QQQN vs. CFO

Last updated Jul 19, 2026

QQQN (VictoryShares Nasdaq Next 50 ETF) and CFO (VictoryShares US 500 Enhanced Volatility Weighted ETF) are both exchange-traded funds - QQQN is a Mid Cap Growth Equities fund tracking the Nasdaq Q-50 Index, while CFO is a Large Cap Blend Equities fund tracking the Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index. Both are passively managed. QQQN charges 0.18%/yr vs 0.35%/yr for CFO.

Performance

QQQN vs. CFO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Nasdaq Next 50 ETF (QQQN) and VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQQN

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CFO

• 1D: -0.61%
• 1M: 1.95%
• 6M: 5.93%
• YTD: 9.63%
• 1Y: 13.22%
• 3Y*: 10.23%
• 5Y*: 4.42%
• 10Y*: 9.41%

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

QQQN vs. CFO - Yearly Performance Comparison

	2026 (YTD)
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%
CFO VictoryShares US 500 Enhanced Volatility Weighted ETF	5.97%

QQQN vs. CFO - Sectors Allocation Comparison

Sectors	QQQN	CFO
Technology	47.3%	16.6%
Healthcare	19.9%	9.8%
Consumer Cyclical	13.7%	9.6%
Industrials	8.7%	18.6%
Communication Services	5.5%	3.2%
Basic Materials	1.9%	3.5%
Utilities	1.6%	8.7%
Consumer Defensive	1.4%	6.6%
Energy	-	4.8%
Financial Services	-	18.1%
Real Estate	-	0.4%

Return for Risk

QQQN vs. CFO — Risk / Return Rank

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

QQQN

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

CFO

CFO Risk / Return Rank: 46
CFO Sharpe Ratio Rank: 44
CFO Sortino Ratio Rank: 46
CFO Omega Ratio Rank: 42
CFO Calmar Ratio Rank: 47
CFO Martin Ratio Rank: 52

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.

QQQN vs. CFO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Nasdaq Next 50 ETF (QQQN) and VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO). 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.

	QQQN	CFO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.24	—
Sortino ratio: Return per unit of downside risk	—	1.84	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	1.87	—
Martin ratio: Return relative to average drawdown	—	6.92	—

Drawdowns

QQQN vs. CFO - Drawdown Comparison

The maximum QQQN drawdown since its inception was 0.00%, smaller than the maximum CFO drawdown of -24.35%. Use the drawdown chart below to compare losses from any high point for QQQN and CFO.

Drawdown Indicators

	QQQN	CFO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-24.35%	+24.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.25%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.35%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.35%	—
Current Drawdown Current decline from peak	0.00%	-0.61%	+0.61%
Average Drawdown Average peak-to-trough decline	0.00%	-5.57%	+5.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.91%	—

Volatility

Volatility by Period

	QQQN	CFO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	10.76%	-10.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	13.31%	-13.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	13.16%	-13.16%

QQQN vs. CFO - Expense Ratio Comparison

QQQN has a 0.18% expense ratio, which is lower than CFO's 0.35% expense ratio.

Dividends

QQQN vs. CFO - Dividend Comparison

QQQN has not paid dividends to shareholders, while CFO's dividend yield for the trailing twelve months is around 1.23%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFO VictoryShares US 500 Enhanced Volatility Weighted ETF	1.23%	1.32%	1.44%	1.72%	3.95%	1.06%	0.90%	1.44%	1.49%	1.18%	1.35%	1.31%
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QQQN or CFO?

On fees, QQQN is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQQN or CFO?

QQQN is cheaper with a 0.18% expense ratio, compared with 0.35% for CFO.

Which ETF pays a higher dividend yield, QQQN or CFO?

CFO has the higher dividend yield at 1.23%, compared with 0.00% for QQQN.

What is the main difference between QQQN and CFO?

QQQN is categorized as Mid Cap Growth Equities, while CFO is Large Cap Blend Equities. QQQN tracks Nasdaq Q-50 Index, while CFO tracks Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index. Their fees differ too: 0.18% for QQQN and 0.35% for CFO.