CQQQ vs VYM
Invesco China Technology ETF vs Vanguard High Dividend Yield ETF
Which is better, CQQQ or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. VYM 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 | CQQQ | VYM |
|---|---|---|
| Expense Ratio | 0.65% | 0.04%Best |
| AUM | $3.0B | $81.6B |
| Dividend Yield | 2.28% | 2.22% |
| Holdings | 185 | 613 |
| YTD Return | -15.28% | +13.15%Best |
| 1Y Return | -9.94% | +17.82%Best |
| 3Y Return (annualized) | +6.70% | +17.99%Best |
| 5Y Return (annualized) | -7.95% | +12.16%Best |
| Volatility (annualized) | 28.4% | 13.1%Best |
| Max Drawdown | -74.0% | -35.7%Best |
| $10,000 over 5 years | $6,609 | $17,750Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Dec 8, 2009 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 8, 2009 to Sep 10, 2026 (16.8 years).
CQQQ vs VYM 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 16.8 years both funds cover.
CQQQ vs VYM Performance
Invesco China Technology ETF (CQQQ) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CQQQ returned -9.94% while VYM returned +17.82%. Year to date, CQQQ is down 15.28% versus a gain of 13.15% for VYM.
Over three years, CQQQ compounded at +6.70% per year against +17.99% for VYM; over five years the annualized figures are -7.95% and +12.16% respectively. Across the full 17-year window we track, VYM has the edge at +10.11% annualized vs +4.68%.
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 13.1% for VYM. 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 -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CQQQ charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, CQQQ currently yields 2.28% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 175 holdings in CQQQ and 603 in VYM, totalling 93.8% and 99.5% 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 175 positions we hold weights for in CQQQ and 603 in VYM, against full books of 185 and 613.
You are not choosing between two funds in isolation.
Whichever of CQQQ and VYM 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, CQQQ or VYM?
CQQQ has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, CQQQ or VYM?
Over the past year CQQQ returned -9.94% vs +17.82% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (17 years), CQQQ annualized +4.68% vs +10.11% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CQQQ or VYM?
CQQQ has been the more volatile fund at 28.4% annualized versus 13.1% for VYM. Worst drawdown: CQQQ -74.0% vs VYM -35.7%.
Should I hold both CQQQ and VYM?
CQQQ and VYM have a monthly-return correlation of 0.41, 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, CQQQ or VYM?
CQQQ yields 2.28% while VYM yields 2.22%, so CQQQ currently pays the higher dividend yield.
Is VYM better than CQQQ?
VYM has a lower expense ratio. VYM 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.