vs
QQQ vs QQQM: Performance & Backtest Comparison
QQQM delivered the higher return - 20.14% CAGR vs 20.12% - over 2020-11-30 → 2026-06-30.
Growth comparison
Drawdown
Annual returns
| QQQ | QQQM | |
|---|---|---|
| Name | Invesco QQQ Trust, Series 1 | Invesco NASDAQ 100 ETF |
| CAGR | 20.12% | 20.14% |
| Total return | 182.55% | 182.87% |
| Volatility | 20.22% | 20.20% |
| Max drawdown | -32.58%Dec 2022 | -32.52%Dec 2022 |
| Sharpe | 0.86 | 0.86 |
| Sortino | 1.37 | 1.39 |
| Best year | 54.86% | 55.01% |
| Worst year | -32.58% | -32.52% |
| Final balance | $28,255 | $28,287 |
Correlation of monthly returns: 1.00. Wondering if you need both? Check their fund overlap →
All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.
Frequently asked questions
Which has performed better, QQQ or QQQM?
Over 2020-11-30 to 2026-06-30, QQQM performed better: 20.14% annualized versus 20.12% for QQQ, with dividends reinvested. Past performance does not guarantee future results.
How similar are QQQ and QQQM?
Their monthly returns have a correlation of 1.00 over the common period. QQQ is Invesco QQQ Trust, Series 1; QQQM is Invesco NASDAQ 100 ETF.
Which is riskier, QQQ or QQQM?
Over the common period QQQ had 20.22% annualized volatility and a -32.58% max drawdown, versus 20.20% and -32.52% for QQQM.