QQQ vs XDIV

Quick Verdict

XDIV has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: XDIVHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQXDIVWinner
Expense Ratio0.18%0.08%
AUM$455.8B$66M
Dividend Yield0.41%0.00%
Holdings1082
YTD Return+18.20%+13.80%
1Y Return+27.63%+23.82%
3Y Return (annualized)+25.54%-
5Y Return (annualized)+15.12%-
Volatility (annualized)30.6%12.4%
Max Drawdown-83.0%-9.2%
Fund FamilyInvesco (US)Roundhill Investments
CategoryEquityEquity
InceptionMar 10, 1999Jul 10, 2025

QQQ vs XDIV Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Roundhill S&P 500 No Dividend Target ETF (XDIV) is a ETF from Roundhill Investments. Over the past year QQQ returned +27.63% while XDIV returned +23.82%. Year to date, QQQ is up 18.20% versus a gain of 13.80% for XDIV.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.4% for XDIV. 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 -9.2% for XDIV. 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

QQQ charges 0.18% per year while XDIV charges 0.08%. On a $10,000 position that is $18 vs $8 annually, a gap of $10 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.00% for XDIV.

Holdings Overlap

0.0%overlap

QQQ and XDIV 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 XDIV?

QQQ has an expense ratio of 0.18% while XDIV charges 0.08%. XDIV is the cheaper option. On a $10,000 investment, that is $10 per year of difference.

Which performed better, QQQ or XDIV?

Over the past year QQQ returned +27.63% vs +23.82% for XDIV, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.11% vs +22.92% for XDIV. Past performance does not guarantee future results.

Which is riskier, QQQ or XDIV?

QQQ has been the more volatile fund at 30.6% annualized versus 12.4% for XDIV. Worst drawdown: QQQ -83.0% vs XDIV -9.2%.

Should I hold both QQQ and XDIV?

QQQ and XDIV have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between QQQ and XDIV?

QQQ and XDIV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.

Which pays a higher dividend, QQQ or XDIV?

QQQ yields 0.41% while XDIV yields 0.00%, so QQQ currently pays the higher dividend yield.

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