EVSD vs QQQ
Eaton Vance Short Duration Income ETF vs Invesco QQQ Trust, Series 1
Which is better, EVSD or QQQ?
Short Term Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 52.0%.
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 | EVSD | QQQ |
|---|---|---|
| Expense Ratio | 0.24% | 0.18%Best |
| AUM | $535M | $483.5B |
| Dividend Yield | 4.59% | 0.44% |
| Holdings | 28 | 107 |
| YTD Return | +0.85% | +16.87%Best |
| 1Y Return | +2.10% | +22.98%Best |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 1.8%Best | 17.6% |
| Max Drawdown | -1.3%Best | -22.8% |
| $10,000 over 2.2 years | $11,119 | $14,825Best |
| Top 10 Weight | 52.0% | 46.5%Best |
| Fund Family | Eaton Vance | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Short Term Bond | Large Cap Growth |
| Inception | Jun 17, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 17, 2024 to Sep 11, 2026 (2.2 years).
EVSD 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 2.2 years both funds cover.
EVSD vs QQQ Performance
Eaton Vance Short Duration Income ETF (EVSD) is an ETF from Eaton Vance and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EVSD returned +2.10% while QQQ returned +22.98%. Year to date, EVSD is up 0.85% 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 17.6% compared with 1.8% for EVSD. 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 -1.3% for EVSD 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 0.18. They move largely independently of each other.
Fees and Cost Over Time
EVSD charges 0.24% per year while QQQ charges 0.18%. On a $10,000 position that is $24 vs $18 annually, a gap of $6 per year that compounds over a long holding period. On income, EVSD currently yields 4.59% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 27 holdings in EVSD and 102 in QQQ, totalling 99.7% 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 27 positions we hold weights for in EVSD and 102 in QQQ, against full books of 28 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for EVSD (97.0% of the fund), and 0 for EVSD that do not appear in QQQ (0.0%).
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 EVSD 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, EVSD or QQQ?
EVSD has an expense ratio of 0.24% while QQQ charges 0.18%. QQQ is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, EVSD or QQQ?
Over the past year EVSD returned +2.10% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), EVSD annualized +4.94% vs +19.60% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EVSD or QQQ?
QQQ has been the more volatile fund at 17.6% annualized versus 1.8% for EVSD. Worst drawdown: EVSD -1.3% vs QQQ -22.8%.
Should I hold both EVSD and QQQ?
EVSD and QQQ have a monthly-return correlation of 0.18, 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, EVSD or QQQ?
EVSD yields 4.59% while QQQ yields 0.44%, so EVSD currently pays the higher dividend yield.
Is QQQ better than EVSD?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 52.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.