CQQQ vs IVV
Invesco China Technology ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | CQQQ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $3.2B | $907.0B | |
| Dividend Yield | 2.27% | 1.10% | |
| Holdings | 178 | 508 | |
| YTD Return | -9.13% | +12.71% | |
| 1Y Return | +2.21% | +21.89% | |
| 3Y Return (annualized) | +10.17% | +22.08% | |
| 5Y Return (annualized) | -5.30% | +12.96% | |
| Volatility (annualized) | 28.4% | 15.1% | |
| Max Drawdown | -74.0% | -56.5% | |
| Fund Family | Invesco (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 8, 2009 | May 15, 2000 |
CQQQ vs IVV Performance
Invesco China Technology ETF (CQQQ) is a ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CQQQ returned +2.21% while IVV returned +21.89%. Year to date, CQQQ is down 9.13% versus a gain of 12.71% for IVV.
Over three years, CQQQ compounded at +10.17% per year against +22.08% for IVV; over five years the annualized figures are -5.30% and +12.96% respectively. Across the full 17-year window we track, IVV has the edge at +7.00% annualized vs +5.13%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CQQQ has been the more volatile fund, with annualized monthly volatility of 28.4% compared with 15.1% for IVV. 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 -74.0% for CQQQ and -56.5% for IVV. 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CQQQ charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, CQQQ currently yields 2.27% against 1.10% for IVV.
Holdings Overlap
CQQQ and IVV share 0 holdings out of 680 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, CQQQ or IVV?
CQQQ has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, CQQQ or IVV?
Over the past year CQQQ returned +2.21% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (17 years), CQQQ annualized +5.13% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, CQQQ or IVV?
CQQQ has been the more volatile fund at 28.4% annualized versus 15.1% for IVV. Worst drawdown: CQQQ -74.0% vs IVV -56.5%.
Should I hold both CQQQ and IVV?
CQQQ and IVV have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CQQQ and IVV?
CQQQ and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 680 unique securities.
Which pays a higher dividend, CQQQ or IVV?
CQQQ yields 2.27% while IVV yields 1.10%, so CQQQ currently pays the higher dividend yield.
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