IDHQ vs. QQQM
IDHQ (Invesco S&P International Developed High Quality ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - IDHQ is a Foreign Large Cap Equities fund tracking the IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, IDHQ returned 8.73%/yr vs 17.94%/yr for QQQM. A 0.67 correlation means they provide meaningful diversification when combined. IDHQ charges 0.29%/yr vs 0.15%/yr for QQQM.
Performance
IDHQ vs. QQQM - Performance Comparison
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Returns By Period
In the year-to-date period, IDHQ achieves a 19.13% return, which is significantly lower than QQQM's 20.73% return.
IDHQ
- 1D
- 0.56%
- 1M
- 5.80%
- YTD
- 19.13%
- 6M
- 21.07%
- 1Y
- 30.45%
- 3Y*
- 18.88%
- 5Y*
- 8.73%
- 10Y*
- 9.94%
QQQM
- 1D
- -0.54%
- 1M
- 8.67%
- YTD
- 20.73%
- 6M
- 19.22%
- 1Y
- 40.83%
- 3Y*
- 28.64%
- 5Y*
- 17.94%
- 10Y*
- —
IDHQ vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IDHQ Invesco S&P International Developed High Quality ETF | 19.13% | 27.46% | 1.33% | 18.80% | -20.23% | 11.38% | 10.11% |
QQQM Invesco NASDAQ 100 ETF | 20.73% | 20.85% | 25.68% | 55.01% | -32.52% | 27.45% | 6.67% |
Correlation
The correlation between IDHQ and QQQM is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2020 | 0.67 |
The correlation between IDHQ and QQQM has been stable across timeframes, ranging from 0.64 to 0.69 - a consistent structural relationship.
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Return for Risk
IDHQ vs. QQQM — Risk / Return Rank
IDHQ
QQQM
IDHQ vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed High Quality ETF (IDHQ) 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.
| IDHQ | QQQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.44 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 3.43 | -1.15 |
| Martin ratioReturn relative to average drawdown | 9.07 | 13.15 | -4.08 |
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
| IDHQ | QQQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | 2.58 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.81 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.84 | -0.63 |
Drawdowns
IDHQ vs. QQQM - Drawdown Comparison
The maximum IDHQ drawdown since its inception was -73.84%, which is greater than QQQM's maximum drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for IDHQ and QQQM.
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Drawdown Indicators
| IDHQ | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.84% | -35.04% | -38.80% |
Max Drawdown (1Y)Largest decline over 1 year | -13.44% | -11.96% | -1.48% |
Max Drawdown (3Y)Largest decline over 3 years | -14.07% | -22.70% | +8.63% |
Max Drawdown (5Y)Largest decline over 5 years | -33.54% | -35.04% | +1.50% |
Max Drawdown (10Y)Largest decline over 10 years | -33.54% | — | — |
Current DrawdownCurrent decline from peak | -0.41% | -0.75% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -21.19% | -8.24% | -12.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.37% | 3.11% | +0.26% |
Volatility
IDHQ vs. QQQM - Volatility Comparison
Invesco S&P International Developed High Quality ETF (IDHQ) has a higher volatility of 7.36% compared to Invesco NASDAQ 100 ETF (QQQM) at 4.51%. This indicates that IDHQ'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
| IDHQ | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.36% | 4.51% | +2.85% |
Volatility (6M)Calculated over the trailing 6-month period | 16.40% | 12.06% | +4.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.53% | 15.91% | +2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.39% | 22.23% | -4.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.92% | 22.11% | -4.19% |
IDHQ vs. QQQM - Expense Ratio Comparison
IDHQ has a 0.29% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Dividends
IDHQ vs. QQQM - Dividend Comparison
IDHQ's dividend yield for the trailing twelve months is around 2.03%, more than QQQM's 0.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDHQ Invesco S&P International Developed High Quality ETF | 2.03% | 2.46% | 2.41% | 2.52% | 3.33% | 2.10% | 1.60% | 2.10% | 2.67% | 1.68% | 2.36% | 1.71% |
QQQM Invesco NASDAQ 100 ETF | 0.42% | 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
IDHQ and QQQM have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDHQ has higher volatility (7.36%) compared to QQQM (4.51%). In terms of maximum drawdown, IDHQ dropped -73.84% vs QQQM's -35.04%.
On 5-year performance, QQQM leads with 17.94% vs 8.73% for IDHQ. On fees, QQQM is cheaper at 0.15% per year. On volatility, QQQM has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, QQQM has performed better with a 17.94% return vs 8.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QQQM is cheaper with a 0.15% expense ratio, compared with 0.29% for IDHQ.
IDHQ has the higher dividend yield at 2.03%, compared with 0.42% for QQQM.
IDHQ is categorized as Foreign Large Cap Equities, while QQQM is Nasdaq-100. IDHQ tracks IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index, while QQQM tracks NASDAQ-100 Index. Their fees differ too: 0.29% for IDHQ and 0.15% for QQQM.
QQQM currently has the higher Sharpe Ratio (2.58 vs 1.65), 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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