CLOD vs QQQ
Themes Cloud Computing ETF vs Invesco QQQ Trust, Series 1
Which is better, CLOD or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. CLOD is less concentrated, with 46.2% of the fund in its ten largest positions against 46.5%.
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 | CLOD | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $2M | $483.5B |
| Dividend Yield | 1.32% | 0.44% |
| Holdings | 57 | 107 |
| YTD Return | +11.93% | +21.18%Best |
| 1Y Return | +0.10% | +24.36%Best |
| 3Y Return (annualized) | - | +27.99% |
| 5Y Return (annualized) | - | +15.39% |
| Volatility (annualized) | 24.2% | 16.9%Best |
| Max Drawdown | -31.4% | -22.8%Best |
| $10,000 over 2.8 years | $14,354 | $18,687Best |
| Top 10 Weight | 46.2%Best | 46.5% |
| Fund Family | Themes ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 15, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 15, 2023 to Sep 23, 2026 (2.8 years).
CLOD 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 2.8 years both funds cover.
CLOD vs QQQ Performance
Themes Cloud Computing ETF (CLOD) is an ETF from Themes ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CLOD returned +0.10% while QQQ returned +24.36%. Year to date, CLOD is up 11.93% versus a gain of 21.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CLOD has been the more volatile fund, with annualized monthly volatility of 24.2% compared with 16.9% 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 -31.4% for CLOD 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CLOD charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, CLOD currently yields 1.32% against 0.44% for QQQ.
Holdings Overlap
57.0% of CLOD's money is in holdings QQQ also owns. 20.6% of QQQ's money is in holdings CLOD also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 51 positions we hold weights for in CLOD and 102 in QQQ, against full books of 57 and 107.
What only one of them owns
Our book lists 77 positions for QQQ that do not appear in our book for CLOD (76.9% of the fund), and 28 for CLOD that do not appear in QQQ (36.1%).
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.
Top Shared Holdings
| Stock | Weight in CLOD | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.20% | 5.76% | 0.56% |
| AMZNAmazon.Com Inc | 4.46% | 4.67% | 0.21% |
| GOOGLAlphabet Inc,class A | 3.94% | 3.36% | 0.58% |
| PANWPalo Alto Networks, Inc | 4.88% | 1.30% | 3.58% |
| CRWDCrowdstrike Holdings Inc | 4.65% | 0.94% | 3.71% |
| ADBEAdobe Systems | 3.68% | 0.46% | 3.22% |
| FTNTFortinet Inc | 3.47% | 0.53% | 2.94% |
| CDNSCadence Design Systems Inc. | 3.25% | 0.41% | 2.84% |
| INTUIntuit, Inc. | 3.22% | 0.39% | 2.83% |
| MELIMercadolibre Inc | 3.07% | 0.43% | 2.64% |
57.0% of CLOD is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CLOD or QQQ?
CLOD has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, CLOD or QQQ?
Over the past year CLOD returned +0.10% vs +24.36% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CLOD or QQQ?
CLOD has been the more volatile fund at 24.2% annualized versus 16.9% for QQQ. Worst drawdown: CLOD -31.4% vs QQQ -22.8%.
Should I hold both CLOD and QQQ?
CLOD and QQQ have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CLOD and QQQ?
57.0% of CLOD's money is in holdings QQQ also owns. 20.6% of QQQ's is in holdings CLOD also owns. They hold 19 positions in common, counted across the 51 positions we hold weights for in CLOD and 102 in QQQ.
Which pays a higher dividend, CLOD or QQQ?
CLOD yields 1.32% while QQQ yields 0.44%, so CLOD currently pays the higher dividend yield.
Is QQQ better than CLOD?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. CLOD is less concentrated, with 46.2% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.