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IVNQX vs. QQQM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IVNQX and QQQM is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

IVNQX vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Nasdaq 100 Index Fund (IVNQX) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

50.00%60.00%70.00%80.00%90.00%JulyAugustSeptemberOctoberNovemberDecember
80.14%
81.08%
IVNQX
QQQM

Key characteristics

Sharpe Ratio

IVNQX:

1.59

QQQM:

1.65

Sortino Ratio

IVNQX:

2.13

QQQM:

2.20

Omega Ratio

IVNQX:

1.29

QQQM:

1.30

Calmar Ratio

IVNQX:

2.12

QQQM:

2.17

Martin Ratio

IVNQX:

7.59

QQQM:

7.84

Ulcer Index

IVNQX:

3.78%

QQQM:

3.76%

Daily Std Dev

IVNQX:

18.07%

QQQM:

17.81%

Max Drawdown

IVNQX:

-34.83%

QQQM:

-35.05%

Current Drawdown

IVNQX:

-3.65%

QQQM:

-3.60%

Returns By Period

The year-to-date returns for both investments are quite close, with IVNQX having a 26.65% return and QQQM slightly higher at 27.34%.


IVNQX

YTD

26.65%

1M

2.72%

6M

7.93%

1Y

27.16%

5Y*

N/A

10Y*

N/A

QQQM

YTD

27.34%

1M

3.10%

6M

8.44%

1Y

27.94%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

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


IVNQX vs. QQQM - Expense Ratio Comparison

IVNQX has a 0.29% expense ratio, which is higher than QQQM's 0.15% expense ratio.


IVNQX
Invesco Nasdaq 100 Index Fund
Expense ratio chart for IVNQX: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%
Expense ratio chart for QQQM: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

IVNQX vs. QQQM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq 100 Index Fund (IVNQX) and Invesco NASDAQ 100 ETF (QQQM). 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.


Sharpe ratio
The chart of Sharpe ratio for IVNQX, currently valued at 1.59, compared to the broader market-1.000.001.002.003.004.001.591.65
The chart of Sortino ratio for IVNQX, currently valued at 2.13, compared to the broader market-2.000.002.004.006.008.0010.002.132.20
The chart of Omega ratio for IVNQX, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.003.501.291.30
The chart of Calmar ratio for IVNQX, currently valued at 2.12, compared to the broader market0.002.004.006.008.0010.0012.0014.002.122.17
The chart of Martin ratio for IVNQX, currently valued at 7.59, compared to the broader market0.0020.0040.0060.007.597.84
IVNQX
QQQM

The current IVNQX Sharpe Ratio is 1.59, which is comparable to the QQQM Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of IVNQX and QQQM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.59
1.65
IVNQX
QQQM

Dividends

IVNQX vs. QQQM - Dividend Comparison

IVNQX's dividend yield for the trailing twelve months is around 0.37%, less than QQQM's 0.45% yield.


TTM2023202220212020
IVNQX
Invesco Nasdaq 100 Index Fund
0.37%0.54%0.73%0.39%0.19%
QQQM
Invesco NASDAQ 100 ETF
0.45%0.65%0.83%0.40%0.16%

Drawdowns

IVNQX vs. QQQM - Drawdown Comparison

The maximum IVNQX drawdown since its inception was -34.83%, roughly equal to the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for IVNQX and QQQM. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.65%
-3.60%
IVNQX
QQQM

Volatility

IVNQX vs. QQQM - Volatility Comparison

Invesco Nasdaq 100 Index Fund (IVNQX) and Invesco NASDAQ 100 ETF (QQQM) have volatilities of 5.43% and 5.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.43%
5.28%
IVNQX
QQQM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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