NVDG.F vs. QQQM

Last updated Jun 5, 2026

NVDG.F (NVIDIA Corporation CDR) is a stock, while QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 3 years, NVDG.F returned 63.96%/yr vs 23.61%/yr for QQQM. At a 0.30 correlation, their price movements are largely independent.

Performance

NVDG.F vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in NVIDIA Corporation CDR (NVDG.F) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NVDG.F is traded in EUR, while QQQM is traded in USD. To make them comparable, the QQQM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, NVDG.F achieves a 14.79% return, which is significantly lower than QQQM's 19.40% return.

NVDG.F

• 1D: -2.85%
• 1M: -5.92%
• YTD: 14.79%
• 6M: 18.45%
• 1Y: 50.93%
• 3Y*: 63.96%
• 5Y*: —
• 10Y*: —

QQQM

• 1D: 0.76%
• 1M: 2.25%
• YTD: 19.40%
• 6M: 19.65%
• 1Y: 36.13%
• 3Y*: 23.61%
• 5Y*: 18.01%
• 10Y*: —

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

NVDG.F vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NVDG.F NVIDIA Corporation CDR	14.79%	19.94%	175.23%	228.92%	-38.65%
QQQM Invesco NASDAQ 100 ETF	19.40%	6.51%	33.98%	50.36%	-18.32%

Correlation

The correlation between NVDG.F and QQQM is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 2, 2022	0.30

Return for Risk

NVDG.F vs. QQQM — Risk / Return Rank

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

NVDG.F

NVDG.F Risk / Return Rank: 71
NVDG.F Sharpe Ratio Rank: 72
NVDG.F Sortino Ratio Rank: 67
NVDG.F Omega Ratio Rank: 65
NVDG.F Calmar Ratio Rank: 77
NVDG.F Martin Ratio Rank: 75

QQQM

QQQM Risk / Return Rank: 72
QQQM Sharpe Ratio Rank: 76
QQQM Sortino Ratio Rank: 71
QQQM Omega Ratio Rank: 73
QQQM Calmar Ratio Rank: 69
QQQM Martin Ratio Rank: 70

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.

NVDG.F vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NVIDIA Corporation CDR (NVDG.F) 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.

	NVDG.F	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	1.03	2.14	-1.11
Sortino ratio: Return per unit of downside risk	1.57	2.71	-1.13
Omega ratio: Gain probability vs. loss probability	1.20	1.38	-0.18
Calmar ratio: Return relative to maximum drawdown	2.17	3.30	-1.13
Martin ratio: Return relative to average drawdown	4.70	10.19	-5.49

NVDG.F vs. QQQM - Sharpe Ratio Comparison

The current NVDG.F Sharpe Ratio is 1.03, which is lower than the QQQM Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of NVDG.F 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

NVDG.F vs. QQQM - Drawdown Comparison

The maximum NVDG.F drawdown since its inception was -60.32%, which is greater than QQQM's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for NVDG.F and QQQM.

Drawdown Indicators

	NVDG.F	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-60.32%	-30.95%	-29.37%
Max Drawdown (1Y) Largest decline over 1 year	-20.33%	-10.99%	-9.34%
Max Drawdown (3Y) Largest decline over 3 years	-41.10%	-27.16%	-13.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.95%	—
Current Drawdown Current decline from peak	-10.45%	-2.88%	-7.57%
Average Drawdown Average peak-to-trough decline	-16.45%	-7.32%	-9.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.40%	3.55%	+5.85%

Volatility

NVDG.F vs. QQQM - Volatility Comparison

NVIDIA Corporation CDR (NVDG.F) has a higher volatility of 12.58% compared to Invesco NASDAQ 100 ETF (QQQM) at 6.60%. This indicates that NVDG.F'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

	NVDG.F	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.58%	6.60%	+5.98%
Volatility (6M) Calculated over the trailing 6-month period	28.68%	12.81%	+15.87%
Volatility (1Y) Calculated over the trailing 1-year period	43.21%	16.97%	+26.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.93%	22.02%	+39.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.93%	21.79%	+40.14%

Dividends

NVDG.F vs. QQQM - Dividend Comparison

NVDG.F's dividend yield for the trailing twelve months is around 0.12%, less than QQQM's 0.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
NVDG.F NVIDIA Corporation CDR	0.11%	0.02%	0.02%	0.03%	0.07%	0.00%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.43%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Frequently Asked Questions

Can I hold both NVDG.F and QQQM in my portfolio?

NVDG.F and QQQM have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.