QQQN vs. IMCG

Last updated Jul 19, 2026

QQQN (VictoryShares Nasdaq Next 50 ETF) and IMCG (iShares Morningstar Mid-Cap Growth ETF) are both Mid Cap Growth Equities funds - QQQN tracks the Nasdaq Q-50 Index while IMCG tracks the Morningstar US Mid Cap Broad Growth Index. Both are passively managed. QQQN charges 0.18%/yr vs 0.06%/yr for IMCG.

Performance

QQQN vs. IMCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Nasdaq Next 50 ETF (QQQN) and iShares Morningstar Mid-Cap Growth ETF (IMCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQQN

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IMCG

• 1D: -0.71%
• 1M: -1.89%
• 6M: 14.33%
• YTD: 19.52%
• 1Y: 17.44%
• 3Y*: 15.63%
• 5Y*: 7.86%
• 10Y*: 14.10%

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

QQQN vs. IMCG - Yearly Performance Comparison

	2026 (YTD)
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%
IMCG iShares Morningstar Mid-Cap Growth ETF	18.94%

QQQN vs. IMCG - Sectors Allocation Comparison

Sectors	QQQN	IMCG
Technology	47.3%	26.0%
Healthcare	19.9%	7.6%
Consumer Cyclical	13.7%	10.0%
Industrials	8.7%	24.1%
Communication Services	5.5%	2.4%
Basic Materials	1.9%	6.2%
Utilities	1.6%	3.2%
Consumer Defensive	1.4%	2.0%
Energy	-	3.1%
Financial Services	-	11.6%
Real Estate	-	3.5%

Return for Risk

QQQN vs. IMCG — Risk / Return Rank

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

QQQN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IMCG

IMCG Risk / Return Rank: 40
IMCG Sharpe Ratio Rank: 36
IMCG Sortino Ratio Rank: 36
IMCG Omega Ratio Rank: 34
IMCG Calmar Ratio Rank: 43
IMCG Martin Ratio Rank: 51

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.

QQQN vs. IMCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Nasdaq Next 50 ETF (QQQN) and iShares Morningstar Mid-Cap Growth ETF (IMCG). 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.

	QQQN	IMCG	Difference
Sharpe ratio: Return per unit of total volatility	—	1.09	—
Sortino ratio: Return per unit of downside risk	—	1.61	—
Omega ratio: Gain probability vs. loss probability	—	1.19	—
Calmar ratio: Return relative to maximum drawdown	—	1.79	—
Martin ratio: Return relative to average drawdown	—	6.78	—

Drawdowns

QQQN vs. IMCG - Drawdown Comparison

The maximum QQQN drawdown since its inception was 0.00%, smaller than the maximum IMCG drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for QQQN and IMCG.

Drawdown Indicators

	QQQN	IMCG	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-58.96%	+58.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.92%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.08%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.08%	—
Current Drawdown Current decline from peak	0.00%	-3.17%	+3.17%
Average Drawdown Average peak-to-trough decline	0.00%	-9.18%	+9.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.68%	—

Volatility

Volatility by Period

	QQQN	IMCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	16.82%	-16.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	20.38%	-20.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	20.54%	-20.54%

QQQN vs. IMCG - Expense Ratio Comparison

QQQN has a 0.18% expense ratio, which is higher than IMCG's 0.06% 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

QQQN vs. IMCG - Dividend Comparison

QQQN has not paid dividends to shareholders, while IMCG's dividend yield for the trailing twelve months is around 0.63%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IMCG iShares Morningstar Mid-Cap Growth ETF	0.63%	0.78%	0.78%	0.85%	0.91%	0.41%	0.09%	0.30%	0.35%	0.45%	0.52%	0.38%
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QQQN or IMCG?

On fees, IMCG is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQQN or IMCG?

IMCG is cheaper with a 0.06% expense ratio, compared with 0.18% for QQQN.

Which ETF pays a higher dividend yield, QQQN or IMCG?

IMCG has the higher dividend yield at 0.63%, compared with 0.00% for QQQN.

What is the main difference between QQQN and IMCG?

QQQN tracks Nasdaq Q-50 Index, while IMCG tracks Morningstar US Mid Cap Broad Growth Index. They also come from different issuers: VictoryShares and iShares. Their fees differ too: 0.18% for QQQN and 0.06% for IMCG.