QDTE vs QQQ
Roundhill Nasdaq-100 0DTE Covered Call Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, QDTE or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | QDTE | QQQ |
|---|---|---|
| Expense Ratio | 0.96% | 0.18%Best |
| AUM | $945M | $483.5B |
| Dividend Yield | 45.41% | 0.44% |
| Holdings | 7 | 107 |
| YTD Return | -1.15% | +15.21%Best |
| 1Y Return | +4.33% | +19.78%Best |
| 3Y Return (annualized) | - | +24.58% |
| 5Y Return (annualized) | - | +13.93% |
| Volatility (annualized) | 17.1%Best | 17.7% |
| Max Drawdown | -20.2%Best | -22.8% |
| $10,000 over 2.5 years | $14,988 | $15,952Best |
| Fund Family | Roundhill Investments | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Mar 7, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 7, 2024 to Sep 16, 2026 (2.5 years).
QDTE 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 2.5 years both funds cover.
QDTE vs QQQ Performance
Roundhill Nasdaq-100 0DTE Covered Call Strategy ETF (QDTE) is an ETF from Roundhill Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year QDTE returned +4.33% while QQQ returned +19.78%. Year to date, QDTE is down 1.15% versus a gain of 15.21% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 17.1% for QDTE. 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 -20.2% for QDTE and -22.8% 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QDTE charges 0.96% per year while QQQ charges 0.18%. On a $10,000 position that is $96 vs $18 annually, a gap of $78 per year that compounds over a long holding period. On income, QDTE currently yields 45.41% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in QDTE and 102 in QQQ, totalling 3.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in QDTE and 102 in QQQ, against full books of 7 and 107.
You are not choosing between two funds in isolation.
Whichever of QDTE 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, QDTE or QQQ?
QDTE has an expense ratio of 0.96% while QQQ charges 0.18%. QQQ is the cheaper option, by $78 a year on a $10,000 investment.
Which performed better, QDTE or QQQ?
Over the past year QDTE returned +4.33% vs +19.78% 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, QDTE or QQQ?
QQQ has been the more volatile fund at 17.7% annualized versus 17.1% for QDTE. Worst drawdown: QDTE -20.2% vs QQQ -22.8%.
Should I hold both QDTE and QQQ?
QDTE and QQQ have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, QDTE or QQQ?
QDTE yields 45.41% while QQQ yields 0.44%, so QDTE currently pays the higher dividend yield.
Is QQQ better than QDTE?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.