CNRG vs QQQ
State Street SPDR S&P Kensho Clean Power ETF vs Invesco QQQ Trust, Series 1
Which is better, CNRG or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. CNRG is less concentrated, with 35.6% 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 | CNRG | QQQ |
|---|---|---|
| Expense Ratio | 0.45% | 0.18%Best |
| AUM | $174M | $506.1B |
| Dividend Yield | 1.52% | 0.42% |
| Holdings | 41 | 321 |
| YTD Return | -14.88% | +19.30%Best |
| 1Y Return | -17.34% | +22.47%Best |
| 3Y Return (annualized) | +8.19% | +26.18%Best |
| 5Y Return (annualized) | -3.38% | +15.42%Best |
| Volatility (annualized) | 34.7% | 20.4%Best |
| Max Drawdown | -68.5% | -35.1%Best |
| $10,000 over 5 years | $8,420 | $20,484Best |
| Top 10 Weight | 35.6%Best | 46.7% |
| Fund Family | State Street Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Oct 19, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 23, 2018 to Oct 14, 2026 (8 years).
CNRG 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 8 years both funds cover.
CNRG vs QQQ Performance
State Street SPDR S&P Kensho Clean Power ETF (CNRG) is an ETF from State Street Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CNRG returned -17.34% while QQQ returned +22.47%. Year to date, CNRG is down 14.88% versus a gain of 19.30% for QQQ.
Over three years, CNRG compounded at +8.19% per year against +26.18% for QQQ; over five years the annualized figures are -3.38% and +15.42% respectively. Across the full 8-year window we track, QQQ has the edge at +20.24% annualized vs +14.18%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNRG has been the more volatile fund, with annualized monthly volatility of 34.7% compared with 20.4% 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 -68.5% for CNRG and -35.1% 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CNRG charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, CNRG currently yields 1.52% against 0.42% for QQQ.
Holdings Overlap
6.5% of CNRG's money is in holdings QQQ also owns. 3.2% of QQQ's money is in holdings CNRG also owns.
CNRG and QQQ share little of their money.
2 positions in common, counted across the 40 positions we hold weights for in CNRG and 101 in QQQ, against full books of 41 and 321.
What only one of them owns
Our book lists 91 positions for QQQ that do not appear in our book for CNRG (93.1% of the fund), and 29 for CNRG that do not appear in QQQ (72.9%).
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.
You are not choosing between two funds in isolation.
Whichever of CNRG 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, CNRG or QQQ?
CNRG has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, CNRG or QQQ?
Over the past year CNRG returned -17.34% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), CNRG annualized +14.18% vs +20.24% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CNRG or QQQ?
CNRG has been the more volatile fund at 34.7% annualized versus 20.4% for QQQ. Worst drawdown: CNRG -68.5% vs QQQ -35.1%.
Should I hold both CNRG and QQQ?
CNRG and QQQ have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CNRG and QQQ?
6.5% of CNRG's money is in holdings QQQ also owns. 3.2% of QQQ's is in holdings CNRG also owns. They hold 2 positions in common, counted across the 40 positions we hold weights for in CNRG and 101 in QQQ.
Which pays a higher dividend, CNRG or QQQ?
CNRG yields 1.52% while QQQ yields 0.42%, so CNRG currently pays the higher dividend yield.
Is QQQ better than CNRG?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. CNRG is less concentrated, with 35.6% 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.