CMDY vs QQQ
iShares Bloomberg Roll Select Commodity Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, CMDY or QQQ?
Commodities against Large Cap Growth.
QQQ has a lower expense ratio. CMDY led over 1Y, QQQ over 3Y, 5Y 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 | CMDY | QQQ |
|---|---|---|
| Expense Ratio | 0.28% | 0.18%Best |
| AUM | $666M | $486.1B |
| Dividend Yield | 10.67% | 0.44% |
| Holdings | 91 | 107 |
| YTD Return | +31.50%Best | +17.33% |
| 1Y Return | +40.73%Best | +26.50% |
| 3Y Return (annualized) | +14.92% | +24.58%Best |
| 5Y Return (annualized) | +11.11% | +14.15%Best |
| Volatility (annualized) | 13.9%Best | 20.3% |
| Max Drawdown | -31.2%Best | -35.1% |
| $10,000 over 5 years | $16,934 | $19,381Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Commodity | Equity |
| Style | Commodities | Large Cap Growth |
| Inception | Apr 3, 2018 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 5, 2018 to Sep 3, 2026 (8.4 years).
CMDY 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 8.4 years both funds cover.
CMDY vs QQQ Performance
iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CMDY returned +40.73% while QQQ returned +26.50%. Year to date, CMDY is up 31.50% versus a gain of 17.33% for QQQ.
Over three years, CMDY compounded at +14.92% per year against +24.58% for QQQ; over five years the annualized figures are +11.11% and +14.15% respectively. Across the full 8-year window we track, QQQ has the edge at +19.93% annualized vs +8.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 13.9% for CMDY. 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 -31.2% for CMDY and -35.1% 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 0.20. They move largely independently of each other.
Fees and Cost Over Time
CMDY charges 0.28% per year while QQQ charges 0.18%. On a $10,000 position that is $28 vs $18 annually, a gap of $10 per year that compounds over a long holding period. On income, CMDY currently yields 10.67% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in CMDY and 102 in QQQ, totalling 5.8% 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 1 positions we hold weights for in CMDY and 102 in QQQ, against full books of 91 and 107.
You are not choosing between two funds in isolation.
Whichever of CMDY 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, CMDY or QQQ?
CMDY has an expense ratio of 0.28% while QQQ charges 0.18%. QQQ is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, CMDY or QQQ?
Over the past year CMDY returned +40.73% vs +26.50% for QQQ, so CMDY leads on 1-year performance. Over the longest common window we track (8 years), CMDY annualized +8.53% vs +19.93% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CMDY or QQQ?
QQQ has been the more volatile fund at 20.3% annualized versus 13.9% for CMDY. Worst drawdown: CMDY -31.2% vs QQQ -35.1%.
Should I hold both CMDY and QQQ?
CMDY and QQQ have a monthly-return correlation of 0.20, 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, CMDY or QQQ?
CMDY yields 10.67% while QQQ yields 0.44%, so CMDY currently pays the higher dividend yield.
Is QQQ better than CMDY?
QQQ has a lower expense ratio. CMDY led over 1Y, QQQ over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.