QPX vs. IETC
QPX (AdvisorShares Q Dynamic Growth ETF) and IETC (iShares U.S. Tech Independence Focused ETF) are both exchange-traded funds - QPX is a Large Cap Growth Equities fund actively managed by AdvisorShares, while IETC is a Technology Equities fund actively managed by iShares. Both are actively managed. Over the past 5 years, QPX returned 10.80%/yr vs 13.75%/yr for IETC. Their correlation of 0.93 means they have usually moved in the same direction. QPX charges 1.46%/yr vs 0.18%/yr for IETC.
Performance
QPX vs. IETC - Performance Comparison
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Returns By Period
In the year-to-date period, QPX achieves a 7.94% return, which is significantly higher than IETC's 3.80% return.
QPX
- 1D
- 1.47%
- 1M
- -0.23%
- 6M
- 5.39%
- YTD
- 7.94%
- 1Y
- 23.19%
- 3Y*
- 18.77%
- 5Y*
- 10.80%
- 10Y*
- —
- ALL TIME*
- 12.31%
IETC
- 1D
- 2.32%
- 1M
- 1.53%
- 6M
- 7.80%
- YTD
- 3.80%
- 1Y
- 10.80%
- 3Y*
- 24.41%
- 5Y*
- 13.75%
- 10Y*
- —
- ALL TIME*
- 20.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.74M | $5.59M | $5.70M | |
| $71.42K | $154.86K | $125.10K |
QPX vs. IETC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QPX AdvisorShares Q Dynamic Growth ETF | 7.94% | 24.12% | 17.28% | 44.63% | -30.90% | 22.29% | -0.31% |
IETC iShares U.S. Tech Independence Focused ETF | 3.80% | 19.56% | 37.57% | 54.35% | -32.78% | 29.73% | -0.54% |
Correlation
The correlation between QPX and IETC is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 2020 | 0.93 |
The correlation between QPX and IETC has been stable across timeframes, ranging from 0.85 to 0.93 - a consistent structural relationship.
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Return for Risk
QPX vs. IETC — Risk / Return Rank
QPX
IETC
QPX vs. IETC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and iShares U.S. Tech Independence Focused ETF (IETC). 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.
| QPX | IETC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.09 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 0.51 | +1.50 |
| Martin ratioReturn relative to average drawdown | 7.07 | 1.23 | +5.84 |
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Drawdowns
QPX vs. IETC - Drawdown Comparison
The maximum QPX drawdown since its inception was -34.74%, smaller than the maximum IETC drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for QPX and IETC.
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Drawdown Indicators
| QPX | IETC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.74% | -38.48% | +3.74% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -21.19% | +9.63% |
Max Drawdown (3Y)Largest decline over 3 years | -17.89% | -25.17% | +7.28% |
Max Drawdown (5Y)Largest decline over 5 years | -34.74% | -38.48% | +3.74% |
Current DrawdownCurrent decline from peak | -3.29% | -10.90% | +7.61% |
Average DrawdownAverage peak-to-trough decline | -7.94% | -8.19% | +0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.29% | 8.80% | -5.51% |
Volatility
QPX vs. IETC - Volatility Comparison
The current volatility for AdvisorShares Q Dynamic Growth ETF (QPX) is 5.27%, while iShares U.S. Tech Independence Focused ETF (IETC) has a volatility of 8.08%. This indicates that QPX experiences smaller price fluctuations and is considered to be less risky than IETC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QPX | IETC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.27% | 8.08% | -2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 12.92% | 19.61% | -6.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.93% | 24.07% | -8.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.18% | 25.12% | -4.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.01% | 25.52% | -5.51% |
QPX vs. IETC - Expense Ratio Comparison
QPX has a 1.46% expense ratio, which is higher than IETC's 0.18% expense ratio.
Dividends
QPX vs. IETC - Dividend Comparison
QPX has not paid dividends to shareholders, while IETC's dividend yield for the trailing twelve months is around 0.40%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IETC iShares U.S. Tech Independence Focused ETF | 0.40% | 0.38% | 0.52% | 0.79% | 0.92% | 0.73% | 0.48% | 0.95% | 1.27% |
QPX AdvisorShares Q Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QPX and IETC have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IETC has higher volatility (8.08%) compared to QPX (5.27%). In terms of maximum drawdown, QPX dropped -34.74% vs IETC's -38.48%.
On 5-year performance, IETC leads with 13.75% vs 10.80% for QPX. On fees, IETC is cheaper at 0.18% per year. On volatility, QPX has been the lower-risk option at 5.27%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IETC has performed better with a 13.75% return vs 10.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IETC is cheaper with a 0.18% expense ratio, compared with 1.46% for QPX.
IETC has the higher dividend yield at 0.40%, compared with 0.00% for QPX.
QPX is categorized as Large Cap Growth Equities, while IETC is Technology Equities. They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 1.46% for QPX and 0.18% for IETC.
QPX currently has the higher Sharpe Ratio (1.47 vs 0.45), 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.
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