PMDE vs QQQ

Quick Verdict

QQQ has a lower expense ratio. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: TiedMore Diversified: QQQ

Side-by-Side Comparison

MetricPMDEQQQWinner
Expense Ratio0.50%0.18%
AUM$9M$455.8B
Dividend Yield0.00%0.41%
Holdings6108
YTD Return+3.83%+17.46%
1Y Return-+26.02%
3Y Return (annualized)-+25.51%
5Y Return (annualized)-+15.12%
Volatility (annualized)-30.6%
Max Drawdown-1.6%-83.0%
Fund FamilyPGIM InvestmentsInvesco (US)
CategoryAlternativeEquity
InceptionDec 1, 2025Mar 10, 1999

PMDE vs QQQ Performance

PGIM S&P 500 Max Buffer ETF - December (PMDE) is a ETF from PGIM Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, PMDE is up 3.83% versus a gain of 17.46% for QQQ.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -1.6% for PMDE and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

PMDE charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, PMDE currently yields 0.00% against 0.41% for QQQ.

Frequently Asked Questions

Which is cheaper, PMDE or QQQ?

PMDE has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.

Which pays a higher dividend, PMDE or QQQ?

PMDE yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.

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