DFUV vs QQQ
Dimensional US Marketwide Value ETF vs Invesco QQQ Trust, Series 1
Which is better, DFUV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. DFUV led over 1Y, QQQ over 3Y and the full window. DFUV is less concentrated, with 26.0% of the fund in its ten largest positions against 46.7%.
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 | DFUV | QQQ |
|---|---|---|
| Expense Ratio | 0.21% | 0.18%Best |
| AUM | $15.4B | $506.1B |
| Dividend Yield | 1.34% | 0.42% |
| Holdings | 1,325 | 321 |
| YTD Return | +19.59%Best | +19.30% |
| 1Y Return | +27.22%Best | +22.47% |
| 3Y Return (annualized) | +20.03% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 16.1%Best | 19.9% |
| Max Drawdown | -17.6%Best | -22.8% |
| $10,000 over 4.4 years | $17,867 | $25,043Best |
| Top 10 Weight | 26.0%Best | 46.7% |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | May 31, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: May 9, 2022 to Oct 14, 2026 (4.4 years).
DFUV vs QQQ 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 4.4 years both funds cover.
DFUV vs QQQ Performance
Dimensional US Marketwide Value ETF (DFUV) is an ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DFUV returned +27.22% while QQQ returned +22.47%. Year to date, DFUV is up 19.59% versus a gain of 19.30% for QQQ.
Over three years, DFUV compounded at +20.03% per year against +26.18% for QQQ. Across the full 4-year window we track, QQQ has the edge at +23.20% annualized vs +14.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 16.1% for DFUV. 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 -17.6% for DFUV and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DFUV charges 0.21% per year while QQQ charges 0.18%. On a $10,000 position that is $21 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, DFUV currently yields 1.34% against 0.42% for QQQ.
Holdings Overlap
16.2% of DFUV's money is in holdings QQQ also owns. 24.3% of QQQ's money is in holdings DFUV also owns.
QQQ and DFUV share little of their money.
27 positions in common, counted across the 1,319 positions we hold weights for in DFUV and 101 in QQQ, against full books of 1,325 and 321.
What only one of them owns
Our book lists 65 positions for QQQ that do not appear in our book for DFUV (72.0% of the fund), and 808 for DFUV that do not appear in QQQ (81.3%).
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 DFUV | Weight in QQQ | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 2.78% | 5.02% | 2.24% |
| AMZNAmazon.Com Inc | 3.58% | 4.07% | 0.49% |
| METAMeta Platform Inc | 1.36% | 3.26% | 1.90% |
| INTCIntel Corp. | 1.36% | 2.64% | 1.28% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.37% | 1.77% | 0.40% |
| ADIAnalog Devices, Inc. | 0.80% | 0.80% | 0.00% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.50% | 0.73% | 0.23% |
| VRTXVertex Pharmaceuticals Inc | 0.54% | 0.55% | 0.01% |
| QCOMQualcomm Inc. | 0.00% | 0.81% | 0.81% |
| CMCSAComcast Corp. Class A | 0.47% | 0.32% | 0.15% |
24.3% of QQQ is already inside DFUV.
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, DFUV or QQQ?
DFUV has an expense ratio of 0.21% while QQQ charges 0.18%. QQQ is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, DFUV or QQQ?
Over the past year DFUV returned +27.22% vs +22.47% for QQQ, so DFUV leads on 1-year performance. Over the longest common window we track (4 years), DFUV annualized +14.10% vs +23.20% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFUV or QQQ?
QQQ has been the more volatile fund at 19.9% annualized versus 16.1% for DFUV. Worst drawdown: DFUV -17.6% vs QQQ -22.8%.
Should I hold both DFUV and QQQ?
DFUV and QQQ have a monthly-return correlation of 0.60, 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 DFUV and QQQ?
24.3% of QQQ's money is in holdings DFUV also owns. 24.3% of QQQ's is in holdings DFUV also owns. They hold 27 positions in common, counted across the 1,319 positions we hold weights for in DFUV and 101 in QQQ.
Which pays a higher dividend, DFUV or QQQ?
DFUV yields 1.34% while QQQ yields 0.42%, so DFUV currently pays the higher dividend yield.
Is QQQ better than DFUV?
QQQ has a lower expense ratio. DFUV led over 1Y, QQQ over 3Y and the full window. DFUV is less concentrated, with 26.0% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.