QQQJ vs. IJH

Last updated Jun 5, 2026

QQQJ (Invesco NASDAQ Next Gen 100 ETF) and IJH (iShares Core S&P Mid-Cap ETF) are both exchange-traded funds - QQQJ is a Large Cap Growth Equities fund tracking the NASDAQ Next Generation 100 Index, while IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index. Both are passively managed. Over the past 5 years, QQQJ returned 7.79%/yr vs 8.26%/yr for IJH. Their correlation of 0.84 suggests significant overlap in exposure. QQQJ charges 0.15%/yr vs 0.05%/yr for IJH.

Performance

QQQJ vs. IJH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ Next Gen 100 ETF (QQQJ) and iShares Core S&P Mid-Cap ETF (IJH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQJ achieves a 23.83% return, which is significantly higher than IJH's 14.60% return.

QQQJ

• 1D: 0.49%
• 1M: 10.77%
• YTD: 23.83%
• 6M: 23.61%
• 1Y: 47.01%
• 3Y*: 22.59%
• 5Y*: 7.79%
• 10Y*: —

IJH

• 1D: 0.44%
• 1M: 2.99%
• YTD: 14.60%
• 6M: 14.27%
• 1Y: 26.23%
• 3Y*: 16.69%
• 5Y*: 8.26%
• 10Y*: 11.23%

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

QQQJ vs. IJH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QQQJ Invesco NASDAQ Next Gen 100 ETF	23.83%	20.44%	15.36%	13.68%	-28.25%	9.76%	15.25%
IJH iShares Core S&P Mid-Cap ETF	14.60%	7.42%	13.92%	16.40%	-13.11%	24.72%	16.02%

Correlation

The correlation between QQQJ and IJH is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Oct 14, 2020	0.84

The correlation between QQQJ and IJH has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.

QQQJ vs. IJH - Sectors Allocation Comparison

Sectors	QQQJ	IJH
Technology	39.3%	15.7%
Healthcare	18.3%	8.6%
Consumer Cyclical	11.4%	10.7%
Industrials	11.2%	25.0%
Communication Services	6.8%	1.0%
Basic Materials	2.7%	4.8%
Consumer Defensive	2.6%	3.8%
Energy	2.6%	5.5%
Utilities	2.6%	3.1%
Financial Services	1.0%	14.4%
Real Estate	-	7.5%

Return for Risk

QQQJ vs. IJH — Risk / Return Rank

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

QQQJ

QQQJ Risk / Return Rank: 80
QQQJ Sharpe Ratio Rank: 82
QQQJ Sortino Ratio Rank: 79
QQQJ Omega Ratio Rank: 76
QQQJ Calmar Ratio Rank: 79
QQQJ Martin Ratio Rank: 84

IJH

IJH Risk / Return Rank: 55
IJH Sharpe Ratio Rank: 50
IJH Sortino Ratio Rank: 52
IJH Omega Ratio Rank: 49
IJH Calmar Ratio Rank: 61
IJH Martin Ratio Rank: 62

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.

QQQJ vs. IJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Next Gen 100 ETF (QQQJ) and iShares Core S&P Mid-Cap ETF (IJH). 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.

	QQQJ	IJH	Difference
Sharpe ratio: Return per unit of total volatility	2.62	1.70	+0.92
Sortino ratio: Return per unit of downside risk	3.49	2.48	+1.01
Omega ratio: Gain probability vs. loss probability	1.45	1.30	+0.15
Calmar ratio: Return relative to maximum drawdown	3.99	2.98	+1.01
Martin ratio: Return relative to average drawdown	17.19	10.93	+6.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQJ vs. IJH - Sharpe Ratio Comparison

The current QQQJ Sharpe Ratio is 2.62, which is higher than the IJH Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of QQQJ and IJH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QQQJ	IJH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	1.70	+0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.42	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.46	+0.03

Drawdowns

QQQJ vs. IJH - Drawdown Comparison

The maximum QQQJ drawdown since its inception was -39.57%, smaller than the maximum IJH drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for QQQJ and IJH.

Drawdown Indicators

	QQQJ	IJH	Difference
Max Drawdown Largest peak-to-trough decline	-39.57%	-55.07%	+15.50%
Max Drawdown (1Y) Largest decline over 1 year	-11.84%	-8.83%	-3.01%
Max Drawdown (3Y) Largest decline over 3 years	-22.46%	-24.10%	+1.64%
Max Drawdown (5Y) Largest decline over 5 years	-39.57%	-24.10%	-15.47%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.18%	—
Current Drawdown Current decline from peak	-0.20%	0.00%	-0.20%
Average Drawdown Average peak-to-trough decline	-15.73%	-7.57%	-8.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	2.41%	+0.33%

Volatility

QQQJ vs. IJH - Volatility Comparison

Invesco NASDAQ Next Gen 100 ETF (QQQJ) has a higher volatility of 5.59% compared to iShares Core S&P Mid-Cap ETF (IJH) at 4.24%. This indicates that QQQJ's price experiences larger fluctuations and is considered to be riskier than IJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQJ	IJH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	4.24%	+1.35%
Volatility (6M) Calculated over the trailing 6-month period	14.65%	11.31%	+3.34%
Volatility (1Y) Calculated over the trailing 1-year period	18.06%	15.50%	+2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.02%	19.74%	+2.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.05%	21.17%	+0.88%

QQQJ vs. IJH - Expense Ratio Comparison

QQQJ has a 0.15% expense ratio, which is higher than IJH's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

QQQJ vs. IJH - Dividend Comparison

QQQJ's dividend yield for the trailing twelve months is around 0.71%, less than IJH's 1.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJH iShares Core S&P Mid-Cap ETF	1.18%	1.36%	1.33%	1.46%	1.68%	1.18%	1.28%	1.63%	1.72%	1.19%	1.60%	1.56%
QQQJ Invesco NASDAQ Next Gen 100 ETF	0.71%	0.85%	0.77%	0.67%	0.76%	0.91%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQQJ and IJH in my portfolio?

QQQJ and IJH have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQJ or IJH?

QQQJ has higher volatility (5.59%) compared to IJH (4.24%). In terms of maximum drawdown, QQQJ dropped -39.57% vs IJH's -55.07%.

Which ETF is better, QQQJ or IJH?

On 5-year performance, IJH leads with 8.26% vs 7.79% for QQQJ. On fees, IJH is cheaper at 0.05% per year. On volatility, IJH has been the lower-risk option at 4.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQJ or IJH?

Over the 5-year period, IJH has performed better with a 8.26% return vs 7.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQJ or IJH?

IJH is cheaper with a 0.05% expense ratio, compared with 0.15% for QQQJ.

Which ETF pays a higher dividend yield, QQQJ or IJH?

IJH has the higher dividend yield at 1.18%, compared with 0.71% for QQQJ.

What is the main difference between QQQJ and IJH?

QQQJ is categorized as Large Cap Growth Equities, while IJH is Mid Cap Blend Equities. QQQJ tracks NASDAQ Next Generation 100 Index, while IJH tracks S&P MidCap 400 Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.15% for QQQJ and 0.05% for IJH.

Which has better risk-adjusted returns?

QQQJ currently has the higher Sharpe Ratio (2.62 vs 1.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.