QQQA vs. IQQ
QQQA (ProShares Nasdaq-100 Dorsey Wright Momentum ETF) and IQQ (iShares Nasdaq 100 ETF) are both Nasdaq-100 funds - QQQA tracks the NASDAQ-100 Dorsey Wright Momentum Index - Benchmark TR Gross while IQQ tracks the NASDAQ-100 Index. Both are passively managed. Their correlation of 0.85 means they have usually moved in the same direction. QQQA charges 0.58%/yr vs 0.10%/yr for IQQ.
Performance
QQQA vs. IQQ - Performance Comparison
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Returns By Period
QQQA
- 1D
- 1.29%
- 1M
- -5.50%
- 6M
- 31.12%
- YTD
- 44.44%
- 1Y
- 62.87%
- 3Y*
- 27.15%
- 5Y*
- 10.11%
- 10Y*
- —
- ALL TIME*
- 11.89%
IQQ
- 1D
- 1.76%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $29.42M | $36.69M | $36.69M | |
| $2.42M | $3.28M | $3.82M |
QQQA vs. IQQ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF | -4.70% |
IQQ iShares Nasdaq 100 ETF | -2.95% |
Correlation
The correlation between QQQA and IQQ is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 9, 2026 | 0.85 |
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Return for Risk
QQQA vs. IQQ — Risk / Return Rank
QQQA
IQQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQQA vs. IQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) and iShares Nasdaq 100 ETF (IQQ). 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.
| QQQA | IQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | — | — |
| Martin ratioReturn relative to average drawdown | 9.70 | — | — |
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Drawdowns
QQQA vs. IQQ - Drawdown Comparison
The maximum QQQA drawdown since its inception was -38.44%, which is greater than IQQ's maximum drawdown of -8.80%. Use the drawdown chart below to compare losses from any high point for QQQA and IQQ.
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Drawdown Indicators
| QQQA | IQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.44% | -8.80% | -29.64% |
Max Drawdown (1Y)Largest decline over 1 year | -22.41% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -30.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.44% | — | — |
Current DrawdownCurrent decline from peak | -17.45% | -3.54% | -13.91% |
Average DrawdownAverage peak-to-trough decline | -15.52% | -3.69% | -11.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.50% | — | — |
Volatility
QQQA vs. IQQ - Volatility Comparison
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Volatility by Period
| QQQA | IQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.99% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 29.73% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 33.66% | 23.60% | +10.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.46% | 23.60% | +3.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.08% | 23.60% | +3.48% |
QQQA vs. IQQ - Expense Ratio Comparison
QQQA has a 0.58% expense ratio, which is higher than IQQ's 0.10% expense ratio.
Dividends
QQQA vs. IQQ - Dividend Comparison
QQQA's dividend yield for the trailing twelve months is around 0.03%, while IQQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IQQ iShares Nasdaq 100 ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 0.03% | 0.10% | 0.09% | 0.34% | 0.28% | 0.10% |
Frequently Asked Questions
QQQA and IQQ have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQ is cheaper with a 0.10% expense ratio, compared with 0.58% for QQQA.
QQQA has the higher dividend yield at 0.03%, compared with 0.00% for IQQ.
QQQA tracks NASDAQ-100 Dorsey Wright Momentum Index - Benchmark TR Gross, while IQQ tracks NASDAQ-100 Index. They also come from different issuers: ProShares and iShares. Their fees differ too: 0.58% for QQQA and 0.10% for IQQ.
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