VITNX vs. TQQQ
Compare and contrast key facts about Vanguard Institutional Total Stock Market Index Fund Institutional Shares (VITNX) and ProShares UltraPro QQQ (TQQQ).
VITNX is managed by Vanguard. It was launched on Aug 31, 2001. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VITNX or TQQQ.
Key characteristics
| VITNX | TQQQ | |
|---|---|---|
| YTD Return | 17.67% | 33.83% |
| 1Y Return | 25.82% | 63.22% |
| 3Y Return (Ann) | 8.25% | -1.23% |
| 5Y Return (Ann) | 14.39% | 33.63% |
| 10Y Return (Ann) | 12.34% | 34.33% |
| Sharpe Ratio | 2.05 | 1.26 |
| Daily Std Dev | 13.14% | 53.04% |
| Max Drawdown | -55.32% | -81.66% |
| Current Drawdown | -0.67% | -21.69% |
Correlation
The correlation between VITNX and TQQQ is 0.89, 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
VITNX vs. TQQQ - Performance Comparison
In the year-to-date period, VITNX achieves a 17.67% return, which is significantly lower than TQQQ's 33.83% return. Over the past 10 years, VITNX has underperformed TQQQ with an annualized return of 12.34%, while TQQQ has yielded a comparatively higher 34.33% 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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VITNX vs. TQQQ - Expense Ratio Comparison
VITNX has a 0.03% expense ratio, which is lower than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
VITNX vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Institutional Total Stock Market Index Fund Institutional Shares (VITNX) and ProShares UltraPro QQQ (TQQQ). 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
VITNX vs. TQQQ - Dividend Comparison
VITNX's dividend yield for the trailing twelve months is around 2.17%, more than TQQQ's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VITNX Vanguard Institutional Total Stock Market Index Fund Institutional Shares | 2.17% | 2.41% | 6.48% | 5.37% | 11.56% | 2.90% | 4.38% | 2.39% | 2.78% | 2.28% | 1.78% | 1.72% |
TQQQ ProShares UltraPro QQQ | 1.28% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
Drawdowns
VITNX vs. TQQQ - Drawdown Comparison
The maximum VITNX drawdown since its inception was -55.32%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for VITNX and TQQQ. For additional features, visit the drawdowns tool.
Volatility
VITNX vs. TQQQ - Volatility Comparison
The current volatility for Vanguard Institutional Total Stock Market Index Fund Institutional Shares (VITNX) is 4.48%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 19.64%. This indicates that VITNX experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.