IHAK vs. QQQ

Last updated Jun 5, 2026

IHAK (iShares Cybersecurity & Tech ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - IHAK is a Technology Equities fund tracking the NYSE FactSet Global Cyber Security Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, IHAK returned 7.79%/yr vs 17.86%/yr for QQQ. A 0.74 correlation means they provide meaningful diversification when combined. IHAK charges 0.47%/yr vs 0.18%/yr for QQQ.

Performance

IHAK vs. QQQ - Performance Comparison

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

Returns By Period

In the year-to-date period, IHAK achieves a 22.96% return, which is significantly higher than QQQ's 20.71% return.

IHAK

• 1D: -0.22%
• 1M: 19.29%
• YTD: 22.96%
• 6M: 19.22%
• 1Y: 14.94%
• 3Y*: 17.49%
• 5Y*: 7.79%
• 10Y*: —

QQQ

• 1D: -0.48%
• 1M: 8.66%
• YTD: 20.71%
• 6M: 19.19%
• 1Y: 40.74%
• 3Y*: 28.54%
• 5Y*: 17.86%
• 10Y*: 21.84%

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

IHAK vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IHAK iShares Cybersecurity & Tech ETF	22.96%	-1.29%	7.60%	37.77%	-25.81%	11.13%	51.22%	6.66%
QQQ Invesco QQQ ETF	20.71%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	16.66%

Correlation

The correlation between IHAK and QQQ is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019	0.74

Over the past year, the correlation between IHAK and QQQ has dropped to 0.53 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.

IHAK vs. QQQ - Sectors Allocation Comparison

Sectors	IHAK	QQQ
Technology	95.8%	53.8%
Industrials	3.3%	2.8%
Communication Services	0.4%	15.8%
Basic Materials	-	1.1%
Consumer Cyclical	-	12.3%
Consumer Defensive	-	7.7%
Energy	-	0.6%
Financial Services	-	0.2%
Healthcare	-	4.2%
Real Estate	-	0.1%
Utilities	-	1.4%

Return for Risk

IHAK vs. QQQ — Risk / Return Rank

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

IHAK

IHAK Risk / Return Rank: 19
IHAK Sharpe Ratio Rank: 20
IHAK Sortino Ratio Rank: 20
IHAK Omega Ratio Rank: 20
IHAK Calmar Ratio Rank: 17
IHAK Martin Ratio Rank: 16

QQQ

QQQ Risk / Return Rank: 74
QQQ Sharpe Ratio Rank: 80
QQQ Sortino Ratio Rank: 76
QQQ Omega Ratio Rank: 75
QQQ Calmar Ratio Rank: 70
QQQ Martin Ratio Rank: 71

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.

IHAK vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Cybersecurity & Tech ETF (IHAK) 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.

	IHAK	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	0.62	2.57	-1.94
Sortino ratio: Return per unit of downside risk	0.98	3.37	-2.39
Omega ratio: Gain probability vs. loss probability	1.13	1.44	-0.31
Calmar ratio: Return relative to maximum drawdown	0.64	3.42	-2.78
Martin ratio: Return relative to average drawdown	1.50	13.14	-11.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHAK vs. QQQ - Sharpe Ratio Comparison

The current IHAK Sharpe Ratio is 0.62, which is lower than the QQQ Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of IHAK and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IHAK	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	2.57	-1.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.80	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.41	+0.14

Drawdowns

IHAK vs. QQQ - Drawdown Comparison

The maximum IHAK drawdown since its inception was -34.42%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for IHAK and QQQ.

Drawdown Indicators

	IHAK	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-34.42%	-82.97%	+48.55%
Max Drawdown (1Y) Largest decline over 1 year	-23.48%	-11.96%	-11.52%
Max Drawdown (3Y) Largest decline over 3 years	-23.48%	-22.77%	-0.71%
Max Drawdown (5Y) Largest decline over 5 years	-34.42%	-35.12%	+0.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-3.03%	-0.74%	-2.29%
Average Drawdown Average peak-to-trough decline	-10.76%	-32.78%	+22.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.98%	3.11%	+6.87%

Volatility

IHAK vs. QQQ - Volatility Comparison

iShares Cybersecurity & Tech ETF (IHAK) has a higher volatility of 9.43% compared to Invesco QQQ ETF (QQQ) at 4.51%. This indicates that IHAK'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.

Volatility by Period

	IHAK	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.43%	4.51%	+4.92%
Volatility (6M) Calculated over the trailing 6-month period	19.92%	12.10%	+7.82%
Volatility (1Y) Calculated over the trailing 1-year period	24.03%	15.94%	+8.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.57%	22.37%	+1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.41%	22.29%	+2.12%

IHAK vs. QQQ - Expense Ratio Comparison

IHAK has a 0.47% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

IHAK vs. QQQ - Dividend Comparison

IHAK's dividend yield for the trailing twelve months is around 0.07%, less than QQQ's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHAK iShares Cybersecurity & Tech ETF	0.07%	0.08%	0.20%	0.13%	0.25%	0.50%	0.40%	0.50%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.38%	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

Can I hold both IHAK and QQQ in my portfolio?

IHAK and QQQ have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IHAK or QQQ?

IHAK has higher volatility (9.43%) compared to QQQ (4.51%). In terms of maximum drawdown, IHAK dropped -34.42% vs QQQ's -82.97%.

Which ETF is better, IHAK or QQQ?

On 5-year performance, QQQ leads with 17.86% vs 7.79% for IHAK. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IHAK or QQQ?

Over the 5-year period, QQQ has performed better with a 17.86% return vs 7.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IHAK or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.47% for IHAK.

Which ETF pays a higher dividend yield, IHAK or QQQ?

QQQ has the higher dividend yield at 0.38%, compared with 0.07% for IHAK.

What is the main difference between IHAK and QQQ?

IHAK is categorized as Technology Equities, while QQQ is Nasdaq-100. IHAK tracks NYSE FactSet Global Cyber Security Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.47% for IHAK and 0.18% for QQQ.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.57 vs 0.62), 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.