QQQ vs TDVI
Invesco QQQ Trust, Series 1 vs FT Vest Technology Dividend Target Income ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | TDVI | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.75% | |
| AUM | $496.3B | $569M | |
| Dividend Yield | 0.44% | 7.62% | |
| Holdings | 108 | 97 | |
| YTD Return | +19.52% | +17.72% | |
| 1Y Return | +26.68% | +23.93% | |
| 3Y Return (annualized) | +26.64% | +17.67% | |
| 5Y Return (annualized) | +15.36% | - | |
| Volatility (annualized) | 30.6% | 23.2% | |
| Max Drawdown | -83.0% | -25.9% | |
| Fund Family | Invesco (US) | First Trust Portfolios (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Aug 9, 2023 |
QQQ vs TDVI Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and FT Vest Technology Dividend Target Income ETF (TDVI) is a ETF from First Trust Portfolios (US). Over the past year QQQ returned +26.68% while TDVI returned +23.93%. Year to date, QQQ is up 19.52% versus a gain of 17.72% for TDVI.
Over three years, QQQ compounded at +26.64% per year against +17.67% for TDVI. Across the full 3-year window we track, TDVI has the edge at +17.34% annualized vs +13.14%. 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 23.2% for TDVI. 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 -25.9% for TDVI. 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while TDVI charges 0.75%. On a $10,000 position that is $18 vs $75 annually, a gap of $57 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 7.62% for TDVI.
Holdings Overlap
QQQ and TDVI share 18 holdings out of 177 unique holdings combined, representing a 20.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or TDVI?
QQQ has an expense ratio of 0.18% while TDVI charges 0.75%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, QQQ or TDVI?
Over the past year QQQ returned +26.68% vs +23.93% for TDVI, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.14% vs +17.34% for TDVI. Past performance does not guarantee future results.
Which is riskier, QQQ or TDVI?
QQQ has been the more volatile fund at 30.6% annualized versus 23.2% for TDVI. Worst drawdown: QQQ -83.0% vs TDVI -25.9%.
Should I hold both QQQ and TDVI?
QQQ and TDVI have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TDVI?
QQQ and TDVI share 18 common holdings with a 20.8% weight overlap. Combined, they hold 177 unique securities.
Which pays a higher dividend, QQQ or TDVI?
QQQ yields 0.44% while TDVI yields 7.62%, so TDVI currently pays the higher dividend yield.
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