Data as of Oct 28, 2026.

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QQQ vs VCLT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QQQ returned +15.2% to VCLT's −5.9%; 0% of their weight is in the same names.

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Net assets: $483.0bn on Oct 27, 2026 for Invesco QQQ Trust, Series 1, and $7.5bn on Sep 30, 2026 for Vanguard Long-Term Corporate Bond ETF.

At a glance
+15.2%
QQQ total return, 1 year
−5.9%
VCLT total return, 1 year
0.18%
QQQ expense ratio
0.03%
VCLT expense ratio

Pair scorecard

VCLT costs 0.15 points a year less; their one-year returns differ by 21.1 points.

QQQ vs VCLT: Differences, Returns & Fees
MeasureQQQVCLT
Return
Total return, 1 year+15.2%−5.9%
Drawdown
Below its high4.5%, high on Oct 6, 202617.8%, high on Sep 22, 2021
Benchmark
What it tracksNasdaq-100 IndexBloomberg U.S. 10+ Year Corporate Bond Index
Cost and size
Expense ratio0.18%0.03%
Net assets, QQQ as of Oct 27, 2026 and VCLT as of Sep 30, 2026$483.0bn$7.5bn
Holdings
Holdings in common0%
In the S&P 500, by weight96%
Top ten holdings, share of the fund46.7%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Dec 4, 2009 to Oct 23, 2026 · 881 weekly returns
QQQ VCLT
Return
Total return edge QQQ +1,744.1% +101.2%
Annualized edge QQQ +18.8% +4.2%
Price return edge QQQ +1,496.6% −6.3%
Risk
Volatility edge VCLT 19.1% 12.5%
Max drawdown edge VCLT (slight) −35.1% −34.0%
Risk-adjusted
Sharpe edge QQQ 0.92 0.27
Sortino edge QQQ 1.38 0.39
Calmar edge QQQ 0.54 0.12
Reading

QQQ returned more: +1,744.1% to +101.2%. VCLT swung less: 12.5% to 19.1%. VCLT fell slightly less at its worst: −34.0% to −35.1%.

Full scorecard

9 measures, with how each is measured
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Risk and return: QQQ vs VCLT: Differences, Returns & Fees
MeasureQQQVCLTEdgeHow it is measured
Return
Total return+1,744.1%+101.2%QQQPrice change plus distributions, reinvested.
Annualized+18.8%+4.2%QQQTotal return as a yearly rate.
Price return+1,496.6%−6.3%QQQPrice change alone, distributions left out.
Risk
Volatility19.1%12.5%VCLTSpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.7%8.7%VCLTLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−35.1%−34.0%VCLT (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.920.27QQQReturn above Treasury bills per unit of volatility.
Sortino1.380.39QQQReturn above Treasury bills per unit of downside deviation.
Calmar0.540.12QQQAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 881 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, QQQ and VCLT hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QQQ VCLT
Only in one fund ↓
Only in QQQ
NVIDIA Corp 8.17%
Apple Inc 7.88%
Microsoft Corp 6.14%
Micron Technology Inc 4.50%
Amazon.com Inc 4.25%
Advanced Micro Devices Inc 3.93%
Tesla Inc 3.33%
Alphabet Inc 2.92%
Only in VCLT
MKTLIQ 1.03%
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 0.37%
United States Treasury Note/Bond 0.36%
CVS Health Corp 0.33%
Boeing Co 0.27%
Meta Platforms Inc 0.27%
AT&T Inc 0.24%
AT&T Inc 0.24%
Check overlap with more funds →

Side by side

QQQ Invesco QQQ Trust, Series 1 VCLT Vanguard Long-Term Corporate Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the Nasdaq-100 Tracks an index of Long-Term Corporate Bond
Total return, 1 year +15.2% −5.9%
Its benchmark over the same days +15.2% (QQQM) not measured
Gap to its benchmark 0.0 pts vs QQQM not measured
Expense ratio 0.18% 0.03%
Holdings 103 2562
Net assets, QQQ as of Oct 27, 2026 and VCLT as of Sep 30, 2026 $483.0bn $7.5bn

QQQ and VCLT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-D0B87BC026

QQQ and VCLT do different jobs. What does each one do in a portfolio?

  1. What each follows. QQQ follows Nasdaq-100 Index and VCLT follows Bloomberg U.S. 10+ Year Corporate Bond Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 QQQ returned +15.2% and VCLT −5.9% with distributions reinvested, a gap of 21.1 points.

Data as of Oct 28, 2026.

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About each fund
QQQ

QQQ tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.

VCLT

VCLT tracks an index of Long-Term Corporate Bond. Over the year to Oct 28, 2026 it returned −5.9% with distributions reinvested. The prospectus expense ratio is 0.03% a year. It sat 17.8% below its high of Sep 22, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, QQQ or VCLT?
In the year to Oct 28, 2026, with distributions reinvested, QQQ returned +15.2% and VCLT −5.9%.
Which is cheaper, QQQ or VCLT?
VCLT is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, QQQ against VCLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/qqq-vs-vclt

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