CNBS vs. QQQ
Compare and contrast key facts about Amplify Seymour Cannabis ETF (CNBS) and Invesco QQQ (QQQ).
CNBS and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNBS is an actively managed fund by Amplify Investments. It was launched on Jul 23, 2019. 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: CNBS or QQQ.
Correlation
The correlation between CNBS and QQQ is 0.44, 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
CNBS vs. QQQ - Performance Comparison
Key characteristics
CNBS:
-0.94
QQQ:
0.47
CNBS:
-1.55
QQQ:
0.82
CNBS:
0.80
QQQ:
1.11
CNBS:
-0.59
QQQ:
0.52
CNBS:
-1.24
QQQ:
1.79
CNBS:
45.49%
QQQ:
6.64%
CNBS:
60.08%
QQQ:
25.28%
CNBS:
-95.63%
QQQ:
-82.98%
CNBS:
-94.42%
QQQ:
-12.28%
Returns By Period
In the year-to-date period, CNBS achieves a -26.18% return, which is significantly lower than QQQ's -7.43% return.
CNBS
-26.18%
4.12%
-51.82%
-56.19%
-26.09%
N/A
QQQ
-7.43%
-1.88%
-4.30%
10.31%
17.80%
16.72%
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CNBS vs. QQQ - Expense Ratio Comparison
CNBS has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
CNBS vs. QQQ — Risk-Adjusted Performance Rank
CNBS
QQQ
CNBS vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Seymour Cannabis ETF (CNBS) 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
CNBS vs. QQQ - Dividend Comparison
CNBS's dividend yield for the trailing twelve months is around 59.01%, more than QQQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNBS Amplify Seymour Cannabis ETF | 59.01% | 43.56% | 0.00% | 0.00% | 0.00% | 0.58% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.63% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CNBS vs. QQQ - Drawdown Comparison
The maximum CNBS drawdown since its inception was -95.63%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CNBS and QQQ. For additional features, visit the drawdowns tool.
Volatility
CNBS vs. QQQ - Volatility Comparison
Amplify Seymour Cannabis ETF (CNBS) has a higher volatility of 19.40% compared to Invesco QQQ (QQQ) at 16.86%. This indicates that CNBS'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.