NVDW vs QQQ
Roundhill NVDA WeeklyPay 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 | NVDW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.18% | |
| AUM | $119M | $496.3B | |
| Dividend Yield | 62.84% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | -3.80% | +16.64% | |
| 1Y Return | +3.26% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 45.8% | 30.6% | |
| Max Drawdown | -37.2% | -83.0% | |
| Fund Family | Roundhill Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 19, 2025 | Mar 10, 1999 |
NVDW vs QQQ Performance
Roundhill NVDA WeeklyPay ETF (NVDW) is a ETF from Roundhill Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NVDW returned +3.26% while QQQ returned +27.27%. Year to date, NVDW is down 3.80% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
NVDW has been the more volatile fund, with annualized monthly volatility of 45.8% compared with 30.6% for QQQ. 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 -37.2% for NVDW 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NVDW charges 1.00% per year while QQQ charges 0.18%. On a $10,000 position that is $100 vs $18 annually, a gap of $82 per year that compounds over a long holding period. On income, NVDW currently yields 62.84% against 0.44% for QQQ.
Holdings Overlap
NVDW and QQQ share 1 holdings out of 103 unique holdings combined, representing a 8.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NVDW | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 16.60% | 8.44% | 8.16% |
Frequently Asked Questions
Which is cheaper, NVDW or QQQ?
NVDW has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, NVDW or QQQ?
Over the past year NVDW returned +3.26% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), NVDW annualized +32.24% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, NVDW or QQQ?
NVDW has been the more volatile fund at 45.8% annualized versus 30.6% for QQQ. Worst drawdown: NVDW -37.2% vs QQQ -83.0%.
Should I hold both NVDW and QQQ?
NVDW and QQQ have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NVDW and QQQ?
NVDW and QQQ share 1 common holdings with a 8.4% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, NVDW or QQQ?
NVDW yields 62.84% while QQQ yields 0.44%, so NVDW currently pays the higher dividend yield.
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