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IWO vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IWO and QQQ is 0.81, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

IWO vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell 2000 Growth ETF (IWO) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

300.00%400.00%500.00%600.00%NovemberDecember2025FebruaryMarchApril
305.91%
546.21%
IWO
QQQ

Key characteristics

Sharpe Ratio

IWO:

-0.10

QQQ:

0.39

Sortino Ratio

IWO:

0.00

QQQ:

0.64

Omega Ratio

IWO:

1.00

QQQ:

1.08

Calmar Ratio

IWO:

-0.09

QQQ:

0.57

Martin Ratio

IWO:

-0.33

QQQ:

1.49

Ulcer Index

IWO:

6.80%

QQQ:

5.13%

Daily Std Dev

IWO:

21.61%

QQQ:

19.64%

Max Drawdown

IWO:

-60.10%

QQQ:

-82.98%

Current Drawdown

IWO:

-20.42%

QQQ:

-11.61%

Returns By Period

In the year-to-date period, IWO achieves a -9.36% return, which is significantly lower than QQQ's -6.72% return. Over the past 10 years, IWO has underperformed QQQ with an annualized return of 6.36%, while QQQ has yielded a comparatively higher 17.26% annualized return.


IWO

YTD

-9.36%

1M

-2.51%

6M

-6.76%

1Y

-0.27%

5Y*

13.12%

10Y*

6.36%

QQQ

YTD

-6.72%

1M

-4.06%

6M

-0.90%

1Y

8.60%

5Y*

21.89%

10Y*

17.26%

*Annualized

Compare stocks, funds, or ETFs

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


IWO vs. QQQ - Expense Ratio Comparison

IWO has a 0.24% expense ratio, which is higher than QQQ's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


IWO
iShares Russell 2000 Growth ETF
Expense ratio chart for IWO: current value is 0.24%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IWO: 0.24%
Expense ratio chart for QQQ: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQ: 0.20%

Risk-Adjusted Performance

IWO vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IWO
The Risk-Adjusted Performance Rank of IWO is 1515
Overall Rank
The Sharpe Ratio Rank of IWO is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of IWO is 1515
Sortino Ratio Rank
The Omega Ratio Rank of IWO is 1515
Omega Ratio Rank
The Calmar Ratio Rank of IWO is 1515
Calmar Ratio Rank
The Martin Ratio Rank of IWO is 1414
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 4343
Overall Rank
The Sharpe Ratio Rank of QQQ is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 4040
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 4141
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 5454
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 4242
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IWO vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 Growth ETF (IWO) and Invesco QQQ (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.


Sharpe ratio
The chart of Sharpe ratio for IWO, currently valued at -0.10, compared to the broader market-1.000.001.002.003.004.005.00
IWO: -0.10
QQQ: 0.39
The chart of Sortino ratio for IWO, currently valued at 0.00, compared to the broader market-2.000.002.004.006.008.0010.0012.00
IWO: 0.00
QQQ: 0.64
The chart of Omega ratio for IWO, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.00
IWO: 1.00
QQQ: 1.08
The chart of Calmar ratio for IWO, currently valued at -0.09, compared to the broader market0.005.0010.0015.00
IWO: -0.09
QQQ: 0.57
The chart of Martin ratio for IWO, currently valued at -0.33, compared to the broader market0.0020.0040.0060.0080.00100.00
IWO: -0.33
QQQ: 1.49

The current IWO Sharpe Ratio is -0.10, which is lower than the QQQ Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of IWO and QQQ, 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 Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
-0.10
0.39
IWO
QQQ

Dividends

IWO vs. QQQ - Dividend Comparison

IWO's dividend yield for the trailing twelve months is around 0.90%, more than QQQ's 0.63% yield.


TTM20242023202220212020201920182017201620152014
IWO
iShares Russell 2000 Growth ETF
0.90%0.80%0.73%0.75%0.32%0.44%0.71%0.76%0.73%0.97%0.89%0.73%
QQQ
Invesco QQQ
0.63%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

IWO vs. QQQ - Drawdown Comparison

The maximum IWO drawdown since its inception was -60.10%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for IWO and QQQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-20.42%
-11.61%
IWO
QQQ

Volatility

IWO vs. QQQ - Volatility Comparison

The current volatility for iShares Russell 2000 Growth ETF (IWO) is 7.31%, while Invesco QQQ (QQQ) has a volatility of 7.78%. This indicates that IWO experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%NovemberDecember2025FebruaryMarchApril
7.31%
7.78%
IWO
QQQ
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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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