NDIV vs QQQ
Amplify Energy & Natural Resources Covered Call ETF vs Invesco QQQ Trust, Series 1
Which is better, NDIV or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. NDIV led over 1Y, QQQ over 3Y and the full window. QQQ is less concentrated, with 46.9% of the fund in its ten largest positions against 55.3%.
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 | NDIV | QQQ |
|---|---|---|
| Expense Ratio | 0.59% | 0.18%Best |
| AUM | $33M | $437.3B |
| Dividend Yield | 10.14% | 0.43% |
| Holdings | 107 | 208 |
| YTD Return | +34.68%Best | +12.98% |
| 1Y Return | +37.22%Best | +11.59% |
| 3Y Return (annualized) | +16.47% | +23.05%Best |
| 5Y Return (annualized) | - | +12.74% |
| Volatility (annualized) | 19.0%Tie | 19.0%Tie |
| Max Drawdown | -19.7%Best | -22.8% |
| $10,000 over 4.2 years | $17,447 | $22,408Best |
| Top 10 Weight | 55.3% | 46.9%Best |
| Fund Family | Amplify ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Aug 24, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Aug 24, 2022 to Nov 11, 2026 (4.2 years).
NDIV 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 4.2 years both funds cover.
NDIV vs QQQ Performance
Amplify Energy & Natural Resources Covered Call ETF (NDIV) is an ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NDIV returned +37.22% while QQQ returned +11.59%. Year to date, NDIV is up 34.68% versus a gain of 12.98% for QQQ.
Over three years, NDIV compounded at +16.47% per year against +23.05% for QQQ. Across the full 4-year window we track, QQQ has the edge at +21.18% annualized vs +14.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NDIV and QQQ have been equally volatile, both at 19.0% annualized.
The deepest peak-to-trough decline in our data was -19.7% for NDIV 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 0.09. They move largely independently of each other.
Fees and Cost Over Time
NDIV charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, NDIV currently yields 10.14% against 0.43% for QQQ.
Holdings Overlap
We hold position weights for 35 holdings in NDIV and 101 in QQQ, totalling 100.1% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 35 positions we hold weights for in NDIV and 101 in QQQ, against full books of 107 and 208.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for NDIV (97.2% of the fund), and 31 for NDIV that do not appear in QQQ (81.9%).
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 NDIV 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, NDIV or QQQ?
NDIV has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, NDIV or QQQ?
Over the past year NDIV returned +37.22% vs +11.59% for QQQ, so NDIV leads on 1-year performance. Over the longest common window we track (4 years), NDIV annualized +14.17% vs +21.18% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NDIV or QQQ?
NDIV and QQQ have been equally volatile, both at 19.0% annualized. Worst drawdown: NDIV -19.7% vs QQQ -22.8%.
Should I hold both NDIV and QQQ?
NDIV and QQQ have a monthly-return correlation of 0.09, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, NDIV or QQQ?
NDIV yields 10.14% while QQQ yields 0.43%, so NDIV currently pays the higher dividend yield.
Is QQQ better than NDIV?
QQQ has a lower expense ratio. NDIV led over 1Y, QQQ over 3Y and the full window. QQQ is less concentrated, with 46.9% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.