DBND vs QQQ
DoubleLine Opportunistic Core Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, DBND or QQQ?
Diversified Sectoral Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window.
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 | DBND | QQQ |
|---|---|---|
| Expense Ratio | 0.45% | 0.18%Best |
| AUM | $741M | $483.5B |
| Dividend Yield | 4.86% | 0.44% |
| Holdings | 1,270 | 107 |
| YTD Return | -1.80% | +17.95%Best |
| 1Y Return | -0.78% | +21.77%Best |
| 3Y Return (annualized) | +4.49% | +25.63%Best |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 6.0%Best | 19.9% |
| Max Drawdown | -9.4%Best | -27.6% |
| $10,000 over 4.5 years | $10,874 | $20,662Best |
| Fund Family | DoubleLine Funds | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Growth |
| Inception | Mar 31, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Apr 5, 2022 to Sep 18, 2026 (4.5 years).
DBND 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 4.5 years both funds cover.
DBND vs QQQ Performance
DoubleLine Opportunistic Core Bond ETF (DBND) is an ETF from DoubleLine Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DBND returned -0.78% while QQQ returned +21.77%. Year to date, DBND is down 1.80% versus a gain of 17.95% for QQQ.
Over three years, DBND compounded at +4.49% per year against +25.63% 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 19.9% compared with 6.0% for DBND. 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 -9.4% for DBND and -27.6% 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 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DBND 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, DBND currently yields 4.86% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 466 holdings in DBND and 102 in QQQ, totalling 47.8% 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 466 positions we hold weights for in DBND and 102 in QQQ, against full books of 1,270 and 107.
You are not choosing between two funds in isolation.
Whichever of DBND 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, DBND or QQQ?
DBND 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, DBND or QQQ?
Over the past year DBND returned -0.78% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBND or QQQ?
QQQ has been the more volatile fund at 19.9% annualized versus 6.0% for DBND. Worst drawdown: DBND -9.4% vs QQQ -27.6%.
Should I hold both DBND and QQQ?
DBND and QQQ have a monthly-return correlation of 0.57, 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, DBND or QQQ?
DBND yields 4.86% while QQQ yields 0.44%, so DBND currently pays the higher dividend yield.
Is QQQ better than DBND?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.