DSL vs. QQQ
Compare and contrast key facts about DoubleLine Income Solutions Fund (DSL) and Invesco QQQ (QQQ).
DSL is managed by DoubleLine. It was launched on Apr 26, 2013. 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: DSL or QQQ.
Correlation
The correlation between DSL and QQQ is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DSL vs. QQQ - Performance Comparison
Key characteristics
DSL:
1.32
QQQ:
0.98
DSL:
1.90
QQQ:
1.38
DSL:
1.24
QQQ:
1.18
DSL:
1.19
QQQ:
1.32
DSL:
7.27
QQQ:
4.53
DSL:
1.90%
QQQ:
3.94%
DSL:
10.53%
QQQ:
18.22%
DSL:
-49.51%
QQQ:
-82.98%
DSL:
-0.55%
QQQ:
-4.86%
Returns By Period
In the year-to-date period, DSL achieves a 2.80% return, which is significantly higher than QQQ's 0.41% return. Over the past 10 years, DSL has underperformed QQQ with an annualized return of 5.75%, while QQQ has yielded a comparatