CPAG vs QQQ

Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricCPAGQQQWinner
Expense Ratio0.31%0.18%
AUM$145M$455.8B
Dividend Yield0.00%0.41%
Holdings2108
YTD Return-0.33%+18.34%
1Y Return+1.84%+28.94%
3Y Return (annualized)-+25.28%
5Y Return (annualized)-+15.22%
Volatility (annualized)3.2%30.6%
Max Drawdown-2.8%-83.0%
Fund FamilyF-m investmentsInvesco (US)
CategoryFixed IncomeEquity
InceptionAug 12, 2025Mar 10, 1999

CPAG vs QQQ Performance

F/m Compoundr US Aggregate Bond ETF (CPAG) is a ETF from F-m investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CPAG returned +1.84% while QQQ returned +28.94%. Year to date, CPAG is down 0.33% versus a gain of 18.34% for QQQ.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 3.2% for CPAG. 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 -2.8% for CPAG 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CPAG charges 0.31% per year while QQQ charges 0.18%. On a $10,000 position that is $31 vs $18 annually, a gap of $13 per year that compounds over a long holding period. On income, CPAG currently yields 0.00% against 0.41% for QQQ.

Holdings Overlap

0.0%overlap

CPAG and QQQ share 0 holdings out of 104 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, CPAG or QQQ?

CPAG has an expense ratio of 0.31% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $13 per year of difference.

Which performed better, CPAG or QQQ?

Over the past year CPAG returned +1.84% vs +28.94% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results.

Which is riskier, CPAG or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 3.2% for CPAG. Worst drawdown: CPAG -2.8% vs QQQ -83.0%.

Should I hold both CPAG and QQQ?

CPAG and QQQ have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CPAG and QQQ?

CPAG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.

Which pays a higher dividend, CPAG or QQQ?

CPAG yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.

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