QQQS vs. CVSM

Last updated Jul 14, 2026

QQQS (Invesco NASDAQ Future Gen 200 ETF) and CVSM (CresAlta Small & Mid-Cap ETF) are both Small Cap Blend Equities funds. QQQS is passively managed, while CVSM is actively managed. A 0.51 correlation means they provide meaningful diversification when combined. QQQS charges 0.20%/yr vs 0.55%/yr for CVSM.

Performance

QQQS vs. CVSM - Performance Comparison

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

Returns By Period

QQQS

• 1D: -0.99%
• 1M: 4.05%
• 6M: 21.10%
• YTD: 28.18%
• 1Y: 61.07%
• 3Y*: 16.48%
• 5Y*: —
• 10Y*: —

CVSM

• 1D: 0.17%
• 1M: -1.46%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQQS vs. CVSM - Yearly Performance Comparison

	2026 (YTD)
QQQS Invesco NASDAQ Future Gen 200 ETF	6.84%
CVSM CresAlta Small & Mid-Cap ETF	3.14%

Correlation

The correlation between QQQS and CVSM is 0.51, 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	0.51

Return for Risk

QQQS vs. CVSM — Risk / Return Rank

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

QQQS

QQQS Risk / Return Rank: 85
QQQS Sharpe Ratio Rank: 88
QQQS Sortino Ratio Rank: 83
QQQS Omega Ratio Rank: 75
QQQS Calmar Ratio Rank: 91
QQQS Martin Ratio Rank: 86

CVSM

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

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.

QQQS vs. CVSM - Risk-Adjusted Trends Comparison

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

	QQQS	CVSM	Difference
Sharpe ratio: Return per unit of total volatility	2.26	—	—
Sortino ratio: Return per unit of downside risk	2.95	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	4.50	—	—
Martin ratio: Return relative to average drawdown	14.21	—	—

Drawdowns

QQQS vs. CVSM - Drawdown Comparison

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

Drawdown Indicators

	QQQS	CVSM	Difference
Max Drawdown Largest peak-to-trough decline	-38.06%	-3.36%	-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	-2.04%	-1.46%	-0.58%
Average Drawdown Average peak-to-trough decline	-12.99%	-1.01%	-11.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.31%	—	—

Volatility

Volatility by Period

	QQQS	CVSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.25%	11.19%	+16.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.47%	11.19%	+17.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.47%	11.19%	+17.28%

QQQS vs. CVSM - Expense Ratio Comparison

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

Dividends

QQQS vs. CVSM - Dividend Comparison

QQQS's dividend yield for the trailing twelve months is around 2.57%, more than CVSM's 0.23% 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	2.57%	3.48%	0.80%	0.68%	0.04%

Frequently Asked Questions

Can I hold both QQQS and CVSM in my portfolio?

QQQS and CVSM have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQQS or CVSM?

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, QQQS or CVSM?

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

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

QQQS has the higher dividend yield at 2.57%, compared with 0.23% for CVSM.

What is the main difference between QQQS and CVSM?

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