DFEV vs QQQ
Dimensional Emerging Markets Value ETF vs Invesco QQQ Trust, Series 1
Which is better, DFEV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. DFEV led over 1Y, QQQ over 3Y and the full window.
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 | DFEV | QQQ |
|---|---|---|
| Expense Ratio | 0.43% | 0.18%Best |
| AUM | $2.2B | $483.5B |
| Dividend Yield | 2.01% | 0.44% |
| Holdings | 3,595 | 107 |
| YTD Return | +25.28%Best | +15.86% |
| 1Y Return | +38.29%Best | +22.63% |
| 3Y Return (annualized) | +24.08% | +24.15%Best |
| 5Y Return (annualized) | - | +14.16% |
| Volatility (annualized) | 16.7%Best | 19.9% |
| Max Drawdown | -18.5%Best | -22.8% |
| $10,000 over 4.4 years | $19,648 | $23,092Best |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Apr 26, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
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 10, 2026 (4.4 years).
DFEV 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.
DFEV vs QQQ Performance
Dimensional Emerging Markets Value ETF (DFEV) is an ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DFEV returned +38.29% while QQQ returned +22.63%. Year to date, DFEV is up 25.28% versus a gain of 15.86% for QQQ.
Over three years, DFEV compounded at +24.08% per year against +24.15% for QQQ. Across the full 4-year window we track, QQQ has the edge at +20.95% annualized vs +16.59%.
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 16.7% for DFEV. 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 -18.5% for DFEV 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DFEV 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, DFEV currently yields 2.01% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 3,453 holdings in DFEV and 102 in QQQ, totalling 94.1% 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 3,453 positions we hold weights for in DFEV and 102 in QQQ, against full books of 3,595 and 107.
You are not choosing between two funds in isolation.
Whichever of DFEV 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, DFEV or QQQ?
DFEV 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, DFEV or QQQ?
Over the past year DFEV returned +38.29% vs +22.63% for QQQ, so DFEV leads on 1-year performance. Over the longest common window we track (4 years), DFEV annualized +16.59% vs +20.95% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFEV or QQQ?
QQQ has been the more volatile fund at 19.9% annualized versus 16.7% for DFEV. Worst drawdown: DFEV -18.5% vs QQQ -22.8%.
Should I hold both DFEV and QQQ?
DFEV and QQQ have a monthly-return correlation of 0.66, 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, DFEV or QQQ?
DFEV yields 2.01% while QQQ yields 0.44%, so DFEV currently pays the higher dividend yield.
Is QQQ better than DFEV?
QQQ has a lower expense ratio. DFEV led over 1Y, QQQ over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.