QBIG vs. IYW
QBIG (Invesco Top QQQ ETF) and IYW (iShares U.S. Technology ETF) are both exchange-traded funds - QBIG is a Large Cap Blend Equities fund actively managed by Invesco, while IYW is a Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index. QBIG is actively managed, while IYW is passively managed. Over the past year, QBIG returned 35.53% vs 58.25% for IYW. Their correlation of 0.92 suggests significant overlap in exposure. QBIG charges 0.29%/yr vs 0.38%/yr for IYW.
Performance
QBIG vs. IYW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QBIG achieves a 8.86% return, which is significantly lower than IYW's 28.46% return.
QBIG
- 1D
- 0.06%
- 1M
- 3.57%
- YTD
- 8.86%
- 6M
- 6.25%
- 1Y
- 35.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IYW
- 1D
- -0.44%
- 1M
- 13.87%
- YTD
- 28.46%
- 6M
- 27.22%
- 1Y
- 58.25%
- 3Y*
- 35.17%
- 5Y*
- 22.76%
- 10Y*
- 26.00%
QBIG vs. IYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QBIG Invesco Top QQQ ETF | 8.86% | 21.46% | 3.04% |
IYW iShares U.S. Technology ETF | 28.46% | 25.38% | -3.59% |
Correlation
The correlation between QBIG and IYW is 0.90, 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 | 0.90 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.92 |
The correlation between QBIG and IYW has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QBIG vs. IYW — Risk / Return Rank
QBIG
IYW
QBIG vs. IYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Top QQQ ETF (QBIG) and iShares U.S. Technology ETF (IYW). 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.
| QBIG | IYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.47 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 3.29 | -1.47 |
| Martin ratioReturn relative to average drawdown | 5.66 | 10.76 | -5.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| QBIG | IYW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 2.92 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.88 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.35 | +0.50 |
Drawdowns
QBIG vs. IYW - Drawdown Comparison
The maximum QBIG drawdown since its inception was -30.33%, smaller than the maximum IYW drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for QBIG and IYW.
Loading charts...
Drawdown Indicators
| QBIG | IYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.33% | -81.90% | +51.57% |
Max Drawdown (1Y)Largest decline over 1 year | -19.70% | -17.81% | -1.89% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.44% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.44% | — |
Current DrawdownCurrent decline from peak | -3.28% | -1.35% | -1.93% |
Average DrawdownAverage peak-to-trough decline | -7.01% | -34.65% | +27.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.30% | 5.43% | +0.87% |
Volatility
QBIG vs. IYW - Volatility Comparison
The current volatility for Invesco Top QQQ ETF (QBIG) is 5.32%, while iShares U.S. Technology ETF (IYW) has a volatility of 6.28%. This indicates that QBIG experiences smaller price fluctuations and is considered to be less risky than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QBIG | IYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 6.28% | -0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 15.84% | -1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.42% | 20.07% | -0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.28% | 25.86% | +1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.28% | 25.09% | +2.19% |
QBIG vs. IYW - Expense Ratio Comparison
QBIG has a 0.29% expense ratio, which is lower than IYW's 0.38% expense ratio.
Dividends
QBIG vs. IYW - Dividend Comparison
QBIG has not paid dividends to shareholders, while IYW's dividend yield for the trailing twelve months is around 0.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYW iShares U.S. Technology ETF | 0.11% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
QBIG Invesco Top QQQ ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QBIG and IYW have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYW has higher volatility (6.28%) compared to QBIG (5.32%). In terms of maximum drawdown, QBIG dropped -30.33% vs IYW's -81.90%.
On 1-year performance, IYW leads with 58.25% vs 35.53% for QBIG. On fees, QBIG is cheaper at 0.29% per year. On volatility, QBIG has been the lower-risk option at 5.32%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IYW has performed better with a 58.25% return vs 35.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QBIG is cheaper with a 0.29% expense ratio, compared with 0.38% for IYW.
IYW has the higher dividend yield at 0.11%, compared with 0.00% for QBIG.
QBIG is categorized as Large Cap Blend Equities, while IYW is Technology Equities. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.29% for QBIG and 0.38% for IYW.
IYW currently has the higher Sharpe Ratio (2.92 vs 1.84), 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.
Find the right allocation for QBIG and IYW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer