DHS vs QQQ
WisdomTree US High Dividend Fund vs Invesco QQQ Trust, Series 1
Which is better, DHS or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. DHS is less concentrated, with 32.9% 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 | DHS | QQQ |
|---|---|---|
| Expense Ratio | 0.38% | 0.18%Best |
| AUM | $1.6B | $483.5B |
| Dividend Yield | 3.24% | 0.44% |
| Holdings | 323 | 107 |
| YTD Return | +17.05%Best | +16.87% |
| 1Y Return | +19.71% | +22.98%Best |
| 3Y Return (annualized) | +17.48% | +24.98%Best |
| 5Y Return (annualized) | +12.15% | +14.39%Best |
| Volatility (annualized) | 15.9%Best | 18.6% |
| Max Drawdown | -69.7% | -53.5%Best |
| $10,000 over 5 years | $17,742 | $19,586Best |
| Top 10 Weight | 32.9%Best | 46.5% |
| Fund Family | WisdomTree Investments | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jun 16, 2006 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 16, 2006 to Sep 11, 2026 (20.2 years).
DHS 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 20.2 years both funds cover.
DHS vs QQQ Performance
WisdomTree US High Dividend Fund (DHS) is an ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DHS returned +19.71% while QQQ returned +22.98%. Year to date, DHS is up 17.05% versus a gain of 16.87% for QQQ.
Over three years, DHS compounded at +17.48% per year against +24.98% for QQQ; over five years the annualized figures are +12.15% and +14.39% respectively. Across the full 20-year window we track, QQQ has the edge at +15.74% annualized vs +5.35%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 15.9% for DHS. 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 -69.7% for DHS and -53.5% 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 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DHS charges 0.38% per year while QQQ charges 0.18%. On a $10,000 position that is $38 vs $18 annually, a gap of $20 per year that compounds over a long holding period. On income, DHS currently yields 3.24% against 0.44% for QQQ.
Holdings Overlap
12.5% of DHS's money is in holdings QQQ also owns. 4.6% of QQQ's money is in holdings DHS also owns.
DHS and QQQ share little of their money.
10 positions in common, counted across the 318 positions we hold weights for in DHS and 102 in QQQ, against full books of 323 and 107.
What only one of them owns
Our book lists 85 positions for QQQ that do not appear in our book for DHS (92.5% of the fund), and 300 for DHS that do not appear in QQQ (86.6%).
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 DHS | Weight in QQQ | Difference |
|---|---|---|---|
| TXNTexas Instruments, Inc | 3.14% | 1.12% | 2.02% |
| PEPPepsico Inc. | 2.05% | 0.83% | 1.22% |
| CMCSAComcast Corp. Class A | 1.77% | 0.39% | 1.38% |
| QCOMQualcomm Inc. | 0.92% | 0.73% | 0.19% |
| PCARPaccar Inc. | 1.14% | 0.31% | 0.83% |
| AEPAmerican Electric Power Co. Inc. | 1.03% | 0.30% | 0.73% |
| MDLZMondelez International Inc. Class A | 0.88% | 0.35% | 0.53% |
| EXCExelon Corp. | 0.76% | 0.21% | 0.55% |
| KHCKraft Heinz Co. | 0.44% | 0.13% | 0.31% |
| MCHPMicrochip Technology Inc. | 0.36% | 0.19% | 0.17% |
You are not choosing between two funds in isolation.
Whichever of DHS 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, DHS or QQQ?
DHS has an expense ratio of 0.38% while QQQ charges 0.18%. QQQ is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, DHS or QQQ?
Over the past year DHS returned +19.71% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), DHS annualized +5.35% vs +15.74% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DHS or QQQ?
QQQ has been the more volatile fund at 18.6% annualized versus 15.9% for DHS. Worst drawdown: DHS -69.7% vs QQQ -53.5%.
Should I hold both DHS and QQQ?
DHS and QQQ have a monthly-return correlation of 0.59, 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 DHS and QQQ?
12.5% of DHS's money is in holdings QQQ also owns. 4.6% of QQQ's is in holdings DHS also owns. They hold 10 positions in common, counted across the 318 positions we hold weights for in DHS and 102 in QQQ.
Which pays a higher dividend, DHS or QQQ?
DHS yields 3.24% while QQQ yields 0.44%, so DHS currently pays the higher dividend yield.
Is QQQ better than DHS?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. DHS is less concentrated, with 32.9% 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.