DGLO vs QQQ
First Trust RBA Deglobalization ETF vs Invesco QQQ Trust, Series 1
Which is better, DGLO or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. DGLO is less concentrated, with 21.7% of the fund in its ten largest positions against 47.2%.
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 | DGLO | QQQ |
|---|---|---|
| Expense Ratio | 0.70% | 0.18%Best |
| AUM | $3M | $498.6B |
| Dividend Yield | 0.58% | 0.42% |
| Holdings | 228 | 321 |
| YTD Return | +10.48% | +22.67%Best |
| 1Y Return | +11.80% | +24.33%Best |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 12.5%Best | 20.4% |
| Max Drawdown | -10.5%Best | -12.0% |
| $10,000 over 1.2 years | $11,651 | $13,399Best |
| Top 10 Weight | 21.7%Best | 47.2% |
| Fund Family | First Trust Portfolios (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Aug 6, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Aug 7, 2025 to Oct 2, 2026 (1.2 years).
DGLO 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 1.2 years both funds cover.
DGLO vs QQQ Performance
First Trust RBA Deglobalization ETF (DGLO) is an ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DGLO returned +11.80% while QQQ returned +24.33%. Year to date, DGLO is up 10.48% versus a gain of 22.67% 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 20.4% compared with 12.5% for DGLO. 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 -10.5% for DGLO and -12.0% 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 0.12. They move largely independently of each other.
Fees and Cost Over Time
DGLO charges 0.70% per year while QQQ charges 0.18%. On a $10,000 position that is $70 vs $18 annually, a gap of $52 per year that compounds over a long holding period. On income, DGLO currently yields 0.58% against 0.42% for QQQ.
Holdings Overlap
3.0% of DGLO's money is in holdings QQQ also owns. 0.6% of QQQ's money is in holdings DGLO also owns.
DGLO and QQQ share little of their money.
2 positions in common, counted across the 113 positions we hold weights for in DGLO and 102 in QQQ, against full books of 228 and 321.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for DGLO (97.2% of the fund), and 110 for DGLO that do not appear in QQQ (94.4%).
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 DGLO 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, DGLO or QQQ?
DGLO has an expense ratio of 0.70% while QQQ charges 0.18%. QQQ is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, DGLO or QQQ?
Over the past year DGLO returned +11.80% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), DGLO annualized +13.58% vs +27.61% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DGLO or QQQ?
QQQ has been the more volatile fund at 20.4% annualized versus 12.5% for DGLO. Worst drawdown: DGLO -10.5% vs QQQ -12.0%.
Should I hold both DGLO and QQQ?
DGLO and QQQ have a monthly-return correlation of 0.12, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DGLO and QQQ?
3.0% of DGLO's money is in holdings QQQ also owns. 0.6% of QQQ's is in holdings DGLO also owns. They hold 2 positions in common, counted across the 113 positions we hold weights for in DGLO and 102 in QQQ.
Which pays a higher dividend, DGLO or QQQ?
DGLO yields 0.58% while QQQ yields 0.42%, so DGLO currently pays the higher dividend yield.
Is QQQ better than DGLO?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. DGLO is less concentrated, with 21.7% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.