DFUV vs QQQ
Dimensional US Marketwide Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. DFUV delivered stronger 1-year returns. DFUV offers more diversification with 1,342 holdings.
Side-by-Side Comparison
| Metric | DFUV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.21% | 0.18% | |
| AUM | $16.0B | $496.3B | |
| Dividend Yield | 1.30% | 0.44% | |
| Holdings | 1,342 | 108 | |
| YTD Return | +22.51% | +16.19% | |
| 1Y Return | +32.09% | +25.22% | |
| 3Y Return (annualized) | +20.11% | +25.47% | |
| 5Y Return (annualized) | - | +14.34% | |
| Volatility (annualized) | 16.3% | 30.6% | |
| Max Drawdown | -17.6% | -83.0% | |
| Fund Family | Dimensional | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 31, 2024 | Mar 10, 1999 |
DFUV vs QQQ Performance
Dimensional US Marketwide Value ETF (DFUV) is a ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DFUV returned +32.09% while QQQ returned +25.22%. Year to date, DFUV is up 22.51% versus a gain of 16.19% for QQQ.
Over three years, DFUV compounded at +20.11% per year against +25.47% for QQQ. Across the full 4-year window we track, DFUV has the edge at +15.22% annualized vs +13.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 16.3% for DFUV. 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 -17.6% for DFUV and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DFUV charges 0.21% per year while QQQ charges 0.18%. On a $10,000 position that is $21 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, DFUV currently yields 1.30% against 0.44% for QQQ.
Holdings Overlap
DFUV and QQQ share 30 holdings out of 1401 unique holdings combined, representing a 16.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DFUV or QQQ?
DFUV has an expense ratio of 0.21% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, DFUV or QQQ?
Over the past year DFUV returned +32.09% vs +25.22% for QQQ, so DFUV leads on 1-year performance. Over the longest common window we track (4 years), DFUV annualized +15.22% vs +13.01% for QQQ. Past performance does not guarantee future results.
Which is riskier, DFUV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 16.3% for DFUV. Worst drawdown: DFUV -17.6% vs QQQ -83.0%.
Should I hold both DFUV and QQQ?
DFUV and QQQ have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DFUV and QQQ?
DFUV and QQQ share 30 common holdings with a 16.4% weight overlap. Combined, they hold 1401 unique securities.
Which pays a higher dividend, DFUV or QQQ?
DFUV yields 1.30% while QQQ yields 0.44%, so DFUV currently pays the higher dividend yield.
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