CQQQ vs SHM

Comparison between INVESCO CHINA TECHNOLOGY ETF (CQQQ, ETF) and STATE STREET(R) SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF (SHM, ETF).

5-Year PerformanceSHM has outperformed CQQQ, delivering a return of +0.9% compared to -6.7%

CQQQ vs SHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CQQQ(ETF)	SHM(ETF)
Net Assets	$3.40B	$3.50B
Expense Ratio	0.65%	0.20%
Max Drawdown	74.15%	11.61%
Sharpe Ratio	0.75	-0.92
5Y Beta	0.94	0.01
5Y Dividends CAGR	25.89%	19.48%

Net Assets

CQQQ

$3.40B

Winner

SHM

$3.50B

Expense Ratio

CQQQ

0.65%

Winner

SHM

0.20%

Max Drawdown

CQQQ

74.15%

Winner

SHM

11.61%

Sharpe Ratio

Winner

CQQQ

0.75

SHM

-0.92

5Y Beta

CQQQ

0.94

Winner

SHM

0.01

5Y Dividends CAGR

Winner

CQQQ

25.89%

SHM

19.48%

CQQQ vs SHM - Historical Returns

Returns include dividend reinvestment.

Period	CQQQ	SHM
1 month	+0.65%	+0.16%
3 months	+10.07%	+0.50%
6 months	-5.89%	+0.63%
1 year	+24.46%	+2.59%
5 years(CAGR)	-6.70%	+0.95%
10 years(CAGR)	+5.29%	+1.17%
Max(CAGR)	+5.75%	+1.80%

Winner

CQQQ

+0.65%

SHM

+0.16%

Winner

CQQQ

+10.07%

SHM

+0.50%

CQQQ

-5.89%

Winner

SHM

+0.63%

Winner

CQQQ

+24.46%

SHM

+2.59%

5Y(CAGR)

CQQQ

-6.70%

Winner

SHM

+0.95%

10Y(CAGR)

Winner

CQQQ

+5.29%

SHM

+1.17%

Max(CAGR)

Winner

CQQQ

+5.75%

SHM

+1.80%

CQQQ vs SHM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	CQQQ	SHM
2026	-0.59%	+1.05%
2025	+38.47%	+3.86%
2024	+13.15%	+1.22%
2023	-20.50%	+2.81%
2022	-29.95%	-3.80%
2021	-25.23%	-0.37%
2020	+49.54%	+2.53%
2019	+33.47%	+3.60%
2018	-37.28%	+1.42%
2017	+72.46%	+1.01%
2016	+3.44%	-0.49%
2015	+6.25%	+1.13%
2014	-1.04%	+1.01%
2013	+54.39%	+1.27%
2012	+8.40%	+1.32%
2011	-25.11%	+3.76%
2010	+3.59%	+1.19%
2009	+3.24%	+4.28%
2008	N/A	+5.83%
2007	N/A	+1.61%

CQQQ vs SHM Drawdown Comparison

The maximum drawdown for CQQQ was -73.98%, occurring on Feb 2, 2024. This drawdown has not yet recovered.

The maximum drawdown for SHM was -11.61%, occurring on Mar 19, 2020. Recovery took 50 trading sessions.

The current CQQQ drawdown is -48.49%. The current SHM drawdown is -0.08%.

Rank	CQQQ	SHM
#1	-73.98% Feb 16, 2021 - Feb 2, 2024	-11.61% Mar 9, 2020 - May 19, 2020
#2	-43.04% Jan 26, 2018 - Jul 6, 2020	-6.97% Sep 23, 2008 - Dec 5, 2008
#3	-41.76% Apr 20, 2011 - Sep 10, 2013	-6.67% Aug 3, 2021 - Sep 5, 2024
#4	-38.76% May 19, 2015 - Apr 28, 2017	-3.50% Aug 31, 2010 - May 6, 2011
#5	-21.93% Mar 6, 2014 - Apr 2, 2015	-3.07% Feb 13, 2008 - Mar 18, 2008
#6	-18.66% Apr 9, 2010 - Oct 18, 2010	-2.70% Aug 22, 2016 - Aug 2, 2017
#7	-14.19% Jan 14, 2010 - Mar 17, 2010	-2.63% Apr 23, 2013 - Oct 23, 2013
#8	-13.59% Nov 22, 2017 - Jan 26, 2018	-2.07% Sep 5, 2017 - Jan 11, 2019
#9	-10.09% Jan 22, 2014 - Mar 4, 2014	-1.87% Feb 13, 2009 - Apr 16, 2009
#10	-9.29% Jul 9, 2020 - Oct 12, 2020	-1.75% Mar 18, 2008 - Aug 15, 2008
#11	-8.94% Oct 21, 2013 - Dec 31, 2013	-1.67% Sep 6, 2011 - Jan 11, 2012
#12	-8.07% Feb 17, 2011 - Apr 4, 2011	-1.67% Apr 4, 2025 - Jun 12, 2025
#13	-7.04% Nov 8, 2010 - Jan 13, 2011	-1.31% Oct 3, 2024 - Feb 25, 2025
#14	-6.56% Jan 25, 2021 - Feb 8, 2021	-1.24% Sep 17, 2008 - Sep 23, 2008
#15	-5.62% Sep 18, 2017 - Oct 3, 2017	-1.13% Feb 26, 2026 - Jul 6, 2026

Correlation

Correlation between CQQQ and SHM is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (2007 - 2026)

CQQQ vs SHM dividend yield comparison.

Year	CQQQ	SHM
2026	0.00%	1.34%
2025	2.17%	2.61%
2024	0.28%	2.06%
2023	0.55%	1.15%
2022	0.08%	0.69%
2021	0.00%	0.86%
2020	0.47%	1.24%
2019	0.01%	1.40%
2018	0.43%	1.23%
2017	1.41%	1.06%
2016	1.69%	0.94%
2015	1.77%	0.92%
2014	1.00%	0.93%
2013	0.79%	0.97%
2012	1.91%	1.40%
2011	2.77%	1.60%
2010	0.48%	1.91%
2009	0.00%	2.03%
2008	0.00%	2.59%
2007	0.00%	0.72%