CPLB vs QQQ
NYLIM MacKay Core Plus Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, CPLB or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 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 | CPLB | QQQ |
|---|---|---|
| Expense Ratio | 0.30% | 0.18%Best |
| AUM | $399M | $483.5B |
| Dividend Yield | 5.98% | 0.44% |
| Holdings | 966 | 107 |
| YTD Return | -0.22% | +15.21%Best |
| 1Y Return | +0.16% | +19.78%Best |
| 3Y Return (annualized) | +5.53% | +24.58%Best |
| 5Y Return (annualized) | +0.19% | +13.93%Best |
| Volatility (annualized) | 6.5%Best | 20.7% |
| Max Drawdown | -19.0%Best | -35.1% |
| $10,000 over 5 years | $10,095 | $19,195Best |
| Fund Family | New York Life Investments | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Growth |
| Inception | Jun 29, 2021 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2021 to Sep 16, 2026 (5.2 years).
CPLB 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 5.2 years both funds cover.
CPLB vs QQQ Performance
NYLIM MacKay Core Plus Bond ETF (CPLB) is an ETF from New York Life Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CPLB returned +0.16% while QQQ returned +19.78%. Year to date, CPLB is down 0.22% versus a gain of 15.21% for QQQ.
Over three years, CPLB compounded at +5.53% per year against +24.58% for QQQ; over five years the annualized figures are +0.19% and +13.93% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 6.5% for CPLB. 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 -19.0% for CPLB 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CPLB charges 0.30% per year while QQQ charges 0.18%. On a $10,000 position that is $30 vs $18 annually, a gap of $12 per year that compounds over a long holding period. On income, CPLB currently yields 5.98% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 438 holdings in CPLB and 102 in QQQ, totalling 36.9% 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 438 positions we hold weights for in CPLB and 102 in QQQ, against full books of 966 and 107.
You are not choosing between two funds in isolation.
Whichever of CPLB 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, CPLB or QQQ?
CPLB has an expense ratio of 0.30% while QQQ charges 0.18%. QQQ is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, CPLB or QQQ?
Over the past year CPLB returned +0.16% vs +19.78% 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, CPLB or QQQ?
QQQ has been the more volatile fund at 20.7% annualized versus 6.5% for CPLB. Worst drawdown: CPLB -19.0% vs QQQ -35.1%.
Should I hold both CPLB and QQQ?
CPLB and QQQ have a monthly-return correlation of 0.62, 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, CPLB or QQQ?
CPLB yields 5.98% while QQQ yields 0.44%, so CPLB currently pays the higher dividend yield.
Is QQQ better than CPLB?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.