QXQ vs. IQQ
QXQ (SGI Enhanced Nasdaq-100 ETF) and IQQ (iShares Nasdaq 100 ETF) are both Nasdaq-100 funds. QXQ is actively managed, while IQQ is passively managed. Their 0.99 correlation means they have historically moved very closely together. QXQ charges 0.98%/yr vs 0.10%/yr for IQQ.
Performance
QXQ vs. IQQ - Performance Comparison
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Returns By Period
QXQ
- 1D
- 1.59%
- 1M
- -1.86%
- 6M
- 11.58%
- YTD
- 13.63%
- 1Y
- 28.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 20.65%
IQQ
- 1D
- 1.76%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $29.42M | $36.69M | $36.69M | |
| $1.32M | $762.04K | $467.23K |
QXQ vs. IQQ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
QXQ SGI Enhanced Nasdaq-100 ETF | -1.63% |
IQQ iShares Nasdaq 100 ETF | -2.95% |
Correlation
The correlation between QXQ and IQQ is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 9, 2026 | 0.99 |
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Return for Risk
QXQ vs. IQQ — Risk / Return Rank
QXQ
IQQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QXQ vs. IQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Nasdaq-100 ETF (QXQ) and iShares Nasdaq 100 ETF (IQQ). 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.
| QXQ | IQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | — | — |
| Martin ratioReturn relative to average drawdown | 7.53 | — | — |
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Drawdowns
QXQ vs. IQQ - Drawdown Comparison
The maximum QXQ drawdown since its inception was -22.53%, which is greater than IQQ's maximum drawdown of -8.80%. Use the drawdown chart below to compare losses from any high point for QXQ and IQQ.
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Drawdown Indicators
| QXQ | IQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.53% | -8.80% | -13.73% |
Max Drawdown (1Y)Largest decline over 1 year | -12.20% | — | — |
Current DrawdownCurrent decline from peak | -6.27% | -3.54% | -2.73% |
Average DrawdownAverage peak-to-trough decline | -3.71% | -3.69% | -0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | — | — |
Volatility
QXQ vs. IQQ - Volatility Comparison
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Volatility by Period
| QXQ | IQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.06% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.79% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.14% | 23.60% | -4.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.24% | 23.60% | -1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.24% | 23.60% | -1.36% |
QXQ vs. IQQ - Expense Ratio Comparison
QXQ has a 0.98% expense ratio, which is higher than IQQ's 0.10% expense ratio.
Dividends
QXQ vs. IQQ - Dividend Comparison
QXQ's dividend yield for the trailing twelve months is around 15.78%, while IQQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
IQQ iShares Nasdaq 100 ETF | 0.00% | 0.00% | 0.00% |
QXQ SGI Enhanced Nasdaq-100 ETF | 15.78% | 18.21% | 1.97% |
Frequently Asked Questions
With a correlation of 0.99, QXQ and IQQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IQQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQ is cheaper with a 0.10% expense ratio, compared with 0.98% for QXQ.
QXQ has the higher dividend yield at 15.78%, compared with 0.00% for IQQ.
They also come from different issuers: Summit Global Investments and iShares. Their fees differ too: 0.98% for QXQ and 0.10% for IQQ.
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