CAML vs QQQ
Congress Large Cap Growth ETF vs Invesco QQQ Trust, Series 1
Which is better, CAML or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. CAML is less concentrated, with 45.7% of the fund in its ten largest positions against 46.7%.
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 | CAML | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $394M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 39 | 321 |
| YTD Return | +6.09% | +19.30%Best |
| 1Y Return | +5.81% | +22.47%Best |
| 3Y Return (annualized) | +16.98% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 14.6%Best | 17.4% |
| Max Drawdown | -21.1%Best | -22.8% |
| $10,000 over 3.1 years | $16,123 | $20,221Best |
| Top 10 Weight | 45.7%Best | 46.7% |
| Fund Family | Congress Asset Management Company | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 22, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 22, 2023 to Oct 14, 2026 (3.1 years).
CAML 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 3.1 years both funds cover.
CAML vs QQQ Performance
Congress Large Cap Growth ETF (CAML) is an ETF from Congress Asset Management Company and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CAML returned +5.81% while QQQ returned +22.47%. Year to date, CAML is up 6.09% versus a gain of 19.30% for QQQ.
Over three years, CAML compounded at +16.98% per year against +26.18% 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 17.4% compared with 14.6% for CAML. 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 -21.1% for CAML 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CAML charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, CAML currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
54.1% of CAML's money is in holdings QQQ also owns. 48.3% of QQQ's money is in holdings CAML also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 38 positions we hold weights for in CAML and 101 in QQQ, against full books of 39 and 321.
What only one of them owns
Our book lists 78 positions for QQQ that do not appear in our book for CAML (49.4% of the fund), and 19 for CAML that do not appear in QQQ (42.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CAML | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.33% | 0.11% |
| AAPLApple, Inc | 6.20% | 7.35% | 1.15% |
| MSFTMicrosoft Corp | 6.03% | 5.76% | 0.27% |
| GOOGLAlphabet Inc | 5.48% | 3.05% | 2.43% |
| MUMicron Technology, Inc. | 2.41% | 5.02% | 2.61% |
| AMZNAmazon.Com Inc | 2.82% | 4.07% | 1.25% |
| AVGOBroadcom Inc | 4.22% | 2.53% | 1.69% |
| METAMeta Platforms Inc | 3.10% | 3.26% | 0.16% |
| TSLATesla Inc | 1.32% | 2.82% | 1.50% |
| PLTRPalantir Technologies Inc | 1.73% | 1.80% | 0.07% |
54.1% of CAML is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CAML or QQQ?
CAML has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, CAML or QQQ?
Over the past year CAML returned +5.81% vs +22.47% 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, CAML or QQQ?
QQQ has been the more volatile fund at 17.4% annualized versus 14.6% for CAML. Worst drawdown: CAML -21.1% vs QQQ -22.8%.
Should I hold both CAML and QQQ?
CAML and QQQ have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between CAML and QQQ?
54.1% of CAML's money is in holdings QQQ also owns. 48.3% of QQQ's is in holdings CAML also owns. They hold 17 positions in common, counted across the 38 positions we hold weights for in CAML and 101 in QQQ.
Which pays a higher dividend, CAML or QQQ?
CAML yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than CAML?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. CAML is less concentrated, with 45.7% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.