CLM vs. QQQI

Last updated Jun 24, 2026

CLM (Cornerstone Strategic Value Fund) and QQQI (NEOS Nasdaq-100 High Income ETF) are both funds - CLM is a Diversified Portfolio fund actively managed by Cornerstone, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. Over the past year, CLM returned 11.71% vs 24.88% for QQQI. A 0.60 correlation means they provide meaningful diversification when combined. CLM charges 2.50%/yr vs 0.68%/yr for QQQI.

Performance

CLM vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cornerstone Strategic Value Fund (CLM) and NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CLM achieves a -3.44% return, which is significantly lower than QQQI's 9.86% return.

CLM

• 1D: -1.34%
• 1M: -1.05%
• YTD: -3.44%
• 6M: -2.62%
• 1Y: 11.71%
• 3Y*: 16.02%
• 5Y*: 10.01%
• 10Y*: 11.84%

QQQI

• 1D: -2.87%
• 1M: -0.93%
• YTD: 9.86%
• 6M: 8.75%
• 1Y: 24.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CLM vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CLM Cornerstone Strategic Value Fund	-3.44%	18.61%	39.36%
QQQI NEOS Nasdaq-100 High Income ETF	9.86%	18.62%	19.44%

Correlation

The correlation between CLM and QQQI is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024	0.60

The correlation between CLM and QQQI has been stable across timeframes, ranging from 0.60 to 0.61 - a consistent structural relationship.

Return for Risk

CLM vs. QQQI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLM

CLM Risk / Return Rank: 10
CLM Sharpe Ratio Rank: 9
CLM Sortino Ratio Rank: 9
CLM Omega Ratio Rank: 11
CLM Calmar Ratio Rank: 9
CLM Martin Ratio Rank: 10

QQQI

QQQI Risk / Return Rank: 53
QQQI Sharpe Ratio Rank: 51
QQQI Sortino Ratio Rank: 47
QQQI Omega Ratio Rank: 52
QQQI Calmar Ratio Rank: 54
QQQI Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CLM vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cornerstone Strategic Value Fund (CLM) and NEOS Nasdaq-100 High Income ETF (QQQI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CLM	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	0.74	1.69	-0.96
Sortino ratio: Return per unit of downside risk	1.12	2.25	-1.13
Omega ratio: Gain probability vs. loss probability	1.15	1.32	-0.16
Calmar ratio: Return relative to maximum drawdown	0.80	2.60	-1.80
Martin ratio: Return relative to average drawdown	2.63	11.10	-8.47

CLM vs. QQQI - Sharpe Ratio Comparison

The current CLM Sharpe Ratio is 0.74, which is lower than the QQQI Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of CLM and QQQI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CLM vs. QQQI - Drawdown Comparison

The maximum CLM drawdown since its inception was -77.02%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for CLM and QQQI.

Drawdown Indicators

	CLM	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-77.02%	-20.00%	-57.02%
Max Drawdown (1Y) Largest decline over 1 year	-14.61%	-9.61%	-5.00%
Max Drawdown (3Y) Largest decline over 3 years	-25.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.98%	—	—
Current Drawdown Current decline from peak	-5.14%	-3.32%	-1.82%
Average Drawdown Average peak-to-trough decline	-24.76%	-2.20%	-22.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.46%	2.25%	+2.21%

Volatility

CLM vs. QQQI - Volatility Comparison

The current volatility for Cornerstone Strategic Value Fund (CLM) is 3.91%, while NEOS Nasdaq-100 High Income ETF (QQQI) has a volatility of 7.63%. This indicates that CLM experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLM	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.91%	7.63%	-3.72%
Volatility (6M) Calculated over the trailing 6-month period	14.18%	11.99%	+2.19%
Volatility (1Y) Calculated over the trailing 1-year period	16.07%	14.79%	+1.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.09%	17.53%	+6.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.97%	17.53%	+7.44%

CLM vs. QQQI - Expense Ratio Comparison

CLM has a 2.50% expense ratio, which is higher than QQQI's 0.68% expense ratio.

Dividends

CLM vs. QQQI - Dividend Comparison

CLM's dividend yield for the trailing twelve months is around 19.91%, more than QQQI's 14.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLM Cornerstone Strategic Value Fund	19.91%	17.48%	15.17%	20.50%	29.44%	13.45%	18.96%	21.98%	25.38%	18.04%	22.44%	28.20%
QQQI NEOS Nasdaq-100 High Income ETF	14.97%	13.82%	12.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CLM and QQQI in my portfolio?

CLM and QQQI have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CLM or QQQI?

QQQI has higher volatility (7.63%) compared to CLM (3.91%). In terms of maximum drawdown, CLM dropped -77.02% vs QQQI's -20.00%.

Which has better risk-adjusted returns?

QQQI currently has the higher Sharpe Ratio (1.69 vs 0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.