ERNXY vs. QQQM
ERNXY (Euronext N.V) is a stock, while QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, ERNXY returned 11.44%/yr vs 16.03%/yr for QQQM. At a 0.09 correlation, their price movements are largely independent.
Performance
ERNXY vs. QQQM - Performance Comparison
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Returns By Period
In the year-to-date period, ERNXY achieves a 11.04% return, which is significantly lower than QQQM's 15.99% return.
ERNXY
- 1D
- -2.40%
- 1M
- -7.22%
- YTD
- 11.04%
- 6M
- 16.44%
- 1Y
- -2.23%
- 3Y*
- 36.41%
- 5Y*
- 11.44%
- 10Y*
- —
QQQM
- 1D
- -0.42%
- 1M
- -0.84%
- YTD
- 15.99%
- 6M
- 14.21%
- 1Y
- 32.39%
- 3Y*
- 25.97%
- 5Y*
- 16.03%
- 10Y*
- —
ERNXY vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ERNXY Euronext N.V | 11.04% | 41.92% | 33.28% | 15.25% | -15.99% | -10.67% |
QQQM Invesco NASDAQ 100 ETF | 15.99% | 20.85% | 25.68% | 55.01% | -32.52% | 26.28% |
Correlation
The correlation between ERNXY and QQQM is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2021 | 0.09 |
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Return for Risk
ERNXY vs. QQQM — Risk / Return Rank
ERNXY
QQQM
ERNXY vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Euronext N.V (ERNXY) 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.
| ERNXY | QQQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.33 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 2.72 | -2.80 |
| Martin ratioReturn relative to average drawdown | -0.15 | 10.03 | -10.18 |
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Drawdowns
ERNXY vs. QQQM - Drawdown Comparison
The maximum ERNXY drawdown since its inception was -45.40%, which is greater than QQQM's maximum drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for ERNXY and QQQM.
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Drawdown Indicators
| ERNXY | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.40% | -35.04% | -10.36% |
Max Drawdown (1Y)Largest decline over 1 year | -29.19% | -11.96% | -17.23% |
Max Drawdown (3Y)Largest decline over 3 years | -29.19% | -22.70% | -6.49% |
Max Drawdown (5Y)Largest decline over 5 years | -45.40% | -35.04% | -10.36% |
Current DrawdownCurrent decline from peak | -24.54% | -4.64% | -19.90% |
Average DrawdownAverage peak-to-trough decline | -13.52% | -8.20% | -5.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.92% | 3.24% | +11.68% |
Volatility
ERNXY vs. QQQM - Volatility Comparison
Euronext N.V (ERNXY) has a higher volatility of 35.33% compared to Invesco NASDAQ 100 ETF (QQQM) at 9.00%. This indicates that ERNXY'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
| ERNXY | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.33% | 9.00% | +26.33% |
Volatility (6M)Calculated over the trailing 6-month period | 49.31% | 14.39% | +34.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.87% | 17.83% | +37.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.05% | 22.53% | +26.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.95% | 22.29% | +25.66% |
Dividends
ERNXY vs. QQQM - Dividend Comparison
ERNXY's dividend yield for the trailing twelve months is around 2.27%, more than QQQM's 0.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ERNXY Euronext N.V | 2.27% | 2.17% | 1.90% | 2.91% | 2.75% | 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
ERNXY and QQQM have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERNXY has higher volatility (35.33%) compared to QQQM (9.00%). In terms of maximum drawdown, ERNXY dropped -45.40% vs QQQM's -35.04%.
QQQM currently has the higher Sharpe Ratio (1.83 vs -0.04), 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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