IQQ vs. FTQI
IQQ (iShares Nasdaq 100 ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both Nasdaq-100 funds tracking the NASDAQ-100 Index, from iShares and First Trust respectively. Both are passively managed. Their correlation of 0.92 suggests significant overlap in exposure. IQQ charges 0.10%/yr vs 0.75%/yr for FTQI.
Performance
IQQ vs. FTQI - Performance Comparison
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Returns By Period
IQQ
- 1D
- 1.87%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FTQI
- 1D
- 1.25%
- 1M
- 1.94%
- 6M
- 14.15%
- YTD
- 13.54%
- 1Y
- 26.77%
- 3Y*
- 17.02%
- 5Y*
- 12.32%
- 10Y*
- 8.26%
- ALL TIME*
- 7.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $42.46M | $42.46M | $42.46M |
IQQ vs. FTQI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IQQ iShares Nasdaq 100 ETF | -1.68% |
FTQI First Trust Nasdaq BuyWrite Income ETF | 1.06% |
Correlation
The correlation between IQQ and FTQI is 0.92, 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 Jul 9, 2026 | 0.92 |
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Return for Risk
IQQ vs. FTQI — Risk / Return Rank
IQQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FTQI
IQQ vs. FTQI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq 100 ETF (IQQ) and First Trust Nasdaq BuyWrite Income ETF (FTQI). 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.
| IQQ | FTQI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.46 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.31 | — |
| Martin ratioReturn relative to average drawdown | — | 20.32 | — |
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Drawdowns
IQQ vs. FTQI - Drawdown Comparison
The maximum IQQ drawdown since its inception was -4.15%, smaller than the maximum FTQI drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for IQQ and FTQI.
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Drawdown Indicators
| IQQ | FTQI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.15% | -19.42% | +15.27% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.24% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.42% | — |
Current DrawdownCurrent decline from peak | -2.28% | -0.16% | -2.12% |
Average DrawdownAverage peak-to-trough decline | -1.89% | -3.72% | +1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.32% | — |
Volatility
IQQ vs. FTQI - Volatility Comparison
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Volatility by Period
| IQQ | FTQI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.24% | 10.94% | +9.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.24% | 14.76% | +5.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.24% | 12.94% | +7.30% |
IQQ vs. FTQI - Expense Ratio Comparison
IQQ has a 0.10% expense ratio, which is lower than FTQI's 0.75% expense ratio.
Dividends
IQQ vs. FTQI - Dividend Comparison
IQQ has not paid dividends to shareholders, while FTQI's dividend yield for the trailing twelve months is around 11.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTQI First Trust Nasdaq BuyWrite Income ETF | 11.96% | 11.46% | 11.66% | 11.49% | 9.85% | 3.05% | 3.27% | 2.95% | 3.27% | 2.74% | 3.02% | 3.54% |
IQQ iShares Nasdaq 100 ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, IQQ and FTQI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IQQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQ is cheaper with a 0.10% expense ratio, compared with 0.75% for FTQI.
FTQI has the higher dividend yield at 11.96%, compared with 0.00% for IQQ.
Both ETFs track NASDAQ-100 Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.10% for IQQ and 0.75% for FTQI.
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