MTRA vs. QQQM

Last updated Jun 6, 2026

MTRA (Invesco International Growth Focus ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - MTRA is a Foreign Large Cap Equities fund managed by Invesco, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. A 0.74 correlation means they provide meaningful diversification when combined. MTRA charges 0.54%/yr vs 0.15%/yr for QQQM.

Performance

MTRA vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco International Growth Focus ETF (MTRA) 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, MTRA achieves a -1.53% return, which is significantly lower than QQQM's 14.96% return.

MTRA

• 1D: -4.59%
• 1M: -3.34%
• YTD: -1.53%
• 6M: -1.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQM

• 1D: -4.78%
• 1M: 1.38%
• YTD: 14.96%
• 6M: 13.04%
• 1Y: 35.13%
• 3Y*: 26.56%
• 5Y*: 16.79%
• 10Y*: —

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

MTRA vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025
MTRA Invesco International Growth Focus ETF	-1.53%	4.90%
QQQM Invesco NASDAQ 100 ETF	14.96%	15.83%

Correlation

The correlation between MTRA and QQQM is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 12, 2025	0.74

Return for Risk

MTRA vs. QQQM — Risk / Return Rank

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

QQQM

QQQM Risk / Return Rank: 62
QQQM Sharpe Ratio Rank: 65
QQQM Sortino Ratio Rank: 58
QQQM Omega Ratio Rank: 63
QQQM Calmar Ratio Rank: 61
QQQM Martin Ratio Rank: 63

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.

MTRA vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco International Growth Focus ETF (MTRA) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MTRA	QQQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.12	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.79	-0.60

Drawdowns

MTRA vs. QQQM - Drawdown Comparison

The maximum MTRA drawdown since its inception was -15.77%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for MTRA and QQQM.

Drawdown Indicators

	MTRA	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-15.77%	-35.04%	+19.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.96%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.04%	—
Current Drawdown Current decline from peak	-6.85%	-5.49%	-1.36%
Average Drawdown Average peak-to-trough decline	-3.81%	-8.24%	+4.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.13%	—

Volatility

Volatility by Period

	MTRA	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.79%	16.66%	+1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.79%	22.33%	-4.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.79%	22.20%	-4.41%

MTRA vs. QQQM - Expense Ratio Comparison

MTRA has a 0.54% expense ratio, which is higher than QQQM's 0.15% expense ratio.

Dividends

MTRA vs. QQQM - Dividend Comparison

MTRA's dividend yield for the trailing twelve months is around 0.70%, more than QQQM's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
MTRA Invesco International Growth Focus ETF	0.70%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.44%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Frequently Asked Questions

Can I hold both MTRA and QQQM in my portfolio?

MTRA and QQQM have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MTRA or QQQM?

On fees, QQQM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MTRA or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.54% for MTRA.

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

MTRA has the higher dividend yield at 0.70%, compared with 0.44% for QQQM.

What is the main difference between MTRA and QQQM?

MTRA is categorized as Foreign Large Cap Equities, while QQQM is Nasdaq-100. Their fees differ too: 0.54% for MTRA and 0.15% for QQQM.