QQQ vs UDIV
Invesco QQQ Trust, Series 1 vs Franklin US Core Dividend Tilt Index ETF
Which is better, QQQ or UDIV?
Large Cap Growth against Large Cap Value.
UDIV has a lower expense ratio. QQQ led over the full window, UDIV over 1Y, 3Y and 5Y. UDIV is less concentrated, with 38.0% of the fund in its ten largest positions against 46.9%.
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 | UDIV |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $437.3B | $159M |
| Dividend Yield | 0.43% | 1.43% |
| Holdings | 208 | 386 |
| YTD Return | +12.98% | +15.57%Best |
| 1Y Return | +11.59% | +15.99%Best |
| 3Y Return (annualized) | +23.05% | +23.84%Best |
| 5Y Return (annualized) | +12.74% | +13.46%Best |
| Volatility (annualized) | 18.9% | 14.2%Best |
| Max Drawdown | -35.1%Best | -35.5% |
| $10,000 over 5 years | $18,213 | $18,802Best |
| Top 10 Weight | 46.9% | 38.0%Best |
| Fund Family | Invesco (US) | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Mar 10, 1999 | Jun 1, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Jun 3, 2016 to Nov 11, 2026 (10.4 years).
QQQ vs UDIV 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 10.4 years both funds cover.
QQQ vs UDIV Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Franklin US Core Dividend Tilt Index ETF (UDIV) is an ETF from Franklin Templeton Investments (US). Over the past year QQQ returned +11.59% while UDIV returned +15.99%. Year to date, QQQ is up 12.98% versus a gain of 15.57% for UDIV.
Over three years, QQQ compounded at +23.05% per year against +23.84% for UDIV; over five years the annualized figures are +12.74% and +13.46% respectively. Across the full 10-year window we track, QQQ has the edge at +19.61% annualized vs +9.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 14.2% for UDIV. 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 -35.5% for UDIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while UDIV charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQ currently yields 0.43% against 1.43% for UDIV.
Holdings Overlap
86.5% of QQQ's money is in holdings UDIV also owns. 54.8% of UDIV's money is in holdings QQQ also owns.
Most of QQQ is already inside UDIV. Owning both mostly buys the same companies twice.
66 positions in common, counted across the 101 positions we hold weights for in QQQ and 289 in UDIV, against full books of 208 and 386.
What only one of them owns
Our book lists 217 positions for UDIV that do not appear in our book for QQQ (44.1% of the fund), and 28 for QQQ that do not appear in UDIV (10.7%).
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 QQQ | Weight in UDIV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.05% | 7.77% | 0.28% |
| AAPLApple Inc | 7.68% | 7.17% | 0.51% |
| MSFTMicrosoft Corp | 6.16% | 5.96% | 0.20% |
| AMZNAmazon.Com Inc | 4.23% | 3.66% | 0.57% |
| MUMicron Technology, Inc. | 4.47% | 1.78% | 2.69% |
| GOOGLAlphabet Inc | 3.15% | 2.92% | 0.23% |
| METAMeta Platforms Inc | 3.37% | 2.18% | 1.19% |
| AMDAdvanced Micro Devices Inc | 3.90% | 1.56% | 2.34% |
| GOOGAlphabet Inc. C | 2.93% | 2.33% | 0.60% |
| AVGOBroadcom Inc | 2.52% | 2.64% | 0.12% |
86.5% of QQQ is already inside UDIV.
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, QQQ or UDIV?
QQQ has an expense ratio of 0.18% while UDIV charges 0.06%. UDIV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, QQQ or UDIV?
Over the past year QQQ returned +11.59% vs +15.99% for UDIV, so UDIV leads on 1-year performance. Over the longest common window we track (10 years), QQQ annualized +19.61% vs +9.92% for UDIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UDIV?
QQQ has been the more volatile fund at 18.9% annualized versus 14.2% for UDIV. Worst drawdown: QQQ -35.1% vs UDIV -35.5%.
Should I hold both QQQ and UDIV?
QQQ and UDIV have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and UDIV?
86.5% of QQQ's money is in holdings UDIV also owns. 54.8% of UDIV's is in holdings QQQ also owns. They hold 66 positions in common, counted across the 101 positions we hold weights for in QQQ and 289 in UDIV.
Which pays a higher dividend, QQQ or UDIV?
QQQ yields 0.43% while UDIV yields 1.43%, so UDIV currently pays the higher dividend yield.
Is UDIV better than QQQ?
UDIV has a lower expense ratio. QQQ led over the full window, UDIV over 1Y, 3Y and 5Y. UDIV is less concentrated, with 38.0% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.