HYDB vs QQQ
iShares High Yield Systematic Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, HYDB or QQQ?
High Yield Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | HYDB | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $1.6B | $483.5B |
| Dividend Yield | 6.96% | 0.44% |
| Holdings | 254 | 107 |
| YTD Return | -3.25% | +15.94%Best |
| 1Y Return | -2.64% | +20.44%Best |
| 3Y Return (annualized) | +6.56% | +24.86%Best |
| 5Y Return (annualized) | +3.22% | +14.26%Best |
| Volatility (annualized) | 7.7%Best | 19.7% |
| Max Drawdown | -21.6%Best | -35.1% |
| $10,000 over 5 years | $11,717 | $19,475Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Growth |
| Inception | Jul 11, 2017 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 13, 2017 to Sep 14, 2026 (9.2 years).
HYDB 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 9.2 years both funds cover.
HYDB vs QQQ Performance
iShares High Yield Systematic Bond ETF (HYDB) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HYDB returned -2.64% while QQQ returned +20.44%. Year to date, HYDB is down 3.25% versus a gain of 15.94% for QQQ.
Over three years, HYDB compounded at +6.56% per year against +24.86% for QQQ; over five years the annualized figures are +3.22% and +14.26% respectively. Across the full 9-year window we track, QQQ has the edge at +19.68% annualized vs +4.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 7.7% for HYDB. 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 -21.6% for HYDB 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYDB 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, HYDB currently yields 6.96% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 186 holdings in HYDB and 102 in QQQ, totalling 74.9% 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 186 positions we hold weights for in HYDB and 102 in QQQ, against full books of 254 and 107.
You are not choosing between two funds in isolation.
Whichever of HYDB 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, HYDB or QQQ?
HYDB 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, HYDB or QQQ?
Over the past year HYDB returned -2.64% vs +20.44% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), HYDB annualized +4.74% vs +19.68% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYDB or QQQ?
QQQ has been the more volatile fund at 19.7% annualized versus 7.7% for HYDB. Worst drawdown: HYDB -21.6% vs QQQ -35.1%.
Should I hold both HYDB and QQQ?
HYDB and QQQ have a monthly-return correlation of 0.70, 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, HYDB or QQQ?
HYDB yields 6.96% while QQQ yields 0.44%, so HYDB currently pays the higher dividend yield.
Is QQQ better than HYDB?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.