BKDV vs QQQ
BNY Mellon Dynamic Value ETF vs Invesco QQQ Trust, Series 1
Which is better, BKDV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. BKDV is less concentrated, with 33.5% of the fund in its ten largest positions against 47.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BKDV | QQQ |
|---|---|---|
| Expense Ratio | 0.60% | 0.18%Best |
| AUM | $2.0B | $498.6B |
| Dividend Yield | 0.52% | 0.42% |
| Holdings | 84 | 321 |
| YTD Return | +15.71% | +22.67%Best |
| 1Y Return | +22.53% | +24.33%Best |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 11.8%Best | 18.7% |
| Max Drawdown | -15.5%Best | -22.8% |
| $10,000 over 1.9 years | $13,700 | $15,548Best |
| Top 10 Weight | 33.5%Best | 47.2% |
| Fund Family | BNY Mellon Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Nov 1, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 4, 2024 to Oct 2, 2026 (1.9 years).
BKDV vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
BKDV vs QQQ Performance
BNY Mellon Dynamic Value ETF (BKDV) is an ETF from BNY Mellon Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BKDV returned +22.53% while QQQ returned +24.33%. Year to date, BKDV is up 15.71% versus a gain of 22.67% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 11.8% for BKDV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.5% for BKDV and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BKDV charges 0.60% per year while QQQ charges 0.18%. On a $10,000 position that is $60 vs $18 annually, a gap of $42 per year that compounds over a long holding period. On income, BKDV currently yields 0.52% against 0.42% for QQQ.
Holdings Overlap
26.4% of BKDV's money is in holdings QQQ also owns. 36.0% of QQQ's money is in holdings BKDV also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 79 positions we hold weights for in BKDV and 102 in QQQ, against full books of 84 and 321.
What only one of them owns
Our book lists 79 positions for QQQ that do not appear in our book for BKDV (61.7% of the fund), and 60 for BKDV that do not appear in QQQ (71.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BKDV | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 3.28% | 7.80% | 4.52% |
| MSFTMicrosoft Corp | 4.98% | 5.88% | 0.90% |
| AMZNAmazon.Com Inc | 6.02% | 4.41% | 1.61% |
| AMDAdvanced Micro Devices Inc | 0.50% | 3.71% | 3.21% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.21% | 1.95% | 0.26% |
| METAMeta Platforms Inc | 0.79% | 3.07% | 2.28% |
| INTCIntel Corporation | 0.97% | 2.28% | 1.31% |
| TXNTexas Instrument Inc | 1.57% | 1.08% | 0.49% |
| AMATApplied Materials, Inc. | 0.49% | 1.60% | 1.11% |
| GILDGilead Sciences | 0.96% | 0.79% | 0.17% |
36.0% of QQQ is already inside BKDV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BKDV or QQQ?
BKDV has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, BKDV or QQQ?
Over the past year BKDV returned +22.53% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), BKDV annualized +18.02% vs +26.15% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKDV or QQQ?
QQQ has been the more volatile fund at 18.7% annualized versus 11.8% for BKDV. Worst drawdown: BKDV -15.5% vs QQQ -22.8%.
Should I hold both BKDV and QQQ?
BKDV and QQQ have a monthly-return correlation of 0.51, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BKDV and QQQ?
36.0% of QQQ's money is in holdings BKDV also owns. 36.0% of QQQ's is in holdings BKDV also owns. They hold 17 positions in common, counted across the 79 positions we hold weights for in BKDV and 102 in QQQ.
Which pays a higher dividend, BKDV or QQQ?
BKDV yields 0.52% while QQQ yields 0.42%, so BKDV currently pays the higher dividend yield.
Is QQQ better than BKDV?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. BKDV is less concentrated, with 33.5% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.