DFGP vs QQQ
Dimensional Global Core Plus Fixed Income ETF vs Invesco QQQ Trust, Series 1
Which is better, DFGP or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | DFGP | QQQ |
|---|---|---|
| Expense Ratio | 0.22% | 0.18%Best |
| AUM | $3.5B | $483.5B |
| Dividend Yield | 5.59% | 0.44% |
| Holdings | 1,557 | 107 |
| YTD Return | -0.41% | +17.95%Best |
| 1Y Return | +0.01% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 4.7%Best | 16.8% |
| Max Drawdown | -3.2%Best | -22.8% |
| $10,000 over 2.9 years | $11,841 | $20,005Best |
| Fund Family | Dimensional | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Growth |
| Inception | Nov 7, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 9, 2023 to Sep 18, 2026 (2.9 years).
DFGP 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 2.9 years both funds cover.
DFGP vs QQQ Performance
Dimensional Global Core Plus Fixed Income ETF (DFGP) is an ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DFGP returned +0.01% while QQQ returned +21.77%. Year to date, DFGP is down 0.41% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 4.7% for DFGP. 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 -3.2% for DFGP 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 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DFGP charges 0.22% per year while QQQ charges 0.18%. On a $10,000 position that is $22 vs $18 annually, a gap of $4 per year that compounds over a long holding period. On income, DFGP currently yields 5.59% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 870 holdings in DFGP and 102 in QQQ, totalling 54.8% 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 870 positions we hold weights for in DFGP and 102 in QQQ, against full books of 1,557 and 107.
You are not choosing between two funds in isolation.
Whichever of DFGP 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, DFGP or QQQ?
DFGP has an expense ratio of 0.22% while QQQ charges 0.18%. QQQ is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, DFGP or QQQ?
Over the past year DFGP returned +0.01% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFGP or QQQ?
QQQ has been the more volatile fund at 16.8% annualized versus 4.7% for DFGP. Worst drawdown: DFGP -3.2% vs QQQ -22.8%.
Should I hold both DFGP and QQQ?
DFGP and QQQ have a monthly-return correlation of 0.43, 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, DFGP or QQQ?
DFGP yields 5.59% while QQQ yields 0.44%, so DFGP currently pays the higher dividend yield.
Is QQQ better than DFGP?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.