IQQ vs. QQXT
IQQ (iShares Nasdaq 100 ETF) and QQXT (First Trust Nasdaq-100 Ex-Technology Sector Index Fund) are both Nasdaq-100 funds - IQQ tracks the NASDAQ-100 Index while QQXT tracks the NASDAQ-100 Ex-Tech Sector Index. Both are passively managed. Their 0.01 correlation means their historical movements had little consistent relationship. IQQ charges 0.10%/yr vs 0.60%/yr for QQXT.
Performance
IQQ vs. QQXT - Performance Comparison
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Returns By Period
IQQ
- 1D
- -0.90%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QQXT
- 1D
- 0.00%
- 1M
- 2.26%
- 6M
- 1.68%
- YTD
- 2.86%
- 1Y
- 4.53%
- 3Y*
- 7.12%
- 5Y*
- 4.01%
- 10Y*
- 10.20%
- ALL TIME*
- 9.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $30.00M | $35.28M | $35.28M | |
| $287.90K | $406.08K | $558.56K |
IQQ vs. QQXT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IQQ iShares Nasdaq 100 ETF | -0.53% |
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund | 3.02% |
Correlation
The correlation between IQQ and QQXT is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 9, 2026 | 0.01 |
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Return for Risk
IQQ vs. QQXT — Risk / Return Rank
IQQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQXT
IQQ vs. QQXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq 100 ETF (IQQ) and First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT). 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 | QQXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.08 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.60 | — |
| Martin ratioReturn relative to average drawdown | — | 1.29 | — |
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Drawdowns
IQQ vs. QQXT - Drawdown Comparison
The maximum IQQ drawdown since its inception was -8.80%, smaller than the maximum QQXT drawdown of -57.45%. Use the drawdown chart below to compare losses from any high point for IQQ and QQXT.
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Drawdown Indicators
| IQQ | QQXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.80% | -57.45% | +48.65% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.92% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.40% | — |
Current DrawdownCurrent decline from peak | -1.14% | -1.75% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -3.39% | -8.08% | +4.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.52% | — |
Volatility
IQQ vs. QQXT - Volatility Comparison
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Volatility by Period
| IQQ | QQXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.99% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.88% | 11.10% | +14.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.88% | 16.34% | +9.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.88% | 17.47% | +8.41% |
IQQ vs. QQXT - Expense Ratio Comparison
IQQ has a 0.10% expense ratio, which is lower than QQXT's 0.60% expense ratio.
Dividends
IQQ vs. QQXT - Dividend Comparison
IQQ has not paid dividends to shareholders, while QQXT's dividend yield for the trailing twelve months is around 1.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund | 1.21% | 1.20% | 0.98% | 1.10% | 0.92% | 0.35% | 0.28% | 0.35% | 0.38% | 0.32% | 0.31% | 0.40% |
Frequently Asked Questions
IQQ and QQXT have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.60% for QQXT.
QQXT has the higher dividend yield at 1.21%, compared with 0.00% for IQQ.
IQQ tracks NASDAQ-100 Index, while QQXT tracks NASDAQ-100 Ex-Tech Sector Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.10% for IQQ and 0.60% for QQXT.
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