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ECH vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ECH vs. QQQ

Last updated Jun 24, 2026

ECH (iShares MSCI Chile ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - ECH is a Foreign Large Cap Equities fund tracking the MSCI Chile Investable Market Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, ECH returned 4.49%/yr vs 22.07%/yr for QQQ. At a 0.45 correlation, their price movements are largely independent. ECH charges 0.59%/yr vs 0.18%/yr for QQQ.

Performance

ECH vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Chile ETF (ECH) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ECH achieves a 0.19% return, which is significantly lower than QQQ's 16.45% return. Over the past 10 years, ECH has underperformed QQQ with an annualized return of 4.49%, while QQQ has yielded a comparatively higher 22.07% annualized return.

ECH

1D
-2.38%
1M
0.47%
YTD
0.19%
6M
1.60%
1Y
35.27%
3Y*
14.56%
5Y*
10.67%
10Y*
4.49%

QQQ

1D
-3.29%
1M
-0.43%
YTD
16.45%
6M
14.99%
1Y
34.88%
3Y*
26.05%
5Y*
16.01%
10Y*
22.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ECH vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ECH
iShares MSCI Chile ETF		0.19%65.41%-8.67%9.01%25.12%-19.80%-7.13%-17.79%-18.98%41.79%
QQQ
Invesco QQQ ETF		16.45%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%

Correlation

The correlation between ECH and QQQ is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.49

Correlation (3Y)
Calculated over the trailing 3-year period

0.41

Correlation (5Y)
Calculated over the trailing 5-year period

0.40

Correlation (10Y)
Calculated over the trailing 10-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Nov 20, 2007

0.45

ECH vs. QQQ - Sectors Allocation Comparison

Sectors
ECH
QQQ

Financial Services

21.8%
0.2%

Basic Materials

20.1%
1.0%

Industrials

15.7%
2.6%

Utilities

12.9%
1.2%

Consumer Cyclical

12.4%
11.4%

Real Estate

7.7%
0.1%

Consumer Defensive

7.6%
6.4%

Communication Services

1.7%
14.3%

Energy

-

0.5%

Healthcare

-

3.7%

Technology

-

58.7%

Financial Services

ECH
21.8%
QQQ
0.2%

Basic Materials

ECH
20.1%
QQQ
1.0%

Industrials

ECH
15.7%
QQQ
2.6%

Utilities

ECH
12.9%
QQQ
1.2%

Consumer Cyclical

ECH
12.4%
QQQ
11.4%

Real Estate

ECH
7.7%
QQQ
0.1%

Consumer Defensive

ECH
7.6%
QQQ
6.4%

Communication Services

ECH
1.7%
QQQ
14.3%

Energy

ECH

-

QQQ
0.5%

Healthcare

ECH

-

QQQ
3.7%

Technology

ECH

-

QQQ
58.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Chile ETF

Invesco QQQ ETF

Often compared with ECH:
ECH vs. EWZECH vs. EWWECH vs. EPUECH vs. EWZSECH vs. EPOLECH vs. EWYECH vs. SCHD
Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. SMHQQQ vs. QQQMQQQ vs. SPMO

Return for Risk

ECH vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ECH
ECH Risk / Return Rank: 3737
Overall Rank
ECH Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
ECH Sortino Ratio Rank: 3939
Sortino Ratio Rank
ECH Omega Ratio Rank: 3838
Omega Ratio Rank
ECH Calmar Ratio Rank: 3838
Calmar Ratio Rank
ECH Martin Ratio Rank: 3030
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 5959
Overall Rank
QQQ Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 5555
Sortino Ratio Rank
QQQ Omega Ratio Rank: 5858
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6161
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6262
Martin Ratio Rank
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.

ECH vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Chile ETF (ECH) and Invesco QQQ ETF (QQQ). 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.

ECHQQQDifference
Sharpe ratioReturn per unit of total volatility
1.38
1.95

-0.57

Sortino ratioReturn per unit of downside risk
1.92
2.57

-0.64

Omega ratioGain probability vs. loss probability

1.24

1.35

-0.11

Calmar ratioReturn relative to maximum drawdown

1.80

2.93

-1.13

Martin ratioReturn relative to average drawdown

4.20

10.86

-6.66

ECH vs. QQQ - Sharpe Ratio Comparison

The current ECH Sharpe Ratio is 1.38, which is comparable to the QQQ Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of ECH and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ECH vs. QQQ - Drawdown Comparison

The maximum ECH drawdown since its inception was -74.08%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for ECH and QQQ.

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Drawdown Indicators

ECHQQQDifference

Max Drawdown

Largest peak-to-trough decline

-74.08%

-82.97%

+8.89%

Max Drawdown (1Y)

Largest decline over 1 year

-19.74%

-11.96%

-7.78%

Max Drawdown (3Y)

Largest decline over 3 years

-25.59%

-22.77%

-2.82%

Max Drawdown (5Y)

Largest decline over 5 years

-25.59%

-35.12%

+9.53%

Max Drawdown (10Y)

Largest decline over 10 years

-66.89%

-35.12%

-31.77%

Current Drawdown

Current decline from peak

-25.55%

-4.25%

-21.30%

Average Drawdown

Average peak-to-trough decline

-37.48%

-32.73%

-4.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.42%

3.22%

+5.20%

Volatility

ECH vs. QQQ - Volatility Comparison

iShares MSCI Chile ETF (ECH) and Invesco QQQ ETF (QQQ) have volatilities of 8.96% and 9.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ECHQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.96%

9.17%

-0.21%

Volatility (6M)

Calculated over the trailing 6-month period

21.27%

14.57%

+6.70%

Volatility (1Y)

Calculated over the trailing 1-year period

25.61%

17.96%

+7.65%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.64%

22.69%

+4.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.24%

22.42%

+4.82%

ECH vs. QQQ - Expense Ratio Comparison

ECH has a 0.59% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

ECH vs. QQQ - Dividend Comparison

ECH's dividend yield for the trailing twelve months is around 1.97%, more than QQQ's 0.43% yield.

PositionTTM20252024202320222021202020192018201720162015
ECH
iShares MSCI Chile ETF		1.97%2.01%3.12%4.77%6.73%5.49%2.16%2.47%2.37%1.42%1.85%2.13%
QQQ
Invesco QQQ ETF		0.43%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%

Frequently Asked Questions

ECH and QQQ have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QQQ has higher volatility (9.17%) compared to ECH (8.96%). In terms of maximum drawdown, ECH dropped -74.08% vs QQQ's -82.97%.

On 10-year performance, QQQ leads with 22.07% vs 4.49% for ECH. On fees, QQQ is cheaper at 0.18% per year. On volatility, ECH has been the lower-risk option at 8.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, QQQ has performed better with a 22.07% return vs 4.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QQQ is cheaper with a 0.18% expense ratio, compared with 0.59% for ECH.

ECH has the higher dividend yield at 1.97%, compared with 0.43% for QQQ.

ECH is categorized as Foreign Large Cap Equities, while QQQ is Nasdaq-100. ECH tracks MSCI Chile Investable Market Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.59% for ECH and 0.18% for QQQ.

QQQ currently has the higher Sharpe Ratio (1.95 vs 1.38), 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.

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