VYCAX vs. QQQ

Last updated Jun 5, 2026

VYCAX (Voya Corporate Leaders 100 Fund Class A) and QQQ (Invesco QQQ ETF) are both funds - VYCAX is a Large Cap Growth Equities fund managed by Voya, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, VYCAX returned 14.02%/yr vs 21.84%/yr for QQQ. A 0.79 correlation means they provide meaningful diversification when combined. VYCAX charges 0.81%/yr vs 0.18%/yr for QQQ.

Performance

VYCAX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Corporate Leaders 100 Fund Class A (VYCAX) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VYCAX achieves a 8.18% return, which is significantly lower than QQQ's 20.71% return. Over the past 10 years, VYCAX has underperformed QQQ with an annualized return of 14.02%, while QQQ has yielded a comparatively higher 21.84% annualized return.

VYCAX

• 1D: -0.63%
• 1M: 3.49%
• YTD: 8.18%
• 6M: 8.72%
• 1Y: 20.97%
• 3Y*: 18.81%
• 5Y*: 11.22%
• 10Y*: 14.02%

QQQ

• 1D: -0.48%
• 1M: 8.66%
• YTD: 20.71%
• 6M: 19.19%
• 1Y: 40.74%
• 3Y*: 28.54%
• 5Y*: 17.86%
• 10Y*: 21.84%

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

VYCAX vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VYCAX Voya Corporate Leaders 100 Fund Class A	8.18%	17.37%	17.68%	18.99%	-11.30%	27.35%	11.49%	38.96%	-7.22%	18.93%
QQQ Invesco QQQ ETF	20.71%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between VYCAX and QQQ is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jul 2, 2008	0.79

The correlation between VYCAX and QQQ shifts across timeframes, from 0.60 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VYCAX vs. QQQ — Risk / Return Rank

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

VYCAX

VYCAX Risk / Return Rank: 57
VYCAX Sharpe Ratio Rank: 56
VYCAX Sortino Ratio Rank: 57
VYCAX Omega Ratio Rank: 52
VYCAX Calmar Ratio Rank: 59
VYCAX Martin Ratio Rank: 61

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.

VYCAX vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Corporate Leaders 100 Fund Class A (VYCAX) 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.

	VYCAX	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	2.20	2.57	-0.37
Sortino ratio: Return per unit of downside risk	3.16	3.37	-0.21
Omega ratio: Gain probability vs. loss probability	1.39	1.44	-0.05
Calmar ratio: Return relative to maximum drawdown	2.93	3.42	-0.49
Martin ratio: Return relative to average drawdown	11.91	13.14	-1.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VYCAX vs. QQQ - Sharpe Ratio Comparison

The current VYCAX Sharpe Ratio is 2.20, which is comparable to the QQQ Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of VYCAX 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

	VYCAX	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	2.57	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.80	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.98	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.41	+0.21

Drawdowns

VYCAX vs. QQQ - Drawdown Comparison

The maximum VYCAX drawdown since its inception was -46.74%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for VYCAX and QQQ.

Drawdown Indicators

	VYCAX	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-46.74%	-82.97%	+36.23%
Max Drawdown (1Y) Largest decline over 1 year	-7.77%	-11.96%	+4.19%
Max Drawdown (3Y) Largest decline over 3 years	-15.07%	-22.77%	+7.70%
Max Drawdown (5Y) Largest decline over 5 years	-22.80%	-35.12%	+12.32%
Max Drawdown (10Y) Largest decline over 10 years	-33.41%	-35.12%	+1.71%
Current Drawdown Current decline from peak	-0.67%	-0.74%	+0.07%
Average Drawdown Average peak-to-trough decline	-5.33%	-32.78%	+27.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	3.11%	-1.26%

Volatility

VYCAX vs. QQQ - Volatility Comparison

The current volatility for Voya Corporate Leaders 100 Fund Class A (VYCAX) is 2.67%, while Invesco QQQ ETF (QQQ) has a volatility of 4.51%. This indicates that VYCAX 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.

Volatility by Period

	VYCAX	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	4.51%	-1.84%
Volatility (6M) Calculated over the trailing 6-month period	7.62%	12.10%	-4.48%
Volatility (1Y) Calculated over the trailing 1-year period	10.36%	15.94%	-5.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	22.37%	-6.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.49%	22.29%	-4.80%

VYCAX vs. QQQ - Expense Ratio Comparison

VYCAX has a 0.81% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

VYCAX vs. QQQ - Dividend Comparison

VYCAX's dividend yield for the trailing twelve months is around 7.60%, more than QQQ's 0.38% yield.

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%
VYCAX Voya Corporate Leaders 100 Fund Class A	7.60%	8.22%	6.97%	4.35%	5.78%	7.81%	25.30%	16.80%	10.28%	2.94%	1.52%	1.52%

Frequently Asked Questions

Can I hold both VYCAX and QQQ in my portfolio?

VYCAX and QQQ have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VYCAX or QQQ?

QQQ has higher volatility (4.51%) compared to VYCAX (2.67%). In terms of maximum drawdown, VYCAX dropped -46.74% vs QQQ's -82.97%.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.57 vs 2.20), 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.