Compare and contrast key facts about Vanguard Information Technology ETF (VGT) and Invesco QQQ (QQQ).
VGT and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004. 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 VGT 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: VGT or QQQ.
In the past year, QQQ returned a total of 32.90%, which is lower than VGT's 35.24% return. Over the past 10 years, QQQ has had annualized average returns of 19.01% , compared to 21.17% for VGT. These numbers are adjusted for stock splits and include dividends.
VGT and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index.
Is VGT a Buy, Sell or Hold? VGT has a consensus rating of Moderate Buy which is based on 234 buy ratings, 77 hold ratings and 4 sell ratings. What is VGT's price target? The average price target for VGT is $637.74.
The better Vanguard ETF for their needs is likely VYM, which delivers a higher 2.9% 30-day SEC yield by targeting the FTSE High Dividend Yield Index. It also charges the same expense ratio as VIG does, at 0.06%.
VOO - Performance Comparison. In the year-to-date period, VGT achieves a 20.00% return, which is significantly higher than VOO's 14.60% return. Over the past 10 years, VGT has outperformed VOO with an annualized return of 21.08%, while VOO has yielded a comparatively lower 12.90% annualized return.
Vanguard Information Technology ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VGT is a great option for investors seeking exposure to the Technology ETFs segment of the market.
The Invesco QQQ Trust, long synonymous with tech, had a phenomenal year. But a less-discussed tech ETF, the SPDR NYSE Technology ETF, outperformed it in 2023.
The Invesco QQQ Trust is unique in that it tracks the performance of the Nasdaq-100 index. This includes the top 100 non-financial companies that trade on the Nasdaq exchange. It's worth discussing the ETF's composition. It's heavily weighted in two sectors.
QQQ Performance. Invesco QQQ — the ETF that tracks the Nasdaq-100 index — has beaten the S&P 500 eight out of the last 10 years as of March 31, 2024. Source: Morningstar Inc. Data begins 10 years prior to the ending date.
The Invesco QQQ ETF checks many of the boxes short-term traders look for in ETFs, and it also has significant advantages for long-term investors. The ETF offers liquid, cost-efficient exposure to a tech-heavy basket of large-cap, innovative companies.
QQQ is better to buy for investments of a year or more. The NASDAQ-100 index dynamics are more volatile compared to the S&P 500. With a shorter investment horizon, there's a high risk of a decrease in value.
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