HDLB vs QQQ
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B vs Invesco QQQ Trust, Series 1
Which is better, HDLB or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
HDLB has a lower expense ratio. HDLB led over 3Y, QQQ over 1Y, 5Y 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 | HDLB | QQQ |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.18% |
| AUM | $6M | $506.1B |
| Dividend Yield | 9.97% | 0.42% |
| Holdings | - | 321 |
| YTD Return | +9.10% | +19.30%Best |
| 1Y Return | +9.78% | +22.47%Best |
| 3Y Return (annualized) | +29.62%Best | +26.18% |
| 5Y Return (annualized) | +12.40% | +15.42%Best |
| Volatility (annualized) | 40.5% | 20.6%Best |
| Max Drawdown | -79.0% | -35.1%Best |
| $10,000 over 5 years | $17,940 | $20,484Best |
| Fund Family | UBS AG | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Growth |
| Inception | Oct 25, 2019 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 25, 2019 to Oct 14, 2026 (7 years).
HDLB 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 years both funds cover.
HDLB vs QQQ Performance
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an ETF from UBS AG and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HDLB returned +9.78% while QQQ returned +22.47%. Year to date, HDLB is up 9.10% versus a gain of 19.30% for QQQ.
Over three years, HDLB compounded at +29.62% per year against +26.18% for QQQ; over five years the annualized figures are +12.40% and +15.42% respectively. Across the full 7-year window we track, QQQ has the edge at +21.35% annualized vs +1.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HDLB has been the more volatile fund, with annualized monthly volatility of 40.5% compared with 20.6% for QQQ. 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 -79.0% for HDLB 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 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HDLB charges 0.00% per year while QQQ charges 0.18%. On a $10,000 position that is $0 vs $18 annually, a gap of $18 per year that compounds over a long holding period. On income, HDLB currently yields 9.97% against 0.42% for QQQ.
You are not choosing between two funds in isolation.
Whichever of HDLB and QQQ 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, HDLB or QQQ?
HDLB has an expense ratio of 0.00% while QQQ charges 0.18%. HDLB is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, HDLB or QQQ?
Over the past year HDLB returned +9.78% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), HDLB annualized +1.89% vs +21.35% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HDLB or QQQ?
HDLB has been the more volatile fund at 40.5% annualized versus 20.6% for QQQ. Worst drawdown: HDLB -79.0% vs QQQ -35.1%.
Should I hold both HDLB and QQQ?
HDLB and QQQ have a monthly-return correlation of 0.44, 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, HDLB or QQQ?
HDLB yields 9.97% while QQQ yields 0.42%, so HDLB currently pays the higher dividend yield.
Is QQQ better than HDLB?
HDLB has a lower expense ratio. HDLB led over 3Y, QQQ over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.