DYLG vs QQQ
Global X Dow 30 Covered Call & Growth ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | DYLG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.18% | |
| AUM | $6M | $496.3B | |
| Dividend Yield | 9.26% | 0.44% | |
| Holdings | 34 | 108 | |
| YTD Return | +10.45% | +16.19% | |
| 1Y Return | +18.52% | +25.22% | |
| 3Y Return (annualized) | +14.66% | +25.47% | |
| 5Y Return (annualized) | - | +14.34% | |
| Volatility (annualized) | 9.3% | 30.6% | |
| Max Drawdown | -14.2% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 25, 2023 | Mar 10, 1999 |
DYLG vs QQQ Performance
Global X Dow 30 Covered Call & Growth ETF (DYLG) is a ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DYLG returned +18.52% while QQQ returned +25.22%. Year to date, DYLG is up 10.45% versus a gain of 16.19% for QQQ.
Over three years, DYLG compounded at +14.66% per year against +25.47% for QQQ. Across the full 3-year window we track, DYLG has the edge at +13.55% annualized vs +13.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.3% for DYLG. 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 -14.2% for DYLG 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DYLG charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, DYLG currently yields 9.26% against 0.44% for QQQ.
Holdings Overlap
DYLG and QQQ share 7 holdings out of 118 unique holdings combined, representing a 13.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DYLG or QQQ?
DYLG has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, DYLG or QQQ?
Over the past year DYLG returned +18.52% vs +25.22% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), DYLG annualized +13.55% vs +13.01% for QQQ. Past performance does not guarantee future results.
Which is riskier, DYLG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.3% for DYLG. Worst drawdown: DYLG -14.2% vs QQQ -83.0%.
Should I hold both DYLG and QQQ?
DYLG and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DYLG and QQQ?
DYLG and QQQ share 7 common holdings with a 13.3% weight overlap. Combined, they hold 118 unique securities.
Which pays a higher dividend, DYLG or QQQ?
DYLG yields 9.26% while QQQ yields 0.44%, so DYLG currently pays the higher dividend yield.
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