DYLD vs QQQ
LeaderShares Dynamic Yield ETF vs Invesco QQQ Trust, Series 1
Which is better, DYLD or QQQ?
Diversified Sectoral Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 57.5%.
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 | DYLD | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $39M | $483.5B |
| Dividend Yield | 4.25% | 0.44% |
| Holdings | 174 | 107 |
| YTD Return | +0.87% | +17.95%Best |
| 1Y Return | +1.41% | +21.77%Best |
| 3Y Return (annualized) | +4.43% | +25.63%Best |
| 5Y Return (annualized) | +0.54% | +15.24%Best |
| Volatility (annualized) | 4.9%Best | 20.6% |
| Max Drawdown | -15.0%Best | -35.1% |
| $10,000 over 5 years | $10,273 | $20,324Best |
| Top 10 Weight | 57.5% | 46.5%Best |
| Fund Family | LeaderShares | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Growth |
| Inception | Jun 28, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2021 to Sep 18, 2026 (5.2 years).
DYLD 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 5.2 years both funds cover.
DYLD vs QQQ Performance
LeaderShares Dynamic Yield ETF (DYLD) is an ETF from LeaderShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DYLD returned +1.41% while QQQ returned +21.77%. Year to date, DYLD is up 0.87% versus a gain of 17.95% for QQQ.
Over three years, DYLD compounded at +4.43% per year against +25.63% for QQQ; over five years the annualized figures are +0.54% and +15.24% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 4.9% for DYLD. 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 -15.0% for DYLD and -35.1% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DYLD 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, DYLD currently yields 4.25% against 0.44% for QQQ.
Holdings Overlap
31.6% of DYLD's money is in holdings QQQ also owns. 32.0% of QQQ's money is in holdings DYLD also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 33 positions we hold weights for in DYLD and 102 in QQQ, against full books of 174 and 107.
What only one of them owns
Our book lists 87 positions for QQQ that do not appear in our book for DYLD (65.5% of the fund), and 20 for DYLD that do not appear in QQQ (65.9%).
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 DYLD | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 8.61% | 7.27% | 1.34% |
| NVDANvidia Corp | 3.81% | 8.44% | 4.63% |
| AMGNAmgen Inc. | 9.36% | 0.97% | 8.39% |
| MSFTMicrosoft Corp | 1.98% | 5.76% | 3.78% |
| AMATApplied Materials, Inc. | 4.97% | 1.86% | 3.11% |
| GOOGLAlphabet Inc,class A | 0.00% | 3.36% | 3.36% |
| GOOGAlphabet Inc | 0.00% | 3.13% | 3.13% |
| CSXCsx Corp. | 2.37% | 0.42% | 1.95% |
| STXSeagate Technology Holdings Plc | 0.50% | 0.83% | 0.33% |
32.0% of QQQ is already inside DYLD.
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, DYLD or QQQ?
DYLD has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, DYLD or QQQ?
Over the past year DYLD returned +1.41% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DYLD or QQQ?
QQQ has been the more volatile fund at 20.6% annualized versus 4.9% for DYLD. Worst drawdown: DYLD -15.0% vs QQQ -35.1%.
Should I hold both DYLD and QQQ?
DYLD and QQQ have a monthly-return correlation of 0.69, 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 DYLD and QQQ?
32.0% of QQQ's money is in holdings DYLD also owns. 32.0% of QQQ's is in holdings DYLD also owns. They hold 9 positions in common, counted across the 33 positions we hold weights for in DYLD and 102 in QQQ.
Which pays a higher dividend, DYLD or QQQ?
DYLD yields 4.25% while QQQ yields 0.44%, so DYLD currently pays the higher dividend yield.
Is QQQ better than DYLD?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 57.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.