QQQM vs. BALQ
QQQM (Invesco NASDAQ 100 ETF) and BALQ (iShares Nasdaq Premium Income Active ETF) are both Nasdaq-100 funds. QQQM is passively managed, while BALQ is actively managed. Their 0.99 correlation means they have historically moved very closely together. QQQM charges 0.15%/yr vs 0.35%/yr for BALQ.
Performance
QQQM vs. BALQ - Performance Comparison
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Returns By Period
In the year-to-date period, QQQM achieves a 17.07% return, which is significantly lower than BALQ's 21.62% return.
QQQM
- 1D
- -0.90%
- 1M
- -0.73%
- 6M
- 18.73%
- YTD
- 17.07%
- 1Y
- 28.72%
- 3Y*
- 25.27%
- 5Y*
- 15.05%
- 10Y*
- —
- ALL TIME*
- 17.31%
BALQ
- 1D
- 2.69%
- 1M
- 2.76%
- 6M
- 19.70%
- YTD
- 21.62%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $314.59K | $249.46K | $183.11K | |
| $1.17B | $981.56M | $1.20B |
QQQM vs. BALQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQQM Invesco NASDAQ 100 ETF | 17.07% | -1.11% |
BALQ iShares Nasdaq Premium Income Active ETF | 21.62% | 0.04% |
Correlation
The correlation between QQQM and BALQ is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | 0.99 |
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Return for Risk
QQQM vs. BALQ — Risk / Return Rank
QQQM
BALQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQQM vs. BALQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and iShares Nasdaq Premium Income Active ETF (BALQ). 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 | BALQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | — | — |
| Martin ratioReturn relative to average drawdown | 7.64 | — | — |
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Drawdowns
QQQM vs. BALQ - Drawdown Comparison
The maximum QQQM drawdown since its inception was -35.04%, which is greater than BALQ's maximum drawdown of -11.79%. Use the drawdown chart below to compare losses from any high point for QQQM and BALQ.
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Drawdown Indicators
| QQQM | BALQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -11.79% | -23.25% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -35.04% | — | — |
Current DrawdownCurrent decline from peak | -3.76% | -1.25% | -2.51% |
Average DrawdownAverage peak-to-trough decline | -8.14% | -2.72% | -5.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.77% | — | — |
Volatility
QQQM vs. BALQ - Volatility Comparison
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Volatility by Period
| QQQM | BALQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.41% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.21% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.42% | 21.72% | -2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.81% | 21.72% | +1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.36% | 21.72% | +0.64% |
QQQM vs. BALQ - Expense Ratio Comparison
QQQM has a 0.15% expense ratio, which is lower than BALQ's 0.35% expense ratio.
Dividends
QQQM vs. BALQ - Dividend Comparison
QQQM's dividend yield for the trailing twelve months is around 0.44%, less than BALQ's 6.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 6.87% | 0.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.44% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Frequently Asked Questions
With a correlation of 0.99, QQQM and BALQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, QQQM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQQM is cheaper with a 0.15% expense ratio, compared with 0.35% for BALQ.
BALQ has the higher dividend yield at 6.87%, compared with 0.44% for QQQM.
They also come from different issuers: Invesco and iShares. Their fees differ too: 0.15% for QQQM and 0.35% for BALQ.
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