CQTM vs. KNCT
CQTM (Corgi Quantum Computing ETF) and KNCT (Invesco Next Gen Connectivity ETF) are both Technology Equities funds. CQTM is actively managed, while KNCT is passively managed. A 0.54 correlation means they provide meaningful diversification when combined. CQTM charges 0.35%/yr vs 0.40%/yr for KNCT.
Performance
CQTM vs. KNCT - Performance Comparison
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Returns By Period
CQTM
- 1D
- -11.30%
- 1M
- 2.09%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KNCT
- 1D
- -8.23%
- 1M
- 6.51%
- YTD
- 45.39%
- 6M
- 43.82%
- 1Y
- 76.20%
- 3Y*
- 37.99%
- 5Y*
- 18.92%
- 10Y*
- 19.92%
CQTM vs. KNCT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CQTM Corgi Quantum Computing ETF | 2.09% |
KNCT Invesco Next Gen Connectivity ETF | 6.51% |
Correlation
The correlation between CQTM and KNCT is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 7, 2026 | 0.54 |
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Return for Risk
CQTM vs. KNCT — Risk / Return Rank
CQTM
KNCT
CQTM vs. KNCT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Corgi Quantum Computing ETF (CQTM) and Invesco Next Gen Connectivity ETF (KNCT). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| CQTM | KNCT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.31 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.81 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.55 | -0.27 |
Drawdowns
CQTM vs. KNCT - Drawdown Comparison
The maximum CQTM drawdown since its inception was -17.89%, smaller than the maximum KNCT drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for CQTM and KNCT.
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Drawdown Indicators
| CQTM | KNCT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.89% | -57.18% | +39.29% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.40% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.55% | — |
Current DrawdownCurrent decline from peak | -17.89% | -11.59% | -6.30% |
Average DrawdownAverage peak-to-trough decline | -4.92% | -10.74% | +5.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.39% | — |
Volatility
CQTM vs. KNCT - Volatility Comparison
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Volatility by Period
| CQTM | KNCT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.47% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.62% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 101.00% | 23.15% | +77.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 101.00% | 23.51% | +77.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.00% | 23.13% | +77.87% |
CQTM vs. KNCT - Expense Ratio Comparison
CQTM has a 0.35% expense ratio, which is lower than KNCT's 0.40% expense ratio.
Dividends
CQTM vs. KNCT - Dividend Comparison
CQTM has not paid dividends to shareholders, while KNCT's dividend yield for the trailing twelve months is around 0.64%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CQTM Corgi Quantum Computing ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KNCT Invesco Next Gen Connectivity ETF | 0.64% | 0.86% | 1.38% | 0.60% | 2.24% | 0.55% | 0.18% | 0.44% | 1.22% | 0.66% | 0.44% |
Frequently Asked Questions
CQTM and KNCT have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CQTM is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CQTM is cheaper with a 0.35% expense ratio, compared with 0.40% for KNCT.
KNCT has the higher dividend yield at 0.64%, compared with 0.00% for CQTM.
They also come from different issuers: Corgi Funds and Invesco. Their fees differ too: 0.35% for CQTM and 0.40% for KNCT.
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