NDVG vs QQQ
Nuveen Dividend Growth 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 108 holdings.
Side-by-Side Comparison
| Metric | NDVG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.18% | |
| AUM | $13M | $496.3B | |
| Dividend Yield | 1.09% | 0.44% | |
| Holdings | 43 | 108 | |
| YTD Return | -5.29% | +16.23% | |
| 1Y Return | +16.39% | +26.23% | |
| 3Y Return (annualized) | +11.65% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 14.1% | 30.6% | |
| Max Drawdown | -19.7% | -83.0% | |
| Fund Family | Nuveen | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Aug 4, 2021 | Mar 10, 1999 |
NDVG vs QQQ Performance
Nuveen Dividend Growth ETF (NDVG) is a ETF from Nuveen and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NDVG returned +16.39% while QQQ returned +26.23%. Year to date, NDVG is down 5.29% versus a gain of 16.23% for QQQ.
Over three years, NDVG compounded at +11.65% per year against +25.75% for QQQ. Across the full 5-year window we track, QQQ has the edge at +13.02% annualized vs +7.83%. 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 14.1% for NDVG. 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 NDVG 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NDVG 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, NDVG currently yields 1.09% against 0.44% for QQQ.
Holdings Overlap
NDVG and QQQ share 10 holdings out of 133 unique holdings combined, representing a 20.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NDVG or QQQ?
NDVG 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, NDVG or QQQ?
Over the past year NDVG returned +16.39% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), NDVG annualized +7.83% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, NDVG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 14.1% for NDVG. Worst drawdown: NDVG -19.7% vs QQQ -83.0%.
Should I hold both NDVG and QQQ?
NDVG and QQQ have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NDVG and QQQ?
NDVG and QQQ share 10 common holdings with a 20.6% weight overlap. Combined, they hold 133 unique securities.
Which pays a higher dividend, NDVG or QQQ?
NDVG yields 1.09% while QQQ yields 0.44%, so NDVG currently pays the higher dividend yield.
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