GOVI vs. QQQM
Compare and contrast key facts about Invesco Equal Weight 0-30 Years Treasury ETF (GOVI) and Invesco NASDAQ 100 ETF (QQQM).
GOVI and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOVI is a passively managed fund by Invesco that tracks the performance of the ICE BofA Laddered Maturity US Treasury (1-30 Y). It was launched on Oct 11, 2007. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both GOVI and QQQM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GOVI vs. QQQM - Performance Comparison
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GOVI vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GOVI Invesco Equal Weight 0-30 Years Treasury ETF | -0.26% | 5.84% | -2.95% | 3.31% | -19.98% | -3.76% | -1.44% |
QQQM Invesco NASDAQ 100 ETF | -4.75% | 20.85% | 25.68% | 55.01% | -32.52% | 27.45% | 6.67% |
Returns By Period
In the year-to-date period, GOVI achieves a -0.26% return, which is significantly higher than QQQM's -4.75% return.
GOVI
- 1D
- -0.20%
- 1M
- -2.46%
- YTD
- -0.26%
- 6M
- -0.32%
- 1Y
- 1.09%
- 3Y*
- 0.32%
- 5Y*
- -2.44%
- 10Y*
- 0.08%
QQQM
- 1D
- 1.24%
- 1M
- -3.78%
- YTD
- -4.75%
- 6M
- -2.87%
- 1Y
- 24.28%
- 3Y*
- 22.91%
- 5Y*
- 13.24%
- 10Y*
- —
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GOVI vs. QQQM - Expense Ratio Comparison
Both GOVI and QQQM have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
GOVI vs. QQQM — Risk / Return Rank
GOVI
QQQM
GOVI vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equal Weight 0-30 Years Treasury ETF (GOVI) 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.
| GOVI | QQQM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.15 | 1.09 | -0.94 |
Sortino ratioReturn per unit of downside risk | 0.25 | 1.68 | -1.42 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.24 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 0.28 | 2.02 | -1.74 |
Martin ratioReturn relative to average drawdown | 0.65 | 7.35 | -6.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GOVI | QQQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 1.09 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.25 | 0.60 | -0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.64 | -0.32 |
Correlation
The correlation between GOVI and QQQM is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GOVI vs. QQQM - Dividend Comparison
GOVI's dividend yield for the trailing twelve months is around 3.82%, more than QQQM's 0.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOVI Invesco Equal Weight 0-30 Years Treasury ETF | 3.82% | 3.75% | 3.56% | 2.87% | 1.97% | 1.15% | 1.00% | 1.96% | 2.14% | 2.02% | 2.00% | 2.14% |
QQQM Invesco NASDAQ 100 ETF | 0.53% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GOVI vs. QQQM - Drawdown Comparison
The maximum GOVI drawdown since its inception was -32.70%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for GOVI and QQQM.
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Drawdown Indicators
| GOVI | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.70% | -35.04% | +2.34% |
Max Drawdown (1Y)Largest decline over 1 year | -5.83% | -12.55% | +6.72% |
Max Drawdown (5Y)Largest decline over 5 years | -28.30% | -35.04% | +6.74% |
Max Drawdown (10Y)Largest decline over 10 years | -32.70% | — | — |
Current DrawdownCurrent decline from peak | -22.15% | -7.86% | -14.29% |
Average DrawdownAverage peak-to-trough decline | -9.53% | -8.47% | -1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 3.44% | -0.92% |
Volatility
GOVI vs. QQQM - Volatility Comparison
The current volatility for Invesco Equal Weight 0-30 Years Treasury ETF (GOVI) is 2.69%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 6.58%. This indicates that GOVI 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.
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Volatility by Period
| GOVI | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 6.58% | -3.89% |
Volatility (6M)Calculated over the trailing 6-month period | 4.43% | 12.79% | -8.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.51% | 22.45% | -14.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.85% | 22.24% | -12.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.10% | 22.26% | -13.16% |