DJIA vs QQQ
Global X Dow 30 Covered Call ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | DJIA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.18% | |
| AUM | $192M | $496.3B | |
| Dividend Yield | 10.51% | 0.44% | |
| Holdings | 34 | 108 | |
| YTD Return | +8.72% | +16.64% | |
| 1Y Return | +17.32% | +27.27% | |
| 3Y Return (annualized) | +11.86% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 9.5% | 30.6% | |
| Max Drawdown | -16.9% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 23, 2022 | Mar 10, 1999 |
DJIA vs QQQ Performance
Global X Dow 30 Covered Call ETF (DJIA) is a ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DJIA returned +17.32% while QQQ returned +27.27%. Year to date, DJIA is up 8.72% versus a gain of 16.64% for QQQ.
Over three years, DJIA compounded at +11.86% per year against +25.96% for QQQ. Across the full 5-year window we track, QQQ has the edge at +13.03% annualized vs +8.59%. 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 9.5% for DJIA. 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 -16.9% for DJIA 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DJIA charges 0.60% per year while QQQ charges 0.18%. On a $10,000 position that is $60 vs $18 annually, a gap of $42 per year that compounds over a long holding period. On income, DJIA currently yields 10.51% against 0.44% for QQQ.
Holdings Overlap
DJIA and QQQ share 7 holdings out of 118 unique holdings combined, representing a 13.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DJIA or QQQ?
DJIA has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, DJIA or QQQ?
Over the past year DJIA returned +17.32% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), DJIA annualized +8.59% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, DJIA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.5% for DJIA. Worst drawdown: DJIA -16.9% vs QQQ -83.0%.
Should I hold both DJIA and QQQ?
DJIA and QQQ have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DJIA and QQQ?
DJIA and QQQ share 7 common holdings with a 13.4% weight overlap. Combined, they hold 118 unique securities.
Which pays a higher dividend, DJIA or QQQ?
DJIA yields 10.51% while QQQ yields 0.44%, so DJIA currently pays the higher dividend yield.
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