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QQQ vs. REMX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQQ vs. REMX

Last updated Jun 13, 2026

QQQ (Invesco QQQ ETF) and REMX (VanEck Rare Earth and Strategic Metals ETF) are both exchange-traded funds - QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while REMX is a Materials fund tracking the MarketVector Global Rare Earth/Strategic Metals Index. Both are passively managed. Over the past 10 years, QQQ returned 21.79%/yr vs 10.32%/yr for REMX. At a 0.49 correlation, their price movements are largely independent. QQQ charges 0.18%/yr vs 0.59%/yr for REMX.

Performance

QQQ vs. REMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ ETF (QQQ) and VanEck Rare Earth and Strategic Metals ETF (REMX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QQQ achieves a 17.57% return, which is significantly lower than REMX's 29.19% return. Over the past 10 years, QQQ has outperformed REMX with an annualized return of 21.79%, while REMX has yielded a comparatively lower 10.32% annualized return.

QQQ

1D
0.59%
1M
0.93%
YTD
17.57%
6M
17.85%
1Y
35.82%
3Y*
26.43%
5Y*
16.85%
10Y*
21.79%

REMX

1D
2.73%
1M
-10.13%
YTD
29.19%
6M
34.20%
1Y
144.64%
3Y*
5.16%
5Y*
4.80%
10Y*
10.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQQ vs. REMX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QQQ
Invesco QQQ ETF		17.57%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%
REMX
VanEck Rare Earth and Strategic Metals ETF		29.19%92.95%-35.02%-19.18%-31.13%79.81%64.82%0.74%-49.63%82.60%

Correlation

The correlation between QQQ and REMX 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 (3Y)
Calculated over the trailing 3-year period

0.38

Correlation (5Y)
Calculated over the trailing 5-year period

0.47

Correlation (10Y)
Calculated over the trailing 10-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Oct 28, 2010

0.49

The correlation between QQQ and REMX shifts across timeframes, from 0.38 (3 years) to 0.49 (all time), reflecting how their relationship changes across market environments.

QQQ vs. REMX - Sectors Allocation Comparison

Sectors
QQQ
REMX

Technology

53.8%

-

Communication Services

15.8%

-

Consumer Cyclical

12.3%

-

Consumer Defensive

7.7%

-

Healthcare

4.2%

-

Industrials

2.8%

-

Utilities

1.4%

-

Basic Materials

1.1%
100.0%

Energy

0.6%

-

Financial Services

0.2%

-

Real Estate

0.1%

-

Technology

QQQ
53.8%
REMX

-

Communication Services

QQQ
15.8%
REMX

-

Consumer Cyclical

QQQ
12.3%
REMX

-

Consumer Defensive

QQQ
7.7%
REMX

-

Healthcare

QQQ
4.2%
REMX

-

Industrials

QQQ
2.8%
REMX

-

Utilities

QQQ
1.4%
REMX

-

Basic Materials

QQQ
1.1%
REMX
100.0%

Energy

QQQ
0.6%
REMX

-

Financial Services

QQQ
0.2%
REMX

-

Real Estate

QQQ
0.1%
REMX

-

Compare stocks, funds, or ETFs

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Invesco QQQ ETF

VanEck Rare Earth and Strategic Metals ETF

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Often compared with REMX:
REMX vs. LITREMX vs. XLBREMX vs. USARREMX vs. COPXREMX vs. RAREREMX vs. GNRREMX vs. WTRE

Return for Risk

QQQ vs. REMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQ
QQQ Risk / Return Rank: 7171
Overall Rank
QQQ Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 7070
Sortino Ratio Rank
QQQ Omega Ratio Rank: 7373
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6969
Calmar Ratio Rank
QQQ Martin Ratio Rank: 7070
Martin Ratio Rank
REMX
REMX Risk / Return Rank: 8787
Overall Rank
REMX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
REMX Sortino Ratio Rank: 8383
Sortino Ratio Rank
REMX Omega Ratio Rank: 7878
Omega Ratio Rank
REMX Calmar Ratio Rank: 9494
Calmar Ratio Rank
REMX Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQQ vs. REMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and VanEck Rare Earth and Strategic Metals ETF (REMX). 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.

