EDIV vs QQQ

EDIV vs QQQ

Which is better, EDIV or QQQ?

Large Cap Value against Large Cap Growth.

QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. EDIV is less concentrated, with 23.2% of the fund in its ten largest positions against 46.5%.

Lower Fees: QQQHigher Returns: QQQLess Concentrated: EDIV

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

MetricEDIVQQQ
Expense Ratio0.49%0.18%Best
AUM$1.2B$486.1B
Dividend Yield4.19%0.44%
Holdings143107
YTD Return+10.02%+17.54%Best
1Y Return+15.06%+25.59%Best
3Y Return (annualized)+16.54%+24.63%Best
5Y Return (annualized)+11.36%+14.18%Best
Volatility (annualized)17.1%Best17.4%
Max Drawdown-64.1%-35.1%Best
$10,000 over 5 years$17,126$19,407Best
Top 10 Weight23.2%Best46.5%
Fund FamilySPDR State Street Global AdvisorsInvesco (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Growth
InceptionFeb 23, 2011Mar 10, 1999

Volatility and max drawdown are measured over the window both funds cover: Feb 24, 2011 to Sep 4, 2026 (15.5 years).

EDIV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

EDIV vs QQQ Performance

State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) is an ETF from SPDR State Street Global Advisors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EDIV returned +15.06% while QQQ returned +25.59%. Year to date, EDIV is up 10.02% versus a gain of 17.54% for QQQ.

Over three years, EDIV compounded at +16.54% per year against +24.63% for QQQ; over five years the annualized figures are +11.36% and +14.18% respectively. Across the full 16-year window we track, QQQ has the edge at +18.00% annualized vs +0.40%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 17.1% for EDIV. 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 -64.1% for EDIV 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 0.51. They move together some of the time, and apart the rest.

Fees and Cost Over Time

EDIV charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, EDIV currently yields 4.19% against 0.44% for QQQ.

Holdings Overlap

We hold position weights for 105 holdings in EDIV and 102 in QQQ, totalling 99.1% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 105 positions we hold weights for in EDIV and 102 in QQQ, against full books of 143 and 107.

What only one of them owns

Our book lists 96 positions for QQQ that do not appear in our book for EDIV (97.5% of the fund), and 2 for EDIV that do not appear in QQQ (0.9%).

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.

You are not choosing between two funds in isolation.

Whichever of EDIV and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

EDIVQQQ

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, EDIV or QQQ?

EDIV has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.

Which performed better, EDIV or QQQ?

Over the past year EDIV returned +15.06% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (16 years), EDIV annualized +0.40% vs +18.00% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, EDIV or QQQ?

QQQ has been the more volatile fund at 17.4% annualized versus 17.1% for EDIV. Worst drawdown: EDIV -64.1% vs QQQ -35.1%.

Should I hold both EDIV and QQQ?

EDIV and QQQ have a monthly-return correlation of 0.51, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, EDIV or QQQ?

EDIV yields 4.19% while QQQ yields 0.44%, so EDIV currently pays the higher dividend yield.

Is QQQ better than EDIV?

QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. EDIV is less concentrated, with 23.2% 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.