DXUV vs QQQ
Dimensional US Vector Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, DXUV or QQQ?
Mid Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. DXUV is less concentrated, with 23.4% 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 | DXUV | QQQ |
|---|---|---|
| Expense Ratio | 0.25% | 0.18%Best |
| AUM | $575M | $483.5B |
| Dividend Yield | 0.97% | 0.44% |
| Holdings | 2,030 | 107 |
| YTD Return | +15.10% | +16.87%Best |
| 1Y Return | +19.17% | +22.98%Best |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 12.8%Best | 18.6% |
| Max Drawdown | -21.1%Best | -22.8% |
| $10,000 over 2 years | $13,905 | $15,279Best |
| Top 10 Weight | 23.4%Best | 46.5% |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Growth |
| Inception | Sep 13, 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 11, 2026 (2 years).
DXUV 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.
DXUV vs QQQ Performance
Dimensional US Vector Equity ETF (DXUV) is an ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DXUV returned +19.17% while QQQ returned +22.98%. Year to date, DXUV is up 15.10% versus a gain of 16.87% 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 12.8% for DXUV. 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 -21.1% for DXUV 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DXUV charges 0.25% per year while QQQ charges 0.18%. On a $10,000 position that is $25 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, DXUV currently yields 0.97% against 0.44% for QQQ.
Holdings Overlap
29.6% of DXUV's money is in holdings QQQ also owns. 79.1% of QQQ's money is in holdings DXUV also owns.
Most of QQQ is already inside DXUV. Owning both mostly buys the same companies twice.
68 positions in common, counted across the 2,030 positions we hold weights for in DXUV and 102 in QQQ, against full books of 2,030 and 107.
What only one of them owns
Our book lists 27 positions for QQQ that do not appear in our book for DXUV (17.9% of the fund), and 1,327 for DXUV that do not appear in QQQ (67.4%).
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 DXUV | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 4.84% | 8.44% | 3.60% |
| AAPLApple, Inc | 4.24% | 7.27% | 3.03% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.92% | 5.76% | 0.84% |
| AMZNAmazon.Com Inc | 2.57% | 4.67% | 2.10% |
| MUMicron Technology, Inc. | 0.95% | 4.43% | 3.48% |
| METAMeta Platforms, Inc. | 1.87% | 2.78% | 0.91% |
| GOOGLAlphabet A Usd 0.001 | 1.27% | 3.36% | 2.09% |
| GOOGAlphabet Inc | 1.08% | 3.13% | 2.05% |
| AVGOBroadcom Inc | 0.82% | 3.16% | 2.34% |
| WMTWalmart, Inc. | 0.32% | 2.41% | 2.09% |
79.1% of QQQ is already inside DXUV.
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, DXUV or QQQ?
DXUV has an expense ratio of 0.25% while QQQ charges 0.18%. QQQ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, DXUV or QQQ?
Over the past year DXUV returned +19.17% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), DXUV annualized +17.92% vs +23.61% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DXUV or QQQ?
QQQ has been the more volatile fund at 18.6% annualized versus 12.8% for DXUV. Worst drawdown: DXUV -21.1% vs QQQ -22.8%.
Should I hold both DXUV and QQQ?
DXUV and QQQ have a monthly-return correlation of 0.71, 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 DXUV and QQQ?
79.1% of QQQ's money is in holdings DXUV also owns. 79.1% of QQQ's is in holdings DXUV also owns. They hold 68 positions in common, counted across the 2,030 positions we hold weights for in DXUV and 102 in QQQ.
Which pays a higher dividend, DXUV or QQQ?
DXUV yields 0.97% while QQQ yields 0.44%, so DXUV currently pays the higher dividend yield.
Is QQQ better than DXUV?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. DXUV is less concentrated, with 23.4% 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.