IQQ vs. QQMG
IQQ (iShares Nasdaq 100 ETF) and QQMG (Invesco ESG NASDAQ 100 ETF) are both Nasdaq-100 funds - IQQ tracks the NASDAQ-100 Index while QQMG tracks the Nasdaq-100 ESG Total Return Index. Both are passively managed. With a 0.95 correlation, they move nearly in lockstep. IQQ charges 0.10%/yr vs 0.20%/yr for QQMG.
Performance
IQQ vs. QQMG - Performance Comparison
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Returns By Period
IQQ
- 1D
- 1.87%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QQMG
- 1D
- 2.04%
- 1M
- -3.68%
- 6M
- 18.22%
- YTD
- 16.83%
- 1Y
- 28.25%
- 3Y*
- 25.31%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $42.46M | $42.46M | $42.46M |
IQQ vs. QQMG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IQQ iShares Nasdaq 100 ETF | -1.68% |
QQMG Invesco ESG NASDAQ 100 ETF | 0.05% |
Correlation
The correlation between IQQ and QQMG is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 9, 2026 | 0.95 |
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Return for Risk
IQQ vs. QQMG — Risk / Return Rank
IQQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQMG
IQQ vs. QQMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq 100 ETF (IQQ) and Invesco ESG NASDAQ 100 ETF (QQMG). 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 | QQMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.24 | — |
| Martin ratioReturn relative to average drawdown | — | 7.66 | — |
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Drawdowns
IQQ vs. QQMG - Drawdown Comparison
The maximum IQQ drawdown since its inception was -4.15%, smaller than the maximum QQMG drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for IQQ and QQMG.
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Drawdown Indicators
| IQQ | QQMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.15% | -35.43% | +31.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.67% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.79% | — |
Current DrawdownCurrent decline from peak | -2.28% | -4.53% | +2.25% |
Average DrawdownAverage peak-to-trough decline | -1.89% | -9.45% | +7.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.70% | — |
Volatility
IQQ vs. QQMG - Volatility Comparison
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Volatility by Period
| IQQ | QQMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.11% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.09% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.24% | 19.43% | +0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.24% | 23.77% | -3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.24% | 23.77% | -3.53% |
IQQ vs. QQMG - Expense Ratio Comparison
IQQ has a 0.10% expense ratio, which is lower than QQMG's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IQQ vs. QQMG - Dividend Comparison
IQQ has not paid dividends to shareholders, while QQMG's dividend yield for the trailing twelve months is around 0.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IQQ iShares Nasdaq 100 ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQMG Invesco ESG NASDAQ 100 ETF | 0.37% | 0.41% | 0.50% | 0.60% | 0.82% | 0.08% |
Frequently Asked Questions
With a correlation of 0.95, IQQ and QQMG 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 0.20% for QQMG.
QQMG has the higher dividend yield at 0.37%, compared with 0.00% for IQQ.
IQQ tracks NASDAQ-100 Index, while QQMG tracks Nasdaq-100 ESG Total Return Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.10% for IQQ and 0.20% for QQMG.
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