DYLG vs QQQ
Global X Dow 30 Covered Call & Growth ETF vs Invesco QQQ Trust, Series 1
Which is better, DYLG or QQQ?
Multi Alternative 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 55.5%.
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 | DYLG | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $5M | $506.1B |
| Dividend Yield | 9.33% | 0.42% |
| Holdings | 66 | 321 |
| YTD Return | +7.96% | +19.30%Best |
| 1Y Return | +13.55% | +22.47%Best |
| 3Y Return (annualized) | +14.15% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 9.4%Best | 17.3% |
| Max Drawdown | -14.2%Best | -22.8% |
| $10,000 over 3.2 years | $14,429 | $19,588Best |
| Top 10 Weight | 55.5% | 46.7%Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Jul 25, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 26, 2023 to Oct 14, 2026 (3.2 years).
DYLG 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 3.2 years both funds cover.
DYLG vs QQQ Performance
Global X Dow 30 Covered Call & Growth ETF (DYLG) 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 DYLG returned +13.55% while QQQ returned +22.47%. Year to date, DYLG is up 7.96% versus a gain of 19.30% for QQQ.
Over three years, DYLG compounded at +14.15% 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 17.3% compared with 9.4% for DYLG. 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 -14.2% for DYLG 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DYLG charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, DYLG currently yields 9.33% against 0.42% for QQQ.
Holdings Overlap
29.2% of DYLG's money is in holdings QQQ also owns. 33.7% of QQQ's money is in holdings DYLG also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 30 positions we hold weights for in DYLG 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 DYLG (62.6% of the fund), and 21 for DYLG that do not appear in QQQ (70.9%).
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 DYLG | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.02% | 5.76% | 0.26% |
| AAPLApple, Inc | 3.88% | 7.35% | 3.47% |
| NVDANvidia Corp | 2.72% | 8.33% | 5.61% |
| GOOGLAlphabet Inc | 3.99% | 3.05% | 0.94% |
| AMZNAmazon.Com Inc | 2.92% | 4.07% | 1.15% |
| AMGNAmgen Inc. | 4.68% | 0.95% | 3.73% |
| WMTWalmart, Inc. | 1.21% | 2.11% | 0.90% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.30% | 1.77% | 0.47% |
| HONHoneywell International Inc | 2.49% | 0.28% | 2.21% |
33.7% of QQQ is already inside DYLG.
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, DYLG or QQQ?
DYLG has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, DYLG or QQQ?
Over the past year DYLG returned +13.55% 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, DYLG or QQQ?
QQQ has been the more volatile fund at 17.3% annualized versus 9.4% for DYLG. Worst drawdown: DYLG -14.2% vs QQQ -22.8%.
Should I hold both DYLG and QQQ?
DYLG and QQQ have a monthly-return correlation of 0.65, 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 DYLG and QQQ?
33.7% of QQQ's money is in holdings DYLG also owns. 33.7% of QQQ's is in holdings DYLG also owns. They hold 9 positions in common, counted across the 30 positions we hold weights for in DYLG and 101 in QQQ.
Which pays a higher dividend, DYLG or QQQ?
DYLG yields 9.33% while QQQ yields 0.42%, so DYLG currently pays the higher dividend yield.
Is QQQ better than DYLG?
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 55.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.