QBIG vs. QQQM

Last updated Jun 5, 2026

QBIG (Invesco Top QQQ ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - QBIG is a Large Cap Blend Equities fund actively managed by Invesco, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. QBIG is actively managed, while QQQM is passively managed. Over the past year, QBIG returned 35.53% vs 40.83% for QQQM. Their correlation of 0.92 suggests significant overlap in exposure. QBIG charges 0.29%/yr vs 0.15%/yr for QQQM.

Performance

QBIG vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Top QQQ ETF (QBIG) 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, QBIG achieves a 8.86% return, which is significantly lower than QQQM's 20.73% return.

QBIG

• 1D: 0.06%
• 1M: 3.57%
• YTD: 8.86%
• 6M: 6.25%
• 1Y: 35.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQM

• 1D: -0.54%
• 1M: 8.67%
• YTD: 20.73%
• 6M: 19.22%
• 1Y: 40.83%
• 3Y*: 28.64%
• 5Y*: 17.94%
• 10Y*: —

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

QBIG vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QBIG Invesco Top QQQ ETF	8.86%	21.46%	3.04%
QQQM Invesco NASDAQ 100 ETF	20.73%	20.85%	-2.14%

Correlation

The correlation between QBIG and QQQM is 0.89, 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	0.89
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024	0.92

The correlation between QBIG and QQQM has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

QBIG vs. QQQM - Sectors Allocation Comparison

Sectors	QBIG	QQQM
Technology	19.4%	53.8%
Financial Services	14.8%	0.2%
Consumer Cyclical	7.9%	12.3%
Communication Services	6.0%	15.8%
Basic Materials	-	1.1%
Consumer Defensive	-	7.7%
Energy	-	0.6%
Healthcare	-	4.2%
Industrials	-	2.8%
Real Estate	-	0.1%
Utilities	-	1.4%

Return for Risk

QBIG vs. QQQM — Risk / Return Rank

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

QBIG

QBIG Risk / Return Rank: 46
QBIG Sharpe Ratio Rank: 55
QBIG Sortino Ratio Rank: 51
QBIG Omega Ratio Rank: 50
QBIG Calmar Ratio Rank: 37
QBIG Martin Ratio Rank: 37

QQQM

QQQM Risk / Return Rank: 75
QQQM Sharpe Ratio Rank: 81
QQQM Sortino Ratio Rank: 76
QQQM Omega Ratio Rank: 75
QQQM Calmar Ratio Rank: 70
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.

QBIG vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Top QQQ ETF (QBIG) 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.

	QBIG	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	1.84	2.58	-0.74
Sortino ratio: Return per unit of downside risk	2.45	3.38	-0.93
Omega ratio: Gain probability vs. loss probability	1.31	1.44	-0.13
Calmar ratio: Return relative to maximum drawdown	1.81	3.43	-1.62
Martin ratio: Return relative to average drawdown	5.66	13.15	-7.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QBIG vs. QQQM - Sharpe Ratio Comparison

The current QBIG Sharpe Ratio is 1.84, which is comparable to the QQQM Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of QBIG 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

	QBIG	QQQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	2.58	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.84	+0.01

Drawdowns

QBIG vs. QQQM - Drawdown Comparison

The maximum QBIG drawdown since its inception was -30.33%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for QBIG and QQQM.

Drawdown Indicators

	QBIG	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-30.33%	-35.04%	+4.71%
Max Drawdown (1Y) Largest decline over 1 year	-19.70%	-11.96%	-7.74%
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	-3.28%	-0.75%	-2.53%
Average Drawdown Average peak-to-trough decline	-7.01%	-8.24%	+1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.30%	3.11%	+3.19%

Volatility

QBIG vs. QQQM - Volatility Comparison

Invesco Top QQQ ETF (QBIG) has a higher volatility of 5.32% compared to Invesco NASDAQ 100 ETF (QQQM) at 4.51%. This indicates that QBIG'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

	QBIG	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	4.51%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	14.63%	12.06%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	19.42%	15.91%	+3.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.28%	22.23%	+5.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.28%	22.11%	+5.17%

QBIG vs. QQQM - Expense Ratio Comparison

QBIG has a 0.29% expense ratio, which is higher than QQQM's 0.15% expense ratio.

Dividends

QBIG vs. QQQM - Dividend Comparison

QBIG has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.42%.

Position	TTM	2025	2024	2023	2022	2021	2020
QBIG Invesco Top QQQ ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.42%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Frequently Asked Questions

Can I hold both QBIG and QQQM in my portfolio?

QBIG and QQQM have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QBIG or QQQM?

QBIG has higher volatility (5.32%) compared to QQQM (4.51%). In terms of maximum drawdown, QBIG dropped -30.33% vs QQQM's -35.04%.

Which ETF is better, QBIG or QQQM?

On 1-year performance, QQQM leads with 40.83% vs 35.53% for QBIG. On fees, QQQM is cheaper at 0.15% per year. On volatility, QQQM has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QBIG or QQQM?

Over the 1-year period, QQQM has performed better with a 40.83% return vs 35.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QBIG or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.29% for QBIG.

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

QQQM has the higher dividend yield at 0.42%, compared with 0.00% for QBIG.

What is the main difference between QBIG and QQQM?

QBIG is categorized as Large Cap Blend Equities, while QQQM is Nasdaq-100. Their fees differ too: 0.29% for QBIG and 0.15% for QQQM.

Which has better risk-adjusted returns?

QQQM currently has the higher Sharpe Ratio (2.58 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.