SFYX vs. QQQJ

Last updated Jun 24, 2026

SFYX (SoFi Next 500 ETF) and QQQJ (Invesco NASDAQ Next Gen 100 ETF) are both Mid Cap Growth Equities funds - SFYX tracks the Solactive SoFi US Next 500 Growth Index while QQQJ tracks the NASDAQ Next Generation 100 Index. Both are passively managed. Their correlation of 0.85 suggests significant overlap in exposure. SFYX charges 0.00%/yr vs 0.15%/yr for QQQJ.

Performance

SFYX vs. QQQJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Next 500 ETF (SFYX) and Invesco NASDAQ Next Gen 100 ETF (QQQJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SFYX

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

QQQJ

• 1D: -1.14%
• 1M: 2.22%
• YTD: 20.04%
• 6M: 17.68%
• 1Y: 41.94%
• 3Y*: 21.29%
• 5Y*: 6.21%
• 10Y*: —

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

SFYX vs. QQQJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SFYX SoFi Next 500 ETF	5.66%	14.25%	14.45%	17.70%	-22.88%	18.89%	14.98%
QQQJ Invesco NASDAQ Next Gen 100 ETF	20.04%	20.44%	15.36%	13.68%	-28.25%	9.76%	15.34%

Correlation

The correlation between SFYX and QQQJ is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020	0.85

Over the past year, the correlation between SFYX and QQQJ has dropped to 0.64 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

SFYX vs. QQQJ - Sectors Allocation Comparison

Sectors	SFYX	QQQJ
Industrials	22.3%	11.1%
Technology	16.0%	40.4%
Financial Services	15.0%	2.0%
Healthcare	12.0%	18.7%
Consumer Cyclical	9.9%	11.3%
Real Estate	7.3%	-
Energy	4.8%	1.0%
Communication Services	4.0%	7.8%
Basic Materials	3.4%	2.6%
Consumer Defensive	3.0%	2.6%
Utilities	2.3%	2.6%

Return for Risk

SFYX vs. QQQJ — Risk / Return Rank

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

SFYX

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

QQQJ

QQQJ Risk / Return Rank: 72
QQQJ Sharpe Ratio Rank: 72
QQQJ Sortino Ratio Rank: 68
QQQJ Omega Ratio Rank: 67
QQQJ Calmar Ratio Rank: 73
QQQJ Martin Ratio Rank: 79

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.

SFYX vs. QQQJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Next 500 ETF (SFYX) and Invesco NASDAQ Next Gen 100 ETF (QQQJ). 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.

	SFYX	QQQJ	Difference
Sharpe ratio: Return per unit of total volatility	—	2.22	—
Sortino ratio: Return per unit of downside risk	—	2.97	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	3.56	—
Martin ratio: Return relative to average drawdown	—	14.75	—

Drawdowns

Drawdown Indicators

	SFYX	QQQJ	Difference
Max Drawdown Largest peak-to-trough decline	—	-39.57%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.84%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-39.57%	—
Current Drawdown Current decline from peak	—	-3.24%	—
Average Drawdown Average peak-to-trough decline	—	-15.62%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.85%	—

Volatility

Volatility by Period

	SFYX	QQQJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	19.00%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.18%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.11%	—

SFYX vs. QQQJ - Expense Ratio Comparison

SFYX has a 0.00% expense ratio, which is lower than QQQJ's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SFYX vs. QQQJ - Dividend Comparison

SFYX has not paid dividends to shareholders, while QQQJ's dividend yield for the trailing twelve months is around 0.55%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
QQQJ Invesco NASDAQ Next Gen 100 ETF	0.55%	0.85%	0.77%	0.67%	0.76%	0.91%	0.09%	0.00%
SFYX SoFi Next 500 ETF	1.36%	1.44%	1.25%	1.51%	1.56%	0.90%	1.16%	1.02%

Frequently Asked Questions

Can I hold both SFYX and QQQJ in my portfolio?

SFYX and QQQJ have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFYX or QQQJ?

On fees, SFYX is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SFYX or QQQJ?

SFYX is cheaper with a 0.00% expense ratio, compared with 0.15% for QQQJ.

Which ETF pays a higher dividend yield, SFYX or QQQJ?

SFYX has the higher dividend yield at 1.36%, compared with 0.55% for QQQJ.

What is the main difference between SFYX and QQQJ?

SFYX tracks Solactive SoFi US Next 500 Growth Index, while QQQJ tracks NASDAQ Next Generation 100 Index. They also come from different issuers: Toroso Investments and Invesco. Their fees differ too: 0.00% for SFYX and 0.15% for QQQJ.