CRDT vs QQQ
Simplify Opportunistic Income ETF vs Invesco QQQ Trust, Series 1
Which is better, CRDT or QQQ?
Investment Grade Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y 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 | CRDT | QQQ |
|---|---|---|
| Expense Ratio | 0.99% | 0.18%Best |
| AUM | $28M | $498.6B |
| Dividend Yield | 5.85% | 0.42% |
| Holdings | 93 | 321 |
| YTD Return | -7.21% | +21.44%Best |
| 1Y Return | -7.32% | +23.58%Best |
| 3Y Return (annualized) | +0.17% | +27.86%Best |
| 5Y Return (annualized) | - | +16.25% |
| Volatility (annualized) | 7.5%Best | 17.0% |
| Max Drawdown | -12.5%Best | -22.8% |
| $10,000 over 3.3 years | $10,213 | $20,944Best |
| Fund Family | Simplify Exchange Traded Funds | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Growth |
| Inception | Jun 26, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 27, 2023 to Oct 1, 2026 (3.3 years).
CRDT 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 3.3 years both funds cover.
CRDT vs QQQ Performance
Simplify Opportunistic Income ETF (CRDT) is an ETF from Simplify Exchange Traded Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CRDT returned -7.32% while QQQ returned +23.58%. Year to date, CRDT is down 7.21% versus a gain of 21.44% for QQQ.
Over three years, CRDT compounded at +0.17% per year against +27.86% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 7.5% for CRDT. 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 -12.5% for CRDT and -22.8% 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 0.18. They move largely independently of each other.
Fees and Cost Over Time
CRDT charges 0.99% per year while QQQ charges 0.18%. On a $10,000 position that is $99 vs $18 annually, a gap of $81 per year that compounds over a long holding period. On income, CRDT currently yields 5.85% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 21 holdings in CRDT and 102 in QQQ, totalling 52.8% 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 21 positions we hold weights for in CRDT and 102 in QQQ, against full books of 93 and 321.
You are not choosing between two funds in isolation.
Whichever of CRDT 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, CRDT or QQQ?
CRDT has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option, by $81 a year on a $10,000 investment.
Which performed better, CRDT or QQQ?
Over the past year CRDT returned -7.32% vs +23.58% 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, CRDT or QQQ?
QQQ has been the more volatile fund at 17.0% annualized versus 7.5% for CRDT. Worst drawdown: CRDT -12.5% vs QQQ -22.8%.
Should I hold both CRDT and QQQ?
CRDT and QQQ have a monthly-return correlation of 0.18, 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, CRDT or QQQ?
CRDT yields 5.85% while QQQ yields 0.42%, so CRDT currently pays the higher dividend yield.
Is QQQ better than CRDT?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.