DRIV vs QQQ
Global X Autonomous & Electric Vehicles ETF vs Invesco QQQ Trust, Series 1
Which is better, DRIV or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. DRIV led over 1Y, QQQ over 3Y, 5Y and the full window. DRIV is less concentrated, with 25.3% 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 | DRIV | QQQ |
|---|---|---|
| Expense Ratio | 0.68% | 0.18%Best |
| AUM | $374M | $486.1B |
| Dividend Yield | 0.65% | 0.44% |
| Holdings | 77 | 107 |
| YTD Return | +14.18% | +17.44%Best |
| 1Y Return | +32.98%Best | +24.69% |
| 3Y Return (annualized) | +14.01% | +24.76%Best |
| 5Y Return (annualized) | +5.46% | +14.22%Best |
| Volatility (annualized) | 27.5% | 20.3%Best |
| Max Drawdown | -41.9% | -35.1%Best |
| $10,000 over 5 years | $13,045 | $19,441Best |
| Top 10 Weight | 25.3%Best | 46.5% |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 13, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Apr 17, 2018 to Sep 8, 2026 (8.4 years).
DRIV 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 covers the 8.4 years both funds cover.
DRIV vs QQQ Performance
Global X Autonomous & Electric Vehicles ETF (DRIV) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DRIV returned +32.98% while QQQ returned +24.69%. Year to date, DRIV is up 14.18% versus a gain of 17.44% for QQQ.
Over three years, DRIV compounded at +14.01% per year against +24.76% for QQQ; over five years the annualized figures are +5.46% and +14.22% respectively. Across the full 8-year window we track, QQQ has the edge at +19.52% annualized vs +11.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DRIV has been the more volatile fund, with annualized monthly volatility of 27.5% compared with 20.3% for QQQ. 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 -35.1% 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 0.85. 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 0.65% against 0.44% for QQQ.
Holdings Overlap
18.9% of DRIV's money is in holdings QQQ also owns. 23.3% of QQQ's money is in holdings DRIV also owns.
QQQ and DRIV share little of their money.
7 positions in common, counted across the 74 positions we hold weights for in DRIV and 102 in QQQ, against full books of 77 and 107.
What only one of them owns
Our book lists 87 positions for QQQ that do not appear in our book for DRIV (73.5% of the fund), and 28 for DRIV that do not appear in QQQ (34.3%).
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.
Top Shared Holdings
| Stock | Weight in DRIV | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 2.99% | 8.44% | 5.45% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 3.73% | 5.76% | 2.03% |
| GOOGL Alphabet Inc. Class A | 3.05% | 3.36% | 0.31% |
| INTCIntel Corp. | 2.93% | 2.23% | 0.70% |
| TSLATesla Motors Inc | 2.49% | 2.56% | 0.07% |
| QCOMQualcomm | 2.31% | 0.73% | 1.58% |
| NXPINxp Semiconductors N.V. Common Stock | 1.38% | 0.26% | 1.12% |
23.3% of QQQ is already inside DRIV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $50 a year on a $10,000 investment.
Which performed better, DRIV or QQQ?
Over the past year DRIV returned +32.98% vs +24.69% for QQQ, so DRIV leads on 1-year performance. Over the longest common window we track (8 years), DRIV annualized +11.13% vs +19.52% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DRIV or QQQ?
DRIV has been the more volatile fund at 27.5% annualized versus 20.3% for QQQ. Worst drawdown: DRIV -41.9% vs QQQ -35.1%.
Should I hold both DRIV and QQQ?
DRIV and QQQ have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DRIV and QQQ?
23.3% of QQQ's money is in holdings DRIV also owns. 23.3% of QQQ's is in holdings DRIV also owns. They hold 7 positions in common, counted across the 74 positions we hold weights for in DRIV and 102 in QQQ.
Which pays a higher dividend, DRIV or QQQ?
DRIV yields 0.65% while QQQ yields 0.44%, so DRIV currently pays the higher dividend yield.
Is QQQ better than DRIV?
QQQ has a lower expense ratio. DRIV led over 1Y, QQQ over 3Y, 5Y and the full window. DRIV is less concentrated, with 25.3% 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.