CNQQ vs. MINT

Last updated Jun 25, 2026

CNQQ (Rayliant-ChinaAMC Transformative China Tech ETF) and MINT (PIMCO Enhanced Short Maturity Active ETF) are both exchange-traded funds - CNQQ is a China Equities fund tracking the Solactive ChinaAMC Transformative China Tech, while MINT is a Ultrashort Bond fund actively managed by PIMCO. CNQQ is passively managed, while MINT is actively managed. At a correlation of -0.06, they often move in opposite directions. CNQQ charges 0.75%/yr vs 0.36%/yr for MINT.

Performance

CNQQ vs. MINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rayliant-ChinaAMC Transformative China Tech ETF (CNQQ) and PIMCO Enhanced Short Maturity Active ETF (MINT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CNQQ achieves a 10.65% return, which is significantly higher than MINT's 2.06% return.

CNQQ

• 1D: 0.56%
• 1M: 1.67%
• YTD: 10.65%
• 6M: 9.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MINT

• 1D: 0.01%
• 1M: 0.35%
• YTD: 2.06%
• 6M: 2.13%
• 1Y: 4.67%
• 3Y*: 5.36%
• 5Y*: 3.53%
• 10Y*: 2.72%

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

CNQQ vs. MINT - Yearly Performance Comparison

	2026 (YTD)	2025
CNQQ Rayliant-ChinaAMC Transformative China Tech ETF	10.65%	-5.22%
MINT PIMCO Enhanced Short Maturity Active ETF	2.06%	1.23%

Correlation

The correlation between CNQQ and MINT is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	-0.06

Return for Risk

CNQQ vs. MINT — Risk / Return Rank

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

CNQQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MINT

MINT Risk / Return Rank: 100
MINT Sharpe Ratio Rank: 100
MINT Sortino Ratio Rank: 100
MINT Omega Ratio Rank: 100
MINT Calmar Ratio Rank: 100
MINT Martin Ratio Rank: 100

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.

CNQQ vs. MINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rayliant-ChinaAMC Transformative China Tech ETF (CNQQ) and PIMCO Enhanced Short Maturity Active ETF (MINT). 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.

	CNQQ	MINT	Difference
Sharpe ratio: Return per unit of total volatility	—	16.89	—
Sortino ratio: Return per unit of downside risk	—	60.80	—
Omega ratio: Gain probability vs. loss probability	—	19.00	—
Calmar ratio: Return relative to maximum drawdown	—	94.29	—
Martin ratio: Return relative to average drawdown	—	861.29	—

Drawdowns

CNQQ vs. MINT - Drawdown Comparison

The maximum CNQQ drawdown since its inception was -17.82%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for CNQQ and MINT.

Drawdown Indicators

	CNQQ	MINT	Difference
Max Drawdown Largest peak-to-trough decline	-17.82%	-4.62%	-13.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.05%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-4.62%	—
Current Drawdown Current decline from peak	-2.93%	-0.01%	-2.92%
Average Drawdown Average peak-to-trough decline	-8.78%	-0.17%	-8.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	CNQQ	MINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.27%	0.28%	+24.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.27%	0.58%	+24.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.27%	0.95%	+24.32%

CNQQ vs. MINT - Expense Ratio Comparison

CNQQ has a 0.75% expense ratio, which is higher than MINT's 0.36% expense ratio.

Dividends

CNQQ vs. MINT - Dividend Comparison

CNQQ's dividend yield for the trailing twelve months is around 0.23%, less than MINT's 4.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNQQ Rayliant-ChinaAMC Transformative China Tech ETF	0.23%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MINT PIMCO Enhanced Short Maturity Active ETF	4.27%	4.63%	5.22%	4.91%	1.90%	0.44%	1.15%	2.65%	2.32%	1.61%	1.35%	0.88%

Frequently Asked Questions

Can I hold both CNQQ and MINT in my portfolio?

CNQQ and MINT have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CNQQ or MINT?

On fees, MINT is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CNQQ or MINT?

MINT is cheaper with a 0.36% expense ratio, compared with 0.75% for CNQQ.

Which ETF pays a higher dividend yield, CNQQ or MINT?

MINT has the higher dividend yield at 4.27%, compared with 0.23% for CNQQ.

What is the main difference between CNQQ and MINT?

CNQQ is categorized as China Equities, while MINT is Ultrashort Bond. They also come from different issuers: Rayliant and PIMCO. Their fees differ too: 0.75% for CNQQ and 0.36% for MINT.