PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ITB vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ITB vs. QQQ

Last updated Jun 13, 2026

ITB (iShares U.S. Home Construction ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - ITB is a Building & Construction fund tracking the Dow Jones U.S. Select Home Construction Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, ITB returned 14.45%/yr vs 21.79%/yr for QQQ. A 0.56 correlation means they provide meaningful diversification when combined. ITB charges 0.42%/yr vs 0.18%/yr for QQQ.

Performance

ITB vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Home Construction ETF (ITB) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ITB achieves a 0.87% return, which is significantly lower than QQQ's 17.57% return. Over the past 10 years, ITB has underperformed QQQ with an annualized return of 14.45%, while QQQ has yielded a comparatively higher 21.79% annualized return.

ITB

1D
-0.81%
1M
8.97%
YTD
0.87%
6M
-5.10%
1Y
5.46%
3Y*
7.35%
5Y*
8.18%
10Y*
14.45%

QQQ

1D
0.59%
1M
0.93%
YTD
17.57%
6M
17.85%
1Y
35.82%
3Y*
26.43%
5Y*
16.85%
10Y*
21.79%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITB vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ITB
iShares U.S. Home Construction ETF		0.87%-5.26%2.06%68.91%-26.26%49.25%26.42%48.70%-30.92%59.65%
QQQ
Invesco QQQ ETF		17.57%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%

Correlation

The correlation between ITB and QQQ is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (3Y)
Calculated over the trailing 3-year period

0.40

Correlation (5Y)
Calculated over the trailing 5-year period

0.52

Correlation (10Y)
Calculated over the trailing 10-year period

0.49

Correlation (All Time)
Calculated using the full available price history since May 5, 2006

0.56

Over the past year, the correlation between ITB and QQQ has dropped to 0.28 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

ITB vs. QQQ - Sectors Allocation Comparison

Sectors
ITB
QQQ

Consumer Cyclical

71.8%
12.3%

Industrials

19.1%
2.8%

Basic Materials

8.6%
1.1%

Real Estate

0.5%
0.1%

Communication Services

-

15.8%

Consumer Defensive

-

7.7%

Energy

-

0.6%

Financial Services

-

0.2%

Healthcare

-

4.2%

Technology

-

53.8%

Utilities

-

1.4%

Consumer Cyclical

ITB
71.8%
QQQ
12.3%

Industrials

ITB
19.1%
QQQ
2.8%

Basic Materials

ITB
8.6%
QQQ
1.1%

Real Estate

ITB
0.5%
QQQ
0.1%

Communication Services

ITB

-

QQQ
15.8%

Consumer Defensive

ITB

-

QQQ
7.7%

Energy

ITB

-

QQQ
0.6%

Financial Services

ITB

-

QQQ
0.2%

Healthcare

ITB

-

QQQ
4.2%

Technology

ITB

-

QQQ
53.8%

Utilities

ITB

-

QQQ
1.4%

Compare stocks, funds, or ETFs

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

iShares U.S. Home Construction ETF

Invesco QQQ ETF

Often compared with ITB:
ITB vs. XHBITB vs. NAILITB vs. SPYITB vs. PKBITB vs. XLREITB vs. FSHOXITB vs. VGT
Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. SMHQQQ vs. QQQMQQQ vs. QQQI

Return for Risk

ITB vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ITB
ITB Risk / Return Rank: 1212
Overall Rank
ITB Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
ITB Sortino Ratio Rank: 1414
Sortino Ratio Rank
ITB Omega Ratio Rank: 1313
Omega Ratio Rank
ITB Calmar Ratio Rank: 1212
Calmar Ratio Rank
ITB Martin Ratio Rank: 1111
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 7171
Overall Rank
QQQ Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 7070
Sortino Ratio Rank
QQQ Omega Ratio Rank: 7373
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6969
Calmar Ratio Rank
QQQ Martin Ratio Rank: 7070
Martin Ratio Rank
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.

ITB vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Home Construction ETF (ITB) 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.

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.

ITBQQQDifference
Sharpe ratioReturn per unit of total volatility
0.18
2.09

-1.91

Sortino ratioReturn per unit of downside risk
0.53
2.73

-2.20

Omega ratioGain probability vs. loss probability

1.06

1.37

-0.31

Calmar ratioReturn relative to maximum drawdown

0.21

3.01

-2.80

Martin ratioReturn relative to average drawdown

0.41

11.22

-10.82

ITB vs. QQQ - Sharpe Ratio Comparison

The current ITB Sharpe Ratio is 0.18, which is lower than the QQQ Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of ITB 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.

Loading charts...

Drawdowns

ITB vs. QQQ - Drawdown Comparison

The maximum ITB drawdown since its inception was -86.53%, roughly equal to the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for ITB and QQQ.

Loading charts...

Drawdown Indicators

ITBQQQDifference

Max Drawdown

Largest peak-to-trough decline

-86.53%

-82.97%

-3.56%

Max Drawdown (1Y)

Largest decline over 1 year

-26.04%

-11.96%

-14.08%

Max Drawdown (3Y)

Largest decline over 3 years

-33.35%

-22.77%

-10.58%

Max Drawdown (5Y)

Largest decline over 5 years

-40.55%

-35.12%

-5.43%

Max Drawdown (10Y)

Largest decline over 10 years

-52.10%

-35.12%

-16.98%

Current Drawdown

Current decline from peak

-23.53%

-3.33%

-20.20%

Average Drawdown

Average peak-to-trough decline

-37.08%

-32.75%

-4.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.45%

3.20%

+10.25%

Volatility

ITB vs. QQQ - Volatility Comparison

iShares U.S. Home Construction ETF (ITB) has a higher volatility of 9.26% compared to Invesco QQQ ETF (QQQ) at 7.56%. This indicates that ITB'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.

Loading charts...

Volatility by Period

ITBQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.26%

7.56%

+1.70%

Volatility (6M)

Calculated over the trailing 6-month period

20.89%

13.81%

+7.08%

Volatility (1Y)

Calculated over the trailing 1-year period

29.90%

17.19%

+12.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.29%

22.55%

+6.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.05%

22.38%

+7.67%

ITB vs. QQQ - Expense Ratio Comparison

ITB has a 0.42% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

ITB vs. QQQ - Dividend Comparison

ITB's dividend yield for the trailing twelve months is around 1.17%, more than QQQ's 0.39% yield.

PositionTTM20252024202320222021202020192018201720162015
ITB
iShares U.S. Home Construction ETF		1.17%1.67%0.46%0.48%0.86%0.37%0.46%0.50%0.63%0.28%0.43%0.34%
QQQ
Invesco QQQ ETF		0.39%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

ITB and QQQ have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ITB has higher volatility (9.26%) compared to QQQ (7.56%). In terms of maximum drawdown, ITB dropped -86.53% vs QQQ's -82.97%.

On 10-year performance, QQQ leads with 21.79% vs 14.45% for ITB. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 7.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, QQQ has performed better with a 21.79% return vs 14.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QQQ is cheaper with a 0.18% expense ratio, compared with 0.42% for ITB.

ITB has the higher dividend yield at 1.17%, compared with 0.39% for QQQ.

ITB is categorized as Building & Construction, while QQQ is Nasdaq-100. ITB tracks Dow Jones U.S. Select Home Construction Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.42% for ITB and 0.18% for QQQ.

QQQ currently has the higher Sharpe Ratio (2.09 vs 0.18), 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.

Portfolio Optimizer

Find the right allocation for ITB and QQQ

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer