DRIV vs QQQ
Global X Autonomous & Electric Vehicles ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. DRIV delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | DRIV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.18% | |
| AUM | $380M | $455.8B | |
| Dividend Yield | 0.57% | 0.41% | |
| Holdings | 79 | 108 | |
| YTD Return | +18.16% | +18.31% | |
| 1Y Return | +40.62% | +25.37% | |
| 3Y Return (annualized) | +14.61% | +25.79% | |
| 5Y Return (annualized) | +5.60% | +15.20% | |
| Volatility (annualized) | 27.7% | 30.6% | |
| Max Drawdown | -41.9% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Apr 13, 2018 | Mar 10, 1999 |
DRIV vs QQQ Performance
Global X Autonomous & Electric Vehicles ETF (DRIV) 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 DRIV returned +40.62% while QQQ returned +25.37%. Year to date, DRIV is up 18.16% versus a gain of 18.31% for QQQ.
Over three years, DRIV compounded at +14.61% per year against +25.79% for QQQ; over five years the annualized figures are +5.60% and +15.20% respectively. Across the full 8-year window we track, QQQ has the edge at +13.10% annualized vs +11.69%. 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 27.7% for DRIV. 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 -41.9% for DRIV 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DRIV charges 0.68% per year while QQQ charges 0.18%. On a $10,000 position that is $68 vs $18 annually, a gap of $50 per year that compounds over a long holding period. On income, DRIV currently yields 0.57% against 0.41% for QQQ.
Holdings Overlap
DRIV and QQQ share 8 holdings out of 170 unique holdings combined, representing a 13.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DRIV or QQQ?
DRIV has an expense ratio of 0.68% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, DRIV or QQQ?
Over the past year DRIV returned +40.62% vs +25.37% for QQQ, so DRIV leads on 1-year performance. Over the longest common window we track (8 years), DRIV annualized +11.69% vs +13.10% for QQQ. Past performance does not guarantee future results.
Which is riskier, DRIV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 27.7% for DRIV. Worst drawdown: DRIV -41.9% vs QQQ -83.0%.
Should I hold both DRIV and QQQ?
DRIV and QQQ have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DRIV and QQQ?
DRIV and QQQ share 8 common holdings with a 13.9% weight overlap. Combined, they hold 170 unique securities.
Which pays a higher dividend, DRIV or QQQ?
DRIV yields 0.57% while QQQ yields 0.41%, so DRIV currently pays the higher dividend yield.
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