CGIE vs. QQQM

Last updated Jun 25, 2026

CGIE (Capital Group International Equity ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - CGIE is a Foreign Large Cap Equities fund actively managed by Capital Group, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. CGIE is actively managed, while QQQM is passively managed. Over the past year, CGIE returned 12.69% vs 32.39% for QQQM. A 0.68 correlation means they provide meaningful diversification when combined. CGIE charges 0.54%/yr vs 0.15%/yr for QQQM.

Performance

CGIE vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group International Equity ETF (CGIE) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGIE achieves a 4.31% return, which is significantly lower than QQQM's 15.99% return.

CGIE

• 1D: -0.06%
• 1M: 0.58%
• YTD: 4.31%
• 6M: 3.99%
• 1Y: 12.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQM

• 1D: -0.42%
• 1M: -0.84%
• YTD: 15.99%
• 6M: 14.21%
• 1Y: 32.39%
• 3Y*: 25.97%
• 5Y*: 16.03%
• 10Y*: —

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

CGIE vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CGIE Capital Group International Equity ETF	4.31%	28.11%	0.72%	11.75%
QQQM Invesco NASDAQ 100 ETF	15.99%	20.85%	25.68%	15.66%

Correlation

The correlation between CGIE and QQQM is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023	0.68

The correlation between CGIE and QQQM has been stable across timeframes, ranging from 0.68 to 0.72 - a consistent structural relationship.

CGIE vs. QQQM - Sectors Allocation Comparison

Sectors	CGIE	QQQM
Industrials	26.5%	2.6%
Financial Services	20.5%	0.2%
Technology	19.5%	58.7%
Healthcare	7.4%	3.7%
Consumer Defensive	6.9%	6.4%
Utilities	6.4%	1.2%
Basic Materials	4.0%	1.0%
Energy	3.7%	0.5%
Consumer Cyclical	2.7%	11.4%
Communication Services	2.5%	14.3%
Real Estate	-	0.1%

Return for Risk

CGIE vs. QQQM — Risk / Return Rank

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

CGIE

CGIE Risk / Return Rank: 25
CGIE Sharpe Ratio Rank: 24
CGIE Sortino Ratio Rank: 23
CGIE Omega Ratio Rank: 22
CGIE Calmar Ratio Rank: 24
CGIE Martin Ratio Rank: 30

QQQM

QQQM Risk / Return Rank: 60
QQQM Sharpe Ratio Rank: 61
QQQM Sortino Ratio Rank: 56
QQQM Omega Ratio Rank: 59
QQQM Calmar Ratio Rank: 61
QQQM Martin Ratio Rank: 62

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.

CGIE vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Equity ETF (CGIE) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CGIE	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	0.77	1.83	-1.07
Sortino ratio: Return per unit of downside risk	1.18	2.42	-1.24
Omega ratio: Gain probability vs. loss probability	1.14	1.33	-0.18
Calmar ratio: Return relative to maximum drawdown	1.07	2.72	-1.65
Martin ratio: Return relative to average drawdown	3.97	10.03	-6.06

CGIE vs. QQQM - Sharpe Ratio Comparison

The current CGIE Sharpe Ratio is 0.77, which is lower than the QQQM Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of CGIE and QQQM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CGIE vs. QQQM - Drawdown Comparison

The maximum CGIE drawdown since its inception was -13.82%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for CGIE and QQQM.

Drawdown Indicators

	CGIE	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-13.82%	-35.04%	+21.22%
Max Drawdown (1Y) Largest decline over 1 year	-11.94%	-11.96%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.04%	—
Current Drawdown Current decline from peak	-2.18%	-4.64%	+2.46%
Average Drawdown Average peak-to-trough decline	-2.54%	-8.20%	+5.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	3.24%	-0.03%

Volatility

CGIE vs. QQQM - Volatility Comparison

The current volatility for Capital Group International Equity ETF (CGIE) is 5.70%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 9.00%. This indicates that CGIE experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGIE	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	9.00%	-3.30%
Volatility (6M) Calculated over the trailing 6-month period	14.40%	14.39%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	16.70%	17.83%	-1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.69%	22.53%	-6.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	22.29%	-6.60%

CGIE vs. QQQM - Expense Ratio Comparison

CGIE has a 0.54% expense ratio, which is higher than QQQM's 0.15% expense ratio.

Dividends

CGIE vs. QQQM - Dividend Comparison

CGIE's dividend yield for the trailing twelve months is around 1.12%, more than QQQM's 0.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
CGIE Capital Group International Equity ETF	1.12%	1.17%	1.27%	0.19%	0.00%	0.00%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.45%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Frequently Asked Questions

Can I hold both CGIE and QQQM in my portfolio?

CGIE and QQQM have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGIE or QQQM?

QQQM has higher volatility (9.00%) compared to CGIE (5.70%). In terms of maximum drawdown, CGIE dropped -13.82% vs QQQM's -35.04%.

Which ETF is better, CGIE or QQQM?

On 1-year performance, QQQM leads with 32.39% vs 12.69% for CGIE. On fees, QQQM is cheaper at 0.15% per year. On volatility, CGIE has been the lower-risk option at 5.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGIE or QQQM?

Over the 1-year period, QQQM has performed better with a 32.39% return vs 12.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGIE or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.54% for CGIE.

Which ETF pays a higher dividend yield, CGIE or QQQM?

CGIE has the higher dividend yield at 1.12%, compared with 0.45% for QQQM.

What is the main difference between CGIE and QQQM?

CGIE is categorized as Foreign Large Cap Equities, while QQQM is Nasdaq-100. They also come from different issuers: Capital Group and Invesco. Their fees differ too: 0.54% for CGIE and 0.15% for QQQM.

Which has better risk-adjusted returns?

QQQM currently has the higher Sharpe Ratio (1.83 vs 0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.