ERIE vs. QQQM
ERIE (Erie Indemnity Company) is a stock, while QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, ERIE returned 5.41%/yr vs 16.21%/yr for QQQM. At a 0.20 correlation, their price movements are largely independent.
Performance
ERIE vs. QQQM - Performance Comparison
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Returns By Period
In the year-to-date period, ERIE achieves a -18.89% return, which is significantly lower than QQQM's 16.89% return.
ERIE
- 1D
- 0.19%
- 1M
- 3.09%
- YTD
- -18.89%
- 6M
- -18.14%
- 1Y
- -31.31%
- 3Y*
- 4.73%
- 5Y*
- 5.41%
- 10Y*
- 11.62%
QQQM
- 1D
- 0.77%
- 1M
- -1.82%
- YTD
- 16.89%
- 6M
- 15.09%
- 1Y
- 33.06%
- 3Y*
- 26.84%
- 5Y*
- 16.21%
- 10Y*
- —
ERIE vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ERIE Erie Indemnity Company | -18.89% | -29.40% | 24.67% | 37.35% | 32.03% | -19.98% | 8.62% |
QQQM Invesco NASDAQ 100 ETF | 16.89% | 20.85% | 25.68% | 55.01% | -32.52% | 27.45% | 6.64% |
Correlation
The correlation between ERIE and QQQM is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020 | 0.20 |
The correlation between ERIE and QQQM shifts across timeframes, from -0.19 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ERIE vs. QQQM — Risk / Return Rank
ERIE
QQQM
ERIE vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Erie Indemnity Company (ERIE) 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.
| ERIE | QQQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.87 | ||
| Sortino ratioReturn per unit of downside risk | -3.81 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.33 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 2.78 | -3.51 |
| Martin ratioReturn relative to average drawdown | -1.27 | 10.21 | -11.48 |
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Drawdowns
ERIE vs. QQQM - Drawdown Comparison
The maximum ERIE drawdown since its inception was -78.28%, which is greater than QQQM's maximum drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for ERIE and QQQM.
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Drawdown Indicators
| ERIE | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.28% | -35.04% | -43.24% |
Max Drawdown (1Y)Largest decline over 1 year | -42.97% | -11.96% | -31.01% |
Max Drawdown (3Y)Largest decline over 3 years | -60.87% | -22.70% | -38.17% |
Max Drawdown (5Y)Largest decline over 5 years | -60.87% | -35.04% | -25.83% |
Max Drawdown (10Y)Largest decline over 10 years | -60.87% | — | — |
Current DrawdownCurrent decline from peak | -56.58% | -3.91% | -52.67% |
Average DrawdownAverage peak-to-trough decline | -33.59% | -8.19% | -25.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.67% | 3.25% | +21.42% |
Volatility
ERIE vs. QQQM - Volatility Comparison
Erie Indemnity Company (ERIE) has a higher volatility of 11.70% compared to Invesco NASDAQ 100 ETF (QQQM) at 8.84%. This indicates that ERIE'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.
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Volatility by Period
| ERIE | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.70% | 8.84% | +2.86% |
Volatility (6M)Calculated over the trailing 6-month period | 24.63% | 14.40% | +10.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.65% | 17.79% | +13.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.60% | 22.54% | +7.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.28% | 22.29% | +6.99% |
Dividends
ERIE vs. QQQM - Dividend Comparison
ERIE's dividend yield for the trailing twelve months is around 2.46%, more than QQQM's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIE Erie Indemnity Company | 2.46% | 1.90% | 1.24% | 1.42% | 1.79% | 2.15% | 2.39% | 2.17% | 2.52% | 2.57% | 1.95% | 3.61% |
QQQM Invesco NASDAQ 100 ETF | 0.44% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ERIE and QQQM have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERIE has higher volatility (11.70%) compared to QQQM (8.84%). In terms of maximum drawdown, ERIE dropped -78.28% vs QQQM's -35.04%.
QQQM currently has the higher Sharpe Ratio (1.87 vs -1.00), 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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