DUHP vs QQQ
Dimensional US High Profitability ETF vs Invesco QQQ Trust, Series 1
Which is better, DUHP or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. DUHP is less concentrated, with 41.9% 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 | DUHP | QQQ |
|---|---|---|
| Expense Ratio | 0.20% | 0.18%Best |
| AUM | $12.7B | $483.5B |
| Dividend Yield | 0.92% | 0.44% |
| Holdings | 150 | 107 |
| YTD Return | +10.47% | +16.87%Best |
| 1Y Return | +12.83% | +22.98%Best |
| 3Y Return (annualized) | +17.46% | +24.98%Best |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 15.2%Best | 20.9% |
| Max Drawdown | -20.1%Best | -29.6% |
| $10,000 over 4.5 years | $17,638 | $21,416Best |
| Top 10 Weight | 41.9%Best | 46.5% |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Feb 23, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Feb 24, 2022 to Sep 11, 2026 (4.5 years).
DUHP 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 4.5 years both funds cover.
DUHP vs QQQ Performance
Dimensional US High Profitability ETF (DUHP) is an ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DUHP returned +12.83% while QQQ returned +22.98%. Year to date, DUHP is up 10.47% versus a gain of 16.87% for QQQ.
Over three years, DUHP compounded at +17.46% per year against +24.98% 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 20.9% compared with 15.2% for DUHP. 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 -20.1% for DUHP and -29.6% 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DUHP charges 0.20% per year while QQQ charges 0.18%. On a $10,000 position that is $20 vs $18 annually, a gap of $2 per year that compounds over a long holding period. On income, DUHP currently yields 0.92% against 0.44% for QQQ.
Holdings Overlap
44.8% of DUHP's money is in holdings QQQ also owns. 48.4% of QQQ's money is in holdings DUHP also owns.
The two portfolios partly overlap.
33 positions in common, counted across the 150 positions we hold weights for in DUHP and 102 in QQQ, against full books of 150 and 107.
What only one of them owns
Our book lists 62 positions for QQQ that do not appear in our book for DUHP (48.6% of the fund), and 110 for DUHP that do not appear in QQQ (55.1%).
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 DUHP | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.67% | 8.44% | 0.77% |
| AAPLApple, Inc | 6.89% | 7.27% | 0.38% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.15% | 5.76% | 0.61% |
| MUMicron Technology, Inc. | 2.65% | 4.43% | 1.78% |
| METAMeta Platforms, Inc. | 3.46% | 2.78% | 0.68% |
| LRCXLam Research Corp 3.125 06/15/2060 | 2.18% | 1.69% | 0.49% |
| COSTCostco Wholesale Corp. | 1.25% | 1.84% | 0.59% |
| KLACKla Corp. | 1.45% | 1.11% | 0.34% |
| AMGNAmgen Inc. | 1.46% | 0.97% | 0.49% |
| TXNTexas Instruments, Inc | 1.21% | 1.12% | 0.09% |
48.4% of QQQ is already inside DUHP.
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, DUHP or QQQ?
DUHP has an expense ratio of 0.20% while QQQ charges 0.18%. QQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, DUHP or QQQ?
Over the past year DUHP returned +12.83% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DUHP or QQQ?
QQQ has been the more volatile fund at 20.9% annualized versus 15.2% for DUHP. Worst drawdown: DUHP -20.1% vs QQQ -29.6%.
Should I hold both DUHP and QQQ?
DUHP and QQQ have a monthly-return correlation of 0.83, 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 DUHP and QQQ?
48.4% of QQQ's money is in holdings DUHP also owns. 48.4% of QQQ's is in holdings DUHP also owns. They hold 33 positions in common, counted across the 150 positions we hold weights for in DUHP and 102 in QQQ.
Which pays a higher dividend, DUHP or QQQ?
DUHP yields 0.92% while QQQ yields 0.44%, so DUHP currently pays the higher dividend yield.
Is QQQ better than DUHP?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. DUHP is less concentrated, with 41.9% 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.