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IGM vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGM and QQQ is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

IGM vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Expanded Tech Sector ETF (IGM) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

1,000.00%1,100.00%1,200.00%1,300.00%1,400.00%JulyAugustSeptemberOctoberNovemberDecember
1,203.60%
1,307.79%
IGM
QQQ

Key characteristics

Sharpe Ratio

IGM:

1.93

QQQ:

1.64

Sortino Ratio

IGM:

2.54

QQQ:

2.19

Omega Ratio

IGM:

1.34

QQQ:

1.30

Calmar Ratio

IGM:

2.80

QQQ:

2.16

Martin Ratio

IGM:

10.03

QQQ:

7.79

Ulcer Index

IGM:

4.12%

QQQ:

3.76%

Daily Std Dev

IGM:

21.43%

QQQ:

17.85%

Max Drawdown

IGM:

-65.59%

QQQ:

-82.98%

Current Drawdown

IGM:

-3.20%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, IGM achieves a 38.86% return, which is significantly higher than QQQ's 27.20% return. Over the past 10 years, IGM has outperformed QQQ with an annualized return of 20.28%, while QQQ has yielded a comparatively lower 18.36% annualized return.


IGM

YTD

38.86%

1M

3.27%

6M

10.15%

1Y

39.33%

5Y*

21.32%

10Y*

20.28%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IGM vs. QQQ - Expense Ratio Comparison

IGM has a 0.46% expense ratio, which is higher than QQQ's 0.20% expense ratio.


IGM
iShares Expanded Tech Sector ETF
Expense ratio chart for IGM: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

IGM vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech Sector ETF (IGM) and Invesco QQQ (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.


Sharpe ratio
The chart of Sharpe ratio for IGM, currently valued at 1.93, compared to the broader market0.002.004.001.931.64
The chart of Sortino ratio for IGM, currently valued at 2.54, compared to the broader market-2.000.002.004.006.008.0010.002.542.19
The chart of Omega ratio for IGM, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.30
The chart of Calmar ratio for IGM, currently valued at 2.80, compared to the broader market0.005.0010.0015.002.802.16
The chart of Martin ratio for IGM, currently valued at 10.03, compared to the broader market0.0020.0040.0060.0080.00100.0010.037.79
IGM
QQQ

The current IGM Sharpe Ratio is 1.93, which is comparable to the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of IGM and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.93
1.64
IGM
QQQ

Dividends

IGM vs. QQQ - Dividend Comparison

IGM's dividend yield for the trailing twelve months is around 0.22%, less than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
IGM
iShares Expanded Tech Sector ETF
0.22%0.52%0.53%0.16%0.32%0.50%0.57%0.57%0.90%0.79%0.88%0.78%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

IGM vs. QQQ - Drawdown Comparison

The maximum IGM drawdown since its inception was -65.59%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for IGM and QQQ. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.20%
-3.63%
IGM
QQQ

Volatility

IGM vs. QQQ - Volatility Comparison

iShares Expanded Tech Sector ETF (IGM) has a higher volatility of 5.81% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that IGM's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.81%
5.29%
IGM
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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