DFUS vs. QQQ
Compare and contrast key facts about Dimensional U.S. Equity ETF (DFUS) and Invesco QQQ (QQQ).
DFUS and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFUS is an actively managed fund by Dimensional Fund Advisors LP. It was launched on Jun 14, 2021. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFUS or QQQ.
Key characteristics
| DFUS | QQQ | |
|---|---|---|
| YTD Return | 26.83% | 26.09% |
| 1Y Return | 40.61% | 39.88% |
| 3Y Return (Ann) | 9.78% | 9.90% |
| Sharpe Ratio | 3.06 | 2.22 |
| Sortino Ratio | 4.05 | 2.92 |
| Omega Ratio | 1.57 | 1.40 |
| Calmar Ratio | 4.55 | 2.86 |
| Martin Ratio | 20.14 | 10.44 |
| Ulcer Index | 1.95% | 3.72% |
| Daily Std Dev | 12.86% | 17.47% |
| Max Drawdown | -24.62% | -82.98% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between DFUS and QQQ is 0.93, 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
DFUS vs. QQQ - Performance Comparison
The year-to-date returns for both stocks are quite close, with DFUS having a 26.83% return and QQQ slightly lower at 26.09%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFUS vs. QQQ - Expense Ratio Comparison
DFUS has a 0.11% expense ratio, which is lower than QQQ's 0.20% 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
DFUS vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional U.S. Equity ETF (DFUS) and Invesco QQQ (QQQ). 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
DFUS vs. QQQ - Dividend Comparison
DFUS's dividend yield for the trailing twelve months is around 1.02%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFUS Dimensional U.S. Equity ETF | 1.02% | 1.33% | 1.48% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
DFUS vs. QQQ - Drawdown Comparison
The maximum DFUS drawdown since its inception was -24.62%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DFUS and QQQ. For additional features, visit the drawdowns tool.
Volatility
DFUS vs. QQQ - Volatility Comparison
The current volatility for Dimensional U.S. Equity ETF (DFUS) is 4.28%, while Invesco QQQ (QQQ) has a volatility of 5.17%. This indicates that DFUS experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.