QQMG vs. CCOR

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco ESG NASDAQ 100 ETF (QQMG) and Core Alternative ETF (CCOR).

QQMG and CCOR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQMG is a passively managed fund by Invesco that tracks the performance of the Nasdaq-100 ESG Total Return Index. It was launched on Oct 27, 2021. CCOR is an actively managed fund by Core Alternative Capital. It was launched on May 24, 2017.

Performance

QQMG vs. CCOR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco ESG NASDAQ 100 ETF (QQMG) and Core Alternative ETF (CCOR). The values are adjusted to include any dividend payments, if applicable.

QQMG vs. CCOR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QQMG Invesco ESG NASDAQ 100 ETF	-5.30%	22.16%	25.66%	55.00%	-31.56%	5.01%
CCOR Core Alternative ETF	-0.43%	3.52%	-5.70%	-11.92%	2.51%	4.16%

Returns By Period

In the year-to-date period, QQMG achieves a -5.30% return, which is significantly lower than CCOR's -0.43% return.

QQMG

• 1D: 1.35%
• 1M: -3.32%
• YTD: -5.30%
• 6M: -3.34%
• 1Y: 25.67%
• 3Y*: 23.19%
• 5Y*: —
• 10Y*: —

CCOR

• 1D: -0.09%
• 1M: -4.01%
• YTD: -0.43%
• 6M: 0.52%
• 1Y: -1.24%
• 3Y*: -3.35%
• 5Y*: -0.95%
• 10Y*: —

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

QQMG vs. CCOR - Expense Ratio Comparison

QQMG has a 0.20% expense ratio, which is lower than CCOR's 1.09% expense ratio.

CCOR

Core Alternative ETF

QQMG

Invesco ESG NASDAQ 100 ETF

Return for Risk

QQMG vs. CCOR — Risk / Return Rank

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

QQMG

QQMG Risk / Return Rank: 66
QQMG Sharpe Ratio Rank: 60
QQMG Sortino Ratio Rank: 65
QQMG Omega Ratio Rank: 62
QQMG Calmar Ratio Rank: 76
QQMG Martin Ratio Rank: 68

CCOR

CCOR Risk / Return Rank: 9
CCOR Sharpe Ratio Rank: 9
CCOR Sortino Ratio Rank: 8
CCOR Omega Ratio Rank: 8
CCOR Calmar Ratio Rank: 9
CCOR Martin Ratio Rank: 9

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.

QQMG vs. CCOR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco ESG NASDAQ 100 ETF (QQMG) and Core Alternative ETF (CCOR). 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.

	QQMG	CCOR	Difference
Sharpe ratio Return per unit of total volatility	1.11	-0.12	+1.22
Sortino ratio Return per unit of downside risk	1.70	-0.10	+1.80
Omega ratio Gain probability vs. loss probability	1.24	0.99	+0.25
Calmar ratio Return relative to maximum drawdown	2.11	-0.17	+2.28
Martin ratio Return relative to average drawdown	7.27	-0.32	+7.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQMG vs. CCOR - Sharpe Ratio Comparison

The current QQMG Sharpe Ratio is 1.11, which is higher than the CCOR Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of QQMG and CCOR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QQMG	CCOR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	-0.12	+1.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.15	+0.33

Correlation

The correlation between QQMG and CCOR is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QQMG vs. CCOR - Dividend Comparison

QQMG's dividend yield for the trailing twelve months is around 0.43%, less than CCOR's 1.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
QQMG Invesco ESG NASDAQ 100 ETF	0.43%	0.41%	0.50%	0.60%	0.82%	0.08%	0.00%	0.00%	0.00%	0.00%
CCOR Core Alternative ETF	1.07%	1.07%	1.18%	1.21%	1.11%	1.02%	1.50%	0.73%	1.53%	0.89%

Drawdowns

QQMG vs. CCOR - Drawdown Comparison

The maximum QQMG drawdown since its inception was -35.43%, which is greater than CCOR's maximum drawdown of -22.99%. Use the drawdown chart below to compare losses from any high point for QQMG and CCOR.

Drawdown Indicators

	QQMG	CCOR	Difference
Max Drawdown Largest peak-to-trough decline	-35.43%	-22.99%	-12.44%
Max Drawdown (1Y) Largest decline over 1 year	-12.67%	-9.17%	-3.50%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.99%	—
Current Drawdown Current decline from peak	-8.38%	-17.30%	+8.92%
Average Drawdown Average peak-to-trough decline	-9.94%	-7.08%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.67%	4.97%	-1.30%

Volatility

QQMG vs. CCOR - Volatility Comparison

Invesco ESG NASDAQ 100 ETF (QQMG) has a higher volatility of 6.91% compared to Core Alternative ETF (CCOR) at 2.13%. This indicates that QQMG's price experiences larger fluctuations and is considered to be riskier than CCOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQMG	CCOR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	2.13%	+4.78%
Volatility (6M) Calculated over the trailing 6-month period	13.56%	5.44%	+8.12%
Volatility (1Y) Calculated over the trailing 1-year period	23.27%	10.73%	+12.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.80%	11.13%	+12.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.80%	10.81%	+12.99%