DFIV vs. QQQE

Last updated Jun 14, 2026

DFIV (Dimensional International Value ETF) and QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares) are both exchange-traded funds - DFIV is a Foreign Large Cap Equities fund actively managed by Dimensional, while QQQE is a Nasdaq-100 fund tracking the NASDAQ-100 Equal Weighted Index. DFIV is actively managed, while QQQE is passively managed. Over the past 3 years, DFIV returned 23.38%/yr vs 17.04%/yr for QQQE. A 0.62 correlation means they provide meaningful diversification when combined. DFIV charges 0.27%/yr vs 0.35%/yr for QQQE.

Performance

DFIV vs. QQQE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International Value ETF (DFIV) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFIV achieves a 12.20% return, which is significantly lower than QQQE's 17.14% return.

DFIV

• 1D: 0.58%
• 1M: 1.88%
• YTD: 12.20%
• 6M: 13.92%
• 1Y: 34.38%
• 3Y*: 23.38%
• 5Y*: —
• 10Y*: —

QQQE

• 1D: 1.18%
• 1M: 5.18%
• YTD: 17.14%
• 6M: 16.29%
• 1Y: 26.96%
• 3Y*: 17.04%
• 5Y*: 9.60%
• 10Y*: 15.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFIV vs. QQQE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DFIV Dimensional International Value ETF	12.20%	45.36%	7.26%	17.75%	-3.70%	0.50%
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares	17.14%	14.58%	6.98%	33.76%	-24.47%	2.00%

Correlation

The correlation between DFIV and QQQE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Sep 13, 2021	0.62

The correlation between DFIV and QQQE has been stable across timeframes, ranging from 0.59 to 0.62 - a consistent structural relationship.

DFIV vs. QQQE - Sectors Allocation Comparison

Sectors	DFIV	QQQE
Financial Services	32.4%	0.8%
Energy	15.3%	1.7%
Basic Materials	11.4%	0.8%
Consumer Cyclical	10.0%	9.8%
Industrials	9.8%	9.3%
Consumer Defensive	4.9%	7.0%
Healthcare	4.9%	7.8%
Communication Services	4.3%	8.4%
Technology	3.2%	51.0%
Utilities	2.2%	3.4%
Real Estate	1.7%	0.7%

Return for Risk

DFIV vs. QQQE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DFIV

DFIV Risk / Return Rank: 82
DFIV Sharpe Ratio Rank: 85
DFIV Sortino Ratio Rank: 84
DFIV Omega Ratio Rank: 83
DFIV Calmar Ratio Rank: 78
DFIV Martin Ratio Rank: 79

QQQE

QQQE Risk / Return Rank: 56
QQQE Sharpe Ratio Rank: 55
QQQE Sortino Ratio Rank: 52
QQQE Omega Ratio Rank: 52
QQQE Calmar Ratio Rank: 61
QQQE Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DFIV vs. QQQE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Value ETF (DFIV) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DFIV	QQQE	Difference
Sharpe ratio: Return per unit of total volatility	2.39	1.63	+0.75
Sortino ratio: Return per unit of downside risk	3.26	2.23	+1.03
Omega ratio: Gain probability vs. loss probability	1.43	1.29	+0.14
Calmar ratio: Return relative to maximum drawdown	3.48	2.65	+0.83
Martin ratio: Return relative to average drawdown	13.34	8.95	+4.39

DFIV vs. QQQE - Sharpe Ratio Comparison

The current DFIV Sharpe Ratio is 2.39, which is higher than the QQQE Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of DFIV and QQQE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFIV vs. QQQE - Drawdown Comparison

The maximum DFIV drawdown since its inception was -25.42%, smaller than the maximum QQQE drawdown of -32.14%. Use the drawdown chart below to compare losses from any high point for DFIV and QQQE.

Drawdown Indicators

	DFIV	QQQE	Difference
Max Drawdown Largest peak-to-trough decline	-25.42%	-32.14%	+6.72%
Max Drawdown (1Y) Largest decline over 1 year	-9.66%	-9.41%	-0.25%
Max Drawdown (3Y) Largest decline over 3 years	-14.72%	-21.38%	+6.66%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.14%	—
Current Drawdown Current decline from peak	-0.43%	-1.76%	+1.33%
Average Drawdown Average peak-to-trough decline	-4.46%	-5.16%	+0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	2.79%	-0.27%

Volatility

DFIV vs. QQQE - Volatility Comparison

The current volatility for Dimensional International Value ETF (DFIV) is 4.50%, while Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) has a volatility of 7.04%. This indicates that DFIV experiences smaller price fluctuations and is considered to be less risky than QQQE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFIV	QQQE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	7.04%	-2.54%
Volatility (6M) Calculated over the trailing 6-month period	11.46%	12.12%	-0.66%
Volatility (1Y) Calculated over the trailing 1-year period	14.10%	15.28%	-1.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.66%	20.45%	-3.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.66%	20.79%	-4.13%

DFIV vs. QQQE - Expense Ratio Comparison

DFIV has a 0.27% expense ratio, which is lower than QQQE's 0.35% expense ratio.

Dividends

DFIV vs. QQQE - Dividend Comparison

DFIV's dividend yield for the trailing twelve months is around 2.54%, more than QQQE's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFIV Dimensional International Value ETF	2.54%	2.92%	3.88%	3.93%	3.84%	2.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares	0.53%	0.52%	0.86%	0.79%	0.98%	3.83%	0.54%	0.74%	0.80%	0.65%	1.17%	0.57%

Frequently Asked Questions

Can I hold both DFIV and QQQE in my portfolio?

DFIV and QQQE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFIV or QQQE?

QQQE has higher volatility (7.04%) compared to DFIV (4.50%). In terms of maximum drawdown, DFIV dropped -25.42% vs QQQE's -32.14%.

Which ETF is better, DFIV or QQQE?

On 3-year performance, DFIV leads with 23.38% vs 17.04% for QQQE. On fees, DFIV is cheaper at 0.27% per year. On volatility, DFIV has been the lower-risk option at 4.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFIV or QQQE?

Over the 3-year period, DFIV has performed better with a 23.38% return vs 17.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFIV or QQQE?

DFIV is cheaper with a 0.27% expense ratio, compared with 0.35% for QQQE.

Which ETF pays a higher dividend yield, DFIV or QQQE?

DFIV has the higher dividend yield at 2.54%, compared with 0.53% for QQQE.

What is the main difference between DFIV and QQQE?

DFIV is categorized as Foreign Large Cap Equities, while QQQE is Nasdaq-100. They also come from different issuers: Dimensional and Direxion. Their fees differ too: 0.27% for DFIV and 0.35% for QQQE.

Which has better risk-adjusted returns?

DFIV currently has the higher Sharpe Ratio (2.39 vs 1.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.