DXIV vs QQQ
Dimensional International Vector Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, DXIV or QQQ?
Mid Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. DXIV led over 1Y and the full window. DXIV is less concentrated, with 6.9% 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 | DXIV | QQQ |
|---|---|---|
| Expense Ratio | 0.30% | 0.18%Best |
| AUM | $222M | $483.5B |
| Dividend Yield | 2.28% | 0.44% |
| Holdings | 2,695 | 107 |
| YTD Return | +14.21% | +15.94%Best |
| 1Y Return | +22.23%Best | +20.44% |
| 3Y Return (annualized) | - | +24.86% |
| 5Y Return (annualized) | - | +14.26% |
| Volatility (annualized) | 12.2%Best | 18.6% |
| Max Drawdown | -13.7%Best | -22.8% |
| $10,000 over 2 years | $15,287Best | $15,131 |
| Top 10 Weight | 6.9%Best | 46.5% |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Growth |
| Inception | Sep 10, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 12, 2024 to Sep 14, 2026 (2 years).
DXIV 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 2 years both funds cover.
DXIV vs QQQ Performance
Dimensional International Vector Equity ETF (DXIV) is an ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DXIV returned +22.23% while QQQ returned +20.44%. Year to date, DXIV is up 14.21% versus a gain of 15.94% 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 18.6% compared with 12.2% for DXIV. 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 -13.7% for DXIV and -22.8% 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 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DXIV charges 0.30% per year while QQQ charges 0.18%. On a $10,000 position that is $30 vs $18 annually, a gap of $12 per year that compounds over a long holding period. On income, DXIV currently yields 2.28% against 0.44% for QQQ.
Holdings Overlap
1.1% of DXIV's money is in holdings QQQ also owns. 0.9% of QQQ's money is in holdings DXIV also owns.
DXIV and QQQ share little of their money.
2 positions in common, counted across the 2,681 positions we hold weights for in DXIV and 102 in QQQ, against full books of 2,695 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for DXIV (97.5% of the fund), and 30 for DXIV that do not appear in QQQ (3.0%).
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.
You are not choosing between two funds in isolation.
Whichever of DXIV 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, DXIV or QQQ?
DXIV has an expense ratio of 0.30% while QQQ charges 0.18%. QQQ is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, DXIV or QQQ?
Over the past year DXIV returned +22.23% vs +20.44% for QQQ, so DXIV leads on 1-year performance. Over the longest common window we track (2 years), DXIV annualized +23.64% vs +23.01% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DXIV or QQQ?
QQQ has been the more volatile fund at 18.6% annualized versus 12.2% for DXIV. Worst drawdown: DXIV -13.7% vs QQQ -22.8%.
Should I hold both DXIV and QQQ?
DXIV and QQQ have a monthly-return correlation of 0.30, 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 DXIV and QQQ?
1.1% of DXIV's money is in holdings QQQ also owns. 0.9% of QQQ's is in holdings DXIV also owns. They hold 2 positions in common, counted across the 2,681 positions we hold weights for in DXIV and 102 in QQQ.
Which pays a higher dividend, DXIV or QQQ?
DXIV yields 2.28% while QQQ yields 0.44%, so DXIV currently pays the higher dividend yield.
Is QQQ better than DXIV?
QQQ has a lower expense ratio. DXIV led over 1Y and the full window. DXIV is less concentrated, with 6.9% 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.