IDVO vs QQQ
Amplify International Enhanced Dividend Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. IDVO delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | IDVO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.18% | |
| AUM | $1.4B | $496.3B | |
| Dividend Yield | 6.17% | 0.44% | |
| Holdings | 93 | 108 | |
| YTD Return | +14.18% | +16.64% | |
| 1Y Return | +30.17% | +27.27% | |
| 3Y Return (annualized) | +23.76% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 13.1% | 30.6% | |
| Max Drawdown | -15.5% | -83.0% | |
| Fund Family | Amplify ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 8, 2022 | Mar 10, 1999 |
IDVO vs QQQ Performance
Amplify International Enhanced Dividend Income ETF (IDVO) is a ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IDVO returned +30.17% while QQQ returned +27.27%. Year to date, IDVO is up 14.18% versus a gain of 16.64% for QQQ.
Over three years, IDVO compounded at +23.76% per year against +25.96% for QQQ. Across the full 4-year window we track, IDVO has the edge at +21.62% annualized vs +13.03%. 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 13.1% for IDVO. 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 -15.5% for IDVO 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IDVO charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, IDVO currently yields 6.17% against 0.44% for QQQ.
Holdings Overlap
IDVO and QQQ share 0 holdings out of 160 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IDVO or QQQ?
IDVO has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IDVO or QQQ?
Over the past year IDVO returned +30.17% vs +27.27% for QQQ, so IDVO leads on 1-year performance. Over the longest common window we track (4 years), IDVO annualized +21.62% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, IDVO or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.1% for IDVO. Worst drawdown: IDVO -15.5% vs QQQ -83.0%.
Should I hold both IDVO and QQQ?
IDVO and QQQ have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IDVO and QQQ?
IDVO and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 160 unique securities.
Which pays a higher dividend, IDVO or QQQ?
IDVO yields 6.17% while QQQ yields 0.44%, so IDVO currently pays the higher dividend yield.
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