AIPO vs. QQQM

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance AI & Power Infrastructure ETF (AIPO) and Invesco NASDAQ 100 ETF (QQQM).

AIPO and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIPO is a passively managed fund by Defiance that tracks the performance of the MarketVector™ US Listed AI and Power Infrastructure Index. It was launched on Jul 24, 2025. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both AIPO and QQQM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AIPO vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance AI & Power Infrastructure ETF (AIPO) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

AIPO vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025
AIPO Defiance AI & Power Infrastructure ETF	12.84%	8.68%
QQQM Invesco NASDAQ 100 ETF	-5.92%	8.76%

Returns By Period

In the year-to-date period, AIPO achieves a 12.84% return, which is significantly higher than QQQM's -5.92% return.

AIPO

• 1D: 4.70%
• 1M: -4.73%
• YTD: 12.84%
• 6M: 10.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQM

• 1D: 3.37%
• 1M: -4.84%
• YTD: -5.92%
• 6M: -3.59%
• 1Y: 23.76%
• 3Y*: 22.41%
• 5Y*: 12.96%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIPO vs. QQQM - Expense Ratio Comparison

AIPO has a 0.69% expense ratio, which is higher than QQQM's 0.15% expense ratio.

AIPO

Defiance AI & Power Infrastructure ETF

QQQM

Invesco NASDAQ 100 ETF

Return for Risk

AIPO vs. QQQM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQQM

QQQM Risk / Return Rank: 70
QQQM Sharpe Ratio Rank: 64
QQQM Sortino Ratio Rank: 69
QQQM Omega Ratio Rank: 68
QQQM Calmar Ratio Rank: 76
QQQM Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIPO vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance AI & Power Infrastructure ETF (AIPO) and Invesco NASDAQ 100 ETF (QQQM). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AIPO	QQQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.63	+0.41

Correlation

The correlation between AIPO and QQQM is 0.74, 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.

Dividends

AIPO vs. QQQM - Dividend Comparison

AIPO's dividend yield for the trailing twelve months is around 0.01%, less than QQQM's 0.53% yield.

	TTM	2025	2024	2023	2022	2021	2020
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.53%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Drawdowns

AIPO vs. QQQM - Drawdown Comparison

The maximum AIPO drawdown since its inception was -17.31%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for AIPO and QQQM.

Drawdown Indicators

	AIPO	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-17.31%	-35.04%	+17.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.04%	—
Current Drawdown Current decline from peak	-7.04%	-8.99%	+1.95%
Average Drawdown Average peak-to-trough decline	-5.03%	-8.47%	+3.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.41%	—

Volatility

Volatility by Period

	AIPO	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.05%	22.42%	+11.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.05%	22.25%	+11.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.05%	22.27%	+11.78%