QQQREMXDifference
Sharpe ratioReturn per unit of total volatility
2.09
2.93

-0.83

Sortino ratioReturn per unit of downside risk
2.73
3.19

-0.46

Omega ratioGain probability vs. loss probability

1.37

1.40

-0.03

Calmar ratioReturn relative to maximum drawdown

3.01

6.23

-3.22

Martin ratioReturn relative to average drawdown

11.22

16.82

-5.60

QQQ vs. REMX - Sharpe Ratio Comparison

The current QQQ Sharpe Ratio is 2.09, which is comparable to the REMX Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of QQQ and REMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

QQQ vs. REMX - Drawdown Comparison

The maximum QQQ drawdown since its inception was -82.97%, smaller than the maximum REMX drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for QQQ and REMX.

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Drawdown Indicators

QQQREMXDifference

Max Drawdown

Largest peak-to-trough decline

-82.97%

-90.20%

+7.23%

Max Drawdown (1Y)

Largest decline over 1 year

-11.96%

-23.35%

+11.39%

Max Drawdown (3Y)

Largest decline over 3 years

-22.77%

-62.11%

+39.34%

Max Drawdown (5Y)

Largest decline over 5 years

-35.12%

-73.34%

+38.22%

Max Drawdown (10Y)

Largest decline over 10 years

-35.12%

-73.34%

+38.22%

Current Drawdown

Current decline from peak

-3.33%

-56.27%

+52.94%

Average Drawdown

Average peak-to-trough decline

-32.75%

-66.84%

+34.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.20%

8.63%

-5.43%

Volatility

QQQ vs. REMX - Volatility Comparison

The current volatility for Invesco QQQ ETF (QQQ) is 7.56%, while VanEck Rare Earth and Strategic Metals ETF (REMX) has a volatility of 17.56%. This indicates that QQQ experiences smaller price fluctuations and is considered to be less risky than REMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQQREMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.56%

17.56%

-10.00%

Volatility (6M)

Calculated over the trailing 6-month period

13.81%

37.14%

-23.33%

Volatility (1Y)

Calculated over the trailing 1-year period

17.19%

49.74%

-32.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.55%

40.64%

-18.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.38%

37.14%

-14.76%

QQQ vs. REMX - Expense Ratio Comparison

QQQ has a 0.18% expense ratio, which is lower than REMX's 0.59% expense ratio.

Dividends

QQQ vs. REMX - Dividend Comparison

QQQ's dividend yield for the trailing twelve months is around 0.39%, less than REMX's 1.36% yield.

PositionTTM20252024202320222021202020192018201720162015
QQQ
Invesco QQQ ETF		0.39%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%
REMX
VanEck Rare Earth and Strategic Metals ETF		1.36%1.76%2.56%0.00%1.56%5.25%0.81%1.64%12.43%2.89%2.23%4.77%

Frequently Asked Questions

QQQ and REMX 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.

REMX has higher volatility (17.56%) compared to QQQ (7.56%). In terms of maximum drawdown, QQQ dropped -82.97% vs REMX's -90.20%.

On 10-year performance, QQQ leads with 21.79% vs 10.32% for REMX. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 7.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, QQQ has performed better with a 21.79% return vs 10.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QQQ is cheaper with a 0.18% expense ratio, compared with 0.59% for REMX.

REMX has the higher dividend yield at 1.36%, compared with 0.39% for QQQ.

QQQ is categorized as Nasdaq-100, while REMX is Materials. QQQ tracks NASDAQ-100 Index, while REMX tracks MarketVector Global Rare Earth/Strategic Metals Index. They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.18% for QQQ and 0.59% for REMX.

REMX currently has the higher Sharpe Ratio (2.93 vs 2.09), 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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