CPER vs QQQ
United States Copper Index Fund vs Invesco QQQ Trust, Series 1
Which is better, CPER or QQQ?
Precious Metals against Large Cap Growth.
QQQ has a lower expense ratio. CPER 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 | CPER | QQQ |
|---|---|---|
| Expense Ratio | 0.88% | 0.18%Best |
| AUM | $747M | $486.1B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 22 | 107 |
| YTD Return | +14.21% | +17.54%Best |
| 1Y Return | +42.27%Best | +25.59% |
| 3Y Return (annualized) | +19.16% | +24.63%Best |
| 5Y Return (annualized) | +8.89% | +14.18%Best |
| Volatility (annualized) | 19.6% | 17.4%Best |
| Max Drawdown | -54.0% | -35.1%Best |
| $10,000 over 5 years | $15,309 | $19,407Best |
| Fund Family | USCF Investments | Invesco (US) |
| Category | Commodity | Equity |
| Style | Precious Metals | Large Cap Growth |
| Inception | Nov 14, 2011 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 15, 2011 to Sep 4, 2026 (14.8 years).
CPER 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
CPER vs QQQ Performance
United States Copper Index Fund (CPER) is an ETF from USCF Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CPER returned +42.27% while QQQ returned +25.59%. Year to date, CPER is up 14.21% versus a gain of 17.54% for QQQ.
Over three years, CPER compounded at +19.16% per year against +24.63% for QQQ; over five years the annualized figures are +8.89% and +14.18% respectively. Across the full 15-year window we track, QQQ has the edge at +18.78% annualized vs +3.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CPER has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 17.4% 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 -54.0% for CPER 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 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CPER charges 0.88% per year while QQQ charges 0.18%. On a $10,000 position that is $88 vs $18 annually, a gap of $70 per year that compounds over a long holding period. On income, CPER currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in CPER and 102 in QQQ, totalling 24.9% 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 CPER and 102 in QQQ, against full books of 22 and 107.
You are not choosing between two funds in isolation.
Whichever of CPER 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, CPER or QQQ?
CPER has an expense ratio of 0.88% while QQQ charges 0.18%. QQQ is the cheaper option, by $70 a year on a $10,000 investment.
Which performed better, CPER or QQQ?
Over the past year CPER returned +42.27% vs +25.59% for QQQ, so CPER leads on 1-year performance. Over the longest common window we track (15 years), CPER annualized +3.17% vs +18.78% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPER or QQQ?
CPER has been the more volatile fund at 19.6% annualized versus 17.4% for QQQ. Worst drawdown: CPER -54.0% vs QQQ -35.1%.
Should I hold both CPER and QQQ?
CPER and QQQ have a monthly-return correlation of 0.35, 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, CPER or QQQ?
CPER yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than CPER?
QQQ has a lower expense ratio. CPER 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.