XRLV vs. QQQ

Last updated Jun 4, 2026

XRLV (Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - XRLV is a S&P 500 fund tracking the S&P 500 Low Volatility Rate Response Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. A 0.55 correlation means they provide meaningful diversification when combined. XRLV charges 0.25%/yr vs 0.18%/yr for QQQ.

Performance

XRLV vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XRLV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 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)

XRLV vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	6.34%	4.11%	14.11%	0.06%	-4.77%	27.39%	2.56%	29.80%	-3.28%	23.51%
QQQ Invesco QQQ ETF	21.30%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between XRLV and QQQ is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Apr 10, 2015	0.55

The correlation between XRLV and QQQ shifts across timeframes, from -0.03 (1 year) to 0.55 (all time), reflecting how their relationship changes across market environments.

XRLV vs. QQQ - Sectors Allocation Comparison

Sectors	XRLV	QQQ
Utilities	21.5%	1.4%
Financial Services	16.3%	0.2%
Consumer Defensive	15.3%	7.7%
Real Estate	11.6%	0.1%
Healthcare	8.4%	4.2%
Industrials	7.2%	2.8%
Consumer Cyclical	7.1%	12.3%
Technology	5.6%	53.8%
Basic Materials	3.1%	1.1%
Communication Services	2.8%	15.8%
Energy	1.1%	0.6%

Return for Risk

XRLV vs. QQQ — Risk / Return Rank

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

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.

XRLV vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XRLV	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.64	—
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	—	0.41	—

Drawdowns

Drawdown Indicators

	XRLV	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-82.97%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.96%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
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	—	-0.26%	—
Average Drawdown Average peak-to-trough decline	—	-32.79%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.11%	—

Volatility

Volatility by Period

	XRLV	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.94%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.38%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.29%	—

XRLV vs. QQQ - Expense Ratio Comparison

XRLV has a 0.25% expense ratio, which is higher than QQQ's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XRLV vs. QQQ - Dividend Comparison

XRLV's dividend yield for the trailing twelve months is around 1.53%, 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%
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	1.53%	2.15%	1.94%	2.57%	1.96%	1.26%	1.65%	1.66%	1.76%	1.39%	1.71%	1.07%

Frequently Asked Questions

Can I hold both XRLV and QQQ in my portfolio?

XRLV and QQQ have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XRLV or QQQ?

On fees, QQQ is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRLV or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.25% for XRLV.

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

XRLV has the higher dividend yield at 1.53%, compared with 0.38% for QQQ.

What is the main difference between XRLV and QQQ?

XRLV is categorized as S&P 500, while QQQ is Nasdaq-100. XRLV tracks S&P 500 Low Volatility Rate Response Index, while QQQ tracks NASDAQ-100 Index. Their fees differ too: 0.25% for XRLV and 0.18% for QQQ.