NYSX vs. IQM

Last updated Jun 5, 2026

NYSX (Global X NYSE 100 ETF) and IQM (Franklin Intelligent Machines ETF) are both Large Cap Growth Equities funds. NYSX is passively managed, while IQM is actively managed. Their correlation of 0.83 suggests significant overlap in exposure. NYSX charges 0.09%/yr vs 0.50%/yr for IQM.

Performance

NYSX vs. IQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X NYSE 100 ETF (NYSX) and Franklin Intelligent Machines ETF (IQM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NYSX

• 1D: -0.36%
• 1M: 11.23%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IQM

• 1D: -1.20%
• 1M: 9.28%
• YTD: 38.49%
• 6M: 34.62%
• 1Y: 72.20%
• 3Y*: 37.11%
• 5Y*: 21.93%
• 10Y*: —

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

NYSX vs. IQM - Yearly Performance Comparison

	2026 (YTD)
NYSX Global X NYSE 100 ETF	34.86%
IQM Franklin Intelligent Machines ETF	37.12%

Correlation

The correlation between NYSX and IQM is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 27, 2026	0.83

Return for Risk

NYSX vs. IQM — Risk / Return Rank

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

IQM

IQM Risk / Return Rank: 77
IQM Sharpe Ratio Rank: 80
IQM Sortino Ratio Rank: 67
IQM Omega Ratio Rank: 70
IQM Calmar Ratio Rank: 87
IQM Martin Ratio Rank: 82

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.

NYSX vs. IQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NYSE 100 ETF (NYSX) and Franklin Intelligent Machines ETF (IQM). 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

	NYSX	IQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.57	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	17.95	0.95	+17.00

Drawdowns

NYSX vs. IQM - Drawdown Comparison

The maximum NYSX drawdown since its inception was -3.46%, smaller than the maximum IQM drawdown of -44.91%. Use the drawdown chart below to compare losses from any high point for NYSX and IQM.

Drawdown Indicators

	NYSX	IQM	Difference
Max Drawdown Largest peak-to-trough decline	-3.46%	-44.91%	+41.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.71%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-30.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.91%	—
Current Drawdown Current decline from peak	-1.37%	-1.57%	+0.20%
Average Drawdown Average peak-to-trough decline	-0.52%	-12.24%	+11.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.49%	—

Volatility

Volatility by Period

	NYSX	IQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.44%	28.28%	-6.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.44%	28.90%	-7.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.44%	30.71%	-9.27%

NYSX vs. IQM - Expense Ratio Comparison

NYSX has a 0.09% expense ratio, which is lower than IQM's 0.50% expense ratio.

Dividends

NYSX vs. IQM - Dividend Comparison

Neither NYSX nor IQM has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
IQM Franklin Intelligent Machines ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.01%
NYSX Global X NYSE 100 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NYSX and IQM in my portfolio?

NYSX and IQM have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NYSX or IQM?

On fees, NYSX is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NYSX or IQM?

NYSX is cheaper with a 0.09% expense ratio, compared with 0.50% for IQM.

Which ETF pays a higher dividend yield, NYSX or IQM?

NYSX and IQM have nearly identical dividend yields, around 0.00%.

What is the main difference between NYSX and IQM?

They also come from different issuers: Global X and Franklin Templeton. Their fees differ too: 0.09% for NYSX and 0.50% for IQM.