DJD vs QQQ
Invesco Dow Jones Industrial Average Dividend ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
DJD has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | DJD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.18% | |
| AUM | $502M | $496.3B | |
| Dividend Yield | 2.43% | 0.44% | |
| Holdings | 30 | 108 | |
| YTD Return | +16.16% | +16.23% | |
| 1Y Return | +23.43% | +26.23% | |
| 3Y Return (annualized) | +18.55% | +25.75% | |
| 5Y Return (annualized) | +11.49% | +14.78% | |
| Volatility (annualized) | 14.4% | 30.6% | |
| Max Drawdown | -35.4% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 16, 2015 | Mar 10, 1999 |
DJD vs QQQ Performance
Invesco Dow Jones Industrial Average Dividend ETF (DJD) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DJD returned +23.43% while QQQ returned +26.23%. Year to date, DJD is up 16.16% versus a gain of 16.23% for QQQ.
Over three years, DJD compounded at +18.55% per year against +25.75% for QQQ; over five years the annualized figures are +11.49% and +14.78% respectively. Across the full 11-year window we track, QQQ has the edge at +13.02% annualized vs +10.85%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 14.4% for DJD. 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 -35.4% for DJD and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DJD charges 0.07% per year while QQQ charges 0.18%. On a $10,000 position that is $7 vs $18 annually, a gap of $11 per year that compounds over a long holding period. On income, DJD currently yields 2.43% against 0.44% for QQQ.
Holdings Overlap
DJD and QQQ share 8 holdings out of 122 unique holdings combined, representing a 7.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DJD or QQQ?
DJD has an expense ratio of 0.07% while QQQ charges 0.18%. DJD is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, DJD or QQQ?
Over the past year DJD returned +23.43% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), DJD annualized +10.85% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, DJD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 14.4% for DJD. Worst drawdown: DJD -35.4% vs QQQ -83.0%.
Should I hold both DJD and QQQ?
DJD and QQQ have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DJD and QQQ?
DJD and QQQ share 8 common holdings with a 7.6% weight overlap. Combined, they hold 122 unique securities.
Which pays a higher dividend, DJD or QQQ?
DJD yields 2.43% while QQQ yields 0.44%, so DJD currently pays the higher dividend yield.
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