DDEC vs QQQ
FT Vest US Equity Deep Buffer ETF - December vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | DDEC | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.18% | |
| AUM | $428M | $455.8B | |
| Dividend Yield | 0.00% | 0.41% | |
| Holdings | 4 | 108 | |
| YTD Return | +6.91% | +17.85% | |
| 1Y Return | +13.48% | +26.45% | |
| 3Y Return (annualized) | +12.48% | +26.07% | |
| 5Y Return (annualized) | +8.48% | +15.16% | |
| Volatility (annualized) | 6.3% | 30.6% | |
| Max Drawdown | -10.2% | -83.0% | |
| Fund Family | First Trust Portfolios (US) | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 18, 2020 | Mar 10, 1999 |
DDEC vs QQQ Performance
FT Vest US Equity Deep Buffer ETF - December (DDEC) is a ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DDEC returned +13.48% while QQQ returned +26.45%. Year to date, DDEC is up 6.91% versus a gain of 17.85% for QQQ.
Over three years, DDEC compounded at +12.48% per year against +26.07% for QQQ; over five years the annualized figures are +8.48% and +15.16% respectively. Across the full 6-year window we track, QQQ has the edge at +13.09% annualized vs +8.63%. 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 6.3% for DDEC. 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 -10.2% for DDEC 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
DDEC charges 0.85% per year while QQQ charges 0.18%. On a $10,000 position that is $85 vs $18 annually, a gap of $67 per year that compounds over a long holding period. On income, DDEC currently yields 0.00% against 0.41% for QQQ.
Holdings Overlap
DDEC and QQQ share 0 holdings out of 104 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, DDEC or QQQ?
DDEC has an expense ratio of 0.85% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $67 per year of difference.
Which performed better, DDEC or QQQ?
Over the past year DDEC returned +13.48% vs +26.45% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), DDEC annualized +8.63% vs +13.09% for QQQ. Past performance does not guarantee future results.
Which is riskier, DDEC or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 6.3% for DDEC. Worst drawdown: DDEC -10.2% vs QQQ -83.0%.
Should I hold both DDEC and QQQ?
DDEC 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 DDEC and QQQ?
DDEC and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, DDEC or QQQ?
DDEC yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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