HIDV vs QQQ
AB US High Dividend ETF vs Invesco QQQ Trust, Series 1
Which is better, HIDV or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. HIDV is less concentrated, with 34.3% 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 | HIDV | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $204M | $483.5B |
| Dividend Yield | 2.23% | 0.44% |
| Holdings | 107 | 107 |
| YTD Return | +13.65% | +21.22%Best |
| 1Y Return | +17.41% | +23.58%Best |
| 3Y Return (annualized) | +22.18% | +28.18%Best |
| 5Y Return (annualized) | - | +15.82% |
| Volatility (annualized) | 12.4%Best | 17.0% |
| Max Drawdown | -18.8%Best | -22.8% |
| $10,000 over 3.5 years | $20,155 | $24,667Best |
| Top 10 Weight | 34.3%Best | 46.5% |
| Fund Family | AllianceBernstein L.P. | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Mar 22, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Mar 22, 2023 to Sep 21, 2026 (3.5 years).
HIDV 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 3.5 years both funds cover.
HIDV vs QQQ Performance
AB US High Dividend ETF (HIDV) is an ETF from AllianceBernstein L.P. and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HIDV returned +17.41% while QQQ returned +23.58%. Year to date, HIDV is up 13.65% versus a gain of 21.22% for QQQ.
Over three years, HIDV compounded at +22.18% per year against +28.18% for QQQ. Across the full 4-year window we track, QQQ has the edge at +29.43% annualized vs +22.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 12.4% for HIDV. 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 -18.8% for HIDV 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HIDV 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, HIDV currently yields 2.23% against 0.44% for QQQ.
Holdings Overlap
44.0% of HIDV's money is in holdings QQQ also owns. 60.1% of QQQ's money is in holdings HIDV also owns.
The two portfolios partly overlap.
21 positions in common, counted across the 105 positions we hold weights for in HIDV and 102 in QQQ, against full books of 107 and 107.
What only one of them owns
Our book lists 75 positions for QQQ that do not appear in our book for HIDV (37.5% of the fund), and 78 for HIDV that do not appear in QQQ (52.3%).
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 HIDV | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.91% | 8.44% | 0.53% |
| AAPLApple, Inc | 6.50% | 7.27% | 0.77% |
| MSFTMicrosoft Corp | 4.99% | 5.76% | 0.77% |
| AMZNAmazon.Com Inc | 3.10% | 4.67% | 1.57% |
| MUMicron Technology, Inc. | 2.43% | 4.43% | 2.00% |
| GOOGLAlphabet Inc,class A | 3.04% | 3.36% | 0.32% |
| AVGOBroadcom Inc | 1.94% | 3.16% | 1.22% |
| GOOGAlphabet Inc | 1.64% | 3.13% | 1.49% |
| METAMeta Platforms Inc | 1.20% | 2.78% | 1.58% |
| AMDAdvanced Micro Devices Inc | 0.44% | 3.45% | 3.01% |
60.1% of QQQ is already inside HIDV.
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, HIDV or QQQ?
HIDV has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, HIDV or QQQ?
Over the past year HIDV returned +17.41% vs +23.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), HIDV annualized +22.17% vs +29.43% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIDV or QQQ?
QQQ has been the more volatile fund at 17.0% annualized versus 12.4% for HIDV. Worst drawdown: HIDV -18.8% vs QQQ -22.8%.
Should I hold both HIDV and QQQ?
HIDV and QQQ have a monthly-return correlation of 0.77, 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 HIDV and QQQ?
60.1% of QQQ's money is in holdings HIDV also owns. 60.1% of QQQ's is in holdings HIDV also owns. They hold 21 positions in common, counted across the 105 positions we hold weights for in HIDV and 102 in QQQ.
Which pays a higher dividend, HIDV or QQQ?
HIDV yields 2.23% while QQQ yields 0.44%, so HIDV currently pays the higher dividend yield.
Is QQQ better than HIDV?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. HIDV is less concentrated, with 34.3% 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.