QQQM vs. IGLD

Last updated Jun 14, 2026

QQQM (Invesco NASDAQ 100 ETF) and IGLD (FT Vest Gold Strategy Target Income ETF) are both exchange-traded funds - QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while IGLD is a Gold fund actively managed by First Trust. QQQM is passively managed, while IGLD is actively managed. Over the past 5 years, QQQM returned 16.94%/yr vs 12.02%/yr for IGLD. At a 0.12 correlation, their price movements are largely independent. QQQM charges 0.15%/yr vs 0.85%/yr for IGLD.

Performance

QQQM vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ 100 ETF (QQQM) and FT Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQM achieves a 17.59% return, which is significantly higher than IGLD's -3.45% return.

QQQM

• 1D: 0.67%
• 1M: 1.75%
• YTD: 17.59%
• 6M: 17.91%
• 1Y: 37.64%
• 3Y*: 26.52%
• 5Y*: 16.94%
• 10Y*: —

IGLD

• 1D: -0.23%
• 1M: -6.93%
• YTD: -3.45%
• 6M: -2.82%
• 1Y: 16.13%
• 3Y*: 20.89%
• 5Y*: 12.02%
• 10Y*: —

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

QQQM vs. IGLD - 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%	25.61%
IGLD FT Vest Gold Strategy Target Income ETF	-3.45%	47.46%	19.36%	9.24%	-2.34%	4.30%

Correlation

The correlation between QQQM and IGLD 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	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since Mar 3, 2021	0.12

The correlation between QQQM and IGLD shifts across timeframes, from 0.11 (5 years) to 0.24 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

QQQM vs. IGLD — Risk / Return Rank

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

QQQM

QQQM Risk / Return Rank: 72
QQQM Sharpe Ratio Rank: 76
QQQM Sortino Ratio Rank: 71
QQQM Omega Ratio Rank: 73
QQQM Calmar Ratio Rank: 69
QQQM Martin Ratio Rank: 70

IGLD

IGLD Risk / Return Rank: 23
IGLD Sharpe Ratio Rank: 23
IGLD Sortino Ratio Rank: 22
IGLD Omega Ratio Rank: 26
IGLD Calmar Ratio Rank: 21
IGLD Martin Ratio Rank: 22

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.

QQQM vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and FT Vest Gold Strategy Target Income ETF (IGLD). 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	IGLD	Difference
Sharpe ratio: Return per unit of total volatility	2.11	0.73	+1.38
Sortino ratio: Return per unit of downside risk	2.74	1.08	+1.67
Omega ratio: Gain probability vs. loss probability	1.37	1.16	+0.21
Calmar ratio: Return relative to maximum drawdown	3.02	0.80	+2.22
Martin ratio: Return relative to average drawdown	11.23	2.45	+8.78

QQQM vs. IGLD - Sharpe Ratio Comparison

The current QQQM Sharpe Ratio is 2.11, which is higher than the IGLD Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of QQQM and IGLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QQQM vs. IGLD - Drawdown Comparison

The maximum QQQM drawdown since its inception was -35.04%, which is greater than IGLD's maximum drawdown of -21.90%. Use the drawdown chart below to compare losses from any high point for QQQM and IGLD.

Drawdown Indicators

	QQQM	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-35.04%	-21.90%	-13.14%
Max Drawdown (1Y) Largest decline over 1 year	-11.96%	-21.90%	+9.94%
Max Drawdown (3Y) Largest decline over 3 years	-22.70%	-21.90%	-0.80%
Max Drawdown (5Y) Largest decline over 5 years	-35.04%	-21.90%	-13.14%
Current Drawdown Current decline from peak	-3.33%	-19.44%	+16.11%
Average Drawdown Average peak-to-trough decline	-8.23%	-5.31%	-2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	7.12%	-3.91%

Volatility

QQQM vs. IGLD - Volatility Comparison

Invesco NASDAQ 100 ETF (QQQM) and FT Vest Gold Strategy Target Income ETF (IGLD) have volatilities of 7.45% and 7.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQM	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.45%	7.55%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	13.71%	22.02%	-8.31%
Volatility (1Y) Calculated over the trailing 1-year period	17.11%	24.13%	-7.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.40%	15.44%	+6.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.22%	15.23%	+6.99%

QQQM vs. IGLD - Expense Ratio Comparison

QQQM has a 0.15% expense ratio, which is lower than IGLD's 0.85% expense ratio.

Dividends

QQQM vs. IGLD - Dividend Comparison

QQQM's dividend yield for the trailing twelve months is around 0.43%, less than IGLD's 18.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
IGLD FT Vest Gold Strategy Target Income ETF	18.87%	9.91%	20.81%	7.85%	4.45%	2.24%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.43%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Frequently Asked Questions

Can I hold both QQQM and IGLD in my portfolio?

QQQM and IGLD 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.

Which is riskier, QQQM or IGLD?

IGLD has higher volatility (7.55%) compared to QQQM (7.45%). In terms of maximum drawdown, QQQM dropped -35.04% vs IGLD's -21.90%.

Which ETF is better, QQQM or IGLD?

On 5-year performance, QQQM leads with 16.94% vs 12.02% for IGLD. On fees, QQQM is cheaper at 0.15% per year. On volatility, QQQM has been the lower-risk option at 7.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQM or IGLD?

Over the 5-year period, QQQM has performed better with a 16.94% return vs 12.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQM or IGLD?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.85% for IGLD.

Which ETF pays a higher dividend yield, QQQM or IGLD?

IGLD has the higher dividend yield at 18.87%, compared with 0.43% for QQQM.

What is the main difference between QQQM and IGLD?

QQQM is categorized as Nasdaq-100, while IGLD is Gold. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.15% for QQQM and 0.85% for IGLD.

Which has better risk-adjusted returns?

QQQM currently has the higher Sharpe Ratio (2.11 vs 0.73), 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.