QQQS vs. WCEO

Last updated Jun 4, 2026

QQQS (Invesco NASDAQ Future Gen 200 ETF) and WCEO (Hypatia Women CEO ETF) are both Small Cap Blend Equities funds. QQQS is passively managed, while WCEO is actively managed. Over the past 3 years, QQQS returned 15.89%/yr vs 14.56%/yr for WCEO. Their correlation of 0.84 suggests significant overlap in exposure. QQQS charges 0.20%/yr vs 0.85%/yr for WCEO.

Performance

QQQS vs. WCEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ Future Gen 200 ETF (QQQS) and Hypatia Women CEO ETF (WCEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQS achieves a 27.27% return, which is significantly higher than WCEO's 11.34% return.

QQQS

• 1D: -1.70%
• 1M: 5.91%
• YTD: 27.27%
• 6M: 27.40%
• 1Y: 79.99%
• 3Y*: 15.89%
• 5Y*: —
• 10Y*: —

WCEO

• 1D: -0.81%
• 1M: 2.32%
• YTD: 11.34%
• 6M: 12.19%
• 1Y: 29.95%
• 3Y*: 14.56%
• 5Y*: —
• 10Y*: —

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

QQQS vs. WCEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QQQS Invesco NASDAQ Future Gen 200 ETF	27.27%	23.03%	10.20%	-7.20%
WCEO Hypatia Women CEO ETF	11.34%	9.77%	8.28%	11.35%

Correlation

The correlation between QQQS and WCEO is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 10, 2023	0.84

The correlation between QQQS and WCEO has been stable across timeframes, ranging from 0.81 to 0.84 - a consistent structural relationship.

QQQS vs. WCEO - Sectors Allocation Comparison

Sectors	QQQS	WCEO
Technology	42.1%	15.8%
Healthcare	41.0%	11.8%
Consumer Cyclical	5.2%	15.2%
Industrials	4.8%	13.0%
Communication Services	2.4%	4.5%
Energy	2.2%	6.9%
Consumer Defensive	1.4%	3.5%
Basic Materials	1.0%	5.1%
Financial Services	0.0%	15.8%
Real Estate	-	6.2%
Utilities	-	2.3%

Return for Risk

QQQS vs. WCEO — Risk / Return Rank

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

QQQS

QQQS Risk / Return Rank: 85
QQQS Sharpe Ratio Rank: 88
QQQS Sortino Ratio Rank: 83
QQQS Omega Ratio Rank: 73
QQQS Calmar Ratio Rank: 91
QQQS Martin Ratio Rank: 88

WCEO

WCEO Risk / Return Rank: 66
WCEO Sharpe Ratio Rank: 58
WCEO Sortino Ratio Rank: 62
WCEO Omega Ratio Rank: 55
WCEO Calmar Ratio Rank: 82
WCEO Martin Ratio Rank: 72

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.

QQQS vs. WCEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Future Gen 200 ETF (QQQS) and Hypatia Women CEO ETF (WCEO). 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.

	QQQS	WCEO	Difference
Sharpe ratio: Return per unit of total volatility	3.00	1.98	+1.02
Sortino ratio: Return per unit of downside risk	3.78	2.92	+0.86
Omega ratio: Gain probability vs. loss probability	1.44	1.34	+0.10
Calmar ratio: Return relative to maximum drawdown	5.90	4.33	+1.58
Martin ratio: Return relative to average drawdown	19.70	13.47	+6.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQS vs. WCEO - Sharpe Ratio Comparison

The current QQQS Sharpe Ratio is 3.00, which is higher than the WCEO Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of QQQS and WCEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QQQS	WCEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.00	1.98	+1.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.67	-0.05

Drawdowns

QQQS vs. WCEO - Drawdown Comparison

The maximum QQQS drawdown since its inception was -38.06%, which is greater than WCEO's maximum drawdown of -25.88%. Use the drawdown chart below to compare losses from any high point for QQQS and WCEO.

Drawdown Indicators

	QQQS	WCEO	Difference
Max Drawdown Largest peak-to-trough decline	-38.06%	-25.88%	-12.18%
Max Drawdown (1Y) Largest decline over 1 year	-13.63%	-6.96%	-6.67%
Max Drawdown (3Y) Largest decline over 3 years	-34.32%	-25.88%	-8.44%
Current Drawdown Current decline from peak	-2.55%	-0.81%	-1.74%
Average Drawdown Average peak-to-trough decline	-13.26%	-5.52%	-7.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.07%	2.23%	+1.84%

Volatility

QQQS vs. WCEO - Volatility Comparison

Invesco NASDAQ Future Gen 200 ETF (QQQS) has a higher volatility of 7.39% compared to Hypatia Women CEO ETF (WCEO) at 3.34%. This indicates that QQQS's price experiences larger fluctuations and is considered to be riskier than WCEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQS	WCEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.39%	3.34%	+4.05%
Volatility (6M) Calculated over the trailing 6-month period	18.49%	10.22%	+8.27%
Volatility (1Y) Calculated over the trailing 1-year period	26.90%	15.22%	+11.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.34%	18.13%	+10.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.34%	18.13%	+10.21%

QQQS vs. WCEO - Expense Ratio Comparison

QQQS has a 0.20% expense ratio, which is lower than WCEO's 0.85% expense ratio.

Dividends

QQQS vs. WCEO - Dividend Comparison

QQQS's dividend yield for the trailing twelve months is around 2.73%, more than WCEO's 0.58% yield.

Position	TTM	2025	2024	2023	2022
QQQS Invesco NASDAQ Future Gen 200 ETF	2.73%	3.48%	0.80%	0.68%	0.04%
WCEO Hypatia Women CEO ETF	0.58%	0.64%	0.88%	0.93%	0.00%

Frequently Asked Questions

Can I hold both QQQS and WCEO in my portfolio?

QQQS and WCEO have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQS or WCEO?

QQQS has higher volatility (7.39%) compared to WCEO (3.34%). In terms of maximum drawdown, QQQS dropped -38.06% vs WCEO's -25.88%.

Which ETF is better, QQQS or WCEO?

On 3-year performance, QQQS leads with 15.89% vs 14.56% for WCEO. On fees, QQQS is cheaper at 0.20% per year. On volatility, WCEO has been the lower-risk option at 3.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQS or WCEO?

Over the 3-year period, QQQS has performed better with a 15.89% return vs 14.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQS or WCEO?

QQQS is cheaper with a 0.20% expense ratio, compared with 0.85% for WCEO.

Which ETF pays a higher dividend yield, QQQS or WCEO?

QQQS has the higher dividend yield at 2.73%, compared with 0.58% for WCEO.

What is the main difference between QQQS and WCEO?

They also come from different issuers: Invesco and Hypatia Capital. Their fees differ too: 0.20% for QQQS and 0.85% for WCEO.

Which has better risk-adjusted returns?

QQQS currently has the higher Sharpe Ratio (3.00 vs 1.98), 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.