ROCQ vs. QQMG

Last updated Jun 4, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and QQMG (Invesco ESG NASDAQ 100 ETF) are both Nasdaq-100 funds. ROCQ is actively managed, while QQMG is passively managed. With a 0.96 correlation, they move nearly in lockstep. ROCQ charges 0.35%/yr vs 0.20%/yr for QQMG.

Performance

ROCQ vs. QQMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and Invesco ESG NASDAQ 100 ETF (QQMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROCQ

• 1D: -0.12%
• 1M: 6.49%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQMG

• 1D: -0.41%
• 1M: 11.51%
• YTD: 21.86%
• 6M: 20.50%
• 1Y: 44.32%
• 3Y*: 29.63%
• 5Y*: —
• 10Y*: —

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

ROCQ vs. QQMG - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	17.62%
QQMG Invesco ESG NASDAQ 100 ETF	27.11%

Correlation

The correlation between ROCQ and QQMG is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.96

Return for Risk

ROCQ vs. QQMG — Risk / Return Rank

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

QQMG

QQMG Risk / Return Rank: 74
QQMG Sharpe Ratio Rank: 80
QQMG Sortino Ratio Rank: 75
QQMG Omega Ratio Rank: 74
QQMG Calmar Ratio Rank: 70
QQMG Martin Ratio Rank: 70

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.

ROCQ vs. QQMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and Invesco ESG NASDAQ 100 ETF (QQMG). 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

	ROCQ	QQMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.49	0.74	+6.75

Drawdowns

ROCQ vs. QQMG - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -5.15%, smaller than the maximum QQMG drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for ROCQ and QQMG.

Drawdown Indicators

	ROCQ	QQMG	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-35.43%	+30.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.67%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.79%	—
Current Drawdown Current decline from peak	-0.33%	-0.41%	+0.08%
Average Drawdown Average peak-to-trough decline	-0.66%	-9.61%	+8.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.40%	—

Volatility

Volatility by Period

	ROCQ	QQMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.13%	16.77%	-0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.13%	23.60%	-7.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.13%	23.60%	-7.47%

ROCQ vs. QQMG - Expense Ratio Comparison

ROCQ has a 0.35% expense ratio, which is higher than QQMG's 0.20% expense ratio.

Dividends

ROCQ vs. QQMG - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 2.02%, more than QQMG's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021
QQMG Invesco ESG NASDAQ 100 ETF	0.34%	0.41%	0.50%	0.60%	0.82%	0.08%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	2.02%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ROCQ and QQMG in my portfolio?

With a correlation of 0.96, ROCQ and QQMG 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.

Which ETF is better, ROCQ or QQMG?

On fees, QQMG is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROCQ or QQMG?

QQMG is cheaper with a 0.20% expense ratio, compared with 0.35% for ROCQ.

Which ETF pays a higher dividend yield, ROCQ or QQMG?

ROCQ has the higher dividend yield at 2.02%, compared with 0.34% for QQMG.

What is the main difference between ROCQ and QQMG?

They also come from different issuers: JPMorgan and Invesco. Their fees differ too: 0.35% for ROCQ and 0.20% for QQMG.