DBJP vs QQQ
Xtrackers MSCI Japan Hedged Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, DBJP or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. DBJP led over 1Y, 3Y and 5Y, QQQ over the full window. DBJP is less concentrated, with 29.6% 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 | DBJP | QQQ |
|---|---|---|
| Expense Ratio | 0.45% | 0.18%Best |
| AUM | $723M | $486.1B |
| Dividend Yield | 1.28% | 0.44% |
| Holdings | 171 | 107 |
| YTD Return | +22.69%Best | +17.33% |
| 1Y Return | +42.64%Best | +26.50% |
| 3Y Return (annualized) | +27.13%Best | +24.58% |
| 5Y Return (annualized) | +21.13%Best | +14.15% |
| Volatility (annualized) | 16.6%Best | 17.5% |
| Max Drawdown | -35.3% | -35.1%Best |
| $10,000 over 5 years | $26,077Best | $19,381 |
| Top 10 Weight | 29.6%Best | 46.5% |
| Fund Family | Xtrackers ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jun 9, 2011 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 9, 2011 to Sep 3, 2026 (15.2 years).
DBJP 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 15.2 years both funds cover.
DBJP vs QQQ Performance
Xtrackers MSCI Japan Hedged Equity ETF (DBJP) is an ETF from Xtrackers ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DBJP returned +42.64% while QQQ returned +26.50%. Year to date, DBJP is up 22.69% versus a gain of 17.33% for QQQ.
Over three years, DBJP compounded at +27.13% per year against +24.58% for QQQ; over five years the annualized figures are +21.13% and +14.15% respectively. Across the full 15-year window we track, QQQ has the edge at +18.55% annualized vs +11.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.5% 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 -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 0.54. They move together some of the time, and apart the rest.
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 1.28% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 168 holdings in DBJP and 102 in QQQ, totalling 98.2% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 168 positions we hold weights for in DBJP and 102 in QQQ, against full books of 171 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for DBJP (97.5% of the fund), and 0 for DBJP that do not appear in QQQ (0.0%).
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 DBJP 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, DBJP or QQQ?
DBJP 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, DBJP or QQQ?
Over the past year DBJP returned +42.64% vs +26.50% for QQQ, so DBJP leads on 1-year performance. Over the longest common window we track (15 years), DBJP annualized +11.70% vs +18.55% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBJP or QQQ?
QQQ has been the more volatile fund at 17.5% annualized versus 16.6% for DBJP. Worst drawdown: DBJP -35.3% vs QQQ -35.1%.
Should I hold both DBJP and QQQ?
DBJP and QQQ have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DBJP or QQQ?
DBJP yields 1.28% while QQQ yields 0.44%, so DBJP currently pays the higher dividend yield.
Is QQQ better than DBJP?
QQQ has a lower expense ratio. DBJP led over 1Y, 3Y and 5Y, QQQ over the full window. DBJP is less concentrated, with 29.6% 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.