CNEQ vs QDEC
Comparison between ALGER CONCENTRATED EQUITY ETF (CNEQ, ETF) and FT VEST NASDAQ-100 BUFFER ETF - DECEMBER (QDEC, ETF).
CNEQ vs QDEC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CNEQ
$697M
Winner
QDEC
$697M
Expense Ratio
Winner
CNEQ
0.56%
QDEC
0.90%
Max Drawdown
CNEQ
27.58%
Winner
QDEC
25.25%
Sharpe Ratio
CNEQ
1.65
Winner
QDEC
1.91
5Y Beta
CNEQ
1.44
Winner
QDEC
0.74
P/E Ratio
CNEQ
41.55
QDEC
N/A
Forward P/E
CNEQ
28.63
QDEC
N/A
PEG Ratio
CNEQ
0.37
QDEC
N/A
5Y EPS CAGR
CNEQ
43.04%
QDEC
N/A
CNEQ vs QDEC - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CNEQ
+2.47%
QDEC
+0.71%
3M
Winner
CNEQ
+28.40%
QDEC
+11.89%
6M
Winner
CNEQ
+17.74%
QDEC
+8.98%
1Y
Winner
CNEQ
+46.46%
QDEC
+24.42%
5Y(CAGR)
CNEQ
N/A
QDEC
+10.45%
Max(CAGR)
Winner
CNEQ
+38.43%
QDEC
+11.22%
CNEQ vs QDEC - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | CNEQ | QDEC |
|---|---|---|
| 2026 | +18.63% | +9.54% |
| 2025 | +32.33% | +18.31% |
| 2024 | +28.84% | +17.54% |
| 2023 | N/A | +29.93% |
| 2022 | N/A | -22.69% |
| 2021 | N/A | +18.35% |
| 2020 | N/A | +1.37% |
CNEQ vs QDEC Drawdown Comparison
The maximum drawdown for CNEQ was -27.58%, occurring on Apr 8, 2025. Recovery took 77 trading sessions.
The maximum drawdown for QDEC was -25.25%, occurring on Oct 14, 2022. Recovery took 503 trading sessions.
The current CNEQ drawdown is -1.96%. The current QDEC drawdown is -0.42%.
| Rank | CNEQ | QDEC |
|---|---|---|
| #1 | -27.58% Feb 14, 2025 - Jun 6, 2025 | -25.25% Dec 27, 2021 - Dec 27, 2023 |
| #2 | -19.31% Oct 29, 2025 - Apr 24, 2026 | -16.08% Feb 19, 2025 - Jun 10, 2025 |
| #3 | -15.11% Jul 10, 2024 - Sep 25, 2024 | -7.58% Jan 28, 2026 - Apr 14, 2026 |
| #4 | -8.57% Jun 2, 2026 - Jun 18, 2026 | -6.33% Jul 10, 2024 - Sep 19, 2024 |
| #5 | -7.66% Apr 11, 2024 - May 15, 2024 | -5.81% Feb 12, 2021 - Apr 1, 2021 |
| #6 | -7.47% Jan 23, 2025 - Feb 14, 2025 | -4.57% Apr 16, 2021 - Jun 10, 2021 |
| #7 | -5.20% Oct 9, 2025 - Oct 28, 2025 | -3.97% Apr 11, 2024 - May 10, 2024 |
| #8 | -4.68% Jan 6, 2025 - Jan 22, 2025 | -3.14% Nov 10, 2025 - Nov 28, 2025 |
| #9 | -4.56% Dec 16, 2024 - Jan 6, 2025 | -2.71% Aug 30, 2021 - Oct 18, 2021 |
| #10 | -4.25% Aug 12, 2025 - Sep 8, 2025 | -2.71% Dec 24, 2024 - Jan 22, 2025 |
| #11 | -3.79% May 14, 2026 - May 21, 2026 | -2.66% Jun 2, 2026 - Jun 15, 2026 |
| #12 | -3.42% Oct 29, 2024 - Nov 6, 2024 | -2.49% Jan 26, 2021 - Feb 4, 2021 |
| #13 | -3.14% Jun 18, 2024 - Jul 3, 2024 | -2.23% Dec 27, 2023 - Jan 18, 2024 |
| #14 | -2.88% Dec 6, 2024 - Dec 16, 2024 | -1.97% Aug 14, 2025 - Sep 8, 2025 |
| #15 | -2.79% Nov 8, 2024 - Nov 19, 2024 | -1.91% Jan 22, 2025 - Feb 13, 2025 |
Correlation
Correlation between CNEQ and QDEC is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
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