QQQM vs. HOOD
QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while HOOD (Robinhood Markets, Inc.) is a stock. Over the past 3 years, QQQM returned 26.52%/yr vs 113.32%/yr for HOOD. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
QQQM vs. HOOD - 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 HOOD's -17.60% return.
QQQM
- 1D
- 0.67%
- 1M
- 1.75%
- YTD
- 17.59%
- 6M
- 17.91%
- 1Y
- 37.64%
- 3Y*
- 26.52%
- 5Y*
- 16.94%
- 10Y*
- —
HOOD
- 1D
- 1.04%
- 1M
- 20.81%
- YTD
- -17.60%
- 6M
- -22.02%
- 1Y
- 28.36%
- 3Y*
- 113.32%
- 5Y*
- —
- 10Y*
- —
QQQM vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QQQM Invesco NASDAQ 100 ETF | 17.59% | 20.85% | 25.68% | 55.01% | -32.52% | 9.01% |
HOOD Robinhood Markets, Inc. | -17.60% | 203.54% | 192.46% | 56.51% | -54.17% | -53.26% |
Correlation
The correlation between QQQM and HOOD is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2021 | 0.56 |
The correlation between QQQM and HOOD has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.
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Return for Risk
QQQM vs. HOOD — Risk / Return Rank
QQQM
HOOD
QQQM vs. HOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and Robinhood Markets, Inc. (HOOD). 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 | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.73 | ||
| Sortino ratioReturn per unit of downside risk | +1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.12 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 0.46 | +2.56 |
| Martin ratioReturn relative to average drawdown | 11.23 | 0.83 | +10.40 |
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Drawdowns
QQQM vs. HOOD - Drawdown Comparison
The maximum QQQM drawdown since its inception was -35.04%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for QQQM and HOOD.
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Drawdown Indicators
| QQQM | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -90.21% | +55.17% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -57.26% | +45.30% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -57.26% | +34.56% |
Max Drawdown (5Y)Largest decline over 5 years | -35.04% | — | — |
Current DrawdownCurrent decline from peak | -3.33% | -38.88% | +35.55% |
Average DrawdownAverage peak-to-trough decline | -8.23% | -60.85% | +52.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 31.69% | -28.48% |
Volatility
QQQM vs. HOOD - Volatility Comparison
The current volatility for Invesco NASDAQ 100 ETF (QQQM) is 7.45%, while Robinhood Markets, Inc. (HOOD) has a volatility of 23.07%. This indicates that QQQM experiences smaller price fluctuations and is considered to be less risky than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQM | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.45% | 23.07% | -15.62% |
Volatility (6M)Calculated over the trailing 6-month period | 13.71% | 50.85% | -37.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.11% | 69.33% | -52.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.40% | 74.06% | -51.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.22% | 74.06% | -51.84% |
Dividends
QQQM vs. HOOD - Dividend Comparison
QQQM's dividend yield for the trailing twelve months is around 0.43%, while HOOD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
HOOD Robinhood Markets, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 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 HOOD have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOOD has higher volatility (23.07%) compared to QQQM (7.45%). In terms of maximum drawdown, QQQM dropped -35.04% vs HOOD's -90.21%.
QQQM currently has the higher Sharpe Ratio (2.11 vs 0.38), 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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