QQQ vs. XMME.DE
QQQ (Invesco QQQ ETF) and XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) are both exchange-traded funds - QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while XMME.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 5 years, QQQ returned 16.85%/yr vs 7.17%/yr for XMME.DE. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
QQQ vs. XMME.DE - Performance Comparison
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Different Trading Currencies
QQQ is traded in USD, while XMME.DE is traded in EUR. To make them comparable, the XMME.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, QQQ achieves a 17.57% return, which is significantly lower than XMME.DE's 24.87% return.
QQQ
- 1D
- 0.59%
- 1M
- 0.22%
- YTD
- 17.57%
- 6M
- 17.85%
- 1Y
- 37.55%
- 3Y*
- 26.43%
- 5Y*
- 16.85%
- 10Y*
- 21.79%
XMME.DE
- 1D
- 3.14%
- 1M
- 0.72%
- YTD
- 24.87%
- 6M
- 27.01%
- 1Y
- 48.00%
- 3Y*
- 22.31%
- 5Y*
- 7.17%
- 10Y*
- —
QQQ vs. XMME.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 17.57% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 12.25% |
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 24.87% | 34.00% | 7.31% | 9.23% | -19.68% | -3.52% | 17.00% | 19.33% | -15.34% | 4.97% |
Correlation
The correlation between QQQ and XMME.DE is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2017 | 0.49 |
The correlation between QQQ and XMME.DE shifts across timeframes, from 0.49 (all time) to 0.66 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
QQQ vs. XMME.DE — Risk / Return Rank
QQQ
XMME.DE
QQQ vs. XMME.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE). 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.
| QQQ | XMME.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.41 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 3.51 | -0.50 |
| Martin ratioReturn relative to average drawdown | 11.22 | 12.45 | -1.22 |
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Drawdowns
QQQ vs. XMME.DE - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.97%, which is greater than XMME.DE's maximum drawdown of -40.24%. Use the drawdown chart below to compare losses from any high point for QQQ and XMME.DE.
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Drawdown Indicators
| QQQ | XMME.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.97% | -40.24% | -42.73% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -13.01% | +1.05% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | -17.93% | -4.84% |
Max Drawdown (5Y)Largest decline over 5 years | -35.12% | -37.30% | +2.18% |
Max Drawdown (10Y)Largest decline over 10 years | -35.12% | — | — |
Current DrawdownCurrent decline from peak | -3.33% | -4.03% | +0.70% |
Average DrawdownAverage peak-to-trough decline | -32.75% | -15.55% | -17.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 3.67% | -0.47% |
Volatility
QQQ vs. XMME.DE - Volatility Comparison
The current volatility for Invesco QQQ ETF (QQQ) is 7.56%, while Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) has a volatility of 8.19%. This indicates that QQQ experiences smaller price fluctuations and is considered to be less risky than XMME.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQ | XMME.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.56% | 8.19% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 13.81% | 17.34% | -3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.19% | 19.74% | -2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 18.88% | +3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.38% | 20.16% | +2.22% |
QQQ vs. XMME.DE - Expense Ratio Comparison
Both QQQ and XMME.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
QQQ vs. XMME.DE - Dividend Comparison
QQQ's dividend yield for the trailing twelve months is around 0.39%, while XMME.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQQ and XMME.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
QQQ and XMME.DE have the same expense ratio: 0.18% per year.
QQQ is categorized as Nasdaq-100, while XMME.DE is Emerging Markets Equities. QQQ tracks NASDAQ-100 Index, while XMME.DE tracks MSCI Emerging Markets. They also come from different issuers: Invesco and Xtrackers.
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