LLDR vs QQQ

Quick Verdict

LLDR has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: LLDRHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricLLDRQQQWinner
Expense Ratio0.12%0.18%
AUM$38M$455.8B
Dividend Yield4.56%0.41%
Holdings95108
YTD Return-2.56%+19.68%
1Y Return-0.88%+26.75%
3Y Return (annualized)-+26.25%
5Y Return (annualized)-+15.39%
Volatility (annualized)9.1%30.6%
Max Drawdown-12.8%-83.0%
Fund FamilyGlobal X by mirae AssetInvesco (US)
CategoryFixed IncomeEquity
InceptionSep 9, 2024Mar 10, 1999

LLDR vs QQQ Performance

Global X Long-Term Treasury Ladder ETF (LLDR) is a ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LLDR returned -0.88% while QQQ returned +26.75%. Year to date, LLDR is down 2.56% versus a gain of 19.68% for QQQ.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.1% for LLDR. 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 -12.8% for LLDR 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 0.15. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

LLDR charges 0.12% per year while QQQ charges 0.18%. On a $10,000 position that is $12 vs $18 annually, a gap of $6 per year that compounds over a long holding period. On income, LLDR currently yields 4.56% against 0.41% for QQQ.

Frequently Asked Questions

Which is cheaper, LLDR or QQQ?

LLDR has an expense ratio of 0.12% while QQQ charges 0.18%. LLDR is the cheaper option. On a $10,000 investment, that is $6 per year of difference.

Which performed better, LLDR or QQQ?

Over the past year LLDR returned -0.88% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), LLDR annualized -4.32% vs +13.15% for QQQ. Past performance does not guarantee future results.

Which is riskier, LLDR or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 9.1% for LLDR. Worst drawdown: LLDR -12.8% vs QQQ -83.0%.

Should I hold both LLDR and QQQ?

LLDR and QQQ have a monthly-return correlation of 0.15, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, LLDR or QQQ?

LLDR yields 4.56% while QQQ yields 0.41%, so LLDR currently pays the higher dividend yield.

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