QQMG vs. BALQ
QQMG (Invesco ESG NASDAQ 100 ETF) and BALQ (iShares Nasdaq Premium Income Active ETF) are both Nasdaq-100 funds. QQMG is passively managed, while BALQ is actively managed. Their 0.99 correlation means they have historically moved very closely together. QQMG charges 0.20%/yr vs 0.35%/yr for BALQ.
Performance
QQMG vs. BALQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQMG achieves a 19.32% return, which is significantly lower than BALQ's 21.62% return.
QQMG
- 1D
- 3.57%
- 1M
- 2.05%
- 6M
- 19.69%
- YTD
- 19.32%
- 1Y
- 30.76%
- 3Y*
- 26.69%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.20%
BALQ
- 1D
- 2.69%
- 1M
- 2.76%
- 6M
- 19.70%
- YTD
- 21.62%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $314.59K | $249.46K | $183.11K | |
| $831.38K | $1.27M | $1.13M |
QQMG vs. BALQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQMG Invesco ESG NASDAQ 100 ETF | 19.32% | -0.94% |
BALQ iShares Nasdaq Premium Income Active ETF | 21.62% | 0.04% |
Correlation
The correlation between QQMG and BALQ is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | 0.99 |
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
QQMG vs. BALQ — Risk / Return Rank
QQMG
BALQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQMG vs. BALQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco ESG NASDAQ 100 ETF (QQMG) and iShares Nasdaq Premium Income Active ETF (BALQ). 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.
| QQMG | BALQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | — | — |
| Martin ratioReturn relative to average drawdown | 7.74 | — | — |
Loading charts...
Drawdowns
QQMG vs. BALQ - Drawdown Comparison
The maximum QQMG drawdown since its inception was -35.43%, which is greater than BALQ's maximum drawdown of -11.79%. Use the drawdown chart below to compare losses from any high point for QQMG and BALQ.
Loading charts...
Drawdown Indicators
| QQMG | BALQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.43% | -11.79% | -23.64% |
Max Drawdown (1Y)Largest decline over 1 year | -12.67% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -22.79% | — | — |
Current DrawdownCurrent decline from peak | -2.49% | -1.25% | -1.24% |
Average DrawdownAverage peak-to-trough decline | -9.43% | -2.72% | -6.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | — | — |
Volatility
QQMG vs. BALQ - Volatility Comparison
Loading charts...
Volatility by Period
| QQMG | BALQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.91% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.95% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.31% | 21.72% | -1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.85% | 21.72% | +2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.85% | 21.72% | +2.13% |
QQMG vs. BALQ - Expense Ratio Comparison
QQMG has a 0.20% expense ratio, which is lower than BALQ's 0.35% expense ratio.
Dividends
QQMG vs. BALQ - Dividend Comparison
QQMG's dividend yield for the trailing twelve months is around 0.36%, less than BALQ's 6.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 6.87% | 0.95% | 0.00% | 0.00% | 0.00% | 0.00% |
QQMG Invesco ESG NASDAQ 100 ETF | 0.36% | 0.41% | 0.50% | 0.60% | 0.82% | 0.08% |
Frequently Asked Questions
With a correlation of 0.99, QQMG and BALQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, QQMG is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQMG is cheaper with a 0.20% expense ratio, compared with 0.35% for BALQ.
BALQ has the higher dividend yield at 6.87%, compared with 0.36% for QQMG.
They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for QQMG and 0.35% for BALQ.
Find the right allocation for QQMG and BALQ
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