DDWM vs QQQ
WisdomTree Dynamic International Equity Fund vs Invesco QQQ Trust, Series 1
Which is better, DDWM or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. DDWM is less concentrated, with 11.6% of the fund in its ten largest positions against 47.2%.
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 | DDWM | QQQ |
|---|---|---|
| Expense Ratio | 0.40% | 0.18%Best |
| AUM | $1.4B | $498.6B |
| Dividend Yield | 2.49% | 0.42% |
| Holdings | 1,482 | 321 |
| YTD Return | +4.14% | +22.67%Best |
| 1Y Return | +9.21% | +24.33%Best |
| 3Y Return (annualized) | +17.80% | +29.05%Best |
| 5Y Return (annualized) | +12.51% | +17.00%Best |
| Volatility (annualized) | 12.3%Best | 18.6% |
| Max Drawdown | -35.0%Best | -35.1% |
| $10,000 over 5 years | $18,028 | $21,924Best |
| Top 10 Weight | 11.6%Best | 47.2% |
| Fund Family | WisdomTree Investments | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jan 7, 2016 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jan 7, 2016 to Oct 2, 2026 (10.7 years).
DDWM 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 10.7 years both funds cover.
DDWM vs QQQ Performance
WisdomTree Dynamic International Equity Fund (DDWM) is an ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DDWM returned +9.21% while QQQ returned +24.33%. Year to date, DDWM is up 4.14% versus a gain of 22.67% for QQQ.
Over three years, DDWM compounded at +17.80% per year against +29.05% for QQQ; over five years the annualized figures are +12.51% and +17.00% respectively. Across the full 11-year window we track, QQQ has the edge at +20.48% annualized vs +9.85%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 12.3% for DDWM. 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 -35.0% for DDWM 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DDWM charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, DDWM currently yields 2.49% against 0.42% for QQQ.
Holdings Overlap
0.3% of DDWM's money is in holdings QQQ also owns. 0.4% of QQQ's money is in holdings DDWM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 1,424 positions we hold weights for in DDWM and 102 in QQQ, against full books of 1,482 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for DDWM (97.8% of the fund), and 30 for DDWM that do not appear in QQQ (6.1%).
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 DDWM 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, DDWM or QQQ?
DDWM has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, DDWM or QQQ?
Over the past year DDWM returned +9.21% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), DDWM annualized +9.85% vs +20.48% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DDWM or QQQ?
QQQ has been the more volatile fund at 18.6% annualized versus 12.3% for DDWM. Worst drawdown: DDWM -35.0% vs QQQ -35.1%.
Should I hold both DDWM and QQQ?
DDWM and QQQ have a monthly-return correlation of 0.60, 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, DDWM or QQQ?
DDWM yields 2.49% while QQQ yields 0.42%, so DDWM currently pays the higher dividend yield.
Is QQQ better than DDWM?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. DDWM is less concentrated, with 11.6% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.