QDVO vs QQQ
Amplify CWP Growth & Income ETF vs Invesco QQQ Trust, Series 1
Which is better, QDVO or QQQ?
Nearly the same fund. QQQ costs less.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 56.6%.
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 | QDVO | QQQ |
|---|---|---|
| Expense Ratio | 0.56% | 0.18%Best |
| AUM | $744M | $483.5B |
| Dividend Yield | 11.62% | 0.44% |
| Holdings | 97 | 107 |
| YTD Return | +9.50% | +16.87%Best |
| 1Y Return | +13.95% | +22.98%Best |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 13.6%Best | 18.2% |
| Max Drawdown | -18.6%Best | -22.8% |
| $10,000 over 2.1 years | $14,709 | $15,359Best |
| Top 10 Weight | 56.6% | 46.5%Best |
| Fund Family | Amplify ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 22, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 22, 2024 to Sep 11, 2026 (2.1 years).
QDVO 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 2.1 years both funds cover.
QDVO vs QQQ Performance
Amplify CWP Growth & Income ETF (QDVO) is an ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year QDVO returned +13.95% while QQQ returned +22.98%. Year to date, QDVO is up 9.50% versus a gain of 16.87% 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 18.2% compared with 13.6% for QDVO. 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 -18.6% for QDVO 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QDVO charges 0.56% per year while QQQ charges 0.18%. On a $10,000 position that is $56 vs $18 annually, a gap of $38 per year that compounds over a long holding period. On income, QDVO currently yields 11.62% against 0.44% for QQQ.
Holdings Overlap
75.2% of QDVO's money is in holdings QQQ also owns. 67.3% of QQQ's money is in holdings QDVO also owns.
Most of QDVO is already inside QQQ. Owning both mostly buys the same companies twice.
25 positions in common, counted across the 39 positions we hold weights for in QDVO and 102 in QQQ, against full books of 97 and 107.
What only one of them owns
Our book lists 70 positions for QQQ that do not appear in our book for QDVO (29.7% of the fund), and 14 for QDVO that do not appear in QQQ (25.7%).
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 QDVO | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 10.47% | 8.44% | 2.03% |
| AAPLApple, Inc | 8.51% | 7.27% | 1.24% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.01% | 5.76% | 0.25% |
| GOOGLAlphabet A Usd 0.001 | 8.28% | 3.36% | 4.92% |
| AMZNAmazon.Com Inc | 5.39% | 4.67% | 0.72% |
| MUMicron Technology, Inc. | 4.01% | 4.43% | 0.42% |
| AVGOBroadcom Inc | 3.64% | 3.16% | 0.48% |
| AMDAdvanced Micro Devices Inc. | 2.90% | 3.45% | 0.55% |
| TSLATesla Inc | 3.72% | 2.56% | 1.16% |
| METAMeta Platforms, Inc. | 3.15% | 2.78% | 0.37% |
75.2% of QDVO is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QDVO or QQQ?
QDVO has an expense ratio of 0.56% while QQQ charges 0.18%. QQQ is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, QDVO or QQQ?
Over the past year QDVO returned +13.95% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QDVO annualized +20.17% vs +22.67% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QDVO or QQQ?
QQQ has been the more volatile fund at 18.2% annualized versus 13.6% for QDVO. Worst drawdown: QDVO -18.6% vs QQQ -22.8%.
Should I hold both QDVO and QQQ?
QDVO and QQQ have a monthly-return correlation of 0.95, 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.
What is the holdings overlap between QDVO and QQQ?
75.2% of QDVO's money is in holdings QQQ also owns. 67.3% of QQQ's is in holdings QDVO also owns. They hold 25 positions in common, counted across the 39 positions we hold weights for in QDVO and 102 in QQQ.
Which pays a higher dividend, QDVO or QQQ?
QDVO yields 11.62% while QQQ yields 0.44%, so QDVO currently pays the higher dividend yield.
Is QQQ better than QDVO?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 56.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.