CMGIX vs. QQQ
Compare and contrast key facts about BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) and Invesco QQQ ETF (QQQ).
CMGIX is managed by BlackRock. It was launched on Dec 27, 1996. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Performance
CMGIX vs. QQQ - Performance Comparison
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CMGIX vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMGIX BlackRock Mid-Cap Growth Equity Portfolio | -4.58% | 0.49% | 12.44% | 28.24% | -37.36% | 14.51% | 46.13% | 36.19% | 2.88% | 34.59% |
QQQ Invesco QQQ ETF | -4.76% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
Returns By Period
The year-to-date returns for both stocks are quite close, with CMGIX having a -4.58% return and QQQ slightly lower at -4.76%. Over the past 10 years, CMGIX has underperformed QQQ with an annualized return of 11.40%, while QQQ has yielded a comparatively higher 18.99% annualized return.
CMGIX
- 1D
- 4.24%
- 1M
- -8.56%
- YTD
- -4.58%
- 6M
- -9.13%
- 1Y
- 9.65%
- 3Y*
- 7.48%
- 5Y*
- -0.50%
- 10Y*
- 11.40%
QQQ
- 1D
- 1.24%
- 1M
- -3.79%
- YTD
- -4.76%
- 6M
- -2.89%
- 1Y
- 24.21%
- 3Y*
- 22.83%
- 5Y*
- 13.16%
- 10Y*
- 18.99%
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CMGIX vs. QQQ - Expense Ratio Comparison
CMGIX has a 0.80% expense ratio, which is higher than QQQ's 0.18% expense ratio.
Return for Risk
CMGIX vs. QQQ — Risk / Return Rank
CMGIX
QQQ
CMGIX vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) and Invesco QQQ ETF (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.
| CMGIX | QQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.41 | 1.07 | -0.66 |
Sortino ratioReturn per unit of downside risk | 0.77 | 1.66 | -0.89 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.24 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 0.54 | 2.00 | -1.46 |
Martin ratioReturn relative to average drawdown | 1.69 | 7.32 | -5.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CMGIX | QQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 1.07 | -0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.59 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.86 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.38 | +0.01 |
Correlation
The correlation between CMGIX and QQQ is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
CMGIX vs. QQQ - Dividend Comparison
CMGIX's dividend yield for the trailing twelve months is around 22.22%, more than QQQ's 0.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMGIX BlackRock Mid-Cap Growth Equity Portfolio | 22.22% | 21.20% | 0.00% | 0.00% | 0.00% | 4.94% | 0.00% | 0.39% | 4.72% | 3.31% | 0.00% | 2.57% |
QQQ Invesco QQQ ETF | 0.48% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Drawdowns
CMGIX vs. QQQ - Drawdown Comparison
The maximum CMGIX drawdown since its inception was -73.85%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for CMGIX and QQQ.
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Drawdown Indicators
| CMGIX | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.85% | -82.97% | +9.12% |
Max Drawdown (1Y)Largest decline over 1 year | -14.90% | -12.62% | -2.28% |
Max Drawdown (5Y)Largest decline over 5 years | -45.96% | -35.12% | -10.84% |
Max Drawdown (10Y)Largest decline over 10 years | -45.96% | -35.12% | -10.84% |
Current DrawdownCurrent decline from peak | -19.08% | -7.86% | -11.22% |
Average DrawdownAverage peak-to-trough decline | -28.76% | -32.99% | +4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.77% | 3.44% | +1.33% |
Volatility
CMGIX vs. QQQ - Volatility Comparison
BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) has a higher volatility of 9.67% compared to Invesco QQQ ETF (QQQ) at 6.61%. This indicates that CMGIX'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.
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Volatility by Period
| CMGIX | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.67% | 6.61% | +3.06% |
Volatility (6M)Calculated over the trailing 6-month period | 17.04% | 12.82% | +4.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.09% | 22.70% | +3.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.00% | 22.38% | +2.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.33% | 22.25% | +1.08% |