NUDV vs QQQ
Nuveen ESG Dividend 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 | NUDV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.26% | 0.18% | |
| AUM | $51M | $496.3B | |
| Dividend Yield | 2.11% | 0.44% | |
| Holdings | 86 | 108 | |
| YTD Return | +14.45% | +16.64% | |
| 1Y Return | +20.80% | +27.27% | |
| 3Y Return (annualized) | +16.46% | +25.96% | |
| 5Y Return (annualized) | +10.16% | +14.54% | |
| Volatility (annualized) | 15.8% | 30.6% | |
| Max Drawdown | -20.1% | -83.0% | |
| Fund Family | Nuveen | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 27, 2021 | Mar 10, 1999 |
NUDV vs QQQ Performance
Nuveen ESG Dividend ETF (NUDV) is a ETF from Nuveen and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NUDV returned +20.80% while QQQ returned +27.27%. Year to date, NUDV is up 14.45% versus a gain of 16.64% for QQQ.
Over three years, NUDV compounded at +16.46% per year against +25.96% for QQQ; over five years the annualized figures are +10.16% and +14.54% respectively. Across the full 5-year window we track, QQQ has the edge at +13.03% annualized vs +10.16%. 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 15.8% for NUDV. 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 -20.1% for NUDV 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NUDV charges 0.26% per year while QQQ charges 0.18%. On a $10,000 position that is $26 vs $18 annually, a gap of $8 per year that compounds over a long holding period. On income, NUDV currently yields 2.11% against 0.44% for QQQ.
Holdings Overlap
NUDV and QQQ share 11 holdings out of 176 unique holdings combined, representing a 6.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NUDV or QQQ?
NUDV has an expense ratio of 0.26% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $8 per year of difference.
Which performed better, NUDV or QQQ?
Over the past year NUDV returned +20.80% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), NUDV annualized +10.16% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, NUDV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.8% for NUDV. Worst drawdown: NUDV -20.1% vs QQQ -83.0%.
Should I hold both NUDV and QQQ?
NUDV and QQQ have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NUDV and QQQ?
NUDV and QQQ share 11 common holdings with a 6.3% weight overlap. Combined, they hold 176 unique securities.
Which pays a higher dividend, NUDV or QQQ?
NUDV yields 2.11% while QQQ yields 0.44%, so NUDV currently pays the higher dividend yield.
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