QQQG vs. QNDX

Last updated Jul 16, 2026

QQQG (Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF) and QNDX (SPDR Portfolio Nasdaq 100 ETF) are both Nasdaq-100 funds. QQQG is actively managed, while QNDX is passively managed. Their correlation of 0.88 suggests significant overlap in exposure. QQQG charges 0.49%/yr vs 0.10%/yr for QNDX.

Performance

QQQG vs. QNDX - 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 SPDR Portfolio Nasdaq 100 ETF (QNDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQQG

• 1D: -1.79%
• 1M: -4.99%
• 6M: 26.97%
• YTD: 28.44%
• 1Y: 36.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QNDX

• 1D: -0.33%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQQG vs. QNDX - Yearly Performance Comparison

	2026 (YTD)
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	-1.97%
QNDX SPDR Portfolio Nasdaq 100 ETF	0.41%

Correlation

The correlation between QQQG and QNDX is 0.88, 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 Jun 24, 2026	0.88

Return for Risk

QQQG vs. QNDX — Risk / Return Rank

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

QQQG

QQQG Risk / Return Rank: 59
QQQG Sharpe Ratio Rank: 57
QQQG Sortino Ratio Rank: 52
QQQG Omega Ratio Rank: 54
QQQG Calmar Ratio Rank: 66
QQQG Martin Ratio Rank: 63

QNDX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. QNDX - 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 SPDR Portfolio Nasdaq 100 ETF (QNDX). 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.

	QQQG	QNDX	Difference
Sharpe ratio: Return per unit of total volatility	1.56	—	—
Sortino ratio: Return per unit of downside risk	2.09	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.67	—	—
Martin ratio: Return relative to average drawdown	9.01	—	—

Drawdowns

QQQG vs. QNDX - Drawdown Comparison

The maximum QQQG drawdown since its inception was -23.61%, which is greater than QNDX's maximum drawdown of -3.65%. Use the drawdown chart below to compare losses from any high point for QQQG and QNDX.

Drawdown Indicators

	QQQG	QNDX	Difference
Max Drawdown Largest peak-to-trough decline	-23.61%	-3.65%	-19.96%
Max Drawdown (1Y) Largest decline over 1 year	-13.79%	—	—
Current Drawdown Current decline from peak	-6.17%	-2.57%	-3.60%
Average Drawdown Average peak-to-trough decline	-3.60%	-1.77%	-1.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.07%	—	—

Volatility

Volatility by Period

	QQQG	QNDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.56%	22.20%	+1.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.84%	22.20%	+2.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.84%	22.20%	+2.64%

QQQG vs. QNDX - Expense Ratio Comparison

QQQG has a 0.49% expense ratio, which is higher than QNDX's 0.10% expense ratio.

Dividends

QQQG vs. QNDX - Dividend Comparison

QQQG's dividend yield for the trailing twelve months is around 0.05%, while QNDX has not paid dividends to shareholders.

Position	TTM	2025	2024
QNDX SPDR Portfolio Nasdaq 100 ETF	0.00%	0.00%	0.00%
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	0.05%	0.06%	0.11%

Frequently Asked Questions

Can I hold both QQQG and QNDX in my portfolio?

QQQG and QNDX have a correlation of 0.88, 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 QNDX?

On fees, QNDX is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQQG or QNDX?

QNDX is cheaper with a 0.10% expense ratio, compared with 0.49% for QQQG.

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

QQQG has the higher dividend yield at 0.05%, compared with 0.00% for QNDX.

What is the main difference between QQQG and QNDX?

They also come from different issuers: Pacer and State Street. Their fees differ too: 0.49% for QQQG and 0.10% for QNDX.