QQMG vs. IQQ

Last updated Aug 5, 2026

QQMG (Invesco ESG NASDAQ 100 ETF) and IQQ (iShares Nasdaq 100 ETF) are both Nasdaq-100 funds - QQMG tracks the Nasdaq-100 ESG Total Return Index while IQQ tracks the NASDAQ-100 Index. Both are passively managed. Their 0.98 correlation means they have historically moved very closely together. QQMG charges 0.20%/yr vs 0.10%/yr for IQQ.

Performance

QQMG vs. IQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco ESG NASDAQ 100 ETF (QQMG) and iShares Nasdaq 100 ETF (IQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

IQQ

• 1D: 3.42%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IQQ iShares Nasdaq 100 ETF	$30.25M	$36.03M	$36.03M
QQMG Invesco ESG NASDAQ 100 ETF	$831.38K	$1.27M	$1.13M

QQMG vs. IQQ - Yearly Performance Comparison

	2026 (YTD)
QQMG Invesco ESG NASDAQ 100 ETF	2.18%
IQQ iShares Nasdaq 100 ETF	0.37%

Correlation

The correlation between QQMG and IQQ is 0.98 - 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 Jul 9, 2026	0.98

Return for Risk

QQMG vs. IQQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QQMG

QQMG Risk / Return Rank: 56
QQMG Sharpe Ratio Rank: 56
QQMG Sortino Ratio Rank: 54
QQMG Omega Ratio Rank: 51
QQMG Calmar Ratio Rank: 61
QQMG Martin Ratio Rank: 58

IQQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QQMG vs. IQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco ESG NASDAQ 100 ETF (QQMG) and iShares Nasdaq 100 ETF (IQQ). 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	IQQ	Difference
Sharpe ratio: Return per unit of total volatility	1.53	—	—
Sortino ratio: Return per unit of downside risk	2.12	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.44	—	—
Martin ratio: Return relative to average drawdown	7.74	—	—

Drawdowns

QQMG vs. IQQ - Drawdown Comparison

The maximum QQMG drawdown since its inception was -35.43%, which is greater than IQQ's maximum drawdown of -8.80%. Use the drawdown chart below to compare losses from any high point for QQMG and IQQ.

Drawdown Indicators

	QQMG	IQQ	Difference
Max Drawdown Largest peak-to-trough decline	-35.43%	-8.80%	-26.63%
Max Drawdown (1Y) Largest decline over 1 year	-12.67%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.79%	—	—
Current Drawdown Current decline from peak	-2.49%	-0.24%	-2.25%
Average Drawdown Average peak-to-trough decline	-9.43%	-3.51%	-5.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	—	—

Volatility

Volatility by Period

	QQMG	IQQ	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%	26.37%	-6.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.85%	26.37%	-2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.85%	26.37%	-2.52%

QQMG vs. IQQ - Expense Ratio Comparison

QQMG has a 0.20% expense ratio, which is higher than IQQ's 0.10% 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

QQMG vs. IQQ - Dividend Comparison

QQMG's dividend yield for the trailing twelve months is around 0.36%, while IQQ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
IQQ iShares Nasdaq 100 ETF	0.00%	0.00%	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

Can I hold both QQMG and IQQ in my portfolio?

With a correlation of 0.98, QQMG and IQQ 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.

Which ETF is better, QQMG or IQQ?

On fees, IQQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQMG or IQQ?

IQQ is cheaper with a 0.10% expense ratio, compared with 0.20% for QQMG.

Which ETF pays a higher dividend yield, QQMG or IQQ?

QQMG has the higher dividend yield at 0.36%, compared with 0.00% for IQQ.

What is the main difference between QQMG and IQQ?

QQMG tracks Nasdaq-100 ESG Total Return Index, while IQQ tracks NASDAQ-100 Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for QQMG and 0.10% for IQQ.