DEHP vs QQQ
Dimensional Emerging Markets High Profitability ETF vs Invesco QQQ Trust, Series 1
Which is better, DEHP or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. DEHP led over 1Y, QQQ over 3Y and the full window. DEHP is less concentrated, with 36.0% of the fund in its ten largest positions against 46.5%.
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 | DEHP | QQQ |
|---|---|---|
| Expense Ratio | 0.41% | 0.18%Best |
| AUM | $460M | $483.5B |
| Dividend Yield | 1.35% | 0.44% |
| Holdings | 761 | 107 |
| YTD Return | +29.83%Best | +22.20% |
| 1Y Return | +40.28%Best | +24.58% |
| 3Y Return (annualized) | +25.32% | +28.38%Best |
| 5Y Return (annualized) | - | +15.80% |
| Volatility (annualized) | 19.3%Best | 19.9% |
| Max Drawdown | -22.9% | -22.8%Best |
| $10,000 over 4.4 years | $18,709 | $24,204Best |
| Top 10 Weight | 36.0%Best | 46.5% |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 26, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Apr 27, 2022 to Sep 22, 2026 (4.4 years).
DEHP 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 4.4 years both funds cover.
DEHP vs QQQ Performance
Dimensional Emerging Markets High Profitability ETF (DEHP) is an ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DEHP returned +40.28% while QQQ returned +24.58%. Year to date, DEHP is up 29.83% versus a gain of 22.20% for QQQ.
Over three years, DEHP compounded at +25.32% per year against +28.38% for QQQ. Across the full 4-year window we track, QQQ has the edge at +22.25% annualized vs +15.30%.
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 19.3% for DEHP. 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 -22.9% for DEHP and -22.8% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DEHP charges 0.41% per year while QQQ charges 0.18%. On a $10,000 position that is $41 vs $18 annually, a gap of $23 per year that compounds over a long holding period. On income, DEHP currently yields 1.35% against 0.44% for QQQ.
Holdings Overlap
0.7% of DEHP's money is in holdings QQQ also owns. 0.3% of QQQ's money is in holdings DEHP also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 756 positions we hold weights for in DEHP and 102 in QQQ, against full books of 761 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for DEHP (97.5% of the fund), and 17 for DEHP that do not appear in QQQ (2.4%).
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.
Top Shared Holdings
| Stock | Weight in DEHP | Weight in QQQ | Difference |
|---|---|---|---|
| PDD:IEPdd Holdings Inc. | 0.74% | 0.27% | 0.47% |
You are not choosing between two funds in isolation.
Whichever of DEHP 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, DEHP or QQQ?
DEHP has an expense ratio of 0.41% while QQQ charges 0.18%. QQQ is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, DEHP or QQQ?
Over the past year DEHP returned +40.28% vs +24.58% for QQQ, so DEHP leads on 1-year performance. Over the longest common window we track (4 years), DEHP annualized +15.30% vs +22.25% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DEHP or QQQ?
QQQ has been the more volatile fund at 19.9% annualized versus 19.3% for DEHP. Worst drawdown: DEHP -22.9% vs QQQ -22.8%.
Should I hold both DEHP and QQQ?
DEHP and QQQ have a monthly-return correlation of 0.69, 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, DEHP or QQQ?
DEHP yields 1.35% while QQQ yields 0.44%, so DEHP currently pays the higher dividend yield.
Is QQQ better than DEHP?
QQQ has a lower expense ratio. DEHP led over 1Y, QQQ over 3Y and the full window. DEHP is less concentrated, with 36.0% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.