QQMG vs OPP

Comparison between Invesco ESG NASDAQ 100 ETF (QQMG, ETF) and RiverNorth/DoubleLine Strategic opportunity fund Inc (OPP, ETF).

5-Year PerformanceQQMG has outperformed OPP, delivering a return of +16.9% compared to -0.0%

QQMG vs OPP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QQMG(ETF)	OPP(ETF)
Net Assets	$211M	$210M
Expense Ratio	0.20%	N/A
Max Drawdown	35.79%	63.59%
Sharpe Ratio	1.83	0.11
5Y Beta	1.27	0.26
P/E Ratio	38.72	N/A
Forward P/E	25.90	N/A
PEG Ratio	0.33	N/A
5Y Dividends CAGR	N/A	-12.58%
5Y EPS CAGR	32.38%	N/A
Debt to Equity	34.56%	N/A

Net Assets

Winner

QQMG

$211M

OPP

$210M

Expense Ratio

QQMG

0.20%

OPP

N/A

Max Drawdown

Winner

QQMG

35.79%

OPP

63.59%

Sharpe Ratio

Winner

QQMG

1.83

OPP

0.11

5Y Beta

QQMG

1.27

Winner

OPP

0.26

P/E Ratio

QQMG

38.72

OPP

N/A

Forward P/E

QQMG

25.90

OPP

N/A

PEG Ratio

QQMG

0.33

OPP

N/A

5Y Dividends CAGR

QQMG

N/A

OPP

-12.58%

5Y EPS CAGR

QQMG

32.38%

OPP

N/A

Debt to Equity

QQMG

34.56%

OPP

N/A

QQMG vs OPP - Historical Returns

Returns include dividend reinvestment.

Period	QQMG	OPP
1 month	+2.93%	-0.52%
3 months	+26.92%	+3.33%
6 months	+19.99%	+2.74%
1 year	+41.59%	+2.71%
5 years(CAGR)	+16.91%	-0.02%
10 years(CAGR)	N/A	+2.99%
Max(CAGR)	+16.91%	+2.99%

Winner

QQMG

+2.93%

OPP

-0.52%

Winner

QQMG

+26.92%

OPP

+3.33%

Winner

QQMG

+19.99%

OPP

+2.74%

Winner

QQMG

+41.59%

OPP

+2.71%

5Y(CAGR)

Winner

QQMG

+16.91%

OPP

-0.02%

10Y(CAGR)

QQMG

N/A

OPP

+2.99%

Max(CAGR)

Winner

QQMG

+16.91%

OPP

+2.99%

QQMG vs OPP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	QQMG	OPP
2026	+21.17%	+1.32%
2025	+22.61%	+7.88%
2024	+27.95%	+16.08%
2023	+56.26%	+9.06%
2022	-32.08%	-28.83%
2021	+5.01%	+11.95%
2020	N/A	+1.34%
2019	N/A	+15.05%
2018	N/A	-2.14%
2017	N/A	+7.77%
2016	N/A	-6.64%

QQMG vs OPP Drawdown Comparison

The maximum drawdown for QQMG was -35.44%, occurring on Oct 14, 2022. Recovery took 491 trading sessions.

The maximum drawdown for OPP was -37.33%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The current QQMG drawdown is -1.20%. The current OPP drawdown is -5.78%.

Rank	QQMG	OPP
#1	-35.44% Dec 27, 2021 - Dec 8, 2023	-37.33% Aug 9, 2021 - Oct 26, 2023
#2	-22.79% Feb 19, 2025 - Jun 24, 2025	-34.94% Feb 14, 2020 - Feb 2, 2021
#3	-14.16% Jul 10, 2024 - Nov 7, 2024	-12.91% Oct 13, 2017 - Apr 2, 2019
#4	-12.67% Jan 28, 2026 - Apr 15, 2026	-8.96% Oct 3, 2016 - May 30, 2017
#5	-7.95% Mar 22, 2024 - May 15, 2024	-6.96% Oct 14, 2019 - Feb 10, 2020
#6	-7.84% Oct 29, 2025 - Jan 28, 2026	-4.68% Jul 14, 2021 - Jul 22, 2021
#7	-6.99% Jun 2, 2026 - Jun 10, 2026	-3.22% Jun 30, 2017 - Sep 8, 2017
#8	-6.04% Dec 16, 2024 - Feb 18, 2025	-2.70% Aug 8, 2019 - Aug 30, 2019
#9	-5.19% Nov 19, 2021 - Dec 27, 2021	-2.37% Apr 15, 2021 - Apr 27, 2021
#10	-3.85% Dec 28, 2023 - Jan 16, 2024	-1.91% Jun 14, 2021 - Jul 6, 2021
#11	-3.68% Oct 8, 2025 - Oct 24, 2025	-1.87% Mar 15, 2021 - Mar 31, 2021
#12	-3.63% Nov 7, 2024 - Dec 3, 2024	-1.78% Sep 4, 2019 - Sep 18, 2019
#13	-3.49% Feb 9, 2024 - Mar 1, 2024	-1.75% Sep 15, 2017 - Oct 4, 2017
#14	-3.18% Aug 13, 2025 - Sep 11, 2025	-1.67% Mar 3, 2021 - Mar 10, 2021
#15	-2.98% Jun 18, 2024 - Jul 3, 2024	-1.47% Sep 19, 2019 - Oct 7, 2019

Correlation

Correlation between QQMG and OPP is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2016 - 2026)

QQMG vs OPP dividend yield comparison.

Year	QQMG	OPP
2026	0.18%	7.28%
2025	0.41%	14.34%
2024	0.50%	14.29%
2023	0.60%	14.66%
2022	0.82%	20.43%
2021	0.08%	13.40%
2020	0.00%	15.09%
2019	0.00%	13.39%
2018	0.00%	11.08%
2017	0.00%	8.22%
2016	0.00%	1.19%