QQQ vs WDTE
Invesco QQQ Trust, Series 1 vs Defiance S&P 500 Weekly Distribution 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 | WDTE | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.03% | |
| AUM | $455.8B | $66M | |
| Dividend Yield | 0.41% | 51.34% | |
| Holdings | 108 | 5 | |
| YTD Return | +19.68% | +12.56% | |
| 1Y Return | +26.75% | +18.23% | |
| 3Y Return (annualized) | +26.25% | +14.69% | |
| 5Y Return (annualized) | +15.39% | - | |
| Volatility (annualized) | 30.6% | 10.4% | |
| Max Drawdown | -83.0% | -15.8% | |
| Fund Family | Invesco (US) | Defiance ETFs, LLC | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Sep 18, 2023 |
QQQ vs WDTE Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Defiance S&P 500 Weekly Distribution ETF (WDTE) is a ETF from Defiance ETFs, LLC. Over the past year QQQ returned +26.75% while WDTE returned +18.23%. Year to date, QQQ is up 19.68% versus a gain of 12.56% for WDTE.
Over three years, QQQ compounded at +26.25% per year against +14.69% for WDTE. Across the full 3-year window we track, WDTE has the edge at +14.69% annualized vs +13.15%. 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 10.4% for WDTE. 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 -15.8% for WDTE. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while WDTE charges 1.03%. On a $10,000 position that is $18 vs $103 annually, a gap of $85 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 51.34% for WDTE.
Holdings Overlap
QQQ and WDTE share 0 holdings out of 104 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 WDTE?
QQQ has an expense ratio of 0.18% while WDTE charges 1.03%. QQQ is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, QQQ or WDTE?
Over the past year QQQ returned +26.75% vs +18.23% for WDTE, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.15% vs +14.69% for WDTE. Past performance does not guarantee future results.
Which is riskier, QQQ or WDTE?
QQQ has been the more volatile fund at 30.6% annualized versus 10.4% for WDTE. Worst drawdown: QQQ -83.0% vs WDTE -15.8%.
Should I hold both QQQ and WDTE?
QQQ and WDTE have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and WDTE?
QQQ and WDTE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, QQQ or WDTE?
QQQ yields 0.41% while WDTE yields 51.34%, so WDTE currently pays the higher dividend yield.
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