CGSD vs QQQ
Capital Group Short Duration Income ETF vs Invesco QQQ Trust, Series 1
Which is better, CGSD or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y 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 | CGSD | QQQ |
|---|---|---|
| Expense Ratio | 0.25% | 0.18%Best |
| AUM | $2.5B | $483.5B |
| Dividend Yield | 4.44% | 0.44% |
| Holdings | 2,146 | 107 |
| YTD Return | +0.94% | +16.87%Best |
| 1Y Return | +2.17% | +22.98%Best |
| 3Y Return (annualized) | +5.16% | +24.98%Best |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 2.0%Best | 18.1% |
| Max Drawdown | -1.8%Best | -22.8% |
| $10,000 over 3.9 years | $12,029 | $26,972Best |
| Fund Family | Capital Group (US) | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Growth |
| Inception | Oct 25, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 27, 2022 to Sep 11, 2026 (3.9 years).
CGSD 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 3.9 years both funds cover.
CGSD vs QQQ Performance
Capital Group Short Duration Income ETF (CGSD) is an ETF from Capital Group (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CGSD returned +2.17% while QQQ returned +22.98%. Year to date, CGSD is up 0.94% versus a gain of 16.87% for QQQ.
Over three years, CGSD compounded at +5.16% per year against +24.98% for QQQ. Across the full 4-year window we track, QQQ has the edge at +28.97% annualized vs +4.85%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 2.0% for CGSD. 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 -1.8% for CGSD 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 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGSD charges 0.25% per year while QQQ charges 0.18%. On a $10,000 position that is $25 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, CGSD currently yields 4.44% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 488 holdings in CGSD and 102 in QQQ, totalling 54.7% 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 488 positions we hold weights for in CGSD and 102 in QQQ, against full books of 2,146 and 107.
You are not choosing between two funds in isolation.
Whichever of CGSD 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, CGSD or QQQ?
CGSD has an expense ratio of 0.25% while QQQ charges 0.18%. QQQ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, CGSD or QQQ?
Over the past year CGSD returned +2.17% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), CGSD annualized +4.85% vs +28.97% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGSD or QQQ?
QQQ has been the more volatile fund at 18.1% annualized versus 2.0% for CGSD. Worst drawdown: CGSD -1.8% vs QQQ -22.8%.
Should I hold both CGSD and QQQ?
CGSD and QQQ have a monthly-return correlation of 0.30, 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, CGSD or QQQ?
CGSD yields 4.44% while QQQ yields 0.44%, so CGSD currently pays the higher dividend yield.
Is QQQ better than CGSD?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.