DIVI vs QQQ
Franklin International Core Dividend Tilt Index ETF vs Invesco QQQ Trust, Series 1
Which is better, DIVI or QQQ?
Large Cap Blend against Large Cap Growth.
DIVI has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. DIVI is less concentrated, with 13.6% 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 | DIVI | QQQ |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.18% |
| AUM | $2.7B | $483.5B |
| Dividend Yield | 3.48% | 0.44% |
| Holdings | 421 | 107 |
| YTD Return | +13.83% | +17.11%Best |
| 1Y Return | +23.69% | +23.99%Best |
| 3Y Return (annualized) | +19.80% | +24.62%Best |
| 5Y Return (annualized) | +13.63% | +14.23%Best |
| Volatility (annualized) | 13.4%Best | 18.9% |
| Max Drawdown | -27.8%Best | -35.1% |
| $10,000 over 5 years | $18,944 | $19,449Best |
| Top 10 Weight | 13.6%Best | 46.5% |
| Fund Family | Franklin Templeton Investments (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jun 1, 2016 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 3, 2016 to Sep 9, 2026 (10.3 years).
DIVI 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 10.3 years both funds cover.
DIVI vs QQQ Performance
Franklin International Core Dividend Tilt Index ETF (DIVI) is an ETF from Franklin Templeton Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DIVI returned +23.69% while QQQ returned +23.99%. Year to date, DIVI is up 13.83% versus a gain of 17.11% for QQQ.
Over three years, DIVI compounded at +19.80% per year against +24.62% for QQQ; over five years the annualized figures are +13.63% and +14.23% respectively. Across the full 10-year window we track, QQQ has the edge at +20.39% annualized vs +7.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 13.4% for DIVI. 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 -27.8% for DIVI and -35.1% 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIVI charges 0.09% per year while QQQ charges 0.18%. On a $10,000 position that is $9 vs $18 annually, a gap of $9 per year that compounds over a long holding period. On income, DIVI currently yields 3.48% against 0.44% for QQQ.
Holdings Overlap
2.9% of DIVI's money is in holdings QQQ also owns. 0.9% of QQQ's money is in holdings DIVI also owns.
DIVI and QQQ share little of their money.
2 positions in common, counted across the 408 positions we hold weights for in DIVI and 102 in QQQ, against full books of 421 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for DIVI (97.0% of the fund), and 7 for DIVI that do not appear in QQQ (1.3%).
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 DIVI 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, DIVI or QQQ?
DIVI has an expense ratio of 0.09% while QQQ charges 0.18%. DIVI is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, DIVI or QQQ?
Over the past year DIVI returned +23.69% vs +23.99% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (10 years), DIVI annualized +7.72% vs +20.39% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVI or QQQ?
QQQ has been the more volatile fund at 18.9% annualized versus 13.4% for DIVI. Worst drawdown: DIVI -27.8% vs QQQ -35.1%.
Should I hold both DIVI and QQQ?
DIVI and QQQ have a monthly-return correlation of 0.61, 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 DIVI and QQQ?
2.9% of DIVI's money is in holdings QQQ also owns. 0.9% of QQQ's is in holdings DIVI also owns. They hold 2 positions in common, counted across the 408 positions we hold weights for in DIVI and 102 in QQQ.
Which pays a higher dividend, DIVI or QQQ?
DIVI yields 3.48% while QQQ yields 0.44%, so DIVI currently pays the higher dividend yield.
Is QQQ better than DIVI?
DIVI has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. DIVI is less concentrated, with 13.6% 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.