HEAL vs. QQQ
HEAL (Global X HealthTech ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - HEAL is a Health & Biotech Equities fund tracking the Global X HealthTech Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, HEAL returned -12.95%/yr vs 14.45%/yr for QQQ. Their 0.62 correlation means they have sometimes moved together and sometimes differently. HEAL charges 0.50%/yr vs 0.18%/yr for QQQ.
Performance
HEAL vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, HEAL achieves a -5.19% return, which is significantly lower than QQQ's 14.23% return.
HEAL
- 1D
- 2.94%
- 1M
- -4.37%
- 6M
- -2.05%
- YTD
- -5.19%
- 1Y
- -10.31%
- 3Y*
- -6.93%
- 5Y*
- -12.95%
- 10Y*
- —
- ALL TIME*
- -9.16%
QQQ
- 1D
- 1.76%
- 1M
- -1.76%
- 6M
- 12.07%
- YTD
- 14.23%
- 1Y
- 27.00%
- 3Y*
- 24.17%
- 5Y*
- 14.45%
- 10Y*
- 20.46%
- ALL TIME*
- 10.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $260.96K | $227.88K | $213.27K | |
| $31.40B | $28.17B | $31.69B |
HEAL vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HEAL Global X HealthTech ETF | -5.19% | -0.62% | -2.87% | -12.61% | -29.99% | -14.21% | 16.89% |
QQQ Invesco QQQ ETF | 14.23% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 21.17% |
Correlation
The correlation between HEAL and QQQ is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.62 |
The correlation between HEAL and QQQ shifts across timeframes, from 0.42 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.
HEAL vs. QQQ - Sectors Allocation Comparison
Sectors
HEAL
QQQ
Healthcare
Technology
Basic Materials
-
Communication Services
-
Consumer Cyclical
-
Consumer Defensive
-
Energy
-
Financial Services
-
Industrials
-
Real Estate
-
Utilities
-
Healthcare
HEAL
QQQ
Technology
HEAL
QQQ
Basic Materials
HEAL
-
QQQ
Communication Services
HEAL
-
QQQ
Consumer Cyclical
HEAL
-
QQQ
Consumer Defensive
HEAL
-
QQQ
Energy
HEAL
-
QQQ
Financial Services
HEAL
-
QQQ
Industrials
HEAL
-
QQQ
Real Estate
HEAL
-
QQQ
Utilities
HEAL
-
QQQ
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Return for Risk
HEAL vs. QQQ — Risk / Return Rank
HEAL
QQQ
HEAL vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X HealthTech ETF (HEAL) 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.
| HEAL | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.25 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 2.27 | -2.60 |
| Martin ratioReturn relative to average drawdown | -0.61 | 7.21 | -7.82 |
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Drawdowns
HEAL vs. QQQ - Drawdown Comparison
The maximum HEAL drawdown since its inception was -65.76%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for HEAL and QQQ.
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Drawdown Indicators
| HEAL | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -82.97% | +17.21% |
Max Drawdown (1Y)Largest decline over 1 year | -30.71% | -11.96% | -18.75% |
Max Drawdown (3Y)Largest decline over 3 years | -34.56% | -22.77% | -11.79% |
Max Drawdown (5Y)Largest decline over 5 years | -59.14% | -35.12% | -24.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -59.07% | -6.07% | -53.00% |
Average DrawdownAverage peak-to-trough decline | -43.49% | -32.61% | -10.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.90% | 3.76% | +13.14% |
Volatility
HEAL vs. QQQ - Volatility Comparison
Global X HealthTech ETF (HEAL) and Invesco QQQ ETF (QQQ) have volatilities of 6.91% and 6.96%, 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
| HEAL | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 6.96% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 17.44% | 16.12% | +1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.91% | 19.37% | +3.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.67% | 22.92% | +3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.27% | 22.51% | +3.76% |
HEAL vs. QQQ - Expense Ratio Comparison
HEAL has a 0.50% expense ratio, which is higher than QQQ's 0.18% expense ratio.
Dividends
HEAL vs. QQQ - Dividend Comparison
HEAL's dividend yield for the trailing twelve months is around 0.26%, less than QQQ's 0.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEAL Global X HealthTech ETF | 0.26% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
HEAL and QQQ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQ has higher volatility (6.96%) compared to HEAL (6.91%). In terms of maximum drawdown, HEAL dropped -65.76% vs QQQ's -82.97%.
On 5-year performance, QQQ leads with 14.45% vs -12.95% for HEAL. On fees, QQQ is cheaper at 0.18% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, QQQ has performed better with a 14.45% return vs -12.95%. 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 0.50% for HEAL.
QQQ has the higher dividend yield at 0.43%, compared with 0.26% for HEAL.
HEAL is categorized as Health & Biotech Equities, while QQQ is Nasdaq-100. HEAL tracks Global X HealthTech Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.50% for HEAL and 0.18% for QQQ.
QQQ currently has the higher Sharpe Ratio (1.40 vs -0.45), 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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