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

QQQY vs. QQQM

Last updated May 21, 2025

Compare and contrast key facts about Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and Invesco NASDAQ 100 ETF (QQQM).

QQQY and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQY is an actively managed fund by Defiance ETFs. It was launched on Sep 13, 2023. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQY or QQQM.

Correlation

The correlation between QQQY and QQQM is 0.87, 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

QQQY vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QQQY:

0.16

QQQM:

0.61

Sortino Ratio

QQQY:

0.31

QQQM:

1.04

Omega Ratio

QQQY:

1.05

QQQM:

1.15

Calmar Ratio

QQQY:

0.17

QQQM:

0.70

Martin Ratio

QQQY:

0.49

QQQM:

2.28

Ulcer Index

QQQY:

6.49%

QQQM:

6.98%

Daily Std Dev

QQQY:

17.78%

QQQM:

25.16%

Max Drawdown

QQQY:

-19.04%

QQQM:

-35.05%

Current Drawdown

QQQY:

-6.27%

QQQM:

-3.40%

Returns By Period

In the year-to-date period, QQQY achieves a -1.46% return, which is significantly lower than QQQM's 1.95% return.

QQQY

YTD

-1.46%

1M

12.88%

6M

-3.13%

1Y

2.75%

3Y*

N/A

5Y*

N/A

10Y*

N/A

QQQM

YTD

1.95%

1M

17.14%

6M

3.69%

1Y

15.13%

3Y*

22.60%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Defiance Nasdaq 100 Enhanced Options Income ETF

Invesco NASDAQ 100 ETF

QQQY vs. QQQM - Expense Ratio Comparison

QQQY has a 0.99% expense ratio, which is higher than QQQM's 0.15% expense ratio.

QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
QQQM
Invesco NASDAQ 100 ETF

Risk-Adjusted Performance

QQQY vs. QQQM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQY
The Risk-Adjusted Performance Rank of QQQY is 2424
Overall Rank
The Sharpe Ratio Rank of QQQY is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQY is 2222
Sortino Ratio Rank
The Omega Ratio Rank of QQQY is 2424
Omega Ratio Rank
The Calmar Ratio Rank of QQQY is 2727
Calmar Ratio Rank
The Martin Ratio Rank of QQQY is 2525
Martin Ratio Rank
QQQM
The Risk-Adjusted Performance Rank of QQQM is 6363
Overall Rank
The Sharpe Ratio Rank of QQQM is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQM is 6464
Sortino Ratio Rank
The Omega Ratio Rank of QQQM is 6464
Omega Ratio Rank
The Calmar Ratio Rank of QQQM is 6969
Calmar Ratio Rank
The Martin Ratio Rank of QQQM is 6161
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.

QQQY vs. QQQM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and Invesco NASDAQ 100 ETF (QQQM). 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 QQQY Sharpe Ratio is 0.16, which is lower than the QQQM Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of QQQY and QQQM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Dividends

QQQY vs. QQQM - Dividend Comparison

QQQY's dividend yield for the trailing twelve months is around 78.93%, more than QQQM's 0.58% yield.

TTM20242023202220212020
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF		78.93%83.34%20.64%0.00%0.00%0.00%
QQQM
Invesco NASDAQ 100 ETF		0.58%0.61%0.65%0.83%0.40%0.16%

Drawdowns

QQQY vs. QQQM - Drawdown Comparison

The maximum QQQY drawdown since its inception was -19.04%, smaller than the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for QQQY and QQQM. For additional features, visit the drawdowns tool.

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Volatility

QQQY vs. QQQM - Volatility Comparison

The current volatility for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) is 2.48%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 5.59%. This indicates that QQQY experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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