DGT vs QQQ
State Street SPDR Global Dow ETF vs Invesco QQQ Trust, Series 1
Which is better, DGT or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. DGT led over 1Y, QQQ over 3Y, 5Y and the full window. DGT is less concentrated, with 12.0% 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 | DGT | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $639M | $483.5B |
| Dividend Yield | 2.43% | 0.44% |
| Holdings | 177 | 107 |
| YTD Return | +14.06% | +15.18%Best |
| 1Y Return | +21.11%Best | +19.65% |
| 3Y Return (annualized) | +21.41% | +24.60%Best |
| 5Y Return (annualized) | +13.89% | +13.94%Best |
| Volatility (annualized) | 15.5%Best | 22.2% |
| Max Drawdown | -58.3%Best | -77.4% |
| $10,000 over 5 years | $19,161 | $19,204Best |
| Top 10 Weight | 12.0%Best | 46.5% |
| Fund Family | State Street Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Sep 25, 2000 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2000 to Sep 15, 2026 (26 years).
DGT 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 26 years both funds cover.
DGT vs QQQ Performance
State Street SPDR Global Dow ETF (DGT) is an ETF from State Street Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DGT returned +21.11% while QQQ returned +19.65%. Year to date, DGT is up 14.06% versus a gain of 15.18% for QQQ.
Over three years, DGT compounded at +21.41% per year against +24.60% for QQQ; over five years the annualized figures are +13.89% and +13.94% respectively. Across the full 26-year window we track, QQQ has the edge at +8.44% annualized vs +3.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 22.2% compared with 15.5% for DGT. 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 -58.3% for DGT and -77.4% 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DGT charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, DGT currently yields 2.43% against 0.44% for QQQ.
Holdings Overlap
19.3% of DGT's money is in holdings QQQ also owns. 64.1% of QQQ's money is in holdings DGT also owns.
The two portfolios partly overlap.
29 positions in common, counted across the 158 positions we hold weights for in DGT and 102 in QQQ, against full books of 177 and 107.
What only one of them owns
Our book lists 68 positions for QQQ that do not appear in our book for DGT (34.2% of the fund), and 60 for DGT that do not appear in QQQ (38.5%).
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.
Top Shared Holdings
| Stock | Weight in DGT | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.68% | 8.44% | 7.76% |
| AAPLApple, Inc | 0.76% | 7.27% | 6.51% |
| MSFTMicrosoft Corp | 0.56% | 5.76% | 5.20% |
| AMZNAmazon.Com Inc | 0.61% | 4.67% | 4.06% |
| AMDAdvanced Micro Devices Inc | 1.60% | 3.45% | 1.85% |
| INTCIntel Corporation | 1.97% | 2.23% | 0.26% |
| GOOGLAlphabet Inc,class A | 0.43% | 3.36% | 2.93% |
| AVGOBroadcom Inc | 0.54% | 3.16% | 2.62% |
| GOOGAlphabet Inc | 0.34% | 3.13% | 2.79% |
| METAMeta Platforms Inc | 0.42% | 2.78% | 2.36% |
64.1% of QQQ is already inside DGT.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DGT or QQQ?
DGT has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, DGT or QQQ?
Over the past year DGT returned +21.11% vs +19.65% for QQQ, so DGT leads on 1-year performance. Over the longest common window we track (26 years), DGT annualized +3.71% vs +8.44% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DGT or QQQ?
QQQ has been the more volatile fund at 22.2% annualized versus 15.5% for DGT. Worst drawdown: DGT -58.3% vs QQQ -77.4%.
Should I hold both DGT and QQQ?
DGT and QQQ have a monthly-return correlation of 0.77, 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 DGT and QQQ?
64.1% of QQQ's money is in holdings DGT also owns. 64.1% of QQQ's is in holdings DGT also owns. They hold 29 positions in common, counted across the 158 positions we hold weights for in DGT and 102 in QQQ.
Which pays a higher dividend, DGT or QQQ?
DGT yields 2.43% while QQQ yields 0.44%, so DGT currently pays the higher dividend yield.
Is QQQ better than DGT?
QQQ has a lower expense ratio. DGT led over 1Y, QQQ over 3Y, 5Y and the full window. DGT is less concentrated, with 12.0% 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.