VLISX vs. QQQ
Compare and contrast key facts about Vanguard Large-Cap Index Fund Institutional Shares (VLISX) and Invesco QQQ (QQQ).
VLISX is managed by Vanguard. It was launched on Jun 30, 2005. 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: VLISX or QQQ.
Key characteristics
| VLISX | QQQ | |
|---|---|---|
| YTD Return | 27.35% | 26.02% |
| 1Y Return | 38.23% | 36.73% |
| 3Y Return (Ann) | 9.64% | 9.97% |
| 5Y Return (Ann) | 16.01% | 21.44% |
| 10Y Return (Ann) | 13.39% | 18.42% |
| Sharpe Ratio | 3.31 | 2.28 |
| Sortino Ratio | 4.47 | 2.98 |
| Omega Ratio | 1.62 | 1.41 |
| Calmar Ratio | 4.86 | 2.94 |
| Martin Ratio | 21.96 | 10.71 |
| Ulcer Index | 1.84% | 3.72% |
| Daily Std Dev | 12.13% | 17.35% |
| Max Drawdown | -54.75% | -82.98% |
| Current Drawdown | 0.00% | -0.06% |
Correlation
The correlation between VLISX and QQQ 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
VLISX vs. QQQ - Performance Comparison
The year-to-date returns for both stocks are quite close, with VLISX having a 27.35% return and QQQ slightly lower at 26.02%. Over the past 10 years, VLISX has underperformed QQQ with an annualized return of 13.39%, while QQQ has yielded a comparatively higher 18.42% 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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VLISX vs. QQQ - Expense Ratio Comparison
VLISX has a 0.04% expense ratio, which is lower than QQQ's 0.20% 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%.
Risk-Adjusted Performance
VLISX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Large-Cap Index Fund Institutional Shares (VLISX) 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
VLISX vs. QQQ - Dividend Comparison
VLISX's dividend yield for the trailing twelve months is around 1.23%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLISX Vanguard Large-Cap Index Fund Institutional Shares | 1.23% | 1.41% | 1.67% | 1.19% | 1.46% | 1.81% | 2.09% | 1.76% | 1.99% | 1.97% | 1.78% | 1.76% |
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
VLISX vs. QQQ - Drawdown Comparison
The maximum VLISX drawdown since its inception was -54.75%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for VLISX and QQQ. For additional features, visit the drawdowns tool.
Volatility
VLISX vs. QQQ - Volatility Comparison
The current volatility for Vanguard Large-Cap Index Fund Institutional Shares (VLISX) is 3.92%, while Invesco QQQ (QQQ) has a volatility of 5.18%. This indicates that VLISX 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.