TTEQ vs. QQH

Last updated Jun 26, 2026

TTEQ (T. Rowe Price Technology ETF) and QQH (HCM Defender 100 Index ETF) are both Technology Equities funds. TTEQ is actively managed, while QQH is passively managed. Over the past year, TTEQ returned 51.07% vs 25.12% for QQH. Their correlation of 0.92 suggests significant overlap in exposure. TTEQ charges 0.63%/yr vs 1.14%/yr for QQH.

Performance

TTEQ vs. QQH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Technology ETF (TTEQ) and HCM Defender 100 Index ETF (QQH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTEQ achieves a 32.04% return, which is significantly higher than QQH's 6.29% return.

TTEQ

• 1D: 1.04%
• 1M: -0.76%
• YTD: 32.04%
• 6M: 30.91%
• 1Y: 51.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQH

• 1D: 0.21%
• 1M: -5.14%
• YTD: 6.29%
• 6M: 3.88%
• 1Y: 25.12%
• 3Y*: 22.30%
• 5Y*: 12.03%
• 10Y*: —

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

TTEQ vs. QQH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TTEQ T. Rowe Price Technology ETF	32.04%	24.25%	0.78%
QQH HCM Defender 100 Index ETF	6.29%	15.66%	7.09%

Correlation

The correlation between TTEQ and QQH is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Oct 24, 2024	0.92

The correlation between TTEQ and QQH has been stable across timeframes, ranging from 0.92 to 0.92 - a consistent structural relationship.

Return for Risk

TTEQ vs. QQH — Risk / Return Rank

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

TTEQ

TTEQ Risk / Return Rank: 64
TTEQ Sharpe Ratio Rank: 69
TTEQ Sortino Ratio Rank: 60
TTEQ Omega Ratio Rank: 65
TTEQ Calmar Ratio Rank: 68
TTEQ Martin Ratio Rank: 59

QQH

QQH Risk / Return Rank: 32
QQH Sharpe Ratio Rank: 33
QQH Sortino Ratio Rank: 30
QQH Omega Ratio Rank: 32
QQH Calmar Ratio Rank: 34
QQH Martin Ratio Rank: 31

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.

TTEQ vs. QQH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Technology ETF (TTEQ) and HCM Defender 100 Index ETF (QQH). 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.

	TTEQ	QQH	Difference
Sharpe ratio: Return per unit of total volatility	1.96	1.10	+0.87
Sortino ratio: Return per unit of downside risk	2.48	1.52	+0.97
Omega ratio: Gain probability vs. loss probability	1.34	1.20	+0.14
Calmar ratio: Return relative to maximum drawdown	2.97	1.56	+1.41
Martin ratio: Return relative to average drawdown	9.20	4.11	+5.09

TTEQ vs. QQH - Sharpe Ratio Comparison

The current TTEQ Sharpe Ratio is 1.96, which is higher than the QQH Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of TTEQ and QQH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TTEQ vs. QQH - Drawdown Comparison

The maximum TTEQ drawdown since its inception was -26.97%, smaller than the maximum QQH drawdown of -41.87%. Use the drawdown chart below to compare losses from any high point for TTEQ and QQH.

Drawdown Indicators

	TTEQ	QQH	Difference
Max Drawdown Largest peak-to-trough decline	-26.97%	-41.87%	+14.90%
Max Drawdown (1Y) Largest decline over 1 year	-17.31%	-16.18%	-1.13%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-41.87%	—
Current Drawdown Current decline from peak	-5.40%	-7.92%	+2.52%
Average Drawdown Average peak-to-trough decline	-4.82%	-12.87%	+8.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.57%	6.13%	-0.56%

Volatility

TTEQ vs. QQH - Volatility Comparison

T. Rowe Price Technology ETF (TTEQ) has a higher volatility of 13.30% compared to HCM Defender 100 Index ETF (QQH) at 11.60%. This indicates that TTEQ's price experiences larger fluctuations and is considered to be riskier than QQH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTEQ	QQH	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.30%	11.60%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	22.14%	17.73%	+4.41%
Volatility (1Y) Calculated over the trailing 1-year period	26.15%	23.02%	+3.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.61%	22.01%	+6.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.61%	24.99%	+3.62%

TTEQ vs. QQH - Expense Ratio Comparison

TTEQ has a 0.63% expense ratio, which is lower than QQH's 1.14% expense ratio.

Dividends

TTEQ vs. QQH - Dividend Comparison

TTEQ has not paid dividends to shareholders, while QQH's dividend yield for the trailing twelve months is around 0.20%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
QQH HCM Defender 100 Index ETF	0.20%	0.21%	0.24%	0.27%	0.00%	0.00%	0.00%	0.21%
TTEQ T. Rowe Price Technology ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTEQ and QQH in my portfolio?

With a correlation of 0.92, TTEQ and QQH 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 is riskier, TTEQ or QQH?

TTEQ has higher volatility (13.30%) compared to QQH (11.60%). In terms of maximum drawdown, TTEQ dropped -26.97% vs QQH's -41.87%.

Which ETF is better, TTEQ or QQH?

On 1-year performance, TTEQ leads with 51.07% vs 25.12% for QQH. On fees, TTEQ is cheaper at 0.63% per year. On volatility, QQH has been the lower-risk option at 11.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TTEQ or QQH?

Over the 1-year period, TTEQ has performed better with a 51.07% return vs 25.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TTEQ or QQH?

TTEQ is cheaper with a 0.63% expense ratio, compared with 1.14% for QQH.

Which ETF pays a higher dividend yield, TTEQ or QQH?

QQH has the higher dividend yield at 0.20%, compared with 0.00% for TTEQ.

What is the main difference between TTEQ and QQH?

They also come from different issuers: T. Rowe Price and Howard Capital Management. Their fees differ too: 0.63% for TTEQ and 1.14% for QQH.

Which has better risk-adjusted returns?

TTEQ currently has the higher Sharpe Ratio (1.96 vs 1.10), 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.