QQQ vs VIPIX
Invesco QQQ Trust, Series 1 vs Vanguard Inflation Protected Securities Fund Insti Shs
Quick Verdict
VIPIX has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | VIPIX | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.07% | |
| AUM | $496.3B | $12.4B | |
| Dividend Yield | 0.44% | 5.21% | |
| Holdings | 108 | 63 | |
| YTD Return | +16.64% | -0.86% | |
| 1Y Return | +27.27% | -2.83% | |
| 3Y Return (annualized) | +25.96% | -0.18% | |
| 5Y Return (annualized) | +14.54% | -4.75% | |
| Volatility (annualized) | 30.6% | 6.7% | |
| Max Drawdown | -83.0% | -24.5% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Dec 12, 2003 |
QQQ vs VIPIX Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Vanguard Inflation Protected Securities Fund Insti Shs (VIPIX) is a mutual fund from Vanguard (US). Over the past year QQQ returned +27.27% while VIPIX returned -2.83%. Year to date, QQQ is up 16.64% versus a loss of 0.86% for VIPIX.
Over three years, QQQ compounded at +25.96% per year against -0.18% for VIPIX; over five years the annualized figures are +14.54% and -4.75% respectively. Across the full 5-year window we track, QQQ has the edge at +13.03% annualized vs -4.75%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 6.7% for VIPIX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -24.5% for VIPIX. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while VIPIX charges 0.07%. On a $10,000 position that is $18 vs $7 annually, a gap of $11 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 5.21% for VIPIX.
Holdings Overlap
QQQ and VIPIX share 0 holdings out of 157 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or VIPIX?
QQQ has an expense ratio of 0.18% while VIPIX charges 0.07%. VIPIX is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, QQQ or VIPIX?
Over the past year QQQ returned +27.27% vs -2.83% for VIPIX, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), QQQ annualized +13.03% vs -4.75% for VIPIX. Past performance does not guarantee future results.
Which is riskier, QQQ or VIPIX?
QQQ has been the more volatile fund at 30.6% annualized versus 6.7% for VIPIX. Worst drawdown: QQQ -83.0% vs VIPIX -24.5%.
Should I hold both QQQ and VIPIX?
QQQ and VIPIX have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and VIPIX?
QQQ and VIPIX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 157 unique securities.
Which pays a higher dividend, QQQ or VIPIX?
QQQ yields 0.44% while VIPIX yields 5.21%, so VIPIX currently pays the higher dividend yield.
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