KOMP vs. QQQJ

Last updated Jun 25, 2026

KOMP (SPDR S&P Kensho New Economies Composite ETF) and QQQJ (Invesco NASDAQ Next Gen 100 ETF) are both Mid Cap Growth Equities funds - KOMP tracks the S&P Kensho New Economies Composite Index while QQQJ tracks the NASDAQ Next Generation 100 Index. Both are passively managed. Over the past 5 years, KOMP returned 1.68%/yr vs 6.26%/yr for QQQJ. Their correlation of 0.91 suggests significant overlap in exposure. KOMP charges 0.20%/yr vs 0.15%/yr for QQQJ.

Performance

KOMP vs. QQQJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho New Economies Composite ETF (KOMP) and Invesco NASDAQ Next Gen 100 ETF (QQQJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KOMP achieves a 14.25% return, which is significantly lower than QQQJ's 21.00% return.

KOMP

• 1D: -1.25%
• 1M: -3.38%
• YTD: 14.25%
• 6M: 11.15%
• 1Y: 30.32%
• 3Y*: 18.25%
• 5Y*: 1.68%
• 10Y*: —

QQQJ

• 1D: 0.79%
• 1M: 3.03%
• YTD: 21.00%
• 6M: 18.46%
• 1Y: 41.13%
• 3Y*: 21.61%
• 5Y*: 6.26%
• 10Y*: —

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

KOMP vs. QQQJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
KOMP SPDR S&P Kensho New Economies Composite ETF	14.25%	19.74%	10.05%	20.09%	-32.21%	3.67%	24.25%
QQQJ Invesco NASDAQ Next Gen 100 ETF	21.00%	20.44%	15.36%	13.68%	-28.25%	9.76%	15.34%

Correlation

The correlation between KOMP and QQQJ is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020	0.91

The correlation between KOMP and QQQJ has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

KOMP vs. QQQJ - Sectors Allocation Comparison

Sectors	KOMP	QQQJ
Technology	35.5%	40.4%
Industrials	27.7%	11.1%
Healthcare	11.1%	18.7%
Financial Services	6.2%	2.0%
Communication Services	5.3%	7.8%
Utilities	4.8%	2.6%
Consumer Cyclical	4.3%	11.3%
Basic Materials	2.5%	2.6%
Energy	2.4%	1.0%
Consumer Defensive	0.2%	2.6%
Real Estate	-	-

Return for Risk

KOMP vs. QQQJ — Risk / Return Rank

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

KOMP

KOMP Risk / Return Rank: 39
KOMP Sharpe Ratio Rank: 38
KOMP Sortino Ratio Rank: 36
KOMP Omega Ratio Rank: 35
KOMP Calmar Ratio Rank: 43
KOMP Martin Ratio Rank: 41

QQQJ

QQQJ Risk / Return Rank: 75
QQQJ Sharpe Ratio Rank: 76
QQQJ Sortino Ratio Rank: 72
QQQJ Omega Ratio Rank: 71
QQQJ Calmar Ratio Rank: 76
QQQJ Martin Ratio Rank: 81

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.

KOMP vs. QQQJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho New Economies Composite ETF (KOMP) and Invesco NASDAQ Next Gen 100 ETF (QQQJ). 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.

	KOMP	QQQJ	Difference
Sharpe ratio: Return per unit of total volatility	1.23	2.18	-0.94
Sortino ratio: Return per unit of downside risk	1.73	2.92	-1.19
Omega ratio: Gain probability vs. loss probability	1.22	1.38	-0.16
Calmar ratio: Return relative to maximum drawdown	1.96	3.49	-1.53
Martin ratio: Return relative to average drawdown	6.05	14.44	-8.39

KOMP vs. QQQJ - Sharpe Ratio Comparison

The current KOMP Sharpe Ratio is 1.23, which is lower than the QQQJ Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of KOMP and QQQJ, 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

KOMP vs. QQQJ - Drawdown Comparison

The maximum KOMP drawdown since its inception was -50.06%, which is greater than QQQJ's maximum drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for KOMP and QQQJ.

Drawdown Indicators

	KOMP	QQQJ	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-39.57%	-10.49%
Max Drawdown (1Y) Largest decline over 1 year	-15.50%	-11.84%	-3.66%
Max Drawdown (3Y) Largest decline over 3 years	-24.93%	-22.46%	-2.47%
Max Drawdown (5Y) Largest decline over 5 years	-45.38%	-39.57%	-5.81%
Current Drawdown Current decline from peak	-9.46%	-2.48%	-6.98%
Average Drawdown Average peak-to-trough decline	-21.57%	-15.61%	-5.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.03%	2.86%	+2.17%

Volatility

KOMP vs. QQQJ - Volatility Comparison

SPDR S&P Kensho New Economies Composite ETF (KOMP) has a higher volatility of 10.58% compared to Invesco NASDAQ Next Gen 100 ETF (QQQJ) at 7.10%. This indicates that KOMP's price experiences larger fluctuations and is considered to be riskier than QQQJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KOMP	QQQJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.58%	7.10%	+3.48%
Volatility (6M) Calculated over the trailing 6-month period	19.78%	15.64%	+4.14%
Volatility (1Y) Calculated over the trailing 1-year period	24.74%	19.00%	+5.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.09%	22.18%	+2.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.13%	22.10%	+5.03%

KOMP vs. QQQJ - Expense Ratio Comparison

KOMP has a 0.20% expense ratio, which is higher than QQQJ'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%.

Dividends

KOMP vs. QQQJ - Dividend Comparison

KOMP's dividend yield for the trailing twelve months is around 1.53%, more than QQQJ's 0.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
KOMP SPDR S&P Kensho New Economies Composite ETF	1.53%	1.84%	1.04%	1.27%	1.47%	1.44%	0.69%	0.81%	0.13%
QQQJ Invesco NASDAQ Next Gen 100 ETF	0.55%	0.85%	0.77%	0.67%	0.76%	0.91%	0.09%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KOMP and QQQJ in my portfolio?

KOMP and QQQJ have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KOMP or QQQJ?

KOMP has higher volatility (10.58%) compared to QQQJ (7.10%). In terms of maximum drawdown, KOMP dropped -50.06% vs QQQJ's -39.57%.

Which ETF is better, KOMP or QQQJ?

On 5-year performance, QQQJ leads with 6.26% vs 1.68% for KOMP. On fees, QQQJ is cheaper at 0.15% per year. On volatility, QQQJ has been the lower-risk option at 7.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KOMP or QQQJ?

Over the 5-year period, QQQJ has performed better with a 6.26% return vs 1.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KOMP or QQQJ?

QQQJ is cheaper with a 0.15% expense ratio, compared with 0.20% for KOMP.

Which ETF pays a higher dividend yield, KOMP or QQQJ?

KOMP has the higher dividend yield at 1.53%, compared with 0.55% for QQQJ.

What is the main difference between KOMP and QQQJ?

KOMP tracks S&P Kensho New Economies Composite Index, while QQQJ tracks NASDAQ Next Generation 100 Index. They also come from different issuers: State Street and Invesco. Their fees differ too: 0.20% for KOMP and 0.15% for QQQJ.

Which has better risk-adjusted returns?

QQQJ currently has the higher Sharpe Ratio (2.18 vs 1.23), 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.