DFEOX vs. QQQM
Compare and contrast key facts about DFA US Core Equity 1 Portfolio I (DFEOX) and Invesco NASDAQ 100 ETF (QQQM).
DFEOX is managed by Dimensional Fund Advisors LP. It was launched on Sep 15, 2005. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFEOX or QQQM.
Correlation
The correlation between DFEOX and QQQM is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DFEOX vs. QQQM - Performance Comparison
Key characteristics
DFEOX:
0.13
QQQM:
0.14
DFEOX:
0.27
QQQM:
0.32
DFEOX:
1.04
QQQM:
1.04
DFEOX:
0.16
QQQM:
0.18
DFEOX:
0.58
QQQM:
0.56
DFEOX:
3.38%
QQQM:
5.23%
DFEOX:
15.00%
QQQM:
20.22%
DFEOX:
-56.77%
QQQM:
-35.05%
DFEOX:
-12.54%
QQQM:
-16.29%
Returns By Period
In the year-to-date period, DFEOX achieves a -8.18% return, which is significantly higher than QQQM's -11.65% return.
DFEOX
-8.18%
-6.38%
-6.02%
1.77%
17.99%
9.66%
QQQM
-11.65%
-8.87%
-6.06%
2.68%
N/A
N/A
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DFEOX vs. QQQM - Expense Ratio Comparison
DFEOX has a 0.14% expense ratio, which is lower than QQQM's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DFEOX vs. QQQM — Risk-Adjusted Performance Rank
DFEOX
QQQM
DFEOX vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA US Core Equity 1 Portfolio I (DFEOX) and Invesco NASDAQ 100 ETF (QQQM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DFEOX vs. QQQM - Dividend Comparison
DFEOX's dividend yield for the trailing twelve months is around 1.25%, more than QQQM's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFEOX DFA US Core Equity 1 Portfolio I | 1.25% | 1.13% | 1.43% | 1.57% | 1.12% | 1.36% | 1.41% | 1.67% | 1.58% | 1.72% | 1.74% | 1.48% |
QQQM Invesco NASDAQ 100 ETF | 0.67% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DFEOX vs. QQQM - Drawdown Comparison
The maximum DFEOX drawdown since its inception was -56.77%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for DFEOX and QQQM. For additional features, visit the drawdowns tool.
Volatility
DFEOX vs. QQQM - Volatility Comparison
The current volatility for DFA US Core Equity 1 Portfolio I (DFEOX) is 7.65%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 9.12%. This indicates that DFEOX experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.