QQQ vs XDTE
Invesco QQQ Trust, Series 1 vs Roundhill S&P 500 0DTE Covered Call Strategy ETF
Which is better, QQQ or XDTE?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | XDTE |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.97% |
| AUM | $483.5B | $338M |
| Dividend Yield | 0.44% | 30.86% |
| Holdings | 107 | 5 |
| YTD Return | +15.21%Best | +0.58% |
| 1Y Return | +19.78%Best | +5.29% |
| 3Y Return (annualized) | +24.58% | - |
| 5Y Return (annualized) | +13.93% | - |
| Volatility (annualized) | 17.7% | 12.6%Best |
| Max Drawdown | -22.8% | -16.7%Best |
| $10,000 over 2.5 years | $15,952Best | $14,374 |
| Fund Family | Invesco (US) | Roundhill Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Mar 7, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 7, 2024 to Sep 16, 2026 (2.5 years).
QQQ vs XDTE 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 2.5 years both funds cover.
QQQ vs XDTE Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is an ETF from Roundhill Investments. Over the past year QQQ returned +19.78% while XDTE returned +5.29%. Year to date, QQQ is up 15.21% versus a gain of 0.58% for XDTE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 12.6% for XDTE. 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 -22.8% for QQQ and -16.7% for XDTE. 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 XDTE charges 0.97%. On a $10,000 position that is $18 vs $97 annually, a gap of $79 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 30.86% for XDTE.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 1 in XDTE, totalling 99.9% and 0.6% 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 XDTE, against full books of 107 and 5.
You are not choosing between two funds in isolation.
Whichever of QQQ and XDTE 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 XDTE?
QQQ has an expense ratio of 0.18% while XDTE charges 0.97%. QQQ is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, QQQ or XDTE?
Over the past year QQQ returned +19.78% vs +5.29% for XDTE, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XDTE?
QQQ has been the more volatile fund at 17.7% annualized versus 12.6% for XDTE. Worst drawdown: QQQ -22.8% vs XDTE -16.7%.
Should I hold both QQQ and XDTE?
QQQ and XDTE 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.
Which pays a higher dividend, QQQ or XDTE?
QQQ yields 0.44% while XDTE yields 30.86%, so XDTE currently pays the higher dividend yield.
Is XDTE better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.