QQXT vs. IQM
Compare and contrast key facts about First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and Franklin Intelligent Machines ETF (IQM).
QQXT and IQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQXT is a passively managed fund by First Trust that tracks the performance of the NASDAQ-100 Ex-Tech Sector Index. It was launched on Feb 8, 2007. IQM is an actively managed fund by Franklin Templeton. It was launched on Feb 25, 2020.
Performance
QQXT vs. IQM - Performance Comparison
Loading graphics...
QQXT vs. IQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund | -1.55% | 8.02% | 6.71% | 16.81% | -13.09% | 12.02% | 42.07% |
IQM Franklin Intelligent Machines ETF | 1.18% | 30.76% | 31.03% | 41.06% | -33.36% | 25.18% | 78.48% |
Returns By Period
In the year-to-date period, QQXT achieves a -1.55% return, which is significantly lower than IQM's 1.18% return.
QQXT
- 1D
- 1.28%
- 1M
- -5.96%
- YTD
- -1.55%
- 6M
- -0.43%
- 1Y
- 5.33%
- 3Y*
- 6.96%
- 5Y*
- 4.77%
- 10Y*
- 10.10%
IQM
- 1D
- 6.12%
- 1M
- -5.61%
- YTD
- 1.18%
- 6M
- 1.33%
- 1Y
- 55.72%
- 3Y*
- 26.13%
- 5Y*
- 14.95%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QQXT vs. IQM - Expense Ratio Comparison
QQXT has a 0.60% expense ratio, which is higher than IQM's 0.50% expense ratio.
Return for Risk
QQXT vs. IQM — Risk / Return Rank
QQXT
IQM
QQXT vs. IQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and Franklin Intelligent Machines ETF (IQM). 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.
| QQXT | IQM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.33 | 1.68 | -1.35 |
Sortino ratioReturn per unit of downside risk | 0.61 | 2.29 | -1.68 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.32 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | 0.52 | 3.72 | -3.20 |
Martin ratioReturn relative to average drawdown | 2.07 | 11.65 | -9.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QQXT | IQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | 1.68 | -1.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.52 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.77 | -0.32 |
Correlation
The correlation between QQXT and IQM is 0.72, 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.
Dividends
QQXT vs. IQM - Dividend Comparison
QQXT's dividend yield for the trailing twelve months is around 1.23%, while IQM has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund | 1.23% | 1.20% | 0.98% | 1.10% | 0.92% | 0.35% | 0.28% | 0.35% | 0.38% | 0.32% | 0.31% | 0.40% |
IQM Franklin Intelligent Machines ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.17% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QQXT vs. IQM - Drawdown Comparison
The maximum QQXT drawdown since its inception was -57.45%, which is greater than IQM's maximum drawdown of -44.91%. Use the drawdown chart below to compare losses from any high point for QQXT and IQM.
Loading graphics...
Drawdown Indicators
| QQXT | IQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.45% | -44.91% | -12.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.09% | -14.71% | +3.62% |
Max Drawdown (5Y)Largest decline over 5 years | -24.74% | -44.91% | +20.17% |
Max Drawdown (10Y)Largest decline over 10 years | -30.40% | — | — |
Current DrawdownCurrent decline from peak | -5.96% | -8.68% | +2.72% |
Average DrawdownAverage peak-to-trough decline | -8.14% | -12.55% | +4.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 4.70% | -1.89% |
Volatility
QQXT vs. IQM - Volatility Comparison
The current volatility for First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) is 4.31%, while Franklin Intelligent Machines ETF (IQM) has a volatility of 12.90%. This indicates that QQXT experiences smaller price fluctuations and is considered to be less risky than IQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QQXT | IQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.31% | 12.90% | -8.59% |
Volatility (6M)Calculated over the trailing 6-month period | 8.06% | 23.48% | -15.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.07% | 33.37% | -17.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.32% | 28.67% | -12.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.60% | 30.73% | -13.13% |