IXN vs. QQQM

Last updated Jul 26, 2026

IXN (iShares Global Tech ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - IXN is a Technology Equities fund tracking the S&P Global Information Technology Sector Index, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, IXN returned 18.59%/yr vs 13.97%/yr for QQQM. Their 0.96 correlation means they have historically moved very closely together. IXN charges 0.46%/yr vs 0.15%/yr for QQQM.

Performance

IXN vs. QQQM - Performance Comparison

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

Returns By Period

In the year-to-date period, IXN achieves a 26.76% return, which is significantly higher than QQQM's 11.65% return.

IXN

• 1D: -1.69%
• 1M: -5.35%
• 6M: 24.12%
• YTD: 26.76%
• 1Y: 40.62%
• 3Y*: 28.82%
• 5Y*: 18.59%
• 10Y*: 23.57%
• ALL TIME*: 12.23%

QQQM

• 1D: -1.16%
• 1M: -4.48%
• 6M: 10.14%
• YTD: 11.65%
• 1Y: 21.43%
• 3Y*: 22.56%
• 5Y*: 13.97%
• 10Y*: —
• ALL TIME*: 16.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IXN iShares Global Tech ETF	$55.36M	$52.46M	$63.11M
QQQM Invesco NASDAQ 100 ETF	$905.61M	$924.70M	$1.17B

IXN vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IXN iShares Global Tech ETF	26.76%	25.25%	24.84%	52.98%	-29.86%	29.58%	8.01%
QQQM Invesco NASDAQ 100 ETF	11.65%	20.85%	25.68%	55.01%	-32.52%	27.45%	6.64%

Correlation

The correlation between IXN and QQQM is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020	0.96

The correlation between IXN and QQQM has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

IXN vs. QQQM - Sectors Allocation Comparison

Sectors	IXN	QQQM
Technology	99.2%	60.9%
Industrials	0.2%	2.7%
Healthcare	0.1%	3.6%
Energy	0.1%	0.5%
Real Estate	0.0%	0.1%
Basic Materials	-	1.0%
Communication Services	-	13.1%
Consumer Cyclical	-	10.7%
Consumer Defensive	-	6.3%
Financial Services	-	0.2%
Utilities	-	1.1%

Return for Risk

IXN vs. QQQM — Risk / Return Rank

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

IXN

IXN Risk / Return Rank: 68
IXN Sharpe Ratio Rank: 68
IXN Sortino Ratio Rank: 62
IXN Omega Ratio Rank: 63
IXN Calmar Ratio Rank: 80
IXN Martin Ratio Rank: 68

QQQM

QQQM Risk / Return Rank: 49
QQQM Sharpe Ratio Rank: 47
QQQM Sortino Ratio Rank: 45
QQQM Omega Ratio Rank: 46
QQQM Calmar Ratio Rank: 53
QQQM Martin Ratio Rank: 53

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.

IXN vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) 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.

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.

	IXN	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.16	+0.39
Sortino ratio: Return per unit of downside risk	2.06	1.63	+0.43
Omega ratio: Gain probability vs. loss probability	1.27	1.21	+0.06
Calmar ratio: Return relative to maximum drawdown	2.98	1.82	+1.15
Martin ratio: Return relative to average drawdown	8.35	6.19	+2.16

IXN vs. QQQM - Sharpe Ratio Comparison

The current IXN Sharpe Ratio is 1.55, which is higher than the QQQM Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of IXN and QQQM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IXN vs. QQQM - Drawdown Comparison

The maximum IXN drawdown since its inception was -55.67%, which is greater than QQQM's maximum drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for IXN and QQQM.

Drawdown Indicators

	IXN	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-55.67%	-35.04%	-20.63%
Max Drawdown (1Y) Largest decline over 1 year	-13.80%	-11.96%	-1.84%
Max Drawdown (3Y) Largest decline over 3 years	-25.55%	-22.70%	-2.85%
Max Drawdown (5Y) Largest decline over 5 years	-36.30%	-35.04%	-1.26%
Max Drawdown (10Y) Largest decline over 10 years	-36.30%	—	—
Current Drawdown Current decline from peak	-11.11%	-8.21%	-2.90%
Average Drawdown Average peak-to-trough decline	-11.24%	-8.14%	-3.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	3.52%	+1.39%

Volatility

IXN vs. QQQM - Volatility Comparison

iShares Global Tech ETF (IXN) has a higher volatility of 9.23% compared to Invesco NASDAQ 100 ETF (QQQM) at 6.65%. This indicates that IXN's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IXN	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.23%	6.65%	+2.58%
Volatility (6M) Calculated over the trailing 6-month period	22.90%	15.45%	+7.45%
Volatility (1Y) Calculated over the trailing 1-year period	26.53%	18.82%	+7.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.70%	22.68%	+3.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.78%	22.30%	+2.48%

IXN vs. QQQM - Expense Ratio Comparison

IXN has a 0.46% expense ratio, which is higher than QQQM's 0.15% expense ratio.

Dividends

IXN vs. QQQM - Dividend Comparison

IXN's dividend yield for the trailing twelve months is around 0.82%, more than QQQM's 0.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IXN iShares Global Tech ETF	0.82%	1.04%	0.43%	0.55%	0.81%	0.58%	0.63%	1.06%	0.94%	0.93%	1.03%	1.12%
QQQM Invesco NASDAQ 100 ETF	0.46%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IXN and QQQM in my portfolio?

With a correlation of 0.94, IXN and QQQM 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.

Which is riskier, IXN or QQQM?

IXN has higher volatility (9.23%) compared to QQQM (6.65%). In terms of maximum drawdown, IXN dropped -55.67% vs QQQM's -35.04%.

Which ETF is better, IXN or QQQM?

On 5-year performance, IXN leads with 18.59% vs 13.97% for QQQM. On fees, QQQM is cheaper at 0.15% per year. On volatility, QQQM has been the lower-risk option at 6.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IXN or QQQM?

Over the 5-year period, IXN has performed better with a 18.59% return vs 13.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IXN or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.46% for IXN.

Which ETF pays a higher dividend yield, IXN or QQQM?

IXN has the higher dividend yield at 0.82%, compared with 0.46% for QQQM.

What is the main difference between IXN and QQQM?

IXN is categorized as Technology Equities, while QQQM is Nasdaq-100. IXN tracks S&P Global Information Technology Sector Index, while QQQM tracks NASDAQ-100 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.46% for IXN and 0.15% for QQQM.

Which has better risk-adjusted returns?

IXN currently has the higher Sharpe Ratio (1.55 vs 1.16), 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.