QQQ vs RDFI
Invesco QQQ Trust, Series 1 vs Rareview Dynamic Fixed Income ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | RDFI | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 4.23% | |
| AUM | $455.8B | $84M | |
| Dividend Yield | 0.41% | 8.16% | |
| Holdings | 108 | 41 | |
| YTD Return | +18.31% | -2.38% | |
| 1Y Return | +25.37% | +0.77% | |
| 3Y Return (annualized) | +25.79% | +8.28% | |
| 5Y Return (annualized) | +15.20% | +1.68% | |
| Volatility (annualized) | 30.6% | 10.8% | |
| Max Drawdown | -83.0% | -23.7% | |
| Fund Family | Invesco (US) | Rareview Capital | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Oct 21, 2020 |
QQQ vs RDFI Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Rareview Dynamic Fixed Income ETF (RDFI) is a ETF from Rareview Capital. Over the past year QQQ returned +25.37% while RDFI returned +0.77%. Year to date, QQQ is up 18.31% versus a loss of 2.38% for RDFI.
Over three years, QQQ compounded at +25.79% per year against +8.28% for RDFI; over five years the annualized figures are +15.20% and +1.68% respectively. Across the full 6-year window we track, QQQ has the edge at +13.10% annualized vs +5.15%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 10.8% 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 -83.0% for QQQ and -23.7% for RDFI. 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
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 0.41% against 8.16% for RDFI.
Holdings Overlap
QQQ and RDFI share 0 holdings out of 136 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $405 per year of difference.
Which performed better, QQQ or RDFI?
Over the past year QQQ returned +25.37% vs +0.77% for RDFI, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +13.10% vs +5.15% for RDFI. Past performance does not guarantee future results.
Which is riskier, QQQ or RDFI?
QQQ has been the more volatile fund at 30.6% annualized versus 10.8% for RDFI. Worst drawdown: QQQ -83.0% vs RDFI -23.7%.
Should I hold both QQQ and RDFI?
QQQ and RDFI have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RDFI?
QQQ and RDFI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 136 unique securities.
Which pays a higher dividend, QQQ or RDFI?
QQQ yields 0.41% while RDFI yields 8.16%, so RDFI currently pays the higher dividend yield.
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