SPOG.L vs. QQQM
Compare and contrast key facts about iShares Oil & Gas Exploration & Production UCITS ETF (SPOG.L) and Invesco NASDAQ 100 ETF (QQQM).
SPOG.L and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPOG.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Energy NR USD. It was launched on Sep 16, 2011. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both SPOG.L and QQQM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SPOG.L vs. QQQM - Performance Comparison
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SPOG.L vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPOG.L iShares Oil & Gas Exploration & Production UCITS ETF | 42.11% | -0.88% | 0.57% | -2.90% | 54.40% | 69.37% | 20.29% |
QQQM Invesco NASDAQ 100 ETF | -4.13% | 12.24% | 27.88% | 47.26% | -24.49% | 28.66% | 1.00% |
Different Trading Currencies
SPOG.L is traded in GBp, while QQQM is traded in USD. To make them comparable, the QQQM values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPOG.L achieves a 42.11% return, which is significantly higher than QQQM's -4.13% return.
SPOG.L
- 1D
- -0.77%
- 1M
- 19.61%
- YTD
- 42.11%
- 6M
- 47.07%
- 1Y
- 36.16%
- 3Y*
- 15.12%
- 5Y*
- 22.54%
- 10Y*
- 10.77%
QQQM
- 1D
- 3.07%
- 1M
- -2.97%
- YTD
- -4.13%
- 6M
- -1.94%
- 1Y
- 20.92%
- 3Y*
- 19.60%
- 5Y*
- 13.98%
- 10Y*
- —
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SPOG.L vs. QQQM - Expense Ratio Comparison
SPOG.L has a 0.55% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Return for Risk
SPOG.L vs. QQQM — Risk / Return Rank
SPOG.L
QQQM
SPOG.L vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Oil & Gas Exploration & Production UCITS ETF (SPOG.L) 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.
| SPOG.L | QQQM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 0.93 | +0.42 |
Sortino ratioReturn per unit of downside risk | 1.77 | 1.45 | +0.32 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.21 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.76 | 0.00 |
Martin ratioReturn relative to average drawdown | 4.31 | 4.98 | -0.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPOG.L | QQQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 0.93 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.67 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.64 | -0.46 |
Correlation
The correlation between SPOG.L and QQQM is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
SPOG.L vs. QQQM - Dividend Comparison
SPOG.L has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPOG.L iShares Oil & Gas Exploration & Production UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.53% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
SPOG.L vs. QQQM - Drawdown Comparison
The maximum SPOG.L drawdown since its inception was -76.49%, which is greater than QQQM's maximum drawdown of -27.83%. Use the drawdown chart below to compare losses from any high point for SPOG.L and QQQM.
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Drawdown Indicators
| SPOG.L | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.49% | -35.04% | -41.45% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -12.55% | -7.82% |
Max Drawdown (5Y)Largest decline over 5 years | -32.90% | -35.04% | +2.14% |
Max Drawdown (10Y)Largest decline over 10 years | -71.97% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -8.99% | +8.22% |
Average DrawdownAverage peak-to-trough decline | -26.69% | -8.47% | -18.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.36% | 3.41% | +4.95% |
Volatility
SPOG.L vs. QQQM - Volatility Comparison
iShares Oil & Gas Exploration & Production UCITS ETF (SPOG.L) has a higher volatility of 9.31% compared to Invesco NASDAQ 100 ETF (QQQM) at 5.63%. This indicates that SPOG.L's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPOG.L | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.31% | 5.63% | +3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 17.42% | 12.44% | +4.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.75% | 22.66% | +4.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.96% | 21.04% | +7.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.73% | 21.16% | +10.57% |