QQQG vs. QEW

Last updated Jun 5, 2026

QQQG (Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF) and QEW (Invesco QQQ Equal Weight ETF) are both Nasdaq-100 funds. QQQG is actively managed, while QEW is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. QQQG charges 0.49%/yr vs 0.25%/yr for QEW.

Performance

QQQG vs. QEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) and Invesco QQQ Equal Weight ETF (QEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQQG

• 1D: -0.92%
• 1M: 14.49%
• YTD: 31.21%
• 6M: 28.95%
• 1Y: 41.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QEW

• 1D: -0.05%
• 1M: 9.40%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QQQG vs. QEW - Yearly Performance Comparison

	2026 (YTD)
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	36.86%
QEW Invesco QQQ Equal Weight ETF	21.43%

Correlation

The correlation between QQQG and QEW is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.89

Return for Risk

QQQG vs. QEW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQQG

QQQG Risk / Return Rank: 62
QQQG Sharpe Ratio Rank: 65
QQQG Sortino Ratio Rank: 61
QQQG Omega Ratio Rank: 60
QQQG Calmar Ratio Rank: 62
QQQG Martin Ratio Rank: 61

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.

QQQG vs. QEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) and Invesco QQQ Equal Weight ETF (QEW). 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.

	QQQG	QEW	Difference
Sharpe ratio: Return per unit of total volatility	2.11	—	—
Sortino ratio: Return per unit of downside risk	2.81	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.01	—	—
Martin ratio: Return relative to average drawdown	10.82	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QQQG	QEW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	9.51	-8.33

Drawdowns

QQQG vs. QEW - Drawdown Comparison

The maximum QQQG drawdown since its inception was -23.61%, which is greater than QEW's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for QQQG and QEW.

Drawdown Indicators

	QQQG	QEW	Difference
Max Drawdown Largest peak-to-trough decline	-23.61%	-4.15%	-19.46%
Max Drawdown (1Y) Largest decline over 1 year	-13.79%	—	—
Current Drawdown Current decline from peak	-0.92%	-0.16%	-0.76%
Average Drawdown Average peak-to-trough decline	-3.59%	-0.57%	-3.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	—	—

Volatility

Volatility by Period

	QQQG	QEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.67%	15.65%	+4.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.40%	15.65%	+7.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.40%	15.65%	+7.75%

QQQG vs. QEW - Expense Ratio Comparison

QQQG has a 0.49% expense ratio, which is higher than QEW's 0.25% expense ratio.

Dividends

QQQG vs. QEW - Dividend Comparison

QQQG's dividend yield for the trailing twelve months is around 0.06%, while QEW has not paid dividends to shareholders.

Position	TTM	2025	2024
QEW Invesco QQQ Equal Weight ETF	0.00%	0.00%	0.00%
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	0.06%	0.06%	0.11%

Frequently Asked Questions

Can I hold both QQQG and QEW in my portfolio?

QQQG and QEW have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQQG or QEW?

On fees, QEW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQQG or QEW?

QEW is cheaper with a 0.25% expense ratio, compared with 0.49% for QQQG.

Which ETF pays a higher dividend yield, QQQG or QEW?

QQQG has the higher dividend yield at 0.06%, compared with 0.00% for QEW.

What is the main difference between QQQG and QEW?

They also come from different issuers: Pacer and Invesco. Their fees differ too: 0.49% for QQQG and 0.25% for QEW.