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Invesco QQQ ETF (QQQ) Sharpe Ratio: 1.59

ETF · Currency in USD · Last updated Jul 8, 2026

QQQ is a passive exchange-traded fund designed to track the performance of the NASDAQ-100 Index, providing investors with exposure to 100 of the largest non-financial companies listed on the NASDAQ, primarily in the technology sector.

QQQ's Sharpe Ratio of 1.59 indicates that for each unit of volatility, it generates 1.59 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 8, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

QQQ Sharpe Ratio Rank

QQQ Sharpe Ratio Rank: 55.255
Average

QQQ ranks above 55.2% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

QQQ Sharpe Ratio Market Positioning

The chart shows QQQ's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.82 or lower
  • Yellow zone (middle 50%): 0.82 to 1.97
  • Green zone (top 25%): 1.97 or higher
  • Top 1%: 6.67+
  • Median: 1.46 — half of all investments score higher

How it compares to other similar ETFs

The table compares Invesco QQQ ETF's Sharpe Ratio with other ETFs in the Nasdaq-100 category across multiple time periods, showing how QQQ's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 8, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
PQAPPGIM Nasdaq-100 Buffer 12 ETF - April3.53
NAPRInnovator Nasdaq-100 Power Buffer ETF - April3.53
QMARFT Cboe Vest Nasdaq-100 Buffer ETF - March2.93
FTQIFirst Trust Nasdaq BuyWrite Income ETF2.49
QBProShares Nasdaq-100 Dynamic Daily Buffer ETF2.49
QCAPFT Vest NASDAQ-100 Conservative Buffer ETF - April2.31
PBQQPGIM Laddered Nasdaq-100 Buffer 12 ETF2.24
QCJLFT Vest Nasdaq-100 Conservative Buffer ETF - July2.15
PQJAPGIM Nasdaq-100 Buffer 12 ETF - January2.12
QYLDGlobal X NASDAQ 100 Covered Call ETF2.11
QQQInvesco QQQ ETF1.59

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows QQQ's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when QQQ consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does QQQ fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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