VUSSX vs. IVNQX

Last updated Jun 3, 2026

VUSSX (Invesco Quality Income Fund Class R6) and IVNQX (Invesco Nasdaq 100 Index Fund) are both mutual funds - VUSSX is a Mortgage Backed Securities fund actively managed by Invesco, while IVNQX is a Large Cap Growth Equities fund managed by Invesco. Over the past 5 years, VUSSX returned 0.27%/yr vs 18.13%/yr for IVNQX. At a 0.15 correlation, their price movements are largely independent. VUSSX charges 0.53%/yr vs 0.29%/yr for IVNQX.

Performance

VUSSX vs. IVNQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Quality Income Fund Class R6 (VUSSX) and Invesco Nasdaq 100 Index Fund (IVNQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VUSSX achieves a 0.62% return, which is significantly lower than IVNQX's 20.97% return.

VUSSX

• 1D: -0.10%
• 1M: 0.03%
• YTD: 0.62%
• 6M: 0.84%
• 1Y: 6.91%
• 3Y*: 4.48%
• 5Y*: 0.27%
• 10Y*: —

IVNQX

• 1D: 0.58%
• 1M: 10.14%
• YTD: 20.97%
• 6M: 19.55%
• 1Y: 42.48%
• 3Y*: 28.59%
• 5Y*: 18.13%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VUSSX vs. IVNQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VUSSX Invesco Quality Income Fund Class R6	0.62%	8.61%	1.38%	4.81%	-12.14%	-1.37%	1.00%
IVNQX Invesco Nasdaq 100 Index Fund	20.97%	20.77%	25.43%	54.62%	-32.05%	26.75%	8.46%

Correlation

The correlation between VUSSX and IVNQX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Oct 16, 2020	0.15

Return for Risk

VUSSX vs. IVNQX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VUSSX

VUSSX Risk / Return Rank: 32
VUSSX Sharpe Ratio Rank: 29
VUSSX Sortino Ratio Rank: 31
VUSSX Omega Ratio Rank: 28
VUSSX Calmar Ratio Rank: 39
VUSSX Martin Ratio Rank: 35

IVNQX

IVNQX Risk / Return Rank: 76
IVNQX Sharpe Ratio Rank: 85
IVNQX Sortino Ratio Rank: 72
IVNQX Omega Ratio Rank: 69
IVNQX Calmar Ratio Rank: 80
IVNQX Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VUSSX vs. IVNQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Quality Income Fund Class R6 (VUSSX) and Invesco Nasdaq 100 Index Fund (IVNQX). 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.

	VUSSX	IVNQX	Difference
Sharpe ratio Return per unit of total volatility	1.53	2.73	-1.19
Sortino ratio Return per unit of downside risk	2.32	3.54	-1.23
Omega ratio Gain probability vs. loss probability	1.28	1.46	-0.19
Calmar ratio Return relative to maximum drawdown	2.36	3.65	-1.29
Martin ratio Return relative to average drawdown	7.82	14.09	-6.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VUSSX vs. IVNQX - Sharpe Ratio Comparison

The current VUSSX Sharpe Ratio is 1.53, which is lower than the IVNQX Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of VUSSX and IVNQX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VUSSX	IVNQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	2.73	-1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	0.81	-0.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.85	-0.54

Drawdowns

VUSSX vs. IVNQX - Drawdown Comparison

The maximum VUSSX drawdown since its inception was -18.43%, smaller than the maximum IVNQX drawdown of -34.83%. Use the drawdown chart below to compare losses from any high point for VUSSX and IVNQX.

Drawdown Indicators

	VUSSX	IVNQX	Difference
Max Drawdown Largest peak-to-trough decline	-18.43%	-34.83%	+16.40%
Max Drawdown (1Y) Largest decline over 1 year	-3.21%	-11.95%	+8.74%
Max Drawdown (3Y) Largest decline over 3 years	-7.58%	-22.70%	+15.12%
Max Drawdown (5Y) Largest decline over 5 years	-17.85%	-34.83%	+16.98%
Current Drawdown Current decline from peak	-1.49%	0.00%	-1.49%
Average Drawdown Average peak-to-trough decline	-4.55%	-8.24%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	3.10%	-2.13%

Volatility

VUSSX vs. IVNQX - Volatility Comparison

The current volatility for Invesco Quality Income Fund Class R6 (VUSSX) is 1.60%, while Invesco Nasdaq 100 Index Fund (IVNQX) has a volatility of 4.51%. This indicates that VUSSX experiences smaller price fluctuations and is considered to be less risky than IVNQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VUSSX	IVNQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.60%	4.51%	-2.91%
Volatility (6M) Calculated over the trailing 6-month period	3.12%	12.19%	-9.07%
Volatility (1Y) Calculated over the trailing 1-year period	4.34%	16.12%	-11.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.47%	22.50%	-16.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.16%	22.42%	-17.26%

VUSSX vs. IVNQX - Expense Ratio Comparison

VUSSX has a 0.53% expense ratio, which is higher than IVNQX's 0.29% expense ratio.

Dividends

VUSSX vs. IVNQX - Dividend Comparison

VUSSX's dividend yield for the trailing twelve months is around 3.83%, more than IVNQX's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
IVNQX Invesco Nasdaq 100 Index Fund	1.08%	1.31%	0.72%	0.54%	0.73%	0.84%	0.19%	0.00%	0.00%	0.00%
VUSSX Invesco Quality Income Fund Class R6	3.83%	3.69%	4.30%	3.20%	3.37%	3.49%	4.00%	4.09%	4.27%	2.78%

Frequently Asked Questions

Can I hold both VUSSX and IVNQX in my portfolio?

VUSSX and IVNQX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VUSSX or IVNQX?

IVNQX has higher volatility (4.51%) compared to VUSSX (1.60%). In terms of maximum drawdown, VUSSX dropped -18.43% vs IVNQX's -34.83%.

Which has better risk-adjusted returns?

IVNQX currently has the higher Sharpe Ratio (2.73 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.