VONG vs. QQQM
Compare and contrast key facts about Vanguard Russell 1000 Growth ETF (VONG) and Invesco NASDAQ 100 ETF (QQQM).
VONG and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both VONG and QQQM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VONG or QQQM.
Correlation
The correlation between VONG and QQQM is 0.92, 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
VONG vs. QQQM - Performance Comparison
Key characteristics
VONG:
0.55
QQQM:
0.48
VONG:
0.93
QQQM:
0.83
VONG:
1.13
QQQM:
1.12
VONG:
0.59
QQQM:
0.53
VONG:
2.02
QQQM:
1.77
VONG:
6.78%
QQQM:
6.78%
VONG:
24.80%
QQQM:
24.88%
VONG:
-32.72%
QQQM:
-35.05%
VONG:
-11.09%
QQQM:
-10.64%
Returns By Period
In the year-to-date period, VONG achieves a -7.32% return, which is significantly lower than QQQM's -5.69% return.
VONG
-7.32%
2.04%
-0.36%
16.24%
18.13%
15.18%
QQQM
-5.69%
1.82%
-0.19%
14.95%
N/A
N/A
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VONG vs. QQQM - Expense Ratio Comparison
VONG has a 0.08% expense ratio, which is lower than QQQM's 0.15% 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
VONG vs. QQQM — Risk-Adjusted Performance Rank
VONG
QQQM
VONG vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Growth ETF (VONG) and Invesco NASDAQ 100 ETF (QQQM). 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
VONG vs. QQQM - Dividend Comparison
VONG's dividend yield for the trailing twelve months is around 0.58%, less than QQQM's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VONG Vanguard Russell 1000 Growth ETF | 0.58% | 0.55% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% |
QQQM Invesco NASDAQ 100 ETF | 0.63% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VONG vs. QQQM - Drawdown Comparison
The maximum VONG drawdown since its inception was -32.72%, smaller than the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for VONG and QQQM. For additional features, visit the drawdowns tool.
Volatility
VONG vs. QQQM - Volatility Comparison
Vanguard Russell 1000 Growth ETF (VONG) and Invesco NASDAQ 100 ETF (QQQM) have volatilities of 16.44% and 16.35%, 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.