NDIV vs QQQ
Amplify Energy & Natural Resources Covered Call ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. NDIV delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | NDIV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.18% | |
| AUM | $28M | $496.3B | |
| Dividend Yield | 8.67% | 0.44% | |
| Holdings | 54 | 108 | |
| YTD Return | +39.21% | +16.64% | |
| 1Y Return | +38.79% | +27.27% | |
| 3Y Return (annualized) | +18.14% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 18.7% | 30.6% | |
| Max Drawdown | -19.7% | -83.0% | |
| Fund Family | Amplify ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Aug 24, 2022 | Mar 10, 1999 |
NDIV vs QQQ Performance
Amplify Energy & Natural Resources Covered Call ETF (NDIV) is a ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NDIV returned +38.79% while QQQ returned +27.27%. Year to date, NDIV is up 39.21% versus a gain of 16.64% for QQQ.
Over three years, NDIV compounded at +18.14% per year against +25.96% for QQQ. Across the full 4-year window we track, NDIV has the edge at +15.98% 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 18.7% for NDIV. 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 -19.7% for NDIV 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 0.14. They move independently enough that combining them can meaningfully diversify a portfolio.
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 8.67% against 0.44% for QQQ.
Holdings Overlap
NDIV and QQQ share 0 holdings out of 137 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, NDIV or QQQ?
NDIV has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, NDIV or QQQ?
Over the past year NDIV returned +38.79% vs +27.27% for QQQ, so NDIV leads on 1-year performance. Over the longest common window we track (4 years), NDIV annualized +15.98% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, NDIV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.7% for NDIV. Worst drawdown: NDIV -19.7% vs QQQ -83.0%.
Should I hold both NDIV and QQQ?
NDIV and QQQ have a monthly-return correlation of 0.14, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NDIV and QQQ?
NDIV and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 137 unique securities.
Which pays a higher dividend, NDIV or QQQ?
NDIV yields 8.67% while QQQ yields 0.44%, so NDIV currently pays the higher dividend yield.
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