WFSPX vs. QQQ
Compare and contrast key facts about iShares S&P 500 Index Fund (WFSPX) and Invesco QQQ (QQQ).
WFSPX is managed by Blackrock. It was launched on Jul 30, 1993. 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: WFSPX or QQQ.
Correlation
The correlation between WFSPX and QQQ is 0.86, 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
WFSPX vs. QQQ - Performance Comparison
Key characteristics
WFSPX:
2.17
QQQ:
1.53
WFSPX:
2.89
QQQ:
2.07
WFSPX:
1.40
QQQ:
1.27
WFSPX:
3.31
QQQ:
2.05
WFSPX:
13.73
QQQ:
7.16
WFSPX:
2.04%
QQQ:
3.89%
WFSPX:
12.85%
QQQ:
18.14%
WFSPX:
-89.72%
QQQ:
-82.98%
WFSPX:
-0.64%
QQQ:
-2.33%
Returns By Period
In the year-to-date period, WFSPX achieves a 2.91% return, which is significantly higher than QQQ's 2.65% return. Over the past 10 years, WFSPX has underperformed QQQ with an annualized return of 13.14%, while QQQ has yielded a comparatively higher 18.53% annualized return.
WFSPX
2.91%
2.08%
9.46%
26.16%
14.23%
13.14%
QQQ
2.65%
1.35%
9.52%
25.18%
19.35%
18.53%
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WFSPX vs. QQQ - Expense Ratio Comparison
WFSPX has a 0.03% 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
WFSPX vs. QQQ — Risk-Adjusted Performance Rank
WFSPX
QQQ
WFSPX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Index Fund (WFSPX) 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
WFSPX vs. QQQ - Dividend Comparison
WFSPX's dividend yield for the trailing twelve months is around 1.22%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFSPX iShares S&P 500 Index Fund | 1.22% | 1.25% | 1.44% | 1.69% | 1.25% | 1.55% | 1.99% | 2.03% | 1.74% | 2.07% | 1.95% | 1.84% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
WFSPX vs. QQQ - Drawdown Comparison
The maximum WFSPX drawdown since its inception was -89.72%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for WFSPX and QQQ. For additional features, visit the drawdowns tool.
Volatility
WFSPX vs. QQQ - Volatility Comparison
The current volatility for iShares S&P 500 Index Fund (WFSPX) is 5.14%, while Invesco QQQ (QQQ) has a volatility of 6.48%. This indicates that WFSPX 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.