QQQM vs. BABA
QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while BABA (Alibaba Group Holding Limited) is a stock. Over the past 5 years, QQQM returned 16.94%/yr vs -10.74%/yr for BABA. At a 0.37 correlation, their price movements are largely independent.
Performance
QQQM vs. BABA - Performance Comparison
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Returns By Period
In the year-to-date period, QQQM achieves a 17.59% return, which is significantly higher than BABA's -22.32% return.
QQQM
- 1D
- 0.67%
- 1M
- 1.75%
- YTD
- 17.59%
- 6M
- 17.91%
- 1Y
- 37.64%
- 3Y*
- 26.52%
- 5Y*
- 16.94%
- 10Y*
- —
BABA
- 1D
- 0.12%
- 1M
- -14.13%
- YTD
- -22.32%
- 6M
- -26.87%
- 1Y
- 0.87%
- 3Y*
- 11.06%
- 5Y*
- -10.74%
- 10Y*
- 4.42%
QQQM vs. BABA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QQQM Invesco NASDAQ 100 ETF | 17.59% | 20.85% | 25.68% | 55.01% | -32.52% | 27.45% | 6.64% |
BABA Alibaba Group Holding Limited | -22.32% | 75.80% | 11.77% | -10.83% | -25.84% | -48.96% | -24.03% |
Correlation
The correlation between QQQM and BABA is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020 | 0.37 |
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Return for Risk
QQQM vs. BABA — Risk / Return Rank
QQQM
BABA
QQQM vs. BABA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and Alibaba Group Holding Limited (BABA). 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.
| QQQM | BABA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.16 | ||
| Sortino ratioReturn per unit of downside risk | +2.48 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.03 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | -0.06 | +3.07 |
| Martin ratioReturn relative to average drawdown | 11.23 | -0.12 | +11.35 |
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Drawdowns
QQQM vs. BABA - Drawdown Comparison
The maximum QQQM drawdown since its inception was -35.04%, smaller than the maximum BABA drawdown of -80.09%. Use the drawdown chart below to compare losses from any high point for QQQM and BABA.
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Drawdown Indicators
| QQQM | BABA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -80.09% | +45.05% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -39.94% | +27.98% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -39.94% | +17.24% |
Max Drawdown (5Y)Largest decline over 5 years | -35.04% | -72.48% | +37.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.09% | — |
Current DrawdownCurrent decline from peak | -3.33% | -62.20% | +58.87% |
Average DrawdownAverage peak-to-trough decline | -8.23% | -37.56% | +29.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 19.58% | -16.37% |
Volatility
QQQM vs. BABA - Volatility Comparison
The current volatility for Invesco NASDAQ 100 ETF (QQQM) is 7.45%, while Alibaba Group Holding Limited (BABA) has a volatility of 10.07%. This indicates that QQQM experiences smaller price fluctuations and is considered to be less risky than BABA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQM | BABA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.45% | 10.07% | -2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 13.71% | 29.24% | -15.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.11% | 43.83% | -26.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.40% | 51.40% | -29.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.22% | 43.40% | -21.18% |
Dividends
QQQM vs. BABA - Dividend Comparison
QQQM's dividend yield for the trailing twelve months is around 0.43%, less than BABA's 0.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BABA Alibaba Group Holding Limited | 0.93% | 1.36% | 1.96% | 1.29% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.43% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Frequently Asked Questions
QQQM and BABA have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BABA has higher volatility (10.07%) compared to QQQM (7.45%). In terms of maximum drawdown, QQQM dropped -35.04% vs BABA's -80.09%.
QQQM currently has the higher Sharpe Ratio (2.11 vs -0.05), 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.
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