DVXE vs QQQ

Quick Verdict

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

Lower Fees: QQQHigher Returns: DVXEMore Diversified: QQQ

Side-by-Side Comparison

MetricDVXEQQQWinner
Expense Ratio0.89%0.18%
AUM$587,553$455.8B
Dividend Yield0.00%0.41%
Holdings4108
YTD Return+49.88%+18.31%
1Y Return+76.53%+25.37%
3Y Return (annualized)-+25.79%
5Y Return (annualized)-+15.20%
Volatility (annualized)32.7%30.6%
Max Drawdown-21.8%-83.0%
Fund FamilyWEBs InvestmentsInvesco (US)
CategoryEquityEquity
InceptionJul 22, 2025Mar 10, 1999

DVXE vs QQQ Performance

WEBs Energy XLE Defined Volatility ETF (DVXE) is a ETF from WEBs Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DVXE returned +76.53% while QQQ returned +25.37%. Year to date, DVXE is up 49.88% versus a gain of 18.31% for QQQ.

Risk: Volatility and Drawdowns

DVXE has been the more volatile fund, with annualized monthly volatility of 32.7% compared with 30.6% 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 -21.8% for DVXE 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 -0.72. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DVXE charges 0.89% per year while QQQ charges 0.18%. On a $10,000 position that is $89 vs $18 annually, a gap of $71 per year that compounds over a long holding period. On income, DVXE currently yields 0.00% against 0.41% for QQQ.

Holdings Overlap

0.0%overlap

DVXE and QQQ share 0 holdings out of 104 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, DVXE or QQQ?

DVXE has an expense ratio of 0.89% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $71 per year of difference.

Which performed better, DVXE or QQQ?

Over the past year DVXE returned +76.53% vs +25.37% for QQQ, so DVXE leads on 1-year performance. Over the longest common window we track (1 years), DVXE annualized +64.23% vs +13.10% for QQQ. Past performance does not guarantee future results.

Which is riskier, DVXE or QQQ?

DVXE has been the more volatile fund at 32.7% annualized versus 30.6% for QQQ. Worst drawdown: DVXE -21.8% vs QQQ -83.0%.

Should I hold both DVXE and QQQ?

DVXE and QQQ have a monthly-return correlation of -0.72, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DVXE and QQQ?

DVXE and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.

Which pays a higher dividend, DVXE or QQQ?

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

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.