QQQM vs. BND
QQQM (Invesco NASDAQ 100 ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 5 years, QQQM returned 16.79%/yr vs 0.02%/yr for BND. At a 0.18 correlation, their price movements are largely independent. QQQM charges 0.15%/yr vs 0.03%/yr for BND.
Performance
QQQM vs. BND - Performance Comparison
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Returns By Period
In the year-to-date period, QQQM achieves a 14.96% return, which is significantly higher than BND's -0.05% return.
QQQM
- 1D
- -4.78%
- 1M
- 1.38%
- YTD
- 14.96%
- 6M
- 13.04%
- 1Y
- 35.13%
- 3Y*
- 26.56%
- 5Y*
- 16.79%
- 10Y*
- —
BND
- 1D
- -0.45%
- 1M
- -0.64%
- YTD
- -0.05%
- 6M
- 0.11%
- 1Y
- 4.33%
- 3Y*
- 3.80%
- 5Y*
- 0.02%
- 10Y*
- 1.56%
QQQM vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QQQM Invesco NASDAQ 100 ETF | 14.96% | 20.85% | 25.68% | 55.01% | -32.52% | 27.45% | 6.67% |
BND Vanguard Total Bond Market ETF | -0.05% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 0.72% |
Correlation
The correlation between QQQM and BND is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2020 | 0.18 |
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Return for Risk
QQQM vs. BND — Risk / Return Rank
QQQM
BND
QQQM vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and Vanguard Total Bond Market ETF (BND). 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.
| QQQM | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.20 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | 1.62 | +1.33 |
| Martin ratioReturn relative to average drawdown | 11.24 | 4.86 | +6.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QQQM | BND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 1.16 | +0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | 0.00 | +0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.58 | +0.21 |
Drawdowns
QQQM vs. BND - Drawdown Comparison
The maximum QQQM drawdown since its inception was -35.04%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for QQQM and BND.
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Drawdown Indicators
| QQQM | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -18.58% | -16.46% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -2.68% | -9.28% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -5.92% | -16.78% |
Max Drawdown (5Y)Largest decline over 5 years | -35.04% | -17.91% | -17.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.58% | — |
Current DrawdownCurrent decline from peak | -5.49% | -2.67% | -2.82% |
Average DrawdownAverage peak-to-trough decline | -8.24% | -3.06% | -5.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 0.89% | +2.24% |
Volatility
QQQM vs. BND - Volatility Comparison
Invesco NASDAQ 100 ETF (QQQM) has a higher volatility of 6.68% compared to Vanguard Total Bond Market ETF (BND) at 1.23%. This indicates that QQQM's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQM | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 1.23% | +5.45% |
Volatility (6M)Calculated over the trailing 6-month period | 13.07% | 2.70% | +10.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.66% | 3.76% | +12.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.33% | 6.02% | +16.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.20% | 5.53% | +16.67% |
QQQM vs. BND - Expense Ratio Comparison
QQQM has a 0.15% expense ratio, which is higher than BND's 0.03% 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
QQQM vs. BND - Dividend Comparison
QQQM's dividend yield for the trailing twelve months is around 0.44%, less than BND's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.98% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
QQQM Invesco NASDAQ 100 ETF | 0.44% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQQM and BND have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQM has higher volatility (6.68%) compared to BND (1.23%). In terms of maximum drawdown, QQQM dropped -35.04% vs BND's -18.58%.
On 5-year performance, QQQM leads with 16.79% vs 0.02% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, BND has been the lower-risk option at 1.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, QQQM has performed better with a 16.79% return vs 0.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BND is cheaper with a 0.03% expense ratio, compared with 0.15% for QQQM.
BND has the higher dividend yield at 3.98%, compared with 0.44% for QQQM.
QQQM is categorized as Nasdaq-100, while BND is Total Bond Market. QQQM tracks NASDAQ-100 Index, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.15% for QQQM and 0.03% for BND.
QQQM currently has the higher Sharpe Ratio (2.12 vs 1.16), 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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