QQQ vs RDFI
Invesco QQQ Trust, Series 1 vs Rareview Dynamic Fixed Income ETF
Which is better, QQQ or RDFI?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. RDFI is less concentrated, with 45.6% 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 | QQQ | RDFI |
|---|---|---|
| Expense Ratio | 0.18%Best | 4.23% |
| AUM | $486.1B | $88M |
| Dividend Yield | 0.44% | 8.30% |
| Holdings | 107 | 40 |
| YTD Return | +17.54%Best | -4.00% |
| 1Y Return | +25.59%Best | -1.67% |
| 3Y Return (annualized) | +24.63%Best | +8.21% |
| 5Y Return (annualized) | +14.18%Best | +1.24% |
| Volatility (annualized) | 20.1% | 10.7%Best |
| Max Drawdown | -35.1% | -23.7%Best |
| $10,000 over 5 years | $19,407Best | $10,636 |
| Top 10 Weight | 46.5% | 45.6%Best |
| Fund Family | Invesco (US) | Rareview Capital |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | - |
| Inception | Mar 10, 1999 | Oct 21, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Oct 21, 2020 to Sep 4, 2026 (5.9 years).
QQQ vs RDFI 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 5.9 years both funds cover.
QQQ vs RDFI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Rareview Dynamic Fixed Income ETF (RDFI) is an ETF from Rareview Capital. Over the past year QQQ returned +25.59% while RDFI returned -1.67%. Year to date, QQQ is up 17.54% versus a loss of 4.00% for RDFI.
Over three years, QQQ compounded at +24.63% per year against +8.21% for RDFI; over five years the annualized figures are +14.18% and +1.24% respectively. Across the full 6-year window we track, QQQ has the edge at +17.78% annualized vs +4.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 10.7% for RDFI. 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 -35.1% for QQQ and -23.7% for RDFI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while RDFI charges 4.23%. On a $10,000 position that is $18 vs $423 annually, a gap of $405 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 8.30% for RDFI.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 35 in RDFI, totalling 99.9% and 96.9% 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 102 positions we hold weights for in QQQ and 35 in RDFI, against full books of 107 and 40.
What only one of them owns
Our book lists 35 positions for RDFI that do not appear in our book for QQQ (96.9% of the fund), and 96 for QQQ that do not appear in RDFI (97.5%).
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.
You are not choosing between two funds in isolation.
Whichever of QQQ and RDFI 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, QQQ or RDFI?
QQQ has an expense ratio of 0.18% while RDFI charges 4.23%. QQQ is the cheaper option, by $405 a year on a $10,000 investment.
Which performed better, QQQ or RDFI?
Over the past year QQQ returned +25.59% vs -1.67% for RDFI, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +17.78% vs +4.80% for RDFI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RDFI?
QQQ has been the more volatile fund at 20.1% annualized versus 10.7% for RDFI. Worst drawdown: QQQ -35.1% vs RDFI -23.7%.
Should I hold both QQQ and RDFI?
QQQ and RDFI have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or RDFI?
QQQ yields 0.44% while RDFI yields 8.30%, so RDFI currently pays the higher dividend yield.
Is RDFI better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. RDFI is less concentrated, with 45.6% 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.