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VOO vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VOOQQQ
YTD Return24.17%22.01%
1Y Return37.39%37.13%
3Y Return (Ann)11.18%11.27%
5Y Return (Ann)16.29%21.71%
10Y Return (Ann)14.09%19.28%
Sharpe Ratio2.942.01
Sortino Ratio3.912.66
Omega Ratio1.541.35
Calmar Ratio3.162.56
Martin Ratio18.369.31
Ulcer Index2.00%3.80%
Daily Std Dev12.47%17.56%
Max Drawdown-33.99%-82.98%
Current Drawdown0.00%-0.95%

Correlation

-0.50.00.51.00.9

The correlation between VOO and QQQ is 0.90, 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

VOO vs. QQQ - Performance Comparison

In the year-to-date period, VOO achieves a 24.17% return, which is significantly higher than QQQ's 22.01% return. Over the past 10 years, VOO has underperformed QQQ with an annualized return of 14.09%, while QQQ has yielded a comparatively higher 19.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%MayJuneJulyAugustSeptemberOctober
16.83%
15.75%
VOO
QQQ

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VOO vs. QQQ - Expense Ratio Comparison

VOO has a 0.03% 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%.


QQQ
Invesco QQQ
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

VOO vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 ETF (VOO) 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.


VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.94, compared to the broader market0.002.004.006.002.94
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.91, compared to the broader market0.005.0010.003.91
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.54, compared to the broader market1.001.502.002.503.001.54
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 3.16, compared to the broader market0.005.0010.0015.003.16
Martin ratio
The chart of Martin ratio for VOO, currently valued at 18.36, compared to the broader market0.0020.0040.0060.0080.00100.0018.36
QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.01, compared to the broader market0.002.004.006.002.01
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 2.66, compared to the broader market0.005.0010.002.66
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.35, compared to the broader market1.001.502.002.503.001.35
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 2.56, compared to the broader market0.005.0010.0015.002.56
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 9.31, compared to the broader market0.0020.0040.0060.0080.00100.009.31

VOO vs. QQQ - Sharpe Ratio Comparison

The current VOO Sharpe Ratio is 2.94, which is higher than the QQQ Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of VOO 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.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00MayJuneJulyAugustSeptemberOctober
2.94
2.01
VOO
QQQ

Dividends

VOO vs. QQQ - Dividend Comparison

VOO's dividend yield for the trailing twelve months is around 1.26%, more than QQQ's 0.61% yield.


TTM20232022202120202019201820172016201520142013
VOO
Vanguard S&P 500 ETF
1.26%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%
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%1.01%

Drawdowns

VOO vs. QQQ - Drawdown Comparison

The maximum VOO drawdown since its inception was -33.99%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for VOO and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%MayJuneJulyAugustSeptemberOctober0
-0.95%
VOO
QQQ

Volatility

VOO vs. QQQ - Volatility Comparison

The current volatility for Vanguard S&P 500 ETF (VOO) is 2.87%, while Invesco QQQ (QQQ) has a volatility of 3.96%. This indicates that VOO 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.


2.00%4.00%6.00%8.00%MayJuneJulyAugustSeptemberOctober
2.87%
3.96%
VOO
QQQ