DCOR vs QQQ
Dimensional US Core Equity 1 ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
DCOR has a lower expense ratio. QQQ delivered stronger 1-year returns. DCOR offers more diversification with 2,372 holdings.
Side-by-Side Comparison
| Metric | DCOR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.14% | 0.18% | |
| AUM | $3.5B | $496.3B | |
| Dividend Yield | 0.93% | 0.44% | |
| Holdings | 2,372 | 108 | |
| YTD Return | +14.78% | +16.19% | |
| 1Y Return | +21.88% | +25.22% | |
| 3Y Return (annualized) | +20.85% | +25.47% | |
| 5Y Return (annualized) | - | +14.34% | |
| Volatility (annualized) | 12.6% | 30.6% | |
| Max Drawdown | -19.1% | -83.0% | |
| Fund Family | Dimensional | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 12, 2023 | Mar 10, 1999 |
DCOR vs QQQ Performance
Dimensional US Core Equity 1 ETF (DCOR) is a ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DCOR returned +21.88% while QQQ returned +25.22%. Year to date, DCOR is up 14.78% versus a gain of 16.19% for QQQ.
Over three years, DCOR compounded at +20.85% per year against +25.47% for QQQ. Across the full 3-year window we track, DCOR has the edge at +20.85% annualized vs +13.01%. 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 12.6% for DCOR. 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 -19.1% for DCOR 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DCOR charges 0.14% per year while QQQ charges 0.18%. On a $10,000 position that is $14 vs $18 annually, a gap of $4 per year that compounds over a long holding period. On income, DCOR currently yields 0.93% against 0.44% for QQQ.
Holdings Overlap
DCOR and QQQ share 88 holdings out of 2403 unique holdings combined, representing a 38.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DCOR or QQQ?
DCOR has an expense ratio of 0.14% while QQQ charges 0.18%. DCOR is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, DCOR or QQQ?
Over the past year DCOR returned +21.88% vs +25.22% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), DCOR annualized +20.85% vs +13.01% for QQQ. Past performance does not guarantee future results.
Which is riskier, DCOR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.6% for DCOR. Worst drawdown: DCOR -19.1% vs QQQ -83.0%.
Should I hold both DCOR and QQQ?
DCOR and QQQ have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DCOR and QQQ?
DCOR and QQQ share 88 common holdings with a 38.3% weight overlap. Combined, they hold 2403 unique securities.
Which pays a higher dividend, DCOR or QQQ?
DCOR yields 0.93% while QQQ yields 0.44%, so DCOR currently pays the higher dividend yield.
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