QQQ vs XDIV
Invesco QQQ Trust, Series 1 vs Roundhill S&P 500 No Dividend Target ETF
Which is better, QQQ or XDIV?
Large Cap Growth against Large Cap Blend.
XDIV has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | XDIV |
|---|---|---|
| Expense Ratio | 0.18% | 0.08%Best |
| AUM | $483.5B | $83M |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 2 |
| YTD Return | +17.95%Best | +12.39% |
| 1Y Return | +21.77%Best | +16.46% |
| 3Y Return (annualized) | +25.63% | - |
| 5Y Return (annualized) | +15.24% | - |
| Volatility (annualized) | 20.4% | 12.0%Best |
| Max Drawdown | -12.0% | -9.2%Best |
| $10,000 over 1.2 years | $13,078Best | $12,351 |
| Fund Family | Invesco (US) | Roundhill Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Jul 10, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 10, 2025 to Sep 18, 2026 (1.2 years).
QQQ vs XDIV 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 1.2 years both funds cover.
QQQ vs XDIV Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Roundhill S&P 500 No Dividend Target ETF (XDIV) is an ETF from Roundhill Investments. Over the past year QQQ returned +21.77% while XDIV returned +16.46%. Year to date, QQQ is up 17.95% versus a gain of 12.39% for XDIV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 12.0% 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 -12.0% for QQQ and -9.2% for XDIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 0.44% against 0.00% for XDIV.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 1 in XDIV, totalling 99.9% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 1 in XDIV, against full books of 107 and 2.
You are not choosing between two funds in isolation.
Whichever of QQQ and XDIV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $10 a year on a $10,000 investment.
Which performed better, QQQ or XDIV?
Over the past year QQQ returned +21.77% vs +16.46% for XDIV, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +25.06% vs +19.24% for XDIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XDIV?
QQQ has been the more volatile fund at 20.4% annualized versus 12.0% for XDIV. Worst drawdown: QQQ -12.0% 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. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, QQQ or XDIV?
QQQ yields 0.44% while XDIV yields 0.00%, so QQQ currently pays the higher dividend yield.
Is XDIV better than QQQ?
XDIV has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.