Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricDUNKQQQWinner
Expense Ratio0.75%0.18%
AUM$154M$455.8B
Dividend Yield0.00%0.41%
Holdings23108
YTD Return+16.18%+18.20%
1Y Return+12.58%+27.63%
3Y Return (annualized)-+25.54%
5Y Return (annualized)-+15.12%
Volatility (annualized)-30.6%
Max Drawdown-25.6%-83.0%
Fund FamilyDana Investment AdvisorsInvesco (US)
CategoryEquityEquity
InceptionSep 15, 2025Mar 10, 1999

DUNK vs QQQ Performance

Dana Unconstrained Equity ETF (DUNK) is a ETF from Dana Investment Advisors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DUNK returned +12.58% while QQQ returned +27.63%. Year to date, DUNK is up 16.18% versus a gain of 18.20% for QQQ.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -25.6% for DUNK and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

DUNK charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, DUNK currently yields 0.00% against 0.41% for QQQ.

Holdings Overlap

27.3%overlap

DUNK and QQQ share 12 holdings out of 115 unique holdings combined, representing a 27.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DUNKWeight in QQQDifference
NVDA7.06%7.88%0.82%
MSFT7.25%4.65%2.60%
DDOG8.93%0.38%8.55%
AMZNProProPro
SHOP:CAProProPro
DASHProProPro
AVGOProProPro
GOOGLProProPro
AMDProProPro
METAProProPro
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Frequently Asked Questions

Which is cheaper, DUNK or QQQ?

DUNK has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.

Which performed better, DUNK or QQQ?

Over the past year DUNK returned +12.58% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results.

What is the holdings overlap between DUNK and QQQ?

DUNK and QQQ share 12 common holdings with a 27.3% weight overlap. Combined, they hold 115 unique securities.

Which pays a higher dividend, DUNK or QQQ?

DUNK yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.

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