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QQQM vs. QQQA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QQQM and QQQA is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

QQQM vs. QQQA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ 100 ETF (QQQM) and ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%December2025FebruaryMarchAprilMay
52.76%
1.87%
QQQM
QQQA

Key characteristics

Sharpe Ratio

QQQM:

0.47

QQQA:

-0.05

Sortino Ratio

QQQM:

0.82

QQQA:

0.15

Omega Ratio

QQQM:

1.11

QQQA:

1.02

Calmar Ratio

QQQM:

0.51

QQQA:

-0.05

Martin Ratio

QQQM:

1.68

QQQA:

-0.13

Ulcer Index

QQQM:

6.92%

QQQA:

12.03%

Daily Std Dev

QQQM:

24.84%

QQQA:

32.20%

Max Drawdown

QQQM:

-35.05%

QQQA:

-38.44%

Current Drawdown

QQQM:

-9.34%

QQQA:

-21.10%

Returns By Period

In the year-to-date period, QQQM achieves a -4.32% return, which is significantly higher than QQQA's -8.76% return.


QQQM

YTD

-4.32%

1M

17.29%

6M

-4.59%

1Y

11.71%

5Y*

N/A

10Y*

N/A

QQQA

YTD

-8.76%

1M

13.27%

6M

-9.69%

1Y

-1.47%

5Y*

N/A

10Y*

N/A

*Annualized

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QQQM vs. QQQA - Expense Ratio Comparison

QQQM has a 0.15% expense ratio, which is lower than QQQA's 0.58% expense ratio.


Risk-Adjusted Performance

QQQM vs. QQQA — Risk-Adjusted Performance Rank

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

QQQM
The Risk-Adjusted Performance Rank of QQQM is 5757
Overall Rank
The Sharpe Ratio Rank of QQQM is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQM is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QQQM is 5757
Omega Ratio Rank
The Calmar Ratio Rank of QQQM is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQM is 5555
Martin Ratio Rank

QQQA
The Risk-Adjusted Performance Rank of QQQA is 1919
Overall Rank
The Sharpe Ratio Rank of QQQA is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQA is 2121
Sortino Ratio Rank
The Omega Ratio Rank of QQQA is 2121
Omega Ratio Rank
The Calmar Ratio Rank of QQQA is 1717
Calmar Ratio Rank
The Martin Ratio Rank of QQQA is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QQQM vs. QQQA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA). 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.


The current QQQM Sharpe Ratio is 0.47, which is higher than the QQQA Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of QQQM and QQQA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00December2025FebruaryMarchAprilMay
0.47
-0.05
QQQM
QQQA

Dividends

QQQM vs. QQQA - Dividend Comparison

QQQM's dividend yield for the trailing twelve months is around 0.62%, more than QQQA's 0.05% yield.


TTM20242023202220212020
QQQM
Invesco NASDAQ 100 ETF
0.62%0.61%0.65%0.83%0.40%0.16%
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
0.05%0.09%0.34%0.28%0.10%0.00%

Drawdowns

QQQM vs. QQQA - Drawdown Comparison

The maximum QQQM drawdown since its inception was -35.05%, smaller than the maximum QQQA drawdown of -38.44%. Use the drawdown chart below to compare losses from any high point for QQQM and QQQA. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-9.34%
-21.10%
QQQM
QQQA

Volatility

QQQM vs. QQQA - Volatility Comparison

The current volatility for Invesco NASDAQ 100 ETF (QQQM) is 13.53%, while ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) has a volatility of 14.72%. This indicates that QQQM experiences smaller price fluctuations and is considered to be less risky than QQQA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%December2025FebruaryMarchAprilMay
13.53%
14.72%
QQQM
QQQA