IDEV vs QQQ
iShares Core MSCI International Developed Markets ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
IDEV has a lower expense ratio. QQQ delivered stronger 1-year returns. IDEV offers more diversification with 2,344 holdings.
Side-by-Side Comparison
| Metric | IDEV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.18% | |
| AUM | $32.7B | $496.3B | |
| Dividend Yield | 3.15% | 0.44% | |
| Holdings | 2,344 | 108 | |
| YTD Return | +13.06% | +17.07% | |
| 1Y Return | +22.27% | +26.39% | |
| 3Y Return (annualized) | +19.25% | +26.08% | |
| 5Y Return (annualized) | +9.59% | +15.18% | |
| Volatility (annualized) | 15.3% | 30.6% | |
| Max Drawdown | -38.4% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 21, 2017 | Mar 10, 1999 |
IDEV vs QQQ Performance
iShares Core MSCI International Developed Markets ETF (IDEV) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IDEV returned +22.27% while QQQ returned +26.39%. Year to date, IDEV is up 13.06% versus a gain of 17.07% for QQQ.
Over three years, IDEV compounded at +19.25% per year against +26.08% for QQQ; over five years the annualized figures are +9.59% and +15.18% respectively. Across the full 9-year window we track, QQQ has the edge at +13.05% annualized vs +8.38%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% 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 -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 3.15% against 0.44% for QQQ.
Holdings Overlap
IDEV and QQQ share 5 holdings out of 1424 unique holdings combined, representing a 0.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $14 per year of difference.
Which performed better, IDEV or QQQ?
Over the past year IDEV returned +22.27% vs +26.39% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), IDEV annualized +8.38% vs +13.05% for QQQ. Past performance does not guarantee future results.
Which is riskier, IDEV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.3% for IDEV. Worst drawdown: IDEV -38.4% vs QQQ -83.0%.
Should I hold both IDEV and QQQ?
IDEV and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IDEV and QQQ?
IDEV and QQQ share 5 common holdings with a 0.9% weight overlap. Combined, they hold 1424 unique securities.
Which pays a higher dividend, IDEV or QQQ?
IDEV yields 3.15% while QQQ yields 0.44%, so IDEV currently pays the higher dividend yield.
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