IDEQ vs QQQ
Lazard International Dynamic Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, IDEQ or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. IDEQ led over 1Y and the full window. IDEQ is less concentrated, with 24.3% 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 | IDEQ | QQQ |
|---|---|---|
| Expense Ratio | 0.40% | 0.18%Best |
| AUM | $588M | $483.5B |
| Dividend Yield | 2.36% | 0.44% |
| Holdings | 304 | 107 |
| YTD Return | +16.19% | +21.18%Best |
| 1Y Return | +28.60%Best | +24.36% |
| 3Y Return (annualized) | - | +27.99% |
| 5Y Return (annualized) | - | +15.39% |
| Volatility (annualized) | 14.6%Best | 19.4% |
| Max Drawdown | -12.9% | -12.0%Best |
| $10,000 over 1.4 years | $14,871Best | $14,822 |
| Top 10 Weight | 24.3%Best | 46.5% |
| Fund Family | Lazard Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 29, 2015 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 12, 2025 to Sep 23, 2026 (1.4 years).
IDEQ 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 1.4 years both funds cover.
IDEQ vs QQQ Performance
Lazard International Dynamic Equity ETF (IDEQ) is an ETF from Lazard Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year IDEQ returned +28.60% while QQQ returned +24.36%. Year to date, IDEQ is up 16.19% versus a gain of 21.18% 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 19.4% compared with 14.6% for IDEQ. 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 -12.9% for IDEQ and -12.0% 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 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IDEQ charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, IDEQ currently yields 2.36% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 253 holdings in IDEQ and 102 in QQQ, totalling 99.0% 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 253 positions we hold weights for in IDEQ and 102 in QQQ, against full books of 304 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for IDEQ (97.5% of the fund), and 11 for IDEQ that do not appear in QQQ (4.1%).
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 IDEQ 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, IDEQ or QQQ?
IDEQ has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, IDEQ or QQQ?
Over the past year IDEQ returned +28.60% vs +24.36% for QQQ, so IDEQ leads on 1-year performance. Over the longest common window we track (1 years), IDEQ annualized +32.77% vs +32.46% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IDEQ or QQQ?
QQQ has been the more volatile fund at 19.4% annualized versus 14.6% for IDEQ. Worst drawdown: IDEQ -12.9% vs QQQ -12.0%.
Should I hold both IDEQ and QQQ?
IDEQ and QQQ have a monthly-return correlation of 0.50, 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, IDEQ or QQQ?
IDEQ yields 2.36% while QQQ yields 0.44%, so IDEQ currently pays the higher dividend yield.
Is QQQ better than IDEQ?
QQQ has a lower expense ratio. IDEQ led over 1Y and the full window. IDEQ is less concentrated, with 24.3% 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.