QARP vs. QQQM

Last updated Jun 4, 2026

QARP (Xtrackers Russell 1000 US Quality at a Reasonable Price ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - QARP is a Large Cap Growth Equities fund tracking the Russell 1000 2Qual/Val 5% Capped Factor Index, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, QARP returned 12.06%/yr vs 18.07%/yr for QQQM. Their correlation of 0.83 suggests significant overlap in exposure. QARP charges 0.19%/yr vs 0.15%/yr for QQQM.

Performance

QARP vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) 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, QARP achieves a 10.34% return, which is significantly lower than QQQM's 21.39% return.

QARP

• 1D: -0.05%
• 1M: 2.39%
• YTD: 10.34%
• 6M: 10.57%
• 1Y: 25.02%
• 3Y*: 18.54%
• 5Y*: 12.06%
• 10Y*: —

QQQM

• 1D: -0.20%
• 1M: 10.67%
• YTD: 21.39%
• 6M: 19.75%
• 1Y: 41.98%
• 3Y*: 28.89%
• 5Y*: 18.07%
• 10Y*: —

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

QARP vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	10.34%	13.99%	18.94%	23.03%	-14.62%	31.82%	8.55%
QQQM Invesco NASDAQ 100 ETF	21.39%	20.85%	25.68%	55.01%	-32.52%	27.45%	6.67%

Correlation

The correlation between QARP and QQQM is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Oct 14, 2020	0.83

The correlation between QARP and QQQM has been stable across timeframes, ranging from 0.78 to 0.84 - a consistent structural relationship.

QARP vs. QQQM - Sectors Allocation Comparison

Sectors	QARP	QQQM
Technology	21.9%	53.8%
Communication Services	14.7%	15.8%
Consumer Cyclical	13.2%	12.3%
Healthcare	11.3%	4.2%
Consumer Defensive	10.5%	7.7%
Financial Services	9.9%	0.2%
Industrials	9.0%	2.8%
Energy	6.5%	0.6%
Basic Materials	2.1%	1.1%
Real Estate	0.6%	0.1%
Utilities	0.3%	1.4%

Return for Risk

QARP vs. QQQM — Risk / Return Rank

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

QARP

QARP Risk / Return Rank: 75
QARP Sharpe Ratio Rank: 74
QARP Sortino Ratio Rank: 77
QARP Omega Ratio Rank: 72
QARP Calmar Ratio Rank: 70
QARP Martin Ratio Rank: 80

QQQM

QQQM Risk / Return Rank: 74
QQQM Sharpe Ratio Rank: 80
QQQM Sortino Ratio Rank: 75
QQQM Omega Ratio Rank: 75
QQQM Calmar Ratio Rank: 69
QQQM Martin Ratio Rank: 71

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.

QARP vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) 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.

	QARP	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	2.43	2.65	-0.23
Sortino ratio: Return per unit of downside risk	3.46	3.46	0.00
Omega ratio: Gain probability vs. loss probability	1.43	1.45	-0.02
Calmar ratio: Return relative to maximum drawdown	3.46	3.53	-0.07
Martin ratio: Return relative to average drawdown	15.79	13.52	+2.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QARP vs. QQQM - Sharpe Ratio Comparison

The current QARP Sharpe Ratio is 2.43, which is comparable to the QQQM Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of QARP 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.

Sharpe Ratios by Period

	QARP	QQQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.43	2.65	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.82	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.85	-0.13

Drawdowns

QARP vs. QQQM - Drawdown Comparison

The maximum QARP drawdown since its inception was -35.44%, roughly equal to the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for QARP and QQQM.

Drawdown Indicators

	QARP	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-35.44%	-35.04%	-0.40%
Max Drawdown (1Y) Largest decline over 1 year	-7.26%	-11.96%	+4.70%
Max Drawdown (3Y) Largest decline over 3 years	-15.65%	-22.70%	+7.05%
Max Drawdown (5Y) Largest decline over 5 years	-22.75%	-35.04%	+12.29%
Current Drawdown Current decline from peak	-0.98%	-0.20%	-0.78%
Average Drawdown Average peak-to-trough decline	-4.44%	-8.25%	+3.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	3.11%	-1.52%

Volatility

QARP vs. QQQM - Volatility Comparison

The current volatility for Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) is 2.21%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 4.48%. This indicates that QARP 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.

Volatility by Period

	QARP	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.21%	4.48%	-2.27%
Volatility (6M) Calculated over the trailing 6-month period	7.71%	12.05%	-4.34%
Volatility (1Y) Calculated over the trailing 1-year period	10.36%	15.91%	-5.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	22.24%	-6.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	22.12%	-2.47%

QARP vs. QQQM - Expense Ratio Comparison

QARP has a 0.19% 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%.

Dividends

QARP vs. QQQM - Dividend Comparison

QARP's dividend yield for the trailing twelve months is around 1.03%, more than QQQM's 0.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	1.03%	1.14%	1.39%	1.28%	1.68%	1.34%	1.61%	1.85%	1.39%
QQQM Invesco NASDAQ 100 ETF	0.41%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QARP and QQQM in my portfolio?

QARP and QQQM have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QARP or QQQM?

QQQM has higher volatility (4.48%) compared to QARP (2.21%). In terms of maximum drawdown, QARP dropped -35.44% vs QQQM's -35.04%.

Which ETF is better, QARP or QQQM?

On 5-year performance, QQQM leads with 18.07% vs 12.06% for QARP. On fees, QQQM is cheaper at 0.15% per year. On volatility, QARP has been the lower-risk option at 2.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QARP or QQQM?

Over the 5-year period, QQQM has performed better with a 18.07% return vs 12.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QARP or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.19% for QARP.

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

QARP has the higher dividend yield at 1.03%, compared with 0.41% for QQQM.

What is the main difference between QARP and QQQM?

QARP is categorized as Large Cap Growth Equities, while QQQM is Nasdaq-100. QARP tracks Russell 1000 2Qual/Val 5% Capped Factor Index, while QQQM tracks NASDAQ-100 Index. They also come from different issuers: Deutsche Bank and Invesco. Their fees differ too: 0.19% for QARP and 0.15% for QQQM.

Which has better risk-adjusted returns?

QQQM currently has the higher Sharpe Ratio (2.65 vs 2.43), 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.