DBJP vs QQQ
Xtrackers MSCI Japan Hedged Equity ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. DBJP delivered stronger 1-year returns. DBJP offers more diversification with 169 holdings.
Side-by-Side Comparison
| Metric | DBJP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.18% | |
| AUM | $696M | $455.8B | |
| Dividend Yield | 1.25% | 0.41% | |
| Holdings | 182 | 108 | |
| YTD Return | +23.19% | +17.46% | |
| 1Y Return | +43.39% | +26.02% | |
| 3Y Return (annualized) | +29.03% | +25.51% | |
| 5Y Return (annualized) | +22.17% | +15.12% | |
| Volatility (annualized) | 16.6% | 30.6% | |
| Max Drawdown | -35.3% | -83.0% | |
| Fund Family | Xtrackers ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 9, 2011 | Mar 10, 1999 |
DBJP vs QQQ Performance
Xtrackers MSCI Japan Hedged Equity ETF (DBJP) is a ETF from Xtrackers ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DBJP returned +43.39% while QQQ returned +26.02%. Year to date, DBJP is up 23.19% versus a gain of 17.46% for QQQ.
Over three years, DBJP compounded at +29.03% per year against +25.51% for QQQ; over five years the annualized figures are +22.17% and +15.12% respectively. Across the full 15-year window we track, QQQ has the edge at +13.08% annualized vs +11.78%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 16.6% for DBJP. 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 -35.3% for DBJP and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DBJP 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, DBJP currently yields 1.25% against 0.41% for QQQ.
Holdings Overlap
DBJP and QQQ share 0 holdings out of 272 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DBJP or QQQ?
DBJP has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, DBJP or QQQ?
Over the past year DBJP returned +43.39% vs +26.02% for QQQ, so DBJP leads on 1-year performance. Over the longest common window we track (15 years), DBJP annualized +11.78% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, DBJP or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 16.6% for DBJP. Worst drawdown: DBJP -35.3% vs QQQ -83.0%.
Should I hold both DBJP and QQQ?
DBJP and QQQ have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DBJP and QQQ?
DBJP and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 272 unique securities.
Which pays a higher dividend, DBJP or QQQ?
DBJP yields 1.25% while QQQ yields 0.41%, so DBJP currently pays the higher dividend yield.
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