QQMG vs. PSI

Last updated Aug 5, 2026

QQMG (Invesco ESG NASDAQ 100 ETF) and PSI (Invesco Semiconductors ETF) are both exchange-traded funds - QQMG is a Nasdaq-100 fund tracking the Nasdaq-100 ESG Total Return Index, while PSI is a Semiconductors fund tracking the Dynamic Semiconductors Intellidex Index. Both are passively managed. Over the past 3 years, QQMG returned 26.69%/yr vs 47.53%/yr for PSI. Their correlation of 0.84 means they have usually moved in the same direction. QQMG charges 0.20%/yr vs 0.56%/yr for PSI.

Performance

QQMG vs. PSI - Performance Comparison

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

Returns By Period

In the year-to-date period, QQMG achieves a 19.32% return, which is significantly lower than PSI's 86.43% 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%

PSI

• 1D: 5.69%
• 1M: -6.97%
• 6M: 56.60%
• YTD: 86.43%
• 1Y: 144.07%
• 3Y*: 47.53%
• 5Y*: 27.95%
• 10Y*: 31.27%
• ALL TIME*: 17.88%

*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)
PSI Invesco Semiconductors ETF	$79.02M	$65.33M	$74.92M
QQMG Invesco ESG NASDAQ 100 ETF	$831.38K	$1.27M	$1.13M

QQMG vs. PSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QQMG Invesco ESG NASDAQ 100 ETF	19.32%	22.16%	25.66%	55.00%	-31.56%	5.26%
PSI Invesco Semiconductors ETF	86.43%	36.32%	17.17%	49.06%	-34.43%	18.30%

Correlation

The correlation between QQMG and PSI is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.83
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021	0.84

The correlation between QQMG and PSI has been stable across timeframes, ranging from 0.81 to 0.84 - a consistent structural relationship.

QQMG vs. PSI - Sectors Allocation Comparison

Sectors	QQMG	PSI
Technology	66.2%	100.0%
Communication Services	11.8%	-
Consumer Cyclical	10.6%	-
Consumer Defensive	5.2%	-
Healthcare	3.3%	-
Basic Materials	1.4%	-
Industrials	1.2%	1.6%
Utilities	0.2%	-
Financial Services	0.2%	-
Real Estate	0.1%	-
Energy	-	-

Return for Risk

QQMG vs. PSI — 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

PSI

PSI Risk / Return Rank: 89
PSI Sharpe Ratio Rank: 95
PSI Sortino Ratio Rank: 84
PSI Omega Ratio Rank: 86
PSI Calmar Ratio Rank: 90
PSI Martin Ratio Rank: 93

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. PSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco ESG NASDAQ 100 ETF (QQMG) and Invesco Semiconductors ETF (PSI). 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	PSI	Difference
Sharpe ratio: Return per unit of total volatility	1.53	2.89	-1.36
Sortino ratio: Return per unit of downside risk	2.12	3.03	-0.92
Omega ratio: Gain probability vs. loss probability	1.26	1.41	-0.15
Calmar ratio: Return relative to maximum drawdown	2.44	4.06	-1.62
Martin ratio: Return relative to average drawdown	7.74	17.89	-10.14

QQMG vs. PSI - Sharpe Ratio Comparison

The current QQMG Sharpe Ratio is 1.53, which is lower than the PSI Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of QQMG and PSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QQMG vs. PSI - Drawdown Comparison

The maximum QQMG drawdown since its inception was -35.43%, smaller than the maximum PSI drawdown of -62.96%. Use the drawdown chart below to compare losses from any high point for QQMG and PSI.

Drawdown Indicators

	QQMG	PSI	Difference
Max Drawdown Largest peak-to-trough decline	-35.43%	-62.96%	+27.53%
Max Drawdown (1Y) Largest decline over 1 year	-12.67%	-35.74%	+23.07%
Max Drawdown (3Y) Largest decline over 3 years	-22.79%	-41.07%	+18.28%
Max Drawdown (5Y) Largest decline over 5 years	—	-44.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.85%	—
Current Drawdown Current decline from peak	-2.49%	-21.73%	+19.24%
Average Drawdown Average peak-to-trough decline	-9.43%	-15.92%	+6.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	8.09%	-4.11%

Volatility

QQMG vs. PSI - Volatility Comparison

The current volatility for Invesco ESG NASDAQ 100 ETF (QQMG) is 7.91%, while Invesco Semiconductors ETF (PSI) has a volatility of 23.52%. This indicates that QQMG experiences smaller price fluctuations and is considered to be less risky than PSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQMG	PSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.91%	23.52%	-15.61%
Volatility (6M) Calculated over the trailing 6-month period	16.95%	43.93%	-26.98%
Volatility (1Y) Calculated over the trailing 1-year period	20.31%	50.26%	-29.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.85%	40.69%	-16.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.85%	36.61%	-12.76%

QQMG vs. PSI - Expense Ratio Comparison

QQMG has a 0.20% expense ratio, which is lower than PSI's 0.56% expense ratio.

Dividends

QQMG vs. PSI - Dividend Comparison

QQMG's dividend yield for the trailing twelve months is around 0.36%, more than PSI's 0.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSI Invesco Semiconductors ETF	0.03%	0.10%	0.15%	0.40%	0.61%	0.14%	0.21%	0.52%	0.83%	0.21%	0.68%	0.16%
QQMG Invesco ESG NASDAQ 100 ETF	0.36%	0.41%	0.50%	0.60%	0.82%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQMG and PSI in my portfolio?

QQMG and PSI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQMG or PSI?

PSI has higher volatility (23.52%) compared to QQMG (7.91%). In terms of maximum drawdown, QQMG dropped -35.43% vs PSI's -62.96%.

Which ETF is better, QQMG or PSI?

On 3-year performance, PSI leads with 47.53% vs 26.69% for QQMG. On fees, QQMG is cheaper at 0.20% per year. On volatility, QQMG has been the lower-risk option at 7.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQMG or PSI?

Over the 3-year period, PSI has performed better with a 47.53% return vs 26.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQMG or PSI?

QQMG is cheaper with a 0.20% expense ratio, compared with 0.56% for PSI.

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

QQMG has the higher dividend yield at 0.36%, compared with 0.03% for PSI.

What is the main difference between QQMG and PSI?

QQMG is categorized as Nasdaq-100, while PSI is Semiconductors. QQMG tracks Nasdaq-100 ESG Total Return Index, while PSI tracks Dynamic Semiconductors Intellidex Index. Their fees differ too: 0.20% for QQMG and 0.56% for PSI.

Which has better risk-adjusted returns?

PSI currently has the higher Sharpe Ratio (2.89 vs 1.53), 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.