DVQQ vs QQQ
WEBs QQQ Defined Volatility ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. DVQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | DVQQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.94% | 0.18% | |
| AUM | $2M | $496.3B | |
| Dividend Yield | 0.03% | 0.44% | |
| Holdings | 4 | 108 | |
| YTD Return | +14.97% | +16.64% | |
| 1Y Return | +27.75% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 23.4% | 30.6% | |
| Max Drawdown | -25.1% | -83.0% | |
| Fund Family | WEBs Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 16, 2024 | Mar 10, 1999 |
DVQQ vs QQQ Performance
WEBs QQQ Defined Volatility ETF (DVQQ) is a ETF from WEBs Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DVQQ returned +27.75% while QQQ returned +27.27%. Year to date, DVQQ is up 14.97% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 23.4% for DVQQ. 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 -25.1% for DVQQ 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DVQQ charges 0.94% per year while QQQ charges 0.18%. On a $10,000 position that is $94 vs $18 annually, a gap of $76 per year that compounds over a long holding period. On income, DVQQ currently yields 0.03% against 0.44% for QQQ.
Holdings Overlap
DVQQ and QQQ share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DVQQ or QQQ?
DVQQ has an expense ratio of 0.94% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, DVQQ or QQQ?
Over the past year DVQQ returned +27.75% vs +27.27% for QQQ, so DVQQ leads on 1-year performance. Over the longest common window we track (2 years), DVQQ annualized +14.15% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, DVQQ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 23.4% for DVQQ. Worst drawdown: DVQQ -25.1% vs QQQ -83.0%.
Should I hold both DVQQ and QQQ?
DVQQ and QQQ have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between DVQQ and QQQ?
DVQQ and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, DVQQ or QQQ?
DVQQ yields 0.03% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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