DEXC vs QQQ
Dimensional Emerging Markets ex China Core Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, DEXC or QQQ?
Small Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. DEXC led over 1Y and the full window. DEXC is less concentrated, with 29.7% 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 | DEXC | QQQ |
|---|---|---|
| Expense Ratio | 0.43% | 0.18%Best |
| AUM | $309M | $483.5B |
| Dividend Yield | 1.54% | 0.44% |
| Holdings | 1,987 | 107 |
| YTD Return | +30.18%Best | +15.86% |
| 1Y Return | +44.88%Best | +22.63% |
| 3Y Return (annualized) | - | +24.15% |
| 5Y Return (annualized) | - | +14.16% |
| Volatility (annualized) | 20.9% | 19.2%Best |
| Max Drawdown | -18.3%Best | -22.8% |
| $10,000 over 1.8 years | $16,586Best | $14,003 |
| Top 10 Weight | 29.7%Best | 46.5% |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Growth |
| Inception | Nov 13, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Nov 14, 2024 to Sep 10, 2026 (1.8 years).
DEXC 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 1.8 years both funds cover.
DEXC vs QQQ Performance
Dimensional Emerging Markets ex China Core Equity ETF (DEXC) is an ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DEXC returned +44.88% while QQQ returned +22.63%. Year to date, DEXC is up 30.18% versus a gain of 15.86% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DEXC has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 19.2% 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 -18.3% for DEXC 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DEXC charges 0.43% per year while QQQ charges 0.18%. On a $10,000 position that is $43 vs $18 annually, a gap of $25 per year that compounds over a long holding period. On income, DEXC currently yields 1.54% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 3,298 holdings in DEXC and 102 in QQQ, totalling 96.7% 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 3,298 positions we hold weights for in DEXC and 102 in QQQ, against full books of 1,987 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for DEXC (97.0% of the fund), and 61 for DEXC that do not appear in QQQ (4.4%).
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.
You are not choosing between two funds in isolation.
Whichever of DEXC 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, DEXC or QQQ?
DEXC has an expense ratio of 0.43% while QQQ charges 0.18%. QQQ is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, DEXC or QQQ?
Over the past year DEXC returned +44.88% vs +22.63% for QQQ, so DEXC leads on 1-year performance. Over the longest common window we track (2 years), DEXC annualized +32.46% vs +20.57% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DEXC or QQQ?
DEXC has been the more volatile fund at 20.9% annualized versus 19.2% for QQQ. Worst drawdown: DEXC -18.3% vs QQQ -22.8%.
Should I hold both DEXC and QQQ?
DEXC and QQQ have a monthly-return correlation of 0.75, 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, DEXC or QQQ?
DEXC yields 1.54% while QQQ yields 0.44%, so DEXC currently pays the higher dividend yield.
Is QQQ better than DEXC?
QQQ has a lower expense ratio. DEXC led over 1Y and the full window. DEXC is less concentrated, with 29.7% 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.