PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
SPG vs. QQQM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPG vs. QQQM

Last updated Jun 13, 2026

SPG (Simon Property Group, Inc.) is a stock, while QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, SPG returned 16.57%/yr vs 16.94%/yr for QQQM. At a 0.40 correlation, their price movements are largely independent.

Performance

SPG vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simon Property Group, Inc. (SPG) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SPG achieves a 21.01% return, which is significantly higher than QQQM's 17.59% return.

SPG

1D
1.95%
1M
10.71%
YTD
21.01%
6M
23.06%
1Y
46.24%
3Y*
32.01%
5Y*
16.57%
10Y*
6.11%

QQQM

1D
0.67%
1M
1.75%
YTD
17.59%
6M
17.91%
1Y
37.64%
3Y*
26.52%
5Y*
16.94%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPG vs. QQQM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
SPG
Simon Property Group, Inc.		21.01%12.94%26.92%29.24%-21.91%95.72%27.35%
QQQM
Invesco NASDAQ 100 ETF		17.59%20.85%25.68%55.01%-32.52%27.45%6.64%

Correlation

The correlation between SPG and QQQM is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.12

Correlation (3Y)
Calculated over the trailing 3-year period

0.28

Correlation (5Y)
Calculated over the trailing 5-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Oct 13, 2020

0.40

Over the past year, the correlation between SPG and QQQM has dropped to 0.12 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Simon Property Group, Inc.

Invesco NASDAQ 100 ETF

Often compared with SPG:
SPG vs. OSPG vs. VNQSPG vs. SPYSPG vs. VOOSPG vs. SCHDSPG vs. MASPG vs. ARE
Often compared with QQQM:
QQQM vs. QQQQQQM vs. SCHGQQQM vs. VOOQQQM vs. VGTQQQM vs. SCHDQQQM vs. JEPQQQQM vs. FTEC

Return for Risk

SPG vs. QQQM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPG
SPG Risk / Return Rank: 9191
Overall Rank
SPG Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
SPG Sortino Ratio Rank: 9292
Sortino Ratio Rank
SPG Omega Ratio Rank: 9090
Omega Ratio Rank
SPG Calmar Ratio Rank: 8989
Calmar Ratio Rank
SPG Martin Ratio Rank: 9393
Martin Ratio Rank
QQQM
QQQM Risk / Return Rank: 7272
Overall Rank
QQQM Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
QQQM Sortino Ratio Rank: 7171
Sortino Ratio Rank
QQQM Omega Ratio Rank: 7373
Omega Ratio Rank
QQQM Calmar Ratio Rank: 6969
Calmar Ratio Rank
QQQM Martin Ratio Rank: 7070
Martin Ratio Rank
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.

SPG vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simon Property Group, Inc. (SPG) and Invesco NASDAQ 100 ETF (QQQM). 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.

SPGQQQMDifference
Sharpe ratioReturn per unit of total volatility
2.39
2.11

+0.28

Sortino ratioReturn per unit of downside risk
3.34
2.74

+0.60

Omega ratioGain probability vs. loss probability

1.40

1.37

+0.03

Calmar ratioReturn relative to maximum drawdown

3.88

3.02

+0.86

Martin ratioReturn relative to average drawdown

14.03

11.23

+2.80

SPG vs. QQQM - Sharpe Ratio Comparison

The current SPG Sharpe Ratio is 2.39, which is comparable to the QQQM Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of SPG and QQQM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

SPG vs. QQQM - Drawdown Comparison

The maximum SPG drawdown since its inception was -77.00%, which is greater than QQQM's maximum drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for SPG and QQQM.

Loading charts...

Drawdown Indicators

SPGQQQMDifference

Max Drawdown

Largest peak-to-trough decline

-77.00%

-35.04%

-41.96%

Max Drawdown (1Y)

Largest decline over 1 year

-11.54%

-11.96%

+0.42%

Max Drawdown (3Y)

Largest decline over 3 years

-24.32%

-22.70%

-1.62%

Max Drawdown (5Y)

Largest decline over 5 years

-45.84%

-35.04%

-10.80%

Max Drawdown (10Y)

Largest decline over 10 years

-77.00%

—

—

Current Drawdown

Current decline from peak

0.00%

-3.33%

+3.33%

Average Drawdown

Average peak-to-trough decline

-13.83%

-8.23%

-5.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.18%

3.21%

-0.03%

Volatility

SPG vs. QQQM - Volatility Comparison

The current volatility for Simon Property Group, Inc. (SPG) is 5.43%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 7.45%. This indicates that SPG experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

SPGQQQMDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.43%

7.45%

-2.02%

Volatility (6M)

Calculated over the trailing 6-month period

14.08%

13.71%

+0.37%

Volatility (1Y)

Calculated over the trailing 1-year period

18.76%

17.11%

+1.65%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.55%

22.40%

+4.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.08%

22.22%

+14.86%

Dividends

SPG vs. QQQM - Dividend Comparison

SPG's dividend yield for the trailing twelve months is around 4.02%, more than QQQM's 0.43% yield.

PositionTTM20252024202320222021202020192018201720162015
QQQM
Invesco NASDAQ 100 ETF		0.43%0.50%0.61%0.65%0.83%0.40%0.16%0.00%0.00%0.00%0.00%0.00%
SPG
Simon Property Group, Inc.		4.02%4.62%4.70%5.22%5.87%3.66%7.04%5.57%4.70%4.16%3.66%3.11%

Frequently Asked Questions

SPG and QQQM have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QQQM has higher volatility (7.45%) compared to SPG (5.43%). In terms of maximum drawdown, SPG dropped -77.00% vs QQQM's -35.04%.

SPG currently has the higher Sharpe Ratio (2.38 vs 2.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for SPG and QQQM

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer