RAYS vs. QQQ

Last updated Jun 4, 2026

RAYS (Global X Solar ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. RAYS charges 0.50%/yr vs 0.18%/yr for QQQ.

Performance

RAYS vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Solar ETF (RAYS) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RAYS

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

QQQ

• 1D: -0.26%
• 1M: 10.60%
• YTD: 21.30%
• 6M: 19.66%
• 1Y: 41.82%
• 3Y*: 28.78%
• 5Y*: 17.97%
• 10Y*: 21.94%

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

RAYS vs. QQQ - Yearly Performance Comparison

	2026 (YTD)
RAYS Global X Solar ETF	0.00%
QQQ Invesco QQQ ETF	22.23%

RAYS vs. QQQ - Sectors Allocation Comparison

Sectors	RAYS	QQQ
Technology	66.9%	53.8%
Industrials	21.4%	2.8%
Utilities	6.8%	1.4%
Consumer Cyclical	4.0%	12.3%
Basic Materials	0.9%	1.1%
Communication Services	-	15.8%
Consumer Defensive	-	7.7%
Energy	-	0.6%
Financial Services	-	0.2%
Healthcare	-	4.2%
Real Estate	-	0.1%

Return for Risk

RAYS vs. QQQ — Risk / Return Rank

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

QQQ

QQQ Risk / Return Rank: 73
QQQ Sharpe Ratio Rank: 79
QQQ Sortino Ratio Rank: 75
QQQ Omega Ratio Rank: 74
QQQ Calmar Ratio Rank: 69
QQQ Martin Ratio Rank: 71

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.

RAYS vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Solar ETF (RAYS) and Invesco QQQ ETF (QQQ). 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.

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

Sharpe Ratios by Period

	RAYS	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.64	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.41	—

Drawdowns

RAYS vs. QQQ - Drawdown Comparison

The maximum RAYS drawdown since its inception was 0.00%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for RAYS and QQQ.

Drawdown Indicators

	RAYS	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-82.97%	+82.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.96%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	0.00%	-0.26%	+0.26%
Average Drawdown Average peak-to-trough decline	0.00%	-32.79%	+32.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.11%	—

Volatility

Volatility by Period

	RAYS	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	15.94%	-15.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	22.38%	-22.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	22.29%	-22.29%

RAYS vs. QQQ - Expense Ratio Comparison

RAYS has a 0.50% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

RAYS vs. QQQ - Dividend Comparison

RAYS has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%
RAYS Global X Solar 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, RAYS or QQQ?

On fees, QQQ is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RAYS or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.50% for RAYS.

Which ETF pays a higher dividend yield, RAYS or QQQ?

QQQ has the higher dividend yield at 0.38%, compared with 0.00% for RAYS.

What is the main difference between RAYS and QQQ?

RAYS is categorized as Alternative Energy Equities, while QQQ is Nasdaq-100. RAYS tracks Solactive Solar Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.50% for RAYS and 0.18% for QQQ.