DBEZ vs QQQ
Xtrackers MSCI Eurozone Hedged Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, DBEZ or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. DBEZ is less concentrated, with 27.4% of the fund in its ten largest positions against 46.5%.
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 | DBEZ | QQQ |
|---|---|---|
| Expense Ratio | 0.45% | 0.18%Best |
| AUM | $75M | $483.5B |
| Dividend Yield | 1.25% | 0.44% |
| Holdings | 599 | 107 |
| YTD Return | +10.66% | +15.86%Best |
| 1Y Return | +20.94% | +22.63%Best |
| 3Y Return (annualized) | +17.97% | +24.15%Best |
| 5Y Return (annualized) | +11.77% | +14.16%Best |
| Volatility (annualized) | 16.2%Best | 18.7% |
| Max Drawdown | -38.8% | -35.1%Best |
| $10,000 over 5 years | $17,443 | $19,390Best |
| Top 10 Weight | 27.4%Best | 46.5% |
| Fund Family | Xtrackers ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 10, 2014 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Dec 15, 2014 to Sep 10, 2026 (11.7 years).
DBEZ 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 11.7 years both funds cover.
DBEZ vs QQQ Performance
Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) is an ETF from Xtrackers ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DBEZ returned +20.94% while QQQ returned +22.63%. Year to date, DBEZ is up 10.66% versus a gain of 15.86% for QQQ.
Over three years, DBEZ compounded at +17.97% per year against +24.15% for QQQ; over five years the annualized figures are +11.77% and +14.16% respectively. Across the full 12-year window we track, QQQ has the edge at +18.32% annualized vs +9.43%.
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 16.2% for DBEZ. 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 -38.8% for DBEZ and -35.1% 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DBEZ charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, DBEZ currently yields 1.25% against 0.44% for QQQ.
Holdings Overlap
8.9% of DBEZ's money is in holdings QQQ also owns. 1.1% of QQQ's money is in holdings DBEZ also owns.
DBEZ and QQQ share little of their money.
3 positions in common, counted across the 587 positions we hold weights for in DBEZ and 102 in QQQ, against full books of 599 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for DBEZ (96.8% of the fund), and 7 for DBEZ that do not appear in QQQ (0.5%).
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.
You are not choosing between two funds in isolation.
Whichever of DBEZ and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DBEZ or QQQ?
DBEZ has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, DBEZ or QQQ?
Over the past year DBEZ returned +20.94% vs +22.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (12 years), DBEZ annualized +9.43% vs +18.32% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBEZ or QQQ?
QQQ has been the more volatile fund at 18.7% annualized versus 16.2% for DBEZ. Worst drawdown: DBEZ -38.8% vs QQQ -35.1%.
Should I hold both DBEZ and QQQ?
DBEZ and QQQ have a monthly-return correlation of 0.68, 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 DBEZ and QQQ?
8.9% of DBEZ's money is in holdings QQQ also owns. 1.1% of QQQ's is in holdings DBEZ also owns. They hold 3 positions in common, counted across the 587 positions we hold weights for in DBEZ and 102 in QQQ.
Which pays a higher dividend, DBEZ or QQQ?
DBEZ yields 1.25% while QQQ yields 0.44%, so DBEZ currently pays the higher dividend yield.
Is QQQ better than DBEZ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. DBEZ is less concentrated, with 27.4% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.