CNQQ vs SPY
Rayliant-ChinaAMC Transformative China Tech ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CNQQ | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.09% | |
| AUM | $49M | $821.1B | |
| Dividend Yield | 0.49% | 1.01% | |
| Holdings | 105 | 505 | |
| YTD Return | -1.09% | +12.68% | |
| 1Y Return | -3.90% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -17.8% | -56.5% | |
| Fund Family | Rayliant Asset Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 25, 2025 | Jan 22, 1993 |
CNQQ vs SPY Performance
Rayliant-ChinaAMC Transformative China Tech ETF (CNQQ) is a ETF from Rayliant Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year CNQQ returned -3.90% while SPY returned +21.82%. Year to date, CNQQ is down 1.09% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -17.8% for CNQQ and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
CNQQ charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, CNQQ currently yields 0.49% against 1.01% for SPY.
Holdings Overlap
CNQQ and SPY share 0 holdings out of 603 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, CNQQ or SPY?
CNQQ has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, CNQQ or SPY?
Over the past year CNQQ returned -3.90% vs +21.82% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between CNQQ and SPY?
CNQQ and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 603 unique securities.
Which pays a higher dividend, CNQQ or SPY?
CNQQ yields 0.49% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.