IYY vs. QQQM
Compare and contrast key facts about iShares Dow Jones U.S. ETF (IYY) and Invesco NASDAQ 100 ETF (QQQM).
IYY and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYY is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Index. It was launched on Jun 12, 2000. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both IYY and QQQM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IYY or QQQM.
Correlation
The correlation between IYY and QQQM is 0.92, 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.
Performance
IYY vs. QQQM - Performance Comparison
Key characteristics
IYY:
0.53
QQQM:
0.47
IYY:
0.87
QQQM:
0.82
IYY:
1.13
QQQM:
1.11
IYY:
0.54
QQQM:
0.51
IYY:
2.07
QQQM:
1.68
IYY:
4.99%
QQQM:
6.92%
IYY:
19.39%
QQQM:
24.84%
IYY:
-55.17%
QQQM:
-35.05%
IYY:
-7.78%
QQQM:
-9.34%
Returns By Period
In the year-to-date period, IYY achieves a -3.49% return, which is significantly higher than QQQM's -4.32% return.
IYY
-3.49%
13.94%
-4.80%
10.29%
15.34%
11.77%
QQQM
-4.32%
17.29%
-4.59%
11.71%
N/A
N/A
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IYY vs. QQQM - Expense Ratio Comparison
IYY has a 0.20% expense ratio, which is higher than QQQM's 0.15% 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%.
Risk-Adjusted Performance
IYY vs. QQQM — Risk-Adjusted Performance Rank
IYY
QQQM
IYY vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Dow Jones U.S. ETF (IYY) 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.
Dividends
IYY vs. QQQM - Dividend Comparison
IYY's dividend yield for the trailing twelve months is around 1.11%, more than QQQM's 0.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYY iShares Dow Jones U.S. ETF | 1.11% | 1.05% | 1.29% | 1.49% | 1.04% | 1.31% | 1.80% | 1.97% | 1.62% | 1.81% | 1.97% | 1.66% |
QQQM Invesco NASDAQ 100 ETF | 0.62% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IYY vs. QQQM - Drawdown Comparison
The maximum IYY drawdown since its inception was -55.17%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for IYY and QQQM. For additional features, visit the drawdowns tool.
Volatility
IYY vs. QQQM - Volatility Comparison
The current volatility for iShares Dow Jones U.S. ETF (IYY) is 11.00%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 13.53%. This indicates that IYY experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.