IMF vs QQQ
Invesco Managed Futures Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, IMF or QQQ?
Managed Futures against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IMF | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $321M | $483.5B |
| Dividend Yield | 0.88% | 0.44% |
| Holdings | 79 | 107 |
| YTD Return | +15.76% | +15.86%Best |
| 1Y Return | +21.88% | +22.63%Best |
| 3Y Return (annualized) | - | +24.15% |
| 5Y Return (annualized) | - | +14.16% |
| Volatility (annualized) | 11.8%Best | 19.3% |
| Max Drawdown | -15.1%Best | -15.7% |
| $10,000 over 1.5 years | $10,643 | $14,932Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Alternative | Equity |
| Style | Managed Futures | Large Cap Growth |
| Inception | Mar 19, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 19, 2025 to Sep 10, 2026 (1.5 years).
IMF vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.5 years both funds cover.
IMF vs QQQ Performance
Invesco Managed Futures Strategy ETF (IMF) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year IMF returned +21.88% while QQQ returned +22.63%. Year to date, IMF is up 15.76% versus a gain of 15.86% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 11.8% for IMF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.1% for IMF and -15.7% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.06. They move largely independently of each other.
Fees and Cost Over Time
IMF charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, IMF currently yields 0.88% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in IMF and 102 in QQQ, totalling 71.9% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in IMF and 102 in QQQ, against full books of 79 and 107.
You are not choosing between two funds in isolation.
Whichever of IMF and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IMF or QQQ?
IMF has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, IMF or QQQ?
Over the past year IMF returned +21.88% vs +22.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), IMF annualized +4.24% vs +30.64% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IMF or QQQ?
QQQ has been the more volatile fund at 19.3% annualized versus 11.8% for IMF. Worst drawdown: IMF -15.1% vs QQQ -15.7%.
Should I hold both IMF and QQQ?
IMF and QQQ have a monthly-return correlation of -0.06, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IMF or QQQ?
IMF yields 0.88% while QQQ yields 0.44%, so IMF currently pays the higher dividend yield.
Is QQQ better than IMF?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.