NUDV vs QQQ
Nuveen ESG Dividend ETF vs Invesco QQQ Trust, Series 1
Which is better, NUDV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. NUDV is less concentrated, with 23.3% of the fund in its ten largest positions against 46.5%.
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 | NUDV | QQQ |
|---|---|---|
| Expense Ratio | 0.26% | 0.18%Best |
| AUM | $54M | $483.5B |
| Dividend Yield | 2.07% | 0.44% |
| Holdings | 86 | 107 |
| YTD Return | +10.21% | +17.95%Best |
| 1Y Return | +15.39% | +21.77%Best |
| 3Y Return (annualized) | +14.68% | +25.63%Best |
| 5Y Return (annualized) | +9.16% | +15.24%Best |
| Volatility (annualized) | 15.7%Best | 20.9% |
| Max Drawdown | -20.1%Best | -35.1% |
| $10,000 over 5 years | $15,499 | $20,324Best |
| Top 10 Weight | 23.3%Best | 46.5% |
| Fund Family | Nuveen | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Sep 27, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2021 to Sep 18, 2026 (5 years).
NUDV 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 5 years both funds cover.
NUDV vs QQQ Performance
Nuveen ESG Dividend ETF (NUDV) is an ETF from Nuveen and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NUDV returned +15.39% while QQQ returned +21.77%. Year to date, NUDV is up 10.21% versus a gain of 17.95% for QQQ.
Over three years, NUDV compounded at +14.68% per year against +25.63% for QQQ; over five years the annualized figures are +9.16% and +15.24% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 15.7% 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 -35.1% 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 0.60. They move together some of the time, and apart the rest.
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 2.07% against 0.44% for QQQ.
Holdings Overlap
13.9% of NUDV's money is in holdings QQQ also owns. 5.8% of QQQ's money is in holdings NUDV also owns.
NUDV and QQQ share little of their money.
11 positions in common, counted across the 83 positions we hold weights for in NUDV and 102 in QQQ, against full books of 86 and 107.
What only one of them owns
Our book lists 85 positions for QQQ that do not appear in our book for NUDV (91.7% of the fund), and 70 for NUDV that do not appear in QQQ (84.2%).
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.
Top Shared Holdings
| Stock | Weight in NUDV | Weight in QQQ | Difference |
|---|---|---|---|
| CSCOCisco Systems Inc. - Ordinary Shares | 2.26% | 2.10% | 0.16% |
| GILDGilead Sciences | 1.37% | 0.72% | 0.65% |
| ADPAutomatic Data Processing, Inc. | 1.46% | 0.47% | 0.99% |
| BKRBaker Hughes Co | 1.52% | 0.27% | 1.25% |
| HONHoneywell International Inc. | 1.44% | 0.35% | 1.09% |
| SBUXStarbucks Corp | 1.17% | 0.53% | 0.64% |
| EXCExelon | 1.40% | 0.21% | 1.19% |
| NXPINxp Semiconductors Nv Sedol B505Pn7 | 1.15% | 0.26% | 0.89% |
| INTUIntuit, Inc. | 0.70% | 0.39% | 0.31% |
| CSXCsx Corp. | 0.61% | 0.42% | 0.19% |
You are not choosing between two funds in isolation.
Whichever of NUDV 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, NUDV or QQQ?
NUDV has an expense ratio of 0.26% while QQQ charges 0.18%. QQQ is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, NUDV or QQQ?
Over the past year NUDV returned +15.39% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NUDV or QQQ?
QQQ has been the more volatile fund at 20.9% annualized versus 15.7% for NUDV. Worst drawdown: NUDV -20.1% vs QQQ -35.1%.
Should I hold both NUDV and QQQ?
NUDV and QQQ have a monthly-return correlation of 0.60, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between NUDV and QQQ?
13.9% of NUDV's money is in holdings QQQ also owns. 5.8% of QQQ's is in holdings NUDV also owns. They hold 11 positions in common, counted across the 83 positions we hold weights for in NUDV and 102 in QQQ.
Which pays a higher dividend, NUDV or QQQ?
NUDV yields 2.07% while QQQ yields 0.44%, so NUDV currently pays the higher dividend yield.
Is QQQ better than NUDV?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. NUDV is less concentrated, with 23.3% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.