WRND vs. QQQ

Last updated Jun 3, 2026

WRND (IQ Global Equity R&D Leaders ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - WRND is a Global Equities fund tracking the IQ Global Equity R&D Leaders Index - Benchmark TR Net, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 3 years, WRND returned 22.97%/yr vs 28.78%/yr for QQQ. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 0.18% expense ratio.

Performance

WRND vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ Global Equity R&D Leaders ETF (WRND) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WRND achieves a 17.02% return, which is significantly lower than QQQ's 21.30% return.

WRND

• 1D: 0.15%
• 1M: 5.70%
• YTD: 17.02%
• 6M: 17.41%
• 1Y: 40.98%
• 3Y*: 22.97%
• 5Y*: —
• 10Y*: —

QQQ

• 1D: -0.26%
• 1M: 10.60%
• YTD: 21.30%
• 6M: 19.66%
• 1Y: 41.82%
• 3Y*: 28.78%
• 5Y*: 17.97%
• 10Y*: 21.94%

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

WRND vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WRND IQ Global Equity R&D Leaders ETF	17.02%	27.72%	13.46%	34.85%	-19.17%
QQQ Invesco QQQ ETF	21.30%	20.77%	25.58%	54.86%	-25.31%

Correlation

The correlation between WRND and QQQ is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (All Time) Calculated using the full available price history since Feb 9, 2022	0.90

The correlation between WRND and QQQ has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

WRND vs. QQQ - Sectors Allocation Comparison

Sectors	WRND	QQQ
Technology	49.9%	53.8%
Industrials	14.0%	2.8%
Communication Services	13.2%	15.8%
Healthcare	11.7%	4.2%
Consumer Cyclical	8.7%	12.3%
Consumer Defensive	1.6%	7.7%
Basic Materials	1.0%	1.1%
Energy	-	0.6%
Financial Services	-	0.2%
Real Estate	-	0.1%
Utilities	-	1.4%

Return for Risk

WRND vs. QQQ — Risk / Return Rank

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

WRND

WRND Risk / Return Rank: 70
WRND Sharpe Ratio Rank: 74
WRND Sortino Ratio Rank: 71
WRND Omega Ratio Rank: 68
WRND Calmar Ratio Rank: 66
WRND Martin Ratio Rank: 74

QQQ

QQQ Risk / Return Rank: 73
QQQ Sharpe Ratio Rank: 79
QQQ Sortino Ratio Rank: 75
QQQ Omega Ratio Rank: 74
QQQ Calmar Ratio Rank: 69
QQQ Martin Ratio Rank: 71

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.

WRND vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ Global Equity R&D Leaders ETF (WRND) and Invesco QQQ ETF (QQQ). 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.

	WRND	QQQ	Difference
Sharpe ratio Return per unit of total volatility	2.45	2.64	-0.18
Sortino ratio Return per unit of downside risk	3.29	3.45	-0.16
Omega ratio Gain probability vs. loss probability	1.42	1.45	-0.04
Calmar ratio Return relative to maximum drawdown	3.36	3.51	-0.15
Martin ratio Return relative to average drawdown	14.25	13.49	+0.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WRND vs. QQQ - Sharpe Ratio Comparison

The current WRND Sharpe Ratio is 2.45, which is comparable to the QQQ Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of WRND and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WRND	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	2.64	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.41	+0.41

Drawdowns

WRND vs. QQQ - Drawdown Comparison

The maximum WRND drawdown since its inception was -27.16%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for WRND and QQQ.

Drawdown Indicators

	WRND	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-27.16%	-82.97%	+55.81%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-11.96%	-0.47%
Max Drawdown (3Y) Largest decline over 3 years	-18.41%	-22.77%	+4.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	0.00%	-0.26%	+0.26%
Average Drawdown Average peak-to-trough decline	-5.98%	-32.79%	+26.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.11%	-0.18%

Volatility

WRND vs. QQQ - Volatility Comparison

IQ Global Equity R&D Leaders ETF (WRND) and Invesco QQQ ETF (QQQ) have volatilities of 4.68% and 4.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WRND	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.68%	4.49%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	13.44%	12.10%	+1.34%
Volatility (1Y) Calculated over the trailing 1-year period	16.79%	15.94%	+0.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.80%	22.38%	-3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.80%	22.29%	-3.49%

WRND vs. QQQ - Expense Ratio Comparison

Both WRND and QQQ have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

WRND vs. QQQ - Dividend Comparison

WRND's dividend yield for the trailing twelve months is around 0.98%, more than QQQ's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%
WRND IQ Global Equity R&D Leaders ETF	0.98%	1.29%	1.15%	2.06%	2.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WRND and QQQ in my portfolio?

With a correlation of 0.90, WRND and QQQ 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, WRND or QQQ?

WRND has higher volatility (4.68%) compared to QQQ (4.49%). In terms of maximum drawdown, WRND dropped -27.16% vs QQQ's -82.97%.

Which ETF is better, WRND or QQQ?

On 3-year performance, QQQ leads with 28.78% vs 22.97% for WRND. Both ETFs have the same 0.18% expense ratio. On volatility, QQQ has been the lower-risk option at 4.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WRND or QQQ?

Over the 3-year period, QQQ has performed better with a 28.78% return vs 22.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WRND or QQQ?

WRND and QQQ have the same expense ratio: 0.18% per year.

Which ETF pays a higher dividend yield, WRND or QQQ?

WRND has the higher dividend yield at 0.98%, compared with 0.38% for QQQ.

What is the main difference between WRND and QQQ?

WRND is categorized as Global Equities, while QQQ is Nasdaq-100. WRND tracks IQ Global Equity R&D Leaders Index - Benchmark TR Net, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: IndexIQ and Invesco.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.64 vs 2.45), 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.