XUTC.DE vs. QQQM

Last updated Jun 5, 2026

XUTC.DE (Xtrackers MSCI USA Information Technology UCITS ETF 1D) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - XUTC.DE is a Technology Equities fund tracking the MSCI USA Information Technology 20/35 Custom, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, XUTC.DE returned 24.06%/yr vs 19.03%/yr for QQQM. A 0.62 correlation means they provide meaningful diversification when combined. XUTC.DE charges 0.12%/yr vs 0.15%/yr for QQQM.

Performance

XUTC.DE vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI USA Information Technology UCITS ETF 1D (XUTC.DE) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XUTC.DE is traded in EUR, while QQQM is traded in USD. To make them comparable, the QQQM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XUTC.DE achieves a 24.28% return, which is significantly higher than QQQM's 22.11% return.

XUTC.DE

• 1D: -2.26%
• 1M: 14.39%
• YTD: 24.28%
• 6M: 23.11%
• 1Y: 49.23%
• 3Y*: 30.49%
• 5Y*: 24.06%
• 10Y*: —

QQQM

• 1D: -0.68%
• 1M: 9.39%
• YTD: 22.11%
• 6M: 19.54%
• 1Y: 38.47%
• 3Y*: 25.22%
• 5Y*: 19.03%
• 10Y*: —

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

XUTC.DE vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XUTC.DE Xtrackers MSCI USA Information Technology UCITS ETF 1D	24.28%	9.83%	44.60%	52.37%	-27.42%	44.01%	0.79%
QQQM Invesco NASDAQ 100 ETF	22.11%	6.51%	33.98%	50.36%	-28.34%	36.98%	2.53%

Correlation

The correlation between XUTC.DE and QQQM is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Oct 14, 2020	0.62

The correlation between XUTC.DE and QQQM has been stable across timeframes, ranging from 0.62 to 0.66 - a consistent structural relationship.

Return for Risk

XUTC.DE vs. QQQM — Risk / Return Rank

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

XUTC.DE

XUTC.DE Risk / Return Rank: 63
XUTC.DE Sharpe Ratio Rank: 74
XUTC.DE Sortino Ratio Rank: 67
XUTC.DE Omega Ratio Rank: 64
XUTC.DE Calmar Ratio Rank: 62
XUTC.DE Martin Ratio Rank: 48

QQQM

QQQM Risk / Return Rank: 75
QQQM Sharpe Ratio Rank: 81
QQQM Sortino Ratio Rank: 76
QQQM Omega Ratio Rank: 75
QQQM Calmar Ratio Rank: 70
QQQM 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.

XUTC.DE vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Information Technology UCITS ETF 1D (XUTC.DE) 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.

	XUTC.DE	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	2.37	2.40	-0.03
Sortino ratio: Return per unit of downside risk	3.05	3.05	0.00
Omega ratio: Gain probability vs. loss probability	1.38	1.42	-0.03
Calmar ratio: Return relative to maximum drawdown	3.03	3.52	-0.48
Martin ratio: Return relative to average drawdown	7.84	11.01	-3.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XUTC.DE vs. QQQM - Sharpe Ratio Comparison

The current XUTC.DE Sharpe Ratio is 2.37, which is comparable to the QQQM Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of XUTC.DE and QQQM, 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

	XUTC.DE	QQQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.40	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.87	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.87	+0.24

Drawdowns

XUTC.DE vs. QQQM - Drawdown Comparison

The maximum XUTC.DE drawdown since its inception was -31.79%, roughly equal to the maximum QQQM drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for XUTC.DE and QQQM.

Drawdown Indicators

	XUTC.DE	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-31.79%	-30.95%	-0.84%
Max Drawdown (1Y) Largest decline over 1 year	-16.16%	-10.99%	-5.17%
Max Drawdown (3Y) Largest decline over 3 years	-30.48%	-27.16%	-3.32%
Max Drawdown (5Y) Largest decline over 5 years	-30.48%	-30.95%	+0.47%
Current Drawdown Current decline from peak	-3.00%	-0.68%	-2.32%
Average Drawdown Average peak-to-trough decline	-6.37%	-7.34%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.26%	3.50%	+2.76%

Volatility

XUTC.DE vs. QQQM - Volatility Comparison

Xtrackers MSCI USA Information Technology UCITS ETF 1D (XUTC.DE) has a higher volatility of 7.31% compared to Invesco NASDAQ 100 ETF (QQQM) at 3.77%. This indicates that XUTC.DE'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.

Volatility by Period

	XUTC.DE	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.31%	3.77%	+3.54%
Volatility (6M) Calculated over the trailing 6-month period	15.12%	11.47%	+3.65%
Volatility (1Y) Calculated over the trailing 1-year period	20.70%	16.13%	+4.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.01%	21.89%	+1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.97%	21.71%	+1.26%

XUTC.DE vs. QQQM - Expense Ratio Comparison

XUTC.DE has a 0.12% expense ratio, which is lower than QQQM's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XUTC.DE vs. QQQM - Dividend Comparison

XUTC.DE's dividend yield for the trailing twelve months is around 0.26%, less than QQQM's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QQQM Invesco NASDAQ 100 ETF	0.42%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%	0.00%	0.00%
XUTC.DE Xtrackers MSCI USA Information Technology UCITS ETF 1D	0.26%	0.34%	0.36%	0.53%	1.14%	0.51%	0.64%	0.59%	0.58%

Frequently Asked Questions

Can I hold both XUTC.DE and QQQM in my portfolio?

XUTC.DE and QQQM have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XUTC.DE or QQQM?

On fees, XUTC.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XUTC.DE or QQQM?

XUTC.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for QQQM.

What is the main difference between XUTC.DE and QQQM?

XUTC.DE is categorized as Technology Equities, while QQQM is Nasdaq-100. XUTC.DE tracks MSCI USA Information Technology 20/35 Custom, while QQQM tracks NASDAQ-100 Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.12% for XUTC.DE and 0.15% for QQQM.