DOL vs QQQ
WisdomTree True Developed International Fund vs Invesco QQQ Trust, Series 1
Which is better, DOL or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. DOL led over 1Y, QQQ over 3Y, 5Y and the full window. DOL is less concentrated, with 19.5% 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 | DOL | QQQ |
|---|---|---|
| Expense Ratio | 0.48% | 0.18%Best |
| AUM | $855M | $483.5B |
| Dividend Yield | 2.41% | 0.44% |
| Holdings | 317 | 107 |
| YTD Return | +17.01% | +21.22%Best |
| 1Y Return | +26.70%Best | +23.58% |
| 3Y Return (annualized) | +21.67% | +28.18%Best |
| 5Y Return (annualized) | +13.42% | +15.82%Best |
| Volatility (annualized) | 17.0%Best | 18.6% |
| Max Drawdown | -63.9% | -53.5%Best |
| $10,000 over 5 years | $18,769 | $20,841Best |
| Top 10 Weight | 19.5%Best | 46.5% |
| Fund Family | WisdomTree Investments | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jun 16, 2006 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 16, 2006 to Sep 21, 2026 (20.3 years).
DOL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
DOL vs QQQ Performance
WisdomTree True Developed International Fund (DOL) is an ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DOL returned +26.70% while QQQ returned +23.58%. Year to date, DOL is up 17.01% versus a gain of 21.22% for QQQ.
Over three years, DOL compounded at +21.67% per year against +28.18% for QQQ; over five years the annualized figures are +13.42% and +15.82% respectively. Across the full 20-year window we track, QQQ has the edge at +15.92% annualized vs +3.14%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 17.0% for DOL. 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 -63.9% for DOL and -53.5% 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DOL charges 0.48% per year while QQQ charges 0.18%. On a $10,000 position that is $48 vs $18 annually, a gap of $30 per year that compounds over a long holding period. On income, DOL currently yields 2.41% against 0.44% for QQQ.
Holdings Overlap
0.4% of DOL's money is in holdings QQQ also owns. 0.4% of QQQ's money is in holdings DOL also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 295 positions we hold weights for in DOL and 102 in QQQ, against full books of 317 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for DOL (97.5% of the fund), and 13 for DOL that do not appear in QQQ (4.9%).
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 DOL 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, DOL or QQQ?
DOL has an expense ratio of 0.48% while QQQ charges 0.18%. QQQ is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, DOL or QQQ?
Over the past year DOL returned +26.70% vs +23.58% for QQQ, so DOL leads on 1-year performance. Over the longest common window we track (20 years), DOL annualized +3.14% vs +15.92% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DOL or QQQ?
QQQ has been the more volatile fund at 18.6% annualized versus 17.0% for DOL. Worst drawdown: DOL -63.9% vs QQQ -53.5%.
Should I hold both DOL and QQQ?
DOL and QQQ have a monthly-return correlation of 0.71, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DOL or QQQ?
DOL yields 2.41% while QQQ yields 0.44%, so DOL currently pays the higher dividend yield.
Is QQQ better than DOL?
QQQ has a lower expense ratio. DOL led over 1Y, QQQ over 3Y, 5Y and the full window. DOL is less concentrated, with 19.5% 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.