QQQ vs. USD=X
QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while USD=X (USD Cash) is a currency. Over the past 10 years, QQQ returned 21.59%/yr vs 0.00%/yr for USD=X.
Performance
QQQ vs. USD=X - Performance Comparison
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Returns By Period
QQQ
- 1D
- 1.56%
- 1M
- 0.68%
- YTD
- 16.71%
- 6M
- 15.00%
- 1Y
- 35.78%
- 3Y*
- 27.15%
- 5Y*
- 16.98%
- 10Y*
- 21.59%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
QQQ vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 16.71% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
QQQ vs. USD=X — Risk / Return Rank
QQQ
USD=X
QQQ vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and USD Cash (USD=X). 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.
| QQQ | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.38 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | — | — |
| Martin ratioReturn relative to average drawdown | 11.43 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QQQ | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.97 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | — | — |
Drawdowns
QQQ vs. USD=X - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.97%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QQQ and USD=X.
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Drawdown Indicators
| QQQ | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.97% | 0.00% | -82.97% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | 0.00% | -11.96% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | 0.00% | -22.77% |
Max Drawdown (5Y)Largest decline over 5 years | -35.12% | 0.00% | -35.12% |
Max Drawdown (10Y)Largest decline over 10 years | -35.12% | 0.00% | -35.12% |
Current DrawdownCurrent decline from peak | -4.03% | 0.00% | -4.03% |
Average DrawdownAverage peak-to-trough decline | -32.77% | 0.00% | -32.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 0.00% | +3.14% |
Volatility
QQQ vs. USD=X - Volatility Comparison
Invesco QQQ ETF (QQQ) has a higher volatility of 6.84% compared to USD Cash (USD=X) at 0.00%. This indicates that QQQ's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQ | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.84% | 0.00% | +6.84% |
Volatility (6M)Calculated over the trailing 6-month period | 13.20% | 0.00% | +13.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.74% | 0.00% | +16.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.49% | 0.00% | +22.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.36% | 0.00% | +22.36% |
Frequently Asked Questions
QQQ has higher volatility (6.84%) compared to USD=X (0.00%). In terms of maximum drawdown, QQQ dropped -82.97% vs USD=X's 0.00%.
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