QQJG vs. DBE
QQJG (Invesco ESG NASDAQ Next Gen 100 ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - QQJG is a Mid Cap Growth Equities fund tracking the Nasdaq Next Generation 100 ESG Index - Benchmark TR Gross, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 3 years, QQJG returned 14.09%/yr vs 23.42%/yr for DBE. At a 0.08 correlation, their price movements are largely independent. QQJG charges 0.20%/yr vs 0.78%/yr for DBE.
Performance
QQJG vs. DBE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQJG achieves a 1.44% return, which is significantly lower than DBE's 83.68% return.
QQJG
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 1.44%
- 6M
- 1.92%
- 1Y
- 18.92%
- 3Y*
- 14.09%
- 5Y*
- —
- 10Y*
- —
DBE
- 1D
- 2.33%
- 1M
- -5.45%
- YTD
- 83.68%
- 6M
- 74.95%
- 1Y
- 84.41%
- 3Y*
- 23.42%
- 5Y*
- 19.66%
- 10Y*
- 12.03%
QQJG vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QQJG Invesco ESG NASDAQ Next Gen 100 ETF | 1.44% | 18.05% | 14.67% | 17.20% | -27.69% | 0.91% |
DBE Invesco DB Energy Fund | 83.68% | -2.17% | 2.96% | -12.14% | 33.77% | -6.46% |
Correlation
The correlation between QQJG and DBE is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021 | 0.08 |
The correlation between QQJG and DBE shifts across timeframes, from -0.12 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
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
QQJG vs. DBE — Risk / Return Rank
QQJG
DBE
QQJG vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) and Invesco DB Energy Fund (DBE). 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.
| QQJG | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.40 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 5.89 | -3.47 |
| Martin ratioReturn relative to average drawdown | 8.87 | 11.53 | -2.66 |
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
| QQJG | DBE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | 2.43 | -1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.67 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.09 | +0.07 |
Drawdowns
QQJG vs. DBE - Drawdown Comparison
The maximum QQJG drawdown since its inception was -36.76%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for QQJG and DBE.
Loading charts...
Drawdown Indicators
| QQJG | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.76% | -86.69% | +49.93% |
Max Drawdown (1Y)Largest decline over 1 year | -7.93% | -14.41% | +6.48% |
Max Drawdown (3Y)Largest decline over 3 years | -23.48% | -23.89% | +0.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | -2.09% | -30.27% | +28.18% |
Average DrawdownAverage peak-to-trough decline | -15.32% | -57.31% | +41.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 7.35% | -5.20% |
Volatility
QQJG vs. DBE - Volatility Comparison
The current volatility for Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) is 0.00%, while Invesco DB Energy Fund (DBE) has a volatility of 12.95%. This indicates that QQJG experiences smaller price fluctuations and is considered to be less risky than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QQJG | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 12.95% | -12.95% |
Volatility (6M)Calculated over the trailing 6-month period | 8.32% | 30.86% | -22.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.05% | 34.97% | -20.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.70% | 29.39% | -7.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.70% | 28.33% | -6.63% |
QQJG vs. DBE - Expense Ratio Comparison
QQJG has a 0.20% expense ratio, which is lower than DBE's 0.78% expense ratio.
Dividends
QQJG vs. DBE - Dividend Comparison
QQJG's dividend yield for the trailing twelve months is around 13.86%, more than DBE's 2.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.10% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
QQJG Invesco ESG NASDAQ Next Gen 100 ETF | 13.86% | 0.68% | 0.65% | 0.54% | 0.70% | 0.08% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQJG and DBE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBE has higher volatility (12.95%) compared to QQJG (0.00%). In terms of maximum drawdown, QQJG dropped -36.76% vs DBE's -86.69%.
On 3-year performance, DBE leads with 23.42% vs 14.09% for QQJG. On fees, QQJG is cheaper at 0.20% per year. On volatility, QQJG has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, DBE has performed better with a 23.42% return vs 14.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QQJG is cheaper with a 0.20% expense ratio, compared with 0.78% for DBE.
QQJG has the higher dividend yield at 13.86%, compared with 2.10% for DBE.
QQJG is categorized as Mid Cap Growth Equities, while DBE is Oil & Gas. QQJG tracks Nasdaq Next Generation 100 ESG Index - Benchmark TR Gross, while DBE tracks DBIQ Optimum Yield Energy Index. Their fees differ too: 0.20% for QQJG and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (2.43 vs 1.37), 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 QQJG and DBE
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