CNBS vs QQQ
Amplify Seymour Cannabis ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | CNBS | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.76% | 0.18% | |
| AUM | $77M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 38 | 108 | |
| YTD Return | -4.40% | +16.23% | |
| 1Y Return | -4.58% | +26.23% | |
| 3Y Return (annualized) | -15.50% | +25.75% | |
| 5Y Return (annualized) | -35.23% | +14.78% | |
| Volatility (annualized) | 64.6% | 30.6% | |
| Max Drawdown | -97.1% | -83.0% | |
| Fund Family | Amplify ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 23, 2019 | Mar 10, 1999 |
CNBS vs QQQ Performance
Amplify Seymour Cannabis ETF (CNBS) is a ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CNBS returned -4.58% while QQQ returned +26.23%. Year to date, CNBS is down 4.40% versus a gain of 16.23% for QQQ.
Over three years, CNBS compounded at -15.50% per year against +25.75% for QQQ; over five years the annualized figures are -35.23% and +14.78% respectively. Across the full 7-year window we track, QQQ has the edge at +13.02% annualized vs -28.19%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNBS has been the more volatile fund, with annualized monthly volatility of 64.6% compared with 30.6% 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 -97.1% for CNBS and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.30. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CNBS charges 0.76% per year while QQQ charges 0.18%. On a $10,000 position that is $76 vs $18 annually, a gap of $58 per year that compounds over a long holding period. On income, CNBS currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
CNBS and QQQ share 0 holdings out of 118 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CNBS or QQQ?
CNBS has an expense ratio of 0.76% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $58 per year of difference.
Which performed better, CNBS or QQQ?
Over the past year CNBS returned -4.58% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), CNBS annualized -28.19% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, CNBS or QQQ?
CNBS has been the more volatile fund at 64.6% annualized versus 30.6% for QQQ. Worst drawdown: CNBS -97.1% vs QQQ -83.0%.
Should I hold both CNBS and QQQ?
CNBS and QQQ have a monthly-return correlation of 0.30, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CNBS and QQQ?
CNBS and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 118 unique securities.
Which pays a higher dividend, CNBS or QQQ?
CNBS yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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