VUSE vs. QQQ
Compare and contrast key facts about Vident Core US Equity Fund (VUSE) and Invesco QQQ (QQQ).
VUSE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VUSE is a passively managed fund by Vident that tracks the performance of the Vident Core U.S. Equity Index. It was launched on Jan 22, 2014. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both VUSE and QQQ 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: VUSE or QQQ.
Key characteristics
| VUSE | QQQ | |
|---|---|---|
| YTD Return | 5.73% | 10.74% |
| 1Y Return | 24.30% | 39.36% |
| 3Y Return (Ann) | 7.94% | 12.27% |
| 5Y Return (Ann) | 13.39% | 20.73% |
| 10Y Return (Ann) | 9.42% | 18.86% |
| Sharpe Ratio | 2.03 | 2.43 |
| Daily Std Dev | 11.57% | 16.27% |
| Max Drawdown | -43.92% | -82.98% |
| Current Drawdown | -0.87% | 0.00% |
Correlation
The correlation between VUSE and QQQ is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VUSE vs. QQQ - Performance Comparison
In the year-to-date period, VUSE achieves a 5.73% return, which is significantly lower than QQQ's 10.74% return. Over the past 10 years, VUSE has underperformed QQQ with an annualized return of 9.42%, while QQQ has yielded a comparatively higher 18.86% 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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VUSE vs. QQQ - Expense Ratio Comparison
VUSE has a 0.48% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
VUSE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vident Core US Equity Fund (VUSE) 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
VUSE vs. QQQ - Dividend Comparison
VUSE's dividend yield for the trailing twelve months is around 1.04%, more than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VUSE Vident Core US Equity Fund | 1.04% | 1.15% | 1.57% | 1.16% | 1.33% | 1.61% | 1.55% | 1.16% | 1.25% | 1.73% | 1.29% | 0.00% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
VUSE vs. QQQ - Drawdown Comparison
The maximum VUSE drawdown since its inception was -43.92%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for VUSE and QQQ. For additional features, visit the drawdowns tool.
Volatility
VUSE vs. QQQ - Volatility Comparison
The current volatility for Vident Core US Equity Fund (VUSE) is 3.11%, while Invesco QQQ (QQQ) has a volatility of 5.12%. This indicates that VUSE 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.