DLN vs QQQ
WisdomTree US LargeCap Dividend Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. DLN offers more diversification with 307 holdings.
Side-by-Side Comparison
| Metric | DLN | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.28% | 0.18% | |
| AUM | $6.4B | $496.3B | |
| Dividend Yield | 1.75% | 0.44% | |
| Holdings | 307 | 108 | |
| YTD Return | +14.83% | +17.89% | |
| 1Y Return | +19.95% | +26.35% | |
| 3Y Return (annualized) | +18.91% | +26.02% | |
| 5Y Return (annualized) | +12.40% | +14.59% | |
| Volatility (annualized) | 14.2% | 30.6% | |
| Max Drawdown | -57.8% | -83.0% | |
| Fund Family | WisdomTree Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 16, 2006 | Mar 10, 1999 |
DLN vs QQQ Performance
WisdomTree US LargeCap Dividend Fund (DLN) is a ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DLN returned +19.95% while QQQ returned +26.35%. Year to date, DLN is up 14.83% versus a gain of 17.89% for QQQ.
Over three years, DLN compounded at +18.91% per year against +26.02% for QQQ; over five years the annualized figures are +12.40% and +14.59% respectively. Across the full 20-year window we track, QQQ has the edge at +13.07% annualized vs +9.91%. 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 14.2% for DLN. 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 -57.8% for DLN 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DLN charges 0.28% per year while QQQ charges 0.18%. On a $10,000 position that is $28 vs $18 annually, a gap of $10 per year that compounds over a long holding period. On income, DLN currently yields 1.75% against 0.44% for QQQ.
Holdings Overlap
DLN and QQQ share 48 holdings out of 364 unique holdings combined, representing a 30.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DLN or QQQ?
DLN has an expense ratio of 0.28% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $10 per year of difference.
Which performed better, DLN or QQQ?
Over the past year DLN returned +19.95% vs +26.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), DLN annualized +9.91% vs +13.07% for QQQ. Past performance does not guarantee future results.
Which is riskier, DLN or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 14.2% for DLN. Worst drawdown: DLN -57.8% vs QQQ -83.0%.
Should I hold both DLN and QQQ?
DLN and QQQ have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DLN and QQQ?
DLN and QQQ share 48 common holdings with a 30.0% weight overlap. Combined, they hold 364 unique securities.
Which pays a higher dividend, DLN or QQQ?
DLN yields 1.75% while QQQ yields 0.44%, so DLN currently pays the higher dividend yield.
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