VLO vs. QQQ
Compare and contrast key facts about Valero Energy Corporation (VLO) and Invesco QQQ (QQQ).
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: VLO or QQQ.
Performance
VLO vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, VLO achieves a 10.11% return, which is significantly lower than QQQ's 21.78% return. Over the past 10 years, VLO has underperformed QQQ with an annualized return of 15.27%, while QQQ has yielded a comparatively higher 17.95% annualized return.
VLO
10.11%
3.42%
-14.45%
17.41%
11.57%
15.27%
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| VLO | QQQ | |
|---|---|---|
| Sharpe Ratio | 0.48 | 1.70 |
| Sortino Ratio | 0.85 | 2.29 |
| Omega Ratio | 1.10 | 1.31 |
| Calmar Ratio | 0.47 | 2.19 |
| Martin Ratio | 0.91 | 7.96 |
| Ulcer Index | 15.19% | 3.72% |
| Daily Std Dev | 29.11% | 17.39% |
| Max Drawdown | -81.92% | -82.98% |
| Current Drawdown | -22.53% | -3.42% |
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Correlation
The correlation between VLO and QQQ is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
VLO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Valero Energy Corporation (VLO) 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
VLO vs. QQQ - Dividend Comparison
VLO's dividend yield for the trailing twelve months is around 2.29%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLO Valero Energy Corporation | 2.29% | 3.14% | 3.09% | 5.22% | 6.93% | 3.84% | 4.27% | 3.05% | 3.51% | 2.40% | 2.12% | 1.29% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
VLO vs. QQQ - Drawdown Comparison
The maximum VLO drawdown since its inception was -81.92%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for VLO and QQQ. For additional features, visit the drawdowns tool.
Volatility
VLO vs. QQQ - Volatility Comparison
Valero Energy Corporation (VLO) has a higher volatility of 7.84% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that VLO's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.