MDLV vs QQQ
Morgan Dempsey Large Cap Value ETF vs Invesco QQQ Trust, Series 1
Which is better, MDLV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. MDLV is less concentrated, with 34.3% 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 | MDLV | QQQ |
|---|---|---|
| Expense Ratio | 0.58% | 0.18%Best |
| AUM | $49M | $506.1B |
| Dividend Yield | 2.73% | 0.42% |
| Holdings | 78 | 321 |
| YTD Return | +8.36% | +19.30%Best |
| 1Y Return | +11.16% | +22.47%Best |
| 3Y Return (annualized) | +13.01% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 10.7%Best | 17.1% |
| Max Drawdown | -16.6%Best | -22.8% |
| $10,000 over 3.5 years | $12,614 | $24,026Best |
| Top 10 Weight | 34.3%Best | 46.7% |
| Fund Family | Morgan Dempsey | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Apr 26, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Apr 26, 2023 to Oct 14, 2026 (3.5 years).
MDLV 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 3.5 years both funds cover.
MDLV vs QQQ Performance
Morgan Dempsey Large Cap Value ETF (MDLV) is an ETF from Morgan Dempsey and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MDLV returned +11.16% while QQQ returned +22.47%. Year to date, MDLV is up 8.36% versus a gain of 19.30% for QQQ.
Over three years, MDLV compounded at +13.01% per year against +26.18% for QQQ. Across the full 4-year window we track, QQQ has the edge at +28.46% annualized vs +6.86%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 10.7% for MDLV. 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 -16.6% for MDLV 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 0.07. They move largely independently of each other.
Fees and Cost Over Time
MDLV charges 0.58% per year while QQQ charges 0.18%. On a $10,000 position that is $58 vs $18 annually, a gap of $40 per year that compounds over a long holding period. On income, MDLV currently yields 2.73% against 0.42% for QQQ.
Holdings Overlap
8.5% of MDLV's money is in holdings QQQ also owns. 4.0% of QQQ's money is in holdings MDLV also owns.
MDLV and QQQ share little of their money.
4 positions in common, counted across the 39 positions we hold weights for in MDLV and 101 in QQQ, against full books of 78 and 321.
What only one of them owns
Our book lists 89 positions for QQQ that do not appear in our book for MDLV (92.3% of the fund), and 32 for MDLV that do not appear in QQQ (84.8%).
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.
You are not choosing between two funds in isolation.
Whichever of MDLV 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, MDLV or QQQ?
MDLV has an expense ratio of 0.58% while QQQ charges 0.18%. QQQ is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, MDLV or QQQ?
Over the past year MDLV returned +11.16% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), MDLV annualized +6.86% vs +28.46% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MDLV or QQQ?
QQQ has been the more volatile fund at 17.1% annualized versus 10.7% for MDLV. Worst drawdown: MDLV -16.6% vs QQQ -22.8%.
Should I hold both MDLV and QQQ?
MDLV and QQQ have a monthly-return correlation of 0.07, 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 MDLV and QQQ?
8.5% of MDLV's money is in holdings QQQ also owns. 4.0% of QQQ's is in holdings MDLV also owns. They hold 4 positions in common, counted across the 39 positions we hold weights for in MDLV and 101 in QQQ.
Which pays a higher dividend, MDLV or QQQ?
MDLV yields 2.73% while QQQ yields 0.42%, so MDLV currently pays the higher dividend yield.
Is QQQ better than MDLV?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. MDLV is less concentrated, with 34.3% 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.