DBP vs QQQ
Invesco DB Precious Metals Fund vs Invesco QQQ Trust, Series 1
Which is better, DBP or QQQ?
Precious Metals against Large Cap Growth.
QQQ has a lower expense ratio. DBP led over 1Y, 3Y and 5Y, QQQ over 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 | DBP | QQQ |
|---|---|---|
| Expense Ratio | 0.73% | 0.18%Best |
| AUM | $231M | $483.5B |
| Dividend Yield | 2.45% | 0.44% |
| Holdings | 10 | 107 |
| YTD Return | -3.25% | +17.21%Best |
| 1Y Return | +23.33%Best | +22.10% |
| 3Y Return (annualized) | +29.41%Best | +25.27% |
| 5Y Return (annualized) | +18.09%Best | +14.60% |
| Volatility (annualized) | 19.6% | 18.8%Best |
| Max Drawdown | -53.9% | -53.5%Best |
| $10,000 over 5 years | $22,965Best | $19,766 |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Commodity | Equity |
| Style | Precious Metals | Large Cap Growth |
| Inception | Jan 5, 2007 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 5, 2007 to Sep 17, 2026 (19.7 years).
DBP 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 19.7 years both funds cover.
DBP vs QQQ Performance
Invesco DB Precious Metals Fund (DBP) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DBP returned +23.33% while QQQ returned +22.10%. Year to date, DBP is down 3.25% versus a gain of 17.21% for QQQ.
Over three years, DBP compounded at +29.41% per year against +25.27% for QQQ; over five years the annualized figures are +18.09% and +14.60% respectively. Across the full 20-year window we track, QQQ has the edge at +15.43% annualized vs +8.24%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DBP has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 18.8% for QQQ. 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 -53.9% for DBP and -53.5% 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 0.11. They move largely independently of each other.
Fees and Cost Over Time
DBP charges 0.73% per year while QQQ charges 0.18%. On a $10,000 position that is $73 vs $18 annually, a gap of $55 per year that compounds over a long holding period. On income, DBP currently yields 2.45% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in DBP and 102 in QQQ, totalling 99.0% 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 2 positions we hold weights for in DBP and 102 in QQQ, against full books of 10 and 107.
You are not choosing between two funds in isolation.
Whichever of DBP 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, DBP or QQQ?
DBP has an expense ratio of 0.73% while QQQ charges 0.18%. QQQ is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, DBP or QQQ?
Over the past year DBP returned +23.33% vs +22.10% for QQQ, so DBP leads on 1-year performance. Over the longest common window we track (20 years), DBP annualized +8.24% vs +15.43% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBP or QQQ?
DBP has been the more volatile fund at 19.6% annualized versus 18.8% for QQQ. Worst drawdown: DBP -53.9% vs QQQ -53.5%.
Should I hold both DBP and QQQ?
DBP and QQQ have a monthly-return correlation of 0.11, 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, DBP or QQQ?
DBP yields 2.45% while QQQ yields 0.44%, so DBP currently pays the higher dividend yield.
Is QQQ better than DBP?
QQQ has a lower expense ratio. DBP led over 1Y, 3Y and 5Y, QQQ over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.