CBSE vs. QQQ
Compare and contrast key facts about Changebridge Capital Sustainable Equity ETF (CBSE) and Invesco QQQ (QQQ).
CBSE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CBSE is an actively managed fund by Changebridge Capital LLC. It was launched on Nov 13, 2020. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBSE or QQQ.
Correlation
The correlation between CBSE and QQQ is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CBSE vs. QQQ - Performance Comparison
Key characteristics
CBSE:
1.93
QQQ:
1.64
CBSE:
2.52
QQQ:
2.19
CBSE:
1.33
QQQ:
1.30
CBSE:
1.74
QQQ:
2.16
CBSE:
8.15
QQQ:
7.79
CBSE:
4.48%
QQQ:
3.76%
CBSE:
18.92%
QQQ:
17.85%
CBSE:
-36.30%
QQQ:
-82.98%
CBSE:
-4.73%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, CBSE achieves a 32.63% return, which is significantly higher than QQQ's 27.20% return.
CBSE
32.63%
0.43%
10.66%
34.15%
N/A
N/A
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CBSE vs. QQQ - Expense Ratio Comparison
CBSE has a 0.85% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
CBSE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Changebridge Capital Sustainable Equity ETF (CBSE) and Invesco QQQ (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CBSE vs. QQQ - Dividend Comparison
CBSE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBSE Changebridge Capital Sustainable Equity ETF | 0.00% | 1.50% | 0.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
CBSE vs. QQQ - Drawdown Comparison
The maximum CBSE drawdown since its inception was -36.30%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CBSE and QQQ. For additional features, visit the drawdowns tool.
Volatility
CBSE vs. QQQ - Volatility Comparison
Changebridge Capital Sustainable Equity ETF (CBSE) has a higher volatility of 6.89% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that CBSE's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.