IDEV vs QQQ
iShares Core MSCI International Developed Markets ETF vs Invesco QQQ Trust, Series 1
Which is better, IDEV or QQQ?
Large Cap Blend against Large Cap Growth.
IDEV has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. IDEV is less concentrated, with 10.5% of the fund in its ten largest positions against 47.2%.
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 | IDEV | QQQ |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.18% |
| AUM | $32.3B | $498.6B |
| Dividend Yield | 3.11% | 0.42% |
| Holdings | 2,308 | 321 |
| YTD Return | +8.07% | +21.44%Best |
| 1Y Return | +13.66% | +23.58%Best |
| 3Y Return (annualized) | +18.73% | +27.86%Best |
| 5Y Return (annualized) | +8.76% | +16.25%Best |
| Volatility (annualized) | 15.3%Best | 19.4% |
| Max Drawdown | -38.4% | -35.1%Best |
| $10,000 over 5 years | $15,218 | $21,231Best |
| Top 10 Weight | 10.5%Best | 47.2% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Mar 21, 2017 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Mar 23, 2017 to Oct 1, 2026 (9.5 years).
IDEV 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 9.5 years both funds cover.
IDEV vs QQQ Performance
iShares Core MSCI International Developed Markets ETF (IDEV) 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 IDEV returned +13.66% while QQQ returned +23.58%. Year to date, IDEV is up 8.07% versus a gain of 21.44% for QQQ.
Over three years, IDEV compounded at +18.73% per year against +27.86% for QQQ; over five years the annualized figures are +8.76% and +16.25% respectively. Across the full 10-year window we track, QQQ has the edge at +20.45% annualized vs +7.76%.
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 15.3% for IDEV. 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 -38.4% for IDEV 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
IDEV charges 0.04% per year while QQQ charges 0.18%. On a $10,000 position that is $4 vs $18 annually, a gap of $14 per year that compounds over a long holding period. On income, IDEV currently yields 3.11% against 0.42% for QQQ.
Holdings Overlap
1.9% of IDEV's money is in holdings QQQ also owns. 1.6% of QQQ's money is in holdings IDEV also owns.
IDEV and QQQ share little of their money.
6 positions in common, counted across the 2,240 positions we hold weights for in IDEV and 102 in QQQ, against full books of 2,308 and 321.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for IDEV (97.6% of the fund), and 24 for IDEV that do not appear in QQQ (3.1%).
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.
Top Shared Holdings
You are not choosing between two funds in isolation.
Whichever of IDEV 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, IDEV or QQQ?
IDEV has an expense ratio of 0.04% while QQQ charges 0.18%. IDEV is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, IDEV or QQQ?
Over the past year IDEV returned +13.66% vs +23.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (10 years), IDEV annualized +7.76% vs +20.45% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IDEV or QQQ?
QQQ has been the more volatile fund at 19.4% annualized versus 15.3% for IDEV. Worst drawdown: IDEV -38.4% vs QQQ -35.1%.
Should I hold both IDEV and QQQ?
IDEV 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.
What is the holdings overlap between IDEV and QQQ?
1.9% of IDEV's money is in holdings QQQ also owns. 1.6% of QQQ's is in holdings IDEV also owns. They hold 6 positions in common, counted across the 2,240 positions we hold weights for in IDEV and 102 in QQQ.
Which pays a higher dividend, IDEV or QQQ?
IDEV yields 3.11% while QQQ yields 0.42%, so IDEV currently pays the higher dividend yield.
Is QQQ better than IDEV?
IDEV has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. IDEV is less concentrated, with 10.5% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.