DSPY vs QQQ
Tema S&P 500 Historical Weight ETF Strategy vs Invesco QQQ Trust, Series 1
Which is better, DSPY or QQQ?
Large Cap Blend against Large Cap Growth.
DSPY led over 1Y, QQQ over the full window.
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 | DSPY | QQQ |
|---|---|---|
| Expense Ratio | 0.18%Tie | 0.18%Tie |
| AUM | $987M | $437.3B |
| Dividend Yield | 0.94% | 0.43% |
| Holdings | 1,016 | 208 |
| YTD Return | +14.81%Best | +12.98% |
| 1Y Return | +15.73%Best | +11.59% |
| 3Y Return (annualized) | - | +23.05% |
| 5Y Return (annualized) | - | +12.74% |
| Volatility (annualized) | 10.1%Best | 20.0% |
| Max Drawdown | -12.2%Best | -14.8% |
| $10,000 over 1.6 years | $13,597 | $14,662Best |
| Fund Family | Tema Global Limited | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 1, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Apr 1, 2025 to Nov 11, 2026 (1.6 years).
DSPY 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 1.6 years both funds cover.
DSPY vs QQQ Performance
Tema S&P 500 Historical Weight ETF Strategy (DSPY) is an ETF from Tema Global Limited and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DSPY returned +15.73% while QQQ returned +11.59%. Year to date, DSPY is up 14.81% versus a gain of 12.98% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 10.1% for DSPY. 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 -12.2% for DSPY and -14.8% 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
DSPY charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, DSPY currently yields 0.94% against 0.43% for QQQ.
You are not choosing between two funds in isolation.
Whichever of DSPY 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, DSPY or QQQ?
DSPY has an expense ratio of 0.18% while QQQ charges 0.18%. At the precision these are quoted to, they cost the same.
Which performed better, DSPY or QQQ?
Over the past year DSPY returned +15.73% vs +11.59% for QQQ, so DSPY leads on 1-year performance. Over the longest common window we track (2 years), DSPY annualized +21.17% vs +27.02% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DSPY or QQQ?
QQQ has been the more volatile fund at 20.0% annualized versus 10.1% for DSPY. Worst drawdown: DSPY -12.2% vs QQQ -14.8%.
Should I hold both DSPY and QQQ?
DSPY 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.
Which pays a higher dividend, DSPY or QQQ?
DSPY yields 0.94% while QQQ yields 0.43%, so DSPY currently pays the higher dividend yield.
Is QQQ better than DSPY?
DSPY led over 1Y, QQQ over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.