HYP vs. IQM

Last updated Jun 6, 2026

HYP (Golden Eagle Dynamic Hypergrowth ETF) and IQM (Franklin Intelligent Machines ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. HYP charges 0.85%/yr vs 0.50%/yr for IQM.

Performance

HYP vs. IQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Golden Eagle Dynamic Hypergrowth ETF (HYP) and Franklin Intelligent Machines ETF (IQM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HYP achieves a 20.07% return, which is significantly lower than IQM's 27.43% return.

HYP

• 1D: -9.65%
• 1M: -5.16%
• YTD: 20.07%
• 6M: 17.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IQM

• 1D: -7.99%
• 1M: -1.95%
• YTD: 27.43%
• 6M: 24.00%
• 1Y: 60.81%
• 3Y*: 33.28%
• 5Y*: 19.91%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYP vs. IQM - Yearly Performance Comparison

	2026 (YTD)	2025
HYP Golden Eagle Dynamic Hypergrowth ETF	20.07%	-5.01%
IQM Franklin Intelligent Machines ETF	27.43%	0.14%

Correlation

The correlation between HYP and IQM is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.82

Return for Risk

HYP vs. IQM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IQM

IQM Risk / Return Rank: 67
IQM Sharpe Ratio Rank: 65
IQM Sortino Ratio Rank: 53
IQM Omega Ratio Rank: 59
IQM Calmar Ratio Rank: 82
IQM Martin Ratio Rank: 74

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.

HYP vs. IQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Golden Eagle Dynamic Hypergrowth ETF (HYP) and Franklin Intelligent Machines ETF (IQM). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HYP	IQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.89	-0.40

Drawdowns

HYP vs. IQM - Drawdown Comparison

The maximum HYP drawdown since its inception was -19.58%, smaller than the maximum IQM drawdown of -44.91%. Use the drawdown chart below to compare losses from any high point for HYP and IQM.

Drawdown Indicators

	HYP	IQM	Difference
Max Drawdown Largest peak-to-trough decline	-19.58%	-44.91%	+25.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.71%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-30.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.91%	—
Current Drawdown Current decline from peak	-10.65%	-9.44%	-1.21%
Average Drawdown Average peak-to-trough decline	-6.45%	-12.24%	+5.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.52%	—

Volatility

Volatility by Period

	HYP	IQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.45%	29.45%	+13.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.45%	29.11%	+13.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.45%	30.87%	+11.58%

HYP vs. IQM - Expense Ratio Comparison

HYP has a 0.85% expense ratio, which is higher than IQM's 0.50% expense ratio.

Dividends

HYP vs. IQM - Dividend Comparison

HYP's dividend yield for the trailing twelve months is around 0.11%, while IQM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
HYP Golden Eagle Dynamic Hypergrowth ETF	0.11%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%
IQM Franklin Intelligent Machines ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.01%

Frequently Asked Questions

Can I hold both HYP and IQM in my portfolio?

HYP and IQM have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HYP or IQM?

On fees, IQM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYP or IQM?

IQM is cheaper with a 0.50% expense ratio, compared with 0.85% for HYP.

Which ETF pays a higher dividend yield, HYP or IQM?

HYP has the higher dividend yield at 0.11%, compared with 0.00% for IQM.

What is the main difference between HYP and IQM?

They also come from different issuers: Golden Eagle and Franklin Templeton. Their fees differ too: 0.85% for HYP and 0.50% for IQM.