VVMX.DE vs. QQQ

Last updated Jun 5, 2026

VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - VVMX.DE is a Commodity Producers Equities fund tracking the MVIS Global Rare Earth/Strategic Metals, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 3 years, VVMX.DE returned 3.35%/yr vs 25.35%/yr for QQQ. At a 0.23 correlation, their price movements are largely independent. VVMX.DE charges 0.59%/yr vs 0.18%/yr for QQQ.

Performance

VVMX.DE vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VVMX.DE is traded in EUR, while QQQ is traded in USD. To make them comparable, the QQQ values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VVMX.DE achieves a 30.24% return, which is significantly higher than QQQ's 22.75% return.

VVMX.DE

• 1D: -1.82%
• 1M: -6.33%
• YTD: 30.24%
• 6M: 39.84%
• 1Y: 155.75%
• 3Y*: 3.35%
• 5Y*: —
• 10Y*: —

QQQ

• 1D: 0.00%
• 1M: 9.98%
• YTD: 22.75%
• 6M: 20.16%
• 1Y: 39.13%
• 3Y*: 25.35%
• 5Y*: 19.08%
• 10Y*: 21.63%

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

VVMX.DE vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A	30.24%	68.45%	-30.81%	-21.17%	-26.46%	17.29%
QQQ Invesco QQQ ETF	22.09%	6.44%	33.87%	50.21%	-28.40%	13.12%

Correlation

The correlation between VVMX.DE and QQQ is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021	0.23

The correlation between VVMX.DE and QQQ shifts across timeframes, from 0.21 (3 years) to 0.32 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

VVMX.DE vs. QQQ — Risk / Return Rank

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

VVMX.DE

VVMX.DE Risk / Return Rank: 87
VVMX.DE Sharpe Ratio Rank: 93
VVMX.DE Sortino Ratio Rank: 82
VVMX.DE Omega Ratio Rank: 75
VVMX.DE Calmar Ratio Rank: 95
VVMX.DE Martin Ratio Rank: 89

QQQ

QQQ Risk / Return Rank: 74
QQQ Sharpe Ratio Rank: 80
QQQ Sortino Ratio Rank: 76
QQQ Omega Ratio Rank: 75
QQQ Calmar Ratio Rank: 70
QQQ Martin Ratio Rank: 71

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.

VVMX.DE vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) and Invesco QQQ ETF (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.

	VVMX.DE	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	3.36	2.43	+0.93
Sortino ratio: Return per unit of downside risk	3.61	3.09	+0.51
Omega ratio: Gain probability vs. loss probability	1.44	1.42	+0.02
Calmar ratio: Return relative to maximum drawdown	7.59	3.57	+4.02
Martin ratio: Return relative to average drawdown	19.66	11.19	+8.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VVMX.DE vs. QQQ - Sharpe Ratio Comparison

The current VVMX.DE Sharpe Ratio is 3.36, which is higher than the QQQ Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of VVMX.DE and QQQ, 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

	VVMX.DE	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.36	2.43	+0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.96	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.79	-0.77

Drawdowns

VVMX.DE vs. QQQ - Drawdown Comparison

The maximum VVMX.DE drawdown since its inception was -73.26%, which is greater than QQQ's maximum drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for VVMX.DE and QQQ.

Drawdown Indicators

	VVMX.DE	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-73.26%	-46.01%	-27.25%
Max Drawdown (1Y) Largest decline over 1 year	-20.40%	-11.01%	-9.39%
Max Drawdown (3Y) Largest decline over 3 years	-61.55%	-27.21%	-34.34%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.99%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-30.99%	—
Current Drawdown Current decline from peak	-25.51%	-0.05%	-25.46%
Average Drawdown Average peak-to-trough decline	-41.23%	-7.79%	-33.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.89%	3.51%	+4.38%

Volatility

VVMX.DE vs. QQQ - Volatility Comparison

VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) has a higher volatility of 12.59% compared to Invesco QQQ ETF (QQQ) at 3.69%. This indicates that VVMX.DE'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.

Volatility by Period

	VVMX.DE	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.59%	3.69%	+8.90%
Volatility (6M) Calculated over the trailing 6-month period	32.22%	11.51%	+20.71%
Volatility (1Y) Calculated over the trailing 1-year period	46.13%	16.16%	+29.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.38%	22.03%	+14.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.38%	22.60%	+13.78%

VVMX.DE vs. QQQ - Expense Ratio Comparison

VVMX.DE has a 0.59% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

VVMX.DE vs. QQQ - Dividend Comparison

VVMX.DE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VVMX.DE and QQQ in my portfolio?

VVMX.DE and QQQ have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VVMX.DE or QQQ?

On fees, QQQ is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VVMX.DE or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.59% for VVMX.DE.

What is the main difference between VVMX.DE and QQQ?

VVMX.DE is categorized as Commodity Producers Equities, while QQQ is Nasdaq-100. VVMX.DE tracks MVIS Global Rare Earth/Strategic Metals, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.59% for VVMX.DE and 0.18% for QQQ.