WRND vs. QQQ

Last updated Aug 2, 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 19.01%/yr vs 22.29%/yr for QQQ. Their correlation of 0.89 means they have usually moved in the same direction. 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

The year-to-date returns for both stocks are quite close, with WRND having a 12.55% return and QQQ slightly lower at 12.26%.

WRND

• 1D: 2.30%
• 1M: -0.30%
• 6M: 7.58%
• YTD: 12.55%
• 1Y: 28.82%
• 3Y*: 19.01%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.73%

QQQ

• 1D: 0.65%
• 1M: -3.45%
• 6M: 10.89%
• YTD: 12.26%
• 1Y: 24.81%
• 3Y*: 22.29%
• 5Y*: 14.23%
• 10Y*: 20.44%
• ALL TIME*: 10.64%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QQQ Invesco QQQ ETF	$30.32B	$28.40B	$31.45B
WRND IQ Global Equity R&D Leaders ETF	$60.47K	$31.46K	$21.89K

WRND vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WRND IQ Global Equity R&D Leaders ETF	12.55%	27.72%	13.46%	34.85%	-19.17%
QQQ Invesco QQQ ETF	12.26%	20.77%	25.58%	54.86%	-24.47%

Correlation

The correlation between WRND and QQQ is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (All Time) Calculated using the full available price history since Feb 8, 2022	0.89

The correlation between WRND and QQQ has been stable across timeframes, ranging from 0.87 to 0.91 - a consistent structural relationship.

WRND vs. QQQ - Sectors Allocation Comparison

Sectors	WRND	QQQ
Technology	51.9%	60.9%
Industrials	12.8%	2.7%
Healthcare	11.9%	3.6%
Communication Services	10.8%	13.1%
Consumer Cyclical	7.0%	10.7%
Financial Services	2.9%	0.2%
Consumer Defensive	1.5%	6.3%
Basic Materials	1.3%	1.0%
Energy	-	0.5%
Real Estate	-	0.1%
Utilities	-	1.1%

Return for Risk

WRND vs. QQQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WRND

WRND Risk / Return Rank: 60
WRND Sharpe Ratio Rank: 61
WRND Sortino Ratio Rank: 58
WRND Omega Ratio Rank: 56
WRND Calmar Ratio Rank: 62
WRND Martin Ratio Rank: 66

QQQ

QQQ Risk / Return Rank: 49
QQQ Sharpe Ratio Rank: 47
QQQ Sortino Ratio Rank: 46
QQQ Omega Ratio Rank: 45
QQQ Calmar Ratio Rank: 53
QQQ Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

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.

	WRND	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.16	+0.27
Sortino ratio: Return per unit of downside risk	2.01	1.65	+0.36
Omega ratio: Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio: Return relative to maximum drawdown	2.18	1.88	+0.30
Martin ratio: Return relative to average drawdown	8.00	6.00	+2.01

WRND vs. QQQ - Sharpe Ratio Comparison

The current WRND Sharpe Ratio is 1.43, which is comparable to the QQQ Sharpe Ratio of 1.16. 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.

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	-3.82%	-7.69%	+3.87%
Average Drawdown Average peak-to-trough decline	-5.90%	-32.62%	+26.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.38%	3.74%	-0.36%

Volatility

WRND vs. QQQ - Volatility Comparison

The current volatility for IQ Global Equity R&D Leaders ETF (WRND) is 6.27%, while Invesco QQQ ETF (QQQ) has a volatility of 6.87%. This indicates that WRND experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. 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	6.27%	6.87%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	15.90%	16.08%	-0.18%
Volatility (1Y) Calculated over the trailing 1-year period	18.93%	19.38%	-0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.02%	22.90%	-3.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.02%	22.50%	-3.48%

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 0.93%, more than QQQ's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQ Invesco QQQ ETF	0.44%	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	0.93%	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 0.91, 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?

QQQ has higher volatility (6.87%) compared to WRND (6.27%). 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 22.29% vs 19.01% for WRND. Both ETFs have the same 0.18% expense ratio. On volatility, WRND has been the lower-risk option at 6.27%. 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 22.29% return vs 19.01%. 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 0.93%, compared with 0.44% 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?

WRND currently has the higher Sharpe Ratio (1.43 vs 1.16), 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.