DIVO vs QQQ
Amplify CWP Enhanced Dividend Income ETF vs Invesco QQQ Trust, Series 1
Which is better, DIVO or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 50.7%.
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 | DIVO | QQQ |
|---|---|---|
| Expense Ratio | 0.56% | 0.18%Best |
| AUM | $7.9B | $483.5B |
| Dividend Yield | 6.60% | 0.44% |
| Holdings | 76 | 107 |
| YTD Return | +10.29% | +16.87%Best |
| 1Y Return | +16.28% | +22.98%Best |
| 3Y Return (annualized) | +16.04% | +24.98%Best |
| 5Y Return (annualized) | +11.25% | +14.39%Best |
| Volatility (annualized) | 12.6%Best | 19.2% |
| Max Drawdown | -31.7%Best | -35.1% |
| $10,000 over 5 years | $17,041 | $19,586Best |
| Top 10 Weight | 50.7% | 46.5%Best |
| Fund Family | Amplify ETFs | Invesco (US) |
| Category | Alternative | Equity |
| Style | - | Large Cap Growth |
| Inception | Dec 13, 2016 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Dec 14, 2016 to Sep 11, 2026 (9.7 years).
DIVO 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 9.7 years both funds cover.
DIVO vs QQQ Performance
Amplify CWP Enhanced Dividend Income ETF (DIVO) is an ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DIVO returned +16.28% while QQQ returned +22.98%. Year to date, DIVO is up 10.29% versus a gain of 16.87% for QQQ.
Over three years, DIVO compounded at +16.04% per year against +24.98% for QQQ; over five years the annualized figures are +11.25% and +14.39% respectively. Across the full 10-year window we track, QQQ has the edge at +20.48% annualized vs +10.03%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 12.6% for DIVO. 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 -31.7% for DIVO 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DIVO charges 0.56% per year while QQQ charges 0.18%. On a $10,000 position that is $56 vs $18 annually, a gap of $38 per year that compounds over a long holding period. On income, DIVO currently yields 6.60% against 0.44% for QQQ.
Holdings Overlap
26.5% of DIVO's money is in holdings QQQ also owns. 28.2% of QQQ's money is in holdings DIVO also owns.
QQQ and DIVO share little of their money.
6 positions in common, counted across the 31 positions we hold weights for in DIVO and 102 in QQQ, against full books of 76 and 107.
What only one of them owns
Our book lists 89 positions for QQQ that do not appear in our book for DIVO (68.8% of the fund), and 24 for DIVO that do not appear in QQQ (72.1%).
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.
28.2% of QQQ is already inside DIVO.
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, DIVO or QQQ?
DIVO has an expense ratio of 0.56% while QQQ charges 0.18%. QQQ is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, DIVO or QQQ?
Over the past year DIVO returned +16.28% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (10 years), DIVO annualized +10.03% vs +20.48% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVO or QQQ?
QQQ has been the more volatile fund at 19.2% annualized versus 12.6% for DIVO. Worst drawdown: DIVO -31.7% vs QQQ -35.1%.
Should I hold both DIVO and QQQ?
DIVO and QQQ have a monthly-return correlation of 0.70, 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 DIVO and QQQ?
28.2% of QQQ's money is in holdings DIVO also owns. 28.2% of QQQ's is in holdings DIVO also owns. They hold 6 positions in common, counted across the 31 positions we hold weights for in DIVO and 102 in QQQ.
Which pays a higher dividend, DIVO or QQQ?
DIVO yields 6.60% while QQQ yields 0.44%, so DIVO currently pays the higher dividend yield.
Is QQQ better than DIVO?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 50.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.