DYNF vs QQQ
iShares US Equity Factor Rotation Active ETF vs Invesco QQQ Trust, Series 1
Which is better, DYNF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. DYNF is less concentrated, with 40.9% 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 | DYNF | QQQ |
|---|---|---|
| Expense Ratio | 0.26% | 0.18%Best |
| AUM | $42.9B | $506.1B |
| Dividend Yield | 0.81% | 0.42% |
| Holdings | 229 | 321 |
| YTD Return | +14.80% | +19.30%Best |
| 1Y Return | +19.33% | +22.47%Best |
| 3Y Return (annualized) | +25.88% | +26.18%Best |
| 5Y Return (annualized) | +15.33% | +15.42%Best |
| Volatility (annualized) | 16.6%Best | 20.4% |
| Max Drawdown | -34.7%Best | -35.1% |
| $10,000 over 5 years | $20,404 | $20,484Best |
| Top 10 Weight | 40.9%Best | 46.7% |
| Fund Family | BlackRock, Inc. (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Mar 19, 2019 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Mar 21, 2019 to Oct 14, 2026 (7.6 years).
DYNF 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 7.6 years both funds cover.
DYNF vs QQQ Performance
iShares US Equity Factor Rotation Active ETF (DYNF) is an ETF from BlackRock, Inc. (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DYNF returned +19.33% while QQQ returned +22.47%. Year to date, DYNF is up 14.80% versus a gain of 19.30% for QQQ.
Over three years, DYNF compounded at +25.88% per year against +26.18% for QQQ; over five years the annualized figures are +15.33% and +15.42% respectively. Across the full 8-year window we track, QQQ has the edge at +20.61% annualized vs +15.94%.
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 16.6% for DYNF. 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 -34.7% for DYNF and -35.1% 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DYNF charges 0.26% per year while QQQ charges 0.18%. On a $10,000 position that is $26 vs $18 annually, a gap of $8 per year that compounds over a long holding period. On income, DYNF currently yields 0.81% against 0.42% for QQQ.
Holdings Overlap
53.9% of DYNF's money is in holdings QQQ also owns. 83.4% of QQQ's money is in holdings DYNF also owns.
Most of QQQ is already inside DYNF. Owning both mostly buys the same companies twice.
58 positions in common, counted across the 259 positions we hold weights for in DYNF and 101 in QQQ, against full books of 229 and 321.
What only one of them owns
Our book lists 35 positions for QQQ that do not appear in our book for DYNF (12.9% of the fund), and 171 for DYNF that do not appear in QQQ (45.9%).
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 DYNF | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.62% | 8.33% | 0.29% |
| AAPLApple, Inc | 7.71% | 7.35% | 0.36% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.94% | 5.76% | 0.82% |
| AMZNAmazon.Com Inc | 4.03% | 4.07% | 0.04% |
| MUMicron Technology, Inc. | 1.99% | 5.02% | 3.03% |
| AMDAdvanced Micro Devices Inc. | 1.86% | 4.17% | 2.31% |
| METAMeta Platform Inc | 2.70% | 3.26% | 0.56% |
| GOOGLAlphabet Inc-cl A | 2.44% | 3.05% | 0.61% |
| AVGOBroadcom Inc | 2.52% | 2.53% | 0.01% |
| GOOGAlphabet, Inc.- Cl C | 2.01% | 2.85% | 0.84% |
83.4% of QQQ is already inside DYNF.
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, DYNF or QQQ?
DYNF has an expense ratio of 0.26% while QQQ charges 0.18%. QQQ is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, DYNF or QQQ?
Over the past year DYNF returned +19.33% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), DYNF annualized +15.94% vs +20.61% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DYNF or QQQ?
QQQ has been the more volatile fund at 20.4% annualized versus 16.6% for DYNF. Worst drawdown: DYNF -34.7% vs QQQ -35.1%.
Should I hold both DYNF and QQQ?
DYNF and QQQ have a monthly-return correlation of 0.91, 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.
What is the holdings overlap between DYNF and QQQ?
83.4% of QQQ's money is in holdings DYNF also owns. 83.4% of QQQ's is in holdings DYNF also owns. They hold 58 positions in common, counted across the 259 positions we hold weights for in DYNF and 101 in QQQ.
Which pays a higher dividend, DYNF or QQQ?
DYNF yields 0.81% while QQQ yields 0.42%, so DYNF currently pays the higher dividend yield.
Is QQQ better than DYNF?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. DYNF is less concentrated, with 40.9% 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.