QQLV vs. ITOT
QQLV (Invesco QQQ Low Volatility ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both Large Cap Blend Equities funds - QQLV tracks the Nasdaq Low Volatility Index while ITOT tracks the S&P Total Market Index. Both are passively managed. Over the past year, QQLV returned -1.95% vs 28.12% for ITOT. At a 0.45 correlation, their price movements are largely independent. QQLV charges 0.25%/yr vs 0.03%/yr for ITOT.
Performance
QQLV vs. ITOT - Performance Comparison
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Returns By Period
In the year-to-date period, QQLV achieves a 1.94% return, which is significantly lower than ITOT's 11.25% return.
QQLV
- 1D
- -0.03%
- 1M
- -0.15%
- YTD
- 1.94%
- 6M
- 1.06%
- 1Y
- -1.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ITOT
- 1D
- -0.73%
- 1M
- 5.01%
- YTD
- 11.25%
- 6M
- 11.12%
- 1Y
- 28.12%
- 3Y*
- 22.09%
- 5Y*
- 12.69%
- 10Y*
- 15.01%
QQLV vs. ITOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQLV Invesco QQQ Low Volatility ETF | 1.94% | 4.19% | -5.60% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 11.25% | 17.00% | -3.91% |
Correlation
The correlation between QQLV and ITOT is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.45 |
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Return for Risk
QQLV vs. ITOT — Risk / Return Rank
QQLV
ITOT
QQLV vs. ITOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Low Volatility ETF (QQLV) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.
| QQLV | ITOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.51 | ||
| Sortino ratioReturn per unit of downside risk | -3.37 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.42 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 3.17 | -3.44 |
| Martin ratioReturn relative to average drawdown | -0.52 | 14.57 | -15.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QQLV | ITOT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 2.32 | -2.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.74 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.57 | -0.56 |
Drawdowns
QQLV vs. ITOT - Drawdown Comparison
The maximum QQLV drawdown since its inception was -9.54%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for QQLV and ITOT.
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Drawdown Indicators
| QQLV | ITOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.54% | -55.20% | +45.66% |
Max Drawdown (1Y)Largest decline over 1 year | -7.35% | -8.90% | +1.55% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.44% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.00% | — |
Current DrawdownCurrent decline from peak | -3.61% | -0.73% | -2.88% |
Average DrawdownAverage peak-to-trough decline | -3.19% | -6.97% | +3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 1.94% | +1.79% |
Volatility
QQLV vs. ITOT - Volatility Comparison
The current volatility for Invesco QQQ Low Volatility ETF (QQLV) is 2.66%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 2.99%. This indicates that QQLV experiences smaller price fluctuations and is considered to be less risky than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQLV | ITOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 2.99% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 7.05% | 9.13% | -2.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.13% | 12.20% | -2.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.70% | 17.36% | -4.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.70% | 18.26% | -5.56% |
QQLV vs. ITOT - Expense Ratio Comparison
QQLV has a 0.25% expense ratio, which is higher than ITOT's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
QQLV vs. ITOT - Dividend Comparison
QQLV's dividend yield for the trailing twelve months is around 2.06%, more than ITOT's 0.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITOT iShares Core S&P Total U.S. Stock Market ETF | 0.98% | 1.11% | 1.23% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% |
QQLV Invesco QQQ Low Volatility ETF | 2.06% | 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 ITOT have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ITOT has higher volatility (2.99%) compared to QQLV (2.66%). In terms of maximum drawdown, QQLV dropped -9.54% vs ITOT's -55.20%.
On 1-year performance, ITOT leads with 28.12% vs -1.95% for QQLV. On fees, ITOT is cheaper at 0.03% per year. On volatility, QQLV has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ITOT has performed better with a 28.12% return vs -1.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ITOT is cheaper with a 0.03% expense ratio, compared with 0.25% for QQLV.
QQLV has the higher dividend yield at 2.06%, compared with 0.98% for ITOT.
QQLV tracks Nasdaq Low Volatility Index, while ITOT tracks S&P Total Market Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.25% for QQLV and 0.03% for ITOT.
ITOT currently has the higher Sharpe Ratio (2.32 vs -0.19), 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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