CVSM vs. QQQS

Last updated Jul 8, 2026

CVSM (CresAlta Small & Mid-Cap ETF) and QQQS (Invesco NASDAQ Future Gen 200 ETF) are both Small Cap Blend Equities funds. CVSM is actively managed, while QQQS is passively managed. A 0.56 correlation means they provide meaningful diversification when combined. CVSM charges 0.55%/yr vs 0.20%/yr for QQQS.

Performance

CVSM vs. QQQS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CresAlta Small & Mid-Cap ETF (CVSM) and Invesco NASDAQ Future Gen 200 ETF (QQQS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CVSM

• 1D: -0.20%
• 1M: 1.76%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQS

• 1D: -0.87%
• 1M: 6.89%
• 6M: 24.19%
• YTD: 29.72%
• 1Y: 66.52%
• 3Y*: 18.09%
• 5Y*: —
• 10Y*: —

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

CVSM vs. QQQS - Yearly Performance Comparison

	2026 (YTD)
CVSM CresAlta Small & Mid-Cap ETF	3.84%
QQQS Invesco NASDAQ Future Gen 200 ETF	8.13%

Correlation

The correlation between CVSM and QQQS is 0.56, 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 18, 2026	0.56

Return for Risk

CVSM vs. QQQS — Risk / Return Rank

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

CVSM

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

QQQS

QQQS Risk / Return Rank: 86
QQQS Sharpe Ratio Rank: 89
QQQS Sortino Ratio Rank: 84
QQQS Omega Ratio Rank: 76
QQQS Calmar Ratio Rank: 91
QQQS Martin Ratio Rank: 88

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.

CVSM vs. QQQS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CresAlta Small & Mid-Cap ETF (CVSM) and Invesco NASDAQ Future Gen 200 ETF (QQQS). 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.

	CVSM	QQQS	Difference
Sharpe ratio: Return per unit of total volatility	—	2.45	—
Sortino ratio: Return per unit of downside risk	—	3.13	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	4.91	—
Martin ratio: Return relative to average drawdown	—	15.44	—

Drawdowns

CVSM vs. QQQS - Drawdown Comparison

The maximum CVSM drawdown since its inception was -3.36%, smaller than the maximum QQQS drawdown of -38.06%. Use the drawdown chart below to compare losses from any high point for CVSM and QQQS.

Drawdown Indicators

	CVSM	QQQS	Difference
Max Drawdown Largest peak-to-trough decline	-3.36%	-38.06%	+34.70%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.63%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.32%	—
Current Drawdown Current decline from peak	-0.80%	-0.87%	+0.07%
Average Drawdown Average peak-to-trough decline	-0.92%	-13.04%	+12.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.32%	—

Volatility

Volatility by Period

	CVSM	QQQS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.23%	27.47%	-16.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.23%	28.51%	-17.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.23%	28.51%	-17.28%

CVSM vs. QQQS - Expense Ratio Comparison

CVSM has a 0.55% expense ratio, which is higher than QQQS's 0.20% expense ratio.

Dividends

CVSM vs. QQQS - Dividend Comparison

CVSM's dividend yield for the trailing twelve months is around 0.23%, less than QQQS's 2.54% yield.

Position	TTM	2025	2024	2023	2022
CVSM CresAlta Small & Mid-Cap ETF	0.23%	0.00%	0.00%	0.00%	0.00%
QQQS Invesco NASDAQ Future Gen 200 ETF	2.54%	3.48%	0.80%	0.68%	0.04%

Frequently Asked Questions

Can I hold both CVSM and QQQS in my portfolio?

CVSM and QQQS have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CVSM or QQQS?

On fees, QQQS is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CVSM or QQQS?

QQQS is cheaper with a 0.20% expense ratio, compared with 0.55% for CVSM.

Which ETF pays a higher dividend yield, CVSM or QQQS?

QQQS has the higher dividend yield at 2.54%, compared with 0.23% for CVSM.

What is the main difference between CVSM and QQQS?

They also come from different issuers: CresAlta and Invesco. Their fees differ too: 0.55% for CVSM and 0.20% for QQQS.