CWVX vs QQQ

Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricCWVXQQQWinner
Expense Ratio1.30%0.18%
AUM$64M$455.8B
Dividend Yield0.00%0.41%
Holdings8108
YTD Return-5.53%+18.31%
1Y Return-82.96%+25.37%
3Y Return (annualized)-+25.79%
5Y Return (annualized)-+15.20%
Volatility (annualized)199.2%30.6%
Max Drawdown-94.0%-83.0%
Fund FamilyTradr ETFsInvesco (US)
CategoryAlternativeEquity
InceptionJul 10, 2025Mar 10, 1999

CWVX vs QQQ Performance

Tradr 2X Long CRWV Daily ETF (CWVX) is a ETF from Tradr ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CWVX returned -82.96% while QQQ returned +25.37%. Year to date, CWVX is down 5.53% versus a gain of 18.31% for QQQ.

Risk: Volatility and Drawdowns

CWVX has been the more volatile fund, with annualized monthly volatility of 199.2% compared with 30.6% for QQQ. 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 -94.0% for CWVX 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CWVX charges 1.30% per year while QQQ charges 0.18%. On a $10,000 position that is $130 vs $18 annually, a gap of $112 per year that compounds over a long holding period. On income, CWVX currently yields 0.00% against 0.41% for QQQ.

Holdings Overlap

0.2%overlap

CWVX and QQQ share 1 holdings out of 103 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CWVXWeight in QQQDifference
CRWV188.76%0.16%188.60%

Frequently Asked Questions

Which is cheaper, CWVX or QQQ?

CWVX has an expense ratio of 1.30% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $112 per year of difference.

Which performed better, CWVX or QQQ?

Over the past year CWVX returned -82.96% vs +25.37% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), CWVX annualized -72.64% vs +13.10% for QQQ. Past performance does not guarantee future results.

Which is riskier, CWVX or QQQ?

CWVX has been the more volatile fund at 199.2% annualized versus 30.6% for QQQ. Worst drawdown: CWVX -94.0% vs QQQ -83.0%.

Should I hold both CWVX and QQQ?

CWVX and QQQ have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CWVX and QQQ?

CWVX and QQQ share 1 common holdings with a 0.2% weight overlap. Combined, they hold 103 unique securities.

Which pays a higher dividend, CWVX or QQQ?

CWVX yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.

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