CLOB vs QQQ
CLOB vs QQQ
VanEck AA-BB CLO ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | CLOB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.18% | |
| AUM | $176M | $455.8B | |
| Dividend Yield | 6.41% | 0.41% | |
| Holdings | 58 | 108 | |
| YTD Return | +2.11% | +18.20% | |
| 1Y Return | +5.17% | +27.63% | |
| 3Y Return (annualized) | - | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 2.7% | 30.6% | |
| Max Drawdown | -5.5% | -83.0% | |
| Fund Family | VanEck | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 24, 2024 | Mar 10, 1999 |
CLOB vs QQQ Performance
VanEck AA-BB CLO ETF (CLOB) is a ETF from VanEck and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CLOB returned +5.17% while QQQ returned +27.63%. Year to date, CLOB is up 2.11% versus a gain of 18.20% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 2.7% for CLOB. 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 -5.5% for CLOB 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CLOB 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, CLOB currently yields 6.41% against 0.41% for QQQ.
Holdings Overlap
CLOB and QQQ share 0 holdings out of 106 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, CLOB or QQQ?
CLOB has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, CLOB or QQQ?
Over the past year CLOB returned +5.17% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), CLOB annualized +6.44% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, CLOB or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 2.7% for CLOB. Worst drawdown: CLOB -5.5% vs QQQ -83.0%.
Should I hold both CLOB and QQQ?
CLOB and QQQ have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CLOB and QQQ?
CLOB and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 106 unique securities.
Which pays a higher dividend, CLOB or QQQ?
CLOB yields 6.41% while QQQ yields 0.41%, so CLOB currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.