QQMG vs. QQQI

Last updated Aug 5, 2026

QQMG (Invesco ESG NASDAQ 100 ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both Nasdaq-100 funds. QQMG is passively managed, while QQQI is actively managed. Over the past year, QQMG returned 30.76% vs 20.70% for QQQI. Their 0.97 correlation means they have historically moved very closely together. QQMG charges 0.20%/yr vs 0.68%/yr for QQQI.

Performance

QQMG vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco ESG NASDAQ 100 ETF (QQMG) and NEOS Nasdaq-100 High Income ETF (QQQI). 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 higher than QQQI's 11.18% 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%

QQQI

• 1D: 2.45%
• 1M: 0.80%
• 6M: 10.57%
• YTD: 11.18%
• 1Y: 20.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.84%

*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)
QQMG Invesco ESG NASDAQ 100 ETF	$831.38K	$1.27M	$1.13M
QQQI NEOS Nasdaq-100 High Income ETF	$332.84M	$328.69M	$357.78M

QQMG vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQMG Invesco ESG NASDAQ 100 ETF	19.32%	22.16%	19.04%
QQQI NEOS Nasdaq-100 High Income ETF	11.18%	18.62%	19.44%

Correlation

The correlation between QQMG and QQQI is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.99
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024	0.97

The correlation between QQMG and QQQI has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

QQMG vs. QQQI - Sectors Allocation Comparison

Sectors	QQMG	QQQI
Technology	66.2%	59.9%
Communication Services	11.8%	12.1%
Consumer Cyclical	10.6%	10.0%
Consumer Defensive	5.2%	6.5%
Healthcare	3.3%	3.7%
Basic Materials	1.4%	1.1%
Industrials	1.2%	4.3%
Utilities	0.2%	1.2%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%
Energy	-	0.5%

Return for Risk

QQMG vs. QQQI — 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

QQQI

QQQI Risk / Return Rank: 49
QQQI Sharpe Ratio Rank: 45
QQQI Sortino Ratio Rank: 43
QQQI Omega Ratio Rank: 44
QQQI Calmar Ratio Rank: 54
QQQI Martin Ratio Rank: 58

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. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco ESG NASDAQ 100 ETF (QQMG) and NEOS Nasdaq-100 High Income ETF (QQQI). 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	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	1.53	1.27	+0.26
Sortino ratio: Return per unit of downside risk	2.12	1.78	+0.34
Omega ratio: Gain probability vs. loss probability	1.26	1.23	+0.03
Calmar ratio: Return relative to maximum drawdown	2.44	2.16	+0.27
Martin ratio: Return relative to average drawdown	7.74	7.74	+0.01

QQMG vs. QQQI - Sharpe Ratio Comparison

The current QQMG Sharpe Ratio is 1.53, which is comparable to the QQQI Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of QQMG and QQQI, 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. QQQI - Drawdown Comparison

The maximum QQMG drawdown since its inception was -35.43%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for QQMG and QQQI.

Drawdown Indicators

	QQMG	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-35.43%	-20.00%	-15.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.67%	-9.61%	-3.06%
Max Drawdown (3Y) Largest decline over 3 years	-22.79%	—	—
Current Drawdown Current decline from peak	-2.49%	-2.16%	-0.33%
Average Drawdown Average peak-to-trough decline	-9.43%	-2.28%	-7.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	2.68%	+1.30%

Volatility

QQMG vs. QQQI - Volatility Comparison

Invesco ESG NASDAQ 100 ETF (QQMG) has a higher volatility of 7.91% compared to NEOS Nasdaq-100 High Income ETF (QQQI) at 6.94%. This indicates that QQMG's price experiences larger fluctuations and is considered to be riskier than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQMG	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.91%	6.94%	+0.97%
Volatility (6M) Calculated over the trailing 6-month period	16.95%	13.90%	+3.05%
Volatility (1Y) Calculated over the trailing 1-year period	20.31%	16.49%	+3.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.85%	17.81%	+6.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.85%	17.81%	+6.04%

QQMG vs. QQQI - Expense Ratio Comparison

QQMG has a 0.20% expense ratio, which is lower than QQQI's 0.68% expense ratio.

Dividends

QQMG vs. QQQI - Dividend Comparison

QQMG's dividend yield for the trailing twelve months is around 0.36%, less than QQQI's 13.82% yield.

Position	TTM	2025	2024	2023	2022	2021
QQMG Invesco ESG NASDAQ 100 ETF	0.36%	0.41%	0.50%	0.60%	0.82%	0.08%
QQQI NEOS Nasdaq-100 High Income ETF	13.82%	13.82%	12.85%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQMG and QQQI in my portfolio?

With a correlation of 0.99, QQMG and QQQI 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 is riskier, QQMG or QQQI?

QQMG has higher volatility (7.91%) compared to QQQI (6.94%). In terms of maximum drawdown, QQMG dropped -35.43% vs QQQI's -20.00%.

Which ETF is better, QQMG or QQQI?

On 1-year performance, QQMG leads with 30.76% vs 20.70% for QQQI. On fees, QQMG is cheaper at 0.20% per year. On volatility, QQQI has been the lower-risk option at 6.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQMG or QQQI?

Over the 1-year period, QQMG has performed better with a 30.76% return vs 20.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQMG or QQQI?

QQMG is cheaper with a 0.20% expense ratio, compared with 0.68% for QQQI.

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

QQQI has the higher dividend yield at 13.82%, compared with 0.36% for QQMG.

What is the main difference between QQMG and QQQI?

They also come from different issuers: Invesco and Neos. Their fees differ too: 0.20% for QQMG and 0.68% for QQQI.

Which has better risk-adjusted returns?

QQMG currently has the higher Sharpe Ratio (1.53 vs 1.27), 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.