JDOC vs QQQ
JPMorgan Healthcare Leaders ETF vs Invesco QQQ Trust, Series 1
Which is better, JDOC or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. JDOC is less concentrated, with 45.6% 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 | JDOC | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $9M | $486.1B |
| Dividend Yield | 0.85% | 0.44% |
| Holdings | 64 | 107 |
| YTD Return | +8.63% | +17.54%Best |
| 1Y Return | +22.53% | +25.59%Best |
| 3Y Return (annualized) | - | +24.63% |
| 5Y Return (annualized) | - | +14.18% |
| Volatility (annualized) | 13.4%Best | 16.8% |
| Max Drawdown | -20.4%Best | -22.8% |
| $10,000 over 2.8 years | $13,765 | $19,905Best |
| Top 10 Weight | 45.6%Best | 46.5% |
| Fund Family | J.P. Morgan Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Nov 1, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 2, 2023 to Sep 4, 2026 (2.8 years).
JDOC 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 2.8 years both funds cover.
JDOC vs QQQ Performance
JPMorgan Healthcare Leaders ETF (JDOC) is an ETF from J.P. Morgan Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JDOC returned +22.53% while QQQ returned +25.59%. Year to date, JDOC is up 8.63% versus a gain of 17.54% 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 16.8% compared with 13.4% for JDOC. 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 -20.4% for JDOC and -22.8% 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 0.17. They move largely independently of each other.
Fees and Cost Over Time
JDOC 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, JDOC currently yields 0.85% against 0.44% for QQQ.
Holdings Overlap
5.4% of JDOC's money is in holdings QQQ also owns. 1.6% of QQQ's money is in holdings JDOC also owns.
JDOC and QQQ share little of their money.
4 positions in common, counted across the 56 positions we hold weights for in JDOC and 102 in QQQ, against full books of 64 and 107.
What only one of them owns
Our book lists 92 positions for QQQ that do not appear in our book for JDOC (96.0% of the fund), and 36 for JDOC that do not appear in QQQ (67.4%).
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 JDOC 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, JDOC or QQQ?
JDOC has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, JDOC or QQQ?
Over the past year JDOC returned +22.53% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JDOC or QQQ?
QQQ has been the more volatile fund at 16.8% annualized versus 13.4% for JDOC. Worst drawdown: JDOC -20.4% vs QQQ -22.8%.
Should I hold both JDOC and QQQ?
JDOC and QQQ have a monthly-return correlation of 0.17, 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 JDOC and QQQ?
5.4% of JDOC's money is in holdings QQQ also owns. 1.6% of QQQ's is in holdings JDOC also owns. They hold 4 positions in common, counted across the 56 positions we hold weights for in JDOC and 102 in QQQ.
Which pays a higher dividend, JDOC or QQQ?
JDOC yields 0.85% while QQQ yields 0.44%, so JDOC currently pays the higher dividend yield.
Is QQQ better than JDOC?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. JDOC is less concentrated, with 45.6% 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.