VSQYX vs. QQQ
Compare and contrast key facts about Invesco MSCI World SRI Index Fund (VSQYX) and Invesco QQQ (QQQ).
VSQYX is managed by Invesco. It was launched on Jun 30, 2016. 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: VSQYX or QQQ.
Correlation
The correlation between VSQYX and QQQ is 0.84, 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
VSQYX vs. QQQ - Performance Comparison
Key characteristics
VSQYX:
0.26
QQQ:
1.34
VSQYX:
0.45
QQQ:
1.83
VSQYX:
1.07
QQQ:
1.24
VSQYX:
0.33
QQQ:
1.78
VSQYX:
1.14
QQQ:
6.25
VSQYX:
3.99%
QQQ:
3.86%
VSQYX:
17.25%
QQQ:
18.07%
VSQYX:
-38.66%
QQQ:
-82.98%
VSQYX:
-13.47%
QQQ:
-6.00%
Returns By Period
In the year-to-date period, VSQYX achieves a -0.78% return, which is significantly higher than QQQ's -1.20% return.
VSQYX
-0.78%
-11.88%
-6.90%
4.30%
7.50%
N/A
QQQ
-1.20%
-4.64%
2.07%
24.06%
18.68%
18.47%
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VSQYX vs. QQQ - Expense Ratio Comparison
VSQYX has a 0.19% 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
VSQYX vs. QQQ — Risk-Adjusted Performance Rank
VSQYX
QQQ
VSQYX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World SRI Index Fund (VSQYX) 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
VSQYX vs. QQQ - Dividend Comparison
VSQYX's dividend yield for the trailing twelve months is around 1.67%, more than QQQ's 0.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSQYX Invesco MSCI World SRI Index Fund | 1.67% | 1.65% | 1.43% | 1.84% | 1.40% | 1.46% | 1.78% | 1.96% | 0.80% | 0.67% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.56% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
VSQYX vs. QQQ - Drawdown Comparison
The maximum VSQYX drawdown since its inception was -38.66%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for VSQYX and QQQ. For additional features, visit the drawdowns tool.
Volatility
VSQYX vs. QQQ - Volatility Comparison
Invesco MSCI World SRI Index Fund (VSQYX) has a higher volatility of 9.68% compared to Invesco QQQ (QQQ) at 5.94%. This indicates that VSQYX'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.