DJIA vs QQQ
Global X Dow 30 Covered Call ETF vs Invesco QQQ Trust, Series 1
Which is better, DJIA or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 55.6%.
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 | DJIA | QQQ |
|---|---|---|
| Expense Ratio | 0.60% | 0.18%Best |
| AUM | $191M | $506.1B |
| Dividend Yield | 10.37% | 0.42% |
| Holdings | 66 | 321 |
| YTD Return | +8.08% | +19.30%Best |
| 1Y Return | +14.14% | +22.47%Best |
| 3Y Return (annualized) | +11.72% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 9.4%Best | 20.7% |
| Max Drawdown | -16.9%Best | -29.6% |
| $10,000 over 4.6 years | $14,351 | $21,900Best |
| Top 10 Weight | 55.6% | 46.7%Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Feb 23, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Oct 14, 2026 (4.6 years).
DJIA 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 4.6 years both funds cover.
DJIA vs QQQ Performance
Global X Dow 30 Covered Call ETF (DJIA) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DJIA returned +14.14% while QQQ returned +22.47%. Year to date, DJIA is up 8.08% versus a gain of 19.30% for QQQ.
Over three years, DJIA compounded at +11.72% per year against +26.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 9.4% for DJIA. 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 -16.9% for DJIA and -29.6% 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
DJIA charges 0.60% per year while QQQ charges 0.18%. On a $10,000 position that is $60 vs $18 annually, a gap of $42 per year that compounds over a long holding period. On income, DJIA currently yields 10.37% against 0.42% for QQQ.
Holdings Overlap
29.3% of DJIA's money is in holdings QQQ also owns. 33.7% of QQQ's money is in holdings DJIA also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 30 positions we hold weights for in DJIA and 101 in QQQ, against full books of 66 and 321.
What only one of them owns
Our book lists 84 positions for QQQ that do not appear in our book for DJIA (62.6% of the fund), and 21 for DJIA that do not appear in QQQ (71.0%).
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 DJIA | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.03% | 5.76% | 0.27% |
| AAPLApple, Inc | 3.89% | 7.35% | 3.46% |
| NVDANvidia Corp | 2.73% | 8.33% | 5.60% |
| GOOGLAlphabet Inc | 4.00% | 3.05% | 0.95% |
| AMZNAmazon.Com Inc | 2.93% | 4.07% | 1.14% |
| AMGNAmgen Inc. | 4.70% | 0.95% | 3.75% |
| WMTWalmart, Inc. | 1.22% | 2.11% | 0.89% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.31% | 1.77% | 0.46% |
| HONHoneywell International Inc | 2.49% | 0.28% | 2.21% |
33.7% of QQQ is already inside DJIA.
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, DJIA or QQQ?
DJIA has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, DJIA or QQQ?
Over the past year DJIA returned +14.14% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DJIA or QQQ?
QQQ has been the more volatile fund at 20.7% annualized versus 9.4% for DJIA. Worst drawdown: DJIA -16.9% vs QQQ -29.6%.
Should I hold both DJIA and QQQ?
DJIA 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 DJIA and QQQ?
33.7% of QQQ's money is in holdings DJIA also owns. 33.7% of QQQ's is in holdings DJIA also owns. They hold 9 positions in common, counted across the 30 positions we hold weights for in DJIA and 101 in QQQ.
Which pays a higher dividend, DJIA or QQQ?
DJIA yields 10.37% while QQQ yields 0.42%, so DJIA currently pays the higher dividend yield.
Is QQQ better than DJIA?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 55.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.