CCNR vs QQQ
ALPS/CoreCommodity Natural Resources ETF vs Invesco QQQ Trust, Series 1
Which is better, CCNR or QQQ?
Commodities against Large Cap Growth.
QQQ has a lower expense ratio. CCNR led over 1Y and the full window. CCNR is less concentrated, with 11.5% of the fund in its ten largest positions against 47.2%.
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 | CCNR | QQQ |
|---|---|---|
| Expense Ratio | 0.39% | 0.18%Best |
| AUM | $438M | $498.6B |
| Dividend Yield | 2.74% | 0.42% |
| Holdings | 309 | 321 |
| YTD Return | +15.88% | +22.67%Best |
| 1Y Return | +29.32%Best | +24.33% |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 18.0% | 17.5%Best |
| Max Drawdown | -19.1%Best | -22.8% |
| $10,000 over 2.2 years | $16,021Best | $15,335 |
| Top 10 Weight | 11.5%Best | 47.2% |
| Fund Family | ALPS Advisors | Invesco (US) |
| Category | Commodity | Equity |
| Style | Commodities | Large Cap Growth |
| Inception | Jul 10, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 11, 2024 to Oct 2, 2026 (2.2 years).
CCNR 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 2.2 years both funds cover.
CCNR vs QQQ Performance
ALPS/CoreCommodity Natural Resources ETF (CCNR) is an ETF from ALPS Advisors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CCNR returned +29.32% while QQQ returned +24.33%. Year to date, CCNR is up 15.88% versus a gain of 22.67% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CCNR has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 17.5% for QQQ. 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 -19.1% for CCNR and -22.8% 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 0.12. They move largely independently of each other.
Fees and Cost Over Time
CCNR charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, CCNR currently yields 2.74% against 0.42% for QQQ.
Holdings Overlap
0.3% of CCNR's money is in holdings QQQ also owns. 0.5% of QQQ's money is in holdings CCNR also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 305 positions we hold weights for in CCNR and 102 in QQQ, against full books of 309 and 321.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for CCNR (97.3% of the fund), and 96 for CCNR that do not appear in QQQ (31.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of CCNR 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, CCNR or QQQ?
CCNR has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, CCNR or QQQ?
Over the past year CCNR returned +29.32% vs +24.33% for QQQ, so CCNR leads on 1-year performance. Over the longest common window we track (2 years), CCNR annualized +23.89% vs +21.45% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CCNR or QQQ?
CCNR has been the more volatile fund at 18.0% annualized versus 17.5% for QQQ. Worst drawdown: CCNR -19.1% vs QQQ -22.8%.
Should I hold both CCNR and QQQ?
CCNR and QQQ have a monthly-return correlation of 0.12, 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, CCNR or QQQ?
CCNR yields 2.74% while QQQ yields 0.42%, so CCNR currently pays the higher dividend yield.
Is QQQ better than CCNR?
QQQ has a lower expense ratio. CCNR led over 1Y and the full window. CCNR is less concentrated, with 11.5% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.