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.
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 | $32.7B | $486.1B |
| Dividend Yield | 3.15% | 0.44% |
| Holdings | 2,344 | 107 |
| YTD Return | +13.21% | +17.44%Best |
| 1Y Return | +20.94% | +24.69%Best |
| 3Y Return (annualized) | +18.72% | +24.76%Best |
| 5Y Return (annualized) | +8.92% | +14.22%Best |
| Volatility (annualized) | 15.3%Best | 19.4% |
| Max Drawdown | -38.4% | -35.1%Best |
| $10,000 over 5 years | $15,330 | $19,441Best |
| 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 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 23, 2017 to Sep 8, 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 +20.94% while QQQ returned +24.69%. Year to date, IDEV is up 13.21% versus a gain of 17.44% for QQQ.
Over three years, IDEV compounded at +18.72% per year against +24.76% for QQQ; over five years the annualized figures are +8.92% and +14.22% respectively. Across the full 10-year window we track, QQQ has the edge at +20.18% annualized vs +8.34%.
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 3.15% against 0.44% for QQQ.
Holdings Overlap
At least 2.2% of QQQ's money is in holdings IDEV also owns.
Stated as a floor: for IDEV, our book for it covers 87.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and IDEV share little of their money.
6 positions in common, counted across the 1,326 positions we hold weights for in IDEV and 102 in QQQ, against full books of 2,344 and 107.
Top Shared Holdings
| Stock | Weight in IDEV | Weight in QQQ | Difference |
|---|---|---|---|
| ASML:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 2.48% | 0.68% | 1.80% |
| SHOP:CAShopify Inc Class A | 0.50% | 0.77% | 0.27% |
| ROPROPER TECHNOLOGIES INC | 0.99% | 0.17% | 0.82% |
| FER:ASFerrovial Se | 0.11% | 0.21% | 0.10% |
| CCEP:LNCoca-Cola Europacific Partne | 0.08% | 0.21% | 0.13% |
| TRI:CAThomson Reuters Corp. | 0.04% | 0.17% | 0.13% |
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 +20.94% vs +24.69% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (10 years), IDEV annualized +8.34% vs +20.18% 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?
At least 2.2% of QQQ's money is in holdings IDEV also owns. Our book for IDEV is partial, so the real figure is this or higher. They hold 6 positions in common, counted across the 1,326 positions we hold weights for in IDEV and 102 in QQQ.
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.
Is QQQ better than IDEV?
IDEV 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.