CQQQ vs SPXX

Comparison between INVESCO CHINA TECHNOLOGY ETF (CQQQ, ETF) and Nuveen S&P 500 Dynamic Overwrite Fund (SPXX, ETF).

5-Year PerformanceSPXX has outperformed CQQQ, delivering a return of +8.0% compared to -6.8%

CQQQ vs SPXX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CQQQ(ETF)	SPXX(ETF)
Net Assets	$2.50B	$2.50B
Expense Ratio	0.65%	N/A
Max Drawdown	74.15%	59.96%
Sharpe Ratio	0.87	0.95
5Y Beta	0.89	0.80
5Y Dividends CAGR	25.89%	11.48%

Net Assets

CQQQ

$2.50B

SPXX

$2.50B

Expense Ratio

CQQQ

0.65%

SPXX

N/A

Max Drawdown

CQQQ

74.15%

Winner

SPXX

59.96%

Sharpe Ratio

CQQQ

0.87

Winner

SPXX

0.95

5Y Beta

CQQQ

0.89

Winner

SPXX

0.80

5Y Dividends CAGR

Winner

CQQQ

25.89%

SPXX

11.48%

CQQQ vs SPXX - Historical Returns

Returns include dividend reinvestment.

Period	CQQQ	SPXX
1 month	+12.19%	+7.16%
3 months	-0.83%	+0.27%
6 months	-0.50%	+6.60%
1 year	+26.87%	+15.10%
5 years(CAGR)	-6.76%	+8.02%
10 years(CAGR)	+5.97%	+10.12%
Max(CAGR)	+5.77%	+7.36%

Winner

CQQQ

+12.19%

SPXX

+7.16%

CQQQ

-0.83%

Winner

SPXX

+0.27%

CQQQ

-0.50%

Winner

SPXX

+6.60%

Winner

CQQQ

+26.87%

SPXX

+15.10%

5Y(CAGR)

CQQQ

-6.76%

Winner

SPXX

+8.02%

10Y(CAGR)

CQQQ

+5.97%

Winner

SPXX

+10.12%

Max(CAGR)

CQQQ

+5.77%

Winner

SPXX

+7.36%

CQQQ vs SPXX - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	CQQQ	SPXX
2026	-1.27%	+0.77%
2025	+38.47%	+11.56%
2024	+13.15%	+28.64%
2023	-20.50%	+1.77%
2022	-29.95%	-7.14%
2021	-25.23%	+31.06%
2020	+49.54%	+0.75%
2019	+33.47%	+23.48%
2018	-37.28%	-14.40%
2017	+72.46%	+28.09%
2016	+3.44%	+14.57%
2015	+6.25%	+2.35%
2014	-1.04%	+9.85%
2013	+54.39%	+15.93%
2012	+8.40%	+15.76%
2011	-25.11%	-5.57%
2010	+3.59%	+13.97%
2009	+3.24%	+28.61%
2008	N/A	-29.58%
2007	N/A	-4.08%
2006	N/A	+22.10%
2005	N/A	-13.75%

CQQQ vs SPXX 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 SPXX was -52.38%, occurring on Mar 9, 2009. Recovery took 924 trading sessions.

The current CQQQ drawdown is -48.85%. The current SPXX drawdown is -0.88%.

Rank	CQQQ	SPXX
#1	-73.98% Feb 16, 2021 - Feb 2, 2024	-52.38% Apr 12, 2007 - Dec 9, 2010
#2	-43.04% Jan 26, 2018 - Jul 6, 2020	-43.80% Jun 7, 2018 - Mar 1, 2021
#3	-41.76% Apr 20, 2011 - Sep 10, 2013	-18.59% Dec 14, 2010 - Feb 13, 2012
#4	-38.76% May 19, 2015 - Apr 28, 2017	-18.06% Jan 12, 2022 - Dec 1, 2022
#5	-21.93% Mar 6, 2014 - Apr 2, 2015	-17.95% Dec 1, 2022 - Jun 6, 2024
#6	-18.66% Apr 9, 2010 - Oct 18, 2010	-17.67% Feb 19, 2025 - Jun 30, 2025
#7	-14.19% Jan 14, 2010 - Mar 17, 2010	-14.69% Nov 30, 2005 - Aug 31, 2006
#8	-13.59% Nov 22, 2017 - Jan 26, 2018	-14.67% Nov 24, 2015 - Apr 12, 2016
#9	-10.09% Jan 22, 2014 - Mar 4, 2014	-11.85% Jan 12, 2026 - Mar 30, 2026
#10	-9.29% Jul 9, 2020 - Oct 12, 2020	-11.20% Oct 1, 2012 - Jan 11, 2013
#11	-8.94% Oct 21, 2013 - Dec 31, 2013	-9.73% Jun 15, 2021 - Dec 30, 2021
#12	-8.07% Feb 17, 2011 - Apr 4, 2011	-9.68% Jul 16, 2015 - Nov 3, 2015
#13	-7.04% Nov 8, 2010 - Jan 13, 2011	-7.94% Jan 26, 2018 - May 4, 2018
#14	-6.56% Jan 25, 2021 - Feb 8, 2021	-7.77% Apr 2, 2012 - Jul 27, 2012
#15	-5.62% Sep 18, 2017 - Oct 3, 2017	-7.69% Jul 16, 2024 - Aug 26, 2024

Correlation

Correlation between CQQQ and SPXX is 0.57 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.57

-101

Dividend Comparison (2006 - 2026)

CQQQ vs SPXX dividend yield comparison.

Year	CQQQ	SPXX
2026	0.00%	1.90%
2025	2.17%	7.48%
2024	0.28%	6.87%
2023	0.55%	7.82%
2022	0.08%	7.30%
2021	0.00%	5.27%
2020	0.47%	6.56%
2019	0.01%	6.44%
2018	0.43%	7.98%
2017	1.41%	5.69%
2016	1.69%	5.14%
2015	1.77%	7.75%
2014	1.00%	7.30%
2013	0.79%	7.93%
2012	1.91%	8.66%
2011	2.77%	9.28%
2010	0.48%	8.09%
2009	0.00%	8.56%
2008	0.00%	13.80%
2007	0.00%	9.46%
2006	0.00%	8.36%