CPTL vs QQQ
Global X Morningstar Capital Allocation Leaders ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. CPTL offers more diversification with 146 holdings.
Side-by-Side Comparison
| Metric | CPTL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.18% | |
| AUM | $121M | $496.3B | |
| Dividend Yield | 2.37% | 0.44% | |
| Holdings | 146 | 108 | |
| YTD Return | +14.32% | +19.52% | |
| 1Y Return | +20.66% | +26.68% | |
| 3Y Return (annualized) | +18.59% | +26.64% | |
| 5Y Return (annualized) | +10.05% | +15.36% | |
| Volatility (annualized) | 15.8% | 30.6% | |
| Max Drawdown | -36.2% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 11, 2016 | Mar 10, 1999 |
CPTL vs QQQ Performance
Global X Morningstar Capital Allocation Leaders ETF (CPTL) is a ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CPTL returned +20.66% while QQQ returned +26.68%. Year to date, CPTL is up 14.32% versus a gain of 19.52% for QQQ.
Over three years, CPTL compounded at +18.59% per year against +26.64% for QQQ; over five years the annualized figures are +10.05% and +15.36% respectively. Across the full 10-year window we track, CPTL has the edge at +13.16% annualized vs +13.14%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.8% for CPTL. 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 -36.2% for CPTL 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CPTL charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, CPTL currently yields 2.37% against 0.44% for QQQ.
Holdings Overlap
CPTL and QQQ share 26 holdings out of 203 unique holdings combined, representing a 12.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CPTL or QQQ?
CPTL has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, CPTL or QQQ?
Over the past year CPTL returned +20.66% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (10 years), CPTL annualized +13.16% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, CPTL or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.8% for CPTL. Worst drawdown: CPTL -36.2% vs QQQ -83.0%.
Should I hold both CPTL and QQQ?
CPTL and QQQ have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CPTL and QQQ?
CPTL and QQQ share 26 common holdings with a 12.3% weight overlap. Combined, they hold 203 unique securities.
Which pays a higher dividend, CPTL or QQQ?
CPTL yields 2.37% while QQQ yields 0.44%, so CPTL currently pays the higher dividend yield.
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