CZMVX vs. QQQ
Compare and contrast key facts about Multi-Manager Value Strategies Fund (CZMVX) and Invesco QQQ (QQQ).
CZMVX is managed by Blackrock. It was launched on Jan 3, 2017. 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: CZMVX or QQQ.
Correlation
The correlation between CZMVX and QQQ is 0.66, 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
CZMVX vs. QQQ - Performance Comparison
Key characteristics
CZMVX:
0.69
QQQ:
1.44
CZMVX:
0.93
QQQ:
1.95
CZMVX:
1.14
QQQ:
1.26
CZMVX:
0.63
QQQ:
1.94
CZMVX:
1.85
QQQ:
6.71
CZMVX:
4.85%
QQQ:
3.92%
CZMVX:
13.04%
QQQ:
18.27%
CZMVX:
-37.42%
QQQ:
-82.98%
CZMVX:
-8.71%
QQQ:
0.00%
Returns By Period
In the year-to-date period, CZMVX achieves a 4.36% return, which is significantly lower than QQQ's 5.27% return.
CZMVX
4.36%
2.20%
-0.92%
6.88%
3.55%
N/A
QQQ
5.27%
4.15%
13.63%
24.59%
18.87%
18.50%
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CZMVX vs. QQQ - Expense Ratio Comparison
CZMVX has a 0.69% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
CZMVX vs. QQQ — Risk-Adjusted Performance Rank
CZMVX
QQQ
CZMVX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Multi-Manager Value Strategies Fund (CZMVX) 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
CZMVX vs. QQQ - Dividend Comparison
CZMVX's dividend yield for the trailing twelve months is around 1.58%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CZMVX Multi-Manager Value Strategies Fund | 1.58% | 1.65% | 1.70% | 1.71% | 1.21% | 1.42% | 1.55% | 1.70% | 1.33% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CZMVX vs. QQQ - Drawdown Comparison
The maximum CZMVX drawdown since its inception was -37.42%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CZMVX and QQQ. For additional features, visit the drawdowns tool.
Volatility
CZMVX vs. QQQ - Volatility Comparison
The current volatility for Multi-Manager Value Strategies Fund (CZMVX) is 2.69%, while Invesco QQQ (QQQ) has a volatility of 5.01%. This indicates that CZMVX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.