DARP vs. QQQM

Last updated Jun 25, 2026

DARP (Grizzle Growth ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - DARP is a Large Cap Growth Equities fund actively managed by Grizzle, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. DARP is actively managed, while QQQM is passively managed. Over the past year, DARP returned 64.67% vs 32.39% for QQQM. Their correlation of 0.87 suggests significant overlap in exposure. DARP charges 0.75%/yr vs 0.15%/yr for QQQM.

Performance

DARP vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grizzle Growth ETF (DARP) 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, DARP achieves a 26.29% return, which is significantly higher than QQQM's 15.99% return.

DARP

• 1D: 0.07%
• 1M: -1.69%
• YTD: 26.29%
• 6M: 25.20%
• 1Y: 64.67%
• 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)

DARP vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DARP Grizzle Growth ETF	26.29%	40.19%	24.63%	6.25%
QQQM Invesco NASDAQ 100 ETF	15.99%	20.85%	25.68%	12.94%

Correlation

The correlation between DARP and QQQM is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Aug 28, 2023	0.87

The correlation between DARP and QQQM has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.

DARP vs. QQQM - Sectors Allocation Comparison

Sectors	DARP	QQQM
Technology	49.5%	58.7%
Communication Services	17.2%	14.3%
Energy	8.2%	0.5%
Industrials	7.7%	2.6%
Consumer Cyclical	5.6%	11.4%
Utilities	4.6%	1.2%
Basic Materials	3.2%	1.0%
Healthcare	1.4%	3.7%
Consumer Defensive	-	6.4%
Financial Services	-	0.2%
Real Estate	-	0.1%

Return for Risk

DARP vs. QQQM — Risk / Return Rank

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

DARP

DARP Risk / Return Rank: 86
DARP Sharpe Ratio Rank: 89
DARP Sortino Ratio Rank: 78
DARP Omega Ratio Rank: 79
DARP Calmar Ratio Rank: 92
DARP Martin Ratio Rank: 91

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.

DARP vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grizzle Growth ETF (DARP) 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.

	DARP	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	2.63	1.83	+0.80
Sortino ratio: Return per unit of downside risk	3.05	2.42	+0.63
Omega ratio: Gain probability vs. loss probability	1.41	1.33	+0.09
Calmar ratio: Return relative to maximum drawdown	5.50	2.72	+2.78
Martin ratio: Return relative to average drawdown	19.42	10.03	+9.39

DARP vs. QQQM - Sharpe Ratio Comparison

The current DARP Sharpe Ratio is 2.63, which is higher than the QQQM Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of DARP 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

DARP vs. QQQM - Drawdown Comparison

The maximum DARP drawdown since its inception was -30.27%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for DARP and QQQM.

Drawdown Indicators

	DARP	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-30.27%	-35.04%	+4.77%
Max Drawdown (1Y) Largest decline over 1 year	-11.82%	-11.96%	+0.14%
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	-5.53%	-4.64%	-0.89%
Average Drawdown Average peak-to-trough decline	-4.64%	-8.20%	+3.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	3.24%	+0.10%

Volatility

DARP vs. QQQM - Volatility Comparison

Grizzle Growth ETF (DARP) has a higher volatility of 10.70% compared to Invesco NASDAQ 100 ETF (QQQM) at 9.00%. This indicates that DARP's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DARP	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.70%	9.00%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	19.06%	14.39%	+4.67%
Volatility (1Y) Calculated over the trailing 1-year period	24.83%	17.83%	+7.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.47%	22.53%	+3.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.47%	22.29%	+4.18%

DARP vs. QQQM - Expense Ratio Comparison

DARP has a 0.75% expense ratio, which is higher than QQQM's 0.15% expense ratio.

Dividends

DARP vs. QQQM - Dividend Comparison

DARP's dividend yield for the trailing twelve months is around 0.34%, less than QQQM's 0.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DARP Grizzle Growth ETF	0.34%	0.43%	1.93%	0.32%	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 DARP and QQQM in my portfolio?

DARP and QQQM have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DARP or QQQM?

DARP has higher volatility (10.70%) compared to QQQM (9.00%). In terms of maximum drawdown, DARP dropped -30.27% vs QQQM's -35.04%.

Which ETF is better, DARP or QQQM?

On 1-year performance, DARP leads with 64.67% vs 32.39% for QQQM. On fees, QQQM is cheaper at 0.15% per year. On volatility, QQQM has been the lower-risk option at 9.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DARP or QQQM?

Over the 1-year period, DARP has performed better with a 64.67% return vs 32.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DARP or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.75% for DARP.

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

QQQM has the higher dividend yield at 0.45%, compared with 0.34% for DARP.

What is the main difference between DARP and QQQM?

DARP is categorized as Large Cap Growth Equities, while QQQM is Nasdaq-100. They also come from different issuers: Grizzle and Invesco. Their fees differ too: 0.75% for DARP and 0.15% for QQQM.

Which has better risk-adjusted returns?

DARP currently has the higher Sharpe Ratio (2.63 vs 1.83), 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.