IWY vs QQQM: returns, Sharpe ratio and drawdown

Over the past year, QQQM returned +16.09% against +3.52% for IWY. Over five years, QQQM averaged +13.07% a year, compared with +11.50% for IWY. QQQM had the higher Sharpe ratio over the past year (0.64 vs 0.04), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -12.19% for QQQM and -16.78% for IWY.