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	1.05	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.58	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	0.85	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.37	+0.21

Correlation

The correlation between VITAX and QQQ is 0.96, 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.

Dividends

VITAX vs. QQQ - Dividend Comparison

VITAX's dividend yield for the trailing twelve months is around 0.46%, less than QQQ's 0.49% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.46%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%
QQQ Invesco QQQ ETF	0.49%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Drawdowns

VITAX vs. QQQ - Drawdown Comparison

The maximum VITAX drawdown since its inception was -54.81%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for VITAX and QQQ.

Drawdown Indicators

	VITAX	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-82.97%	+28.16%
Max Drawdown (1Y) Largest decline over 1 year	-16.38%	-12.62%	-3.76%
Max Drawdown (5Y) Largest decline over 5 years	-35.10%	-35.12%	+0.02%
Max Drawdown (10Y) Largest decline over 10 years	-35.10%	-35.12%	+0.02%
Current Drawdown Current decline from peak	-16.38%	-8.98%	-7.40%
Average Drawdown Average peak-to-trough decline	-8.06%	-32.99%	+24.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.24%	3.41%	+1.83%

Volatility

VITAX vs. QQQ - Volatility Comparison

Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Invesco QQQ ETF (QQQ) have volatilities of 6.70% and 6.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VITAX	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	6.51%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	15.84%	12.77%	+3.07%
Volatility (1Y) Calculated over the trailing 1-year period	27.38%	22.67%	+4.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.22%	22.39%	+2.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.69%	22.25%	+2.44%