CGUI vs QQQ
CGUI vs QQQ
Capital Group Ultra Short Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ delivered stronger 1-year returns. CGUI offers more diversification with 170 holdings.
Side-by-Side Comparison
| Metric | CGUI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.18% | |
| AUM | $318M | $455.8B | |
| Dividend Yield | 3.83% | 0.41% | |
| Holdings | 330 | 108 | |
| YTD Return | +2.08% | +17.27% | |
| 1Y Return | +3.87% | +28.64% | |
| 3Y Return (annualized) | - | +24.88% | |
| 5Y Return (annualized) | - | +14.86% | |
| Volatility (annualized) | 0.5% | 30.6% | |
| Max Drawdown | -0.2% | -83.0% | |
| Fund Family | Capital Group (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 25, 2024 | Mar 10, 1999 |
CGUI vs QQQ Performance
Capital Group Ultra Short Income ETF (CGUI) is a ETF from Capital Group (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CGUI returned +3.87% while QQQ returned +28.64%. Year to date, CGUI is up 2.08% versus a gain of 17.27% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 0.5% for CGUI. 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 -0.2% for CGUI 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 0.07. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CGUI charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, CGUI currently yields 3.83% against 0.41% for QQQ.
Holdings Overlap
CGUI and QQQ share 0 holdings out of 273 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CGUI or QQQ?
CGUI has an expense ratio of 0.18% while QQQ charges 0.18%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, CGUI or QQQ?
Over the past year CGUI returned +3.87% vs +28.64% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), CGUI annualized +4.83% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, CGUI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 0.5% for CGUI. Worst drawdown: CGUI -0.2% vs QQQ -83.0%.
Should I hold both CGUI and QQQ?
CGUI and QQQ have a monthly-return correlation of 0.07, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CGUI and QQQ?
CGUI and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 273 unique securities.
Which pays a higher dividend, CGUI or QQQ?
CGUI yields 3.83% while QQQ yields 0.41%, so CGUI currently pays the higher dividend yield.
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