CLOI vs QQQ
CLOI vs QQQ
VanEck 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 | CLOI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.18% | |
| AUM | $1.5B | $455.8B | |
| Dividend Yield | 5.33% | 0.41% | |
| Holdings | 158 | 108 | |
| YTD Return | +2.50% | +18.20% | |
| 1Y Return | +4.87% | +27.63% | |
| 3Y Return (annualized) | +6.44% | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 1.7% | 30.6% | |
| Max Drawdown | -3.3% | -83.0% | |
| Fund Family | VanEck | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 21, 2022 | Mar 10, 1999 |
CLOI vs QQQ Performance
VanEck CLO ETF (CLOI) is a ETF from VanEck and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CLOI returned +4.87% while QQQ returned +27.63%. Year to date, CLOI is up 2.50% versus a gain of 18.20% for QQQ.
Over three years, CLOI compounded at +6.44% per year against +25.54% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.11% annualized vs +6.71%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 1.7% for CLOI. 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 -3.3% for CLOI 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 0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CLOI charges 0.36% per year while QQQ charges 0.18%. On a $10,000 position that is $36 vs $18 annually, a gap of $18 per year that compounds over a long holding period. On income, CLOI currently yields 5.33% against 0.41% for QQQ.
Holdings Overlap
CLOI and QQQ share 0 holdings out of 117 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, CLOI or QQQ?
CLOI has an expense ratio of 0.36% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $18 per year of difference.
Which performed better, CLOI or QQQ?
Over the past year CLOI returned +4.87% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), CLOI annualized +6.71% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, CLOI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 1.7% for CLOI. Worst drawdown: CLOI -3.3% vs QQQ -83.0%.
Should I hold both CLOI and QQQ?
CLOI and QQQ have a monthly-return correlation of 0.22, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CLOI and QQQ?
CLOI and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 117 unique securities.
Which pays a higher dividend, CLOI or QQQ?
CLOI yields 5.33% while QQQ yields 0.41%, so CLOI currently pays the higher dividend yield.
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