CZMVX vs. QQQ
Compare and contrast key facts about Multi-Manager Value Strategies Fund (CZMVX) and Invesco QQQ ETF (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.
Performance
CZMVX vs. QQQ - Performance Comparison
Loading graphics...
CZMVX vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CZMVX Multi-Manager Value Strategies Fund | 2.83% | 12.82% | 12.90% | 11.85% | -7.94% | 25.55% | 5.88% | 28.61% | -9.10% | 17.86% |
QQQ Invesco QQQ ETF | -4.76% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 25.31% |
Returns By Period
In the year-to-date period, CZMVX achieves a 2.83% return, which is significantly higher than QQQ's -4.76% return.
CZMVX
- 1D
- 1.83%
- 1M
- -4.34%
- YTD
- 2.83%
- 6M
- 5.95%
- 1Y
- 13.95%
- 3Y*
- 13.56%
- 5Y*
- 8.58%
- 10Y*
- —
QQQ
- 1D
- 1.24%
- 1M
- -3.79%
- YTD
- -4.76%
- 6M
- -2.89%
- 1Y
- 24.21%
- 3Y*
- 22.83%
- 5Y*
- 13.16%
- 10Y*
- 18.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CZMVX vs. QQQ - Expense Ratio Comparison
CZMVX has a 0.69% expense ratio, which is higher than QQQ's 0.18% expense ratio.
Return for Risk
CZMVX vs. QQQ — Risk / Return Rank
CZMVX
QQQ
CZMVX vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Multi-Manager Value Strategies Fund (CZMVX) and Invesco QQQ ETF (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.
| CZMVX | QQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 1.07 | -0.18 |
Sortino ratioReturn per unit of downside risk | 1.33 | 1.66 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.24 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.29 | 2.00 | -0.70 |
Martin ratioReturn relative to average drawdown | 5.82 | 7.32 | -1.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CZMVX | QQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.07 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.59 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.38 | +0.21 |
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.
Dividends
CZMVX vs. QQQ - Dividend Comparison
CZMVX's dividend yield for the trailing twelve months is around 15.01%, more than QQQ's 0.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CZMVX Multi-Manager Value Strategies Fund | 15.01% | 15.46% | 9.03% | 6.53% | 11.79% | 8.01% | 2.45% | 3.62% | 8.47% | 4.76% | 0.00% | 0.00% |
QQQ Invesco QQQ ETF | 0.48% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Drawdowns
CZMVX vs. QQQ - Drawdown Comparison
The maximum CZMVX drawdown since its inception was -37.43%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for CZMVX and QQQ.
Loading graphics...
Drawdown Indicators
| CZMVX | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.43% | -82.97% | +45.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -12.62% | +1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -19.85% | -35.12% | +15.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -4.52% | -7.86% | +3.34% |
Average DrawdownAverage peak-to-trough decline | -4.62% | -32.99% | +28.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 3.44% | -0.86% |
Volatility
CZMVX vs. QQQ - Volatility Comparison
The current volatility for Multi-Manager Value Strategies Fund (CZMVX) is 3.74%, while Invesco QQQ ETF (QQQ) has a volatility of 6.61%. 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.
Loading graphics...
Volatility by Period
| CZMVX | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 6.61% | -2.87% |
Volatility (6M)Calculated over the trailing 6-month period | 7.93% | 12.82% | -4.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.50% | 22.70% | -7.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.87% | 22.38% | -7.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.80% | 22.25% | -4.45% |