NDAA vs QQQ
Ned Davis Research 360 Dynamic Allocation ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | NDAA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.18% | |
| AUM | $4M | $455.8B | |
| Dividend Yield | 2.47% | 0.41% | |
| Holdings | 10 | 108 | |
| YTD Return | +11.41% | +17.46% | |
| 1Y Return | +21.07% | +26.02% | |
| 3Y Return (annualized) | - | +25.51% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 9.9% | 30.6% | |
| Max Drawdown | -13.5% | -83.0% | |
| Fund Family | Ned Davis Research | Invesco (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Oct 16, 2024 | Mar 10, 1999 |
NDAA vs QQQ Performance
Ned Davis Research 360 Dynamic Allocation ETF (NDAA) is a ETF from Ned Davis Research and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NDAA returned +21.07% while QQQ returned +26.02%. Year to date, NDAA is up 11.41% versus a gain of 17.46% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.9% for NDAA. 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 -13.5% for NDAA 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NDAA 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, NDAA currently yields 2.47% against 0.41% for QQQ.
Holdings Overlap
NDAA and QQQ share 0 holdings out of 112 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, NDAA or QQQ?
NDAA 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, NDAA or QQQ?
Over the past year NDAA returned +21.07% vs +26.02% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), NDAA annualized +13.68% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, NDAA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.9% for NDAA. Worst drawdown: NDAA -13.5% vs QQQ -83.0%.
Should I hold both NDAA and QQQ?
NDAA and QQQ have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NDAA and QQQ?
NDAA and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 112 unique securities.
Which pays a higher dividend, NDAA or QQQ?
NDAA yields 2.47% while QQQ yields 0.41%, so NDAA currently pays the higher dividend yield.
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