QQLV vs. IDMO
QQLV (Invesco QQQ Low Volatility ETF) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - QQLV is a Large Cap Blend Equities fund tracking the Nasdaq Low Volatility Index, while IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Both are passively managed. Over the past year, QQLV returned 3.94% vs 21.68% for IDMO. At a 0.29 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
QQLV vs. IDMO - Performance Comparison
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Returns By Period
In the year-to-date period, QQLV achieves a 6.57% return, which is significantly lower than IDMO's 8.27% return.
QQLV
- 1D
- 2.68%
- 1M
- 2.34%
- 6M
- 4.61%
- YTD
- 6.57%
- 1Y
- 3.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDMO
- 1D
- -1.59%
- 1M
- -2.15%
- 6M
- 5.42%
- YTD
- 8.27%
- 1Y
- 21.68%
- 3Y*
- 24.84%
- 5Y*
- 15.50%
- 10Y*
- 12.47%
QQLV vs. IDMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQLV Invesco QQQ Low Volatility ETF | 6.57% | 4.19% | -5.60% |
IDMO Invesco S&P International Developed Momentum ETF | 8.27% | 42.17% | -5.53% |
Correlation
The correlation between QQLV and IDMO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024 | 0.29 |
The correlation between QQLV and IDMO shifts across timeframes, from 0.17 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
QQLV vs. IDMO — Risk / Return Rank
QQLV
IDMO
QQLV vs. IDMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Low Volatility ETF (QQLV) and Invesco S&P International Developed Momentum ETF (IDMO). 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.
| QQLV | IDMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.22 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | 1.77 | -1.23 |
| Martin ratioReturn relative to average drawdown | 1.04 | 6.94 | -5.90 |
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Drawdowns
QQLV vs. IDMO - Drawdown Comparison
The maximum QQLV drawdown since its inception was -9.54%, smaller than the maximum IDMO drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for QQLV and IDMO.
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Drawdown Indicators
| QQLV | IDMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.54% | -39.38% | +29.84% |
Max Drawdown (1Y)Largest decline over 1 year | -7.35% | -12.31% | +4.96% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.65% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.07% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.34% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.93% | +3.93% |
Average DrawdownAverage peak-to-trough decline | -3.11% | -9.70% | +6.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.79% | 3.13% | +0.66% |
Volatility
QQLV vs. IDMO - Volatility Comparison
The current volatility for Invesco QQQ Low Volatility ETF (QQLV) is 5.35%, while Invesco S&P International Developed Momentum ETF (IDMO) has a volatility of 5.93%. This indicates that QQLV experiences smaller price fluctuations and is considered to be less risky than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQLV | IDMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 5.93% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 8.54% | 16.86% | -8.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 18.53% | -7.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.98% | 18.14% | -5.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.98% | 17.89% | -4.91% |
QQLV vs. IDMO - Expense Ratio Comparison
Both QQLV and IDMO have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
QQLV vs. IDMO - Dividend Comparison
QQLV's dividend yield for the trailing twelve months is around 2.02%, less than IDMO's 3.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDMO Invesco S&P International Developed Momentum ETF | 3.69% | 3.71% | 2.24% | 2.89% | 3.66% | 1.81% | 1.63% | 2.78% | 3.27% | 3.08% | 2.18% | 2.52% |
QQLV Invesco QQQ Low Volatility ETF | 2.02% | 1.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQLV and IDMO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDMO has higher volatility (5.93%) compared to QQLV (5.35%). In terms of maximum drawdown, QQLV dropped -9.54% vs IDMO's -39.38%.
On 1-year performance, IDMO leads with 21.68% vs 3.94% for QQLV. Both ETFs have the same 0.25% expense ratio. On volatility, QQLV has been the lower-risk option at 5.35%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IDMO has performed better with a 21.68% return vs 3.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QQLV and IDMO have the same expense ratio: 0.25% per year.
IDMO has the higher dividend yield at 3.69%, compared with 2.02% for QQLV.
QQLV is categorized as Large Cap Blend Equities, while IDMO is Momentum. QQLV tracks Nasdaq Low Volatility Index, while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index.
IDMO currently has the higher Sharpe Ratio (1.18 vs 0.36), 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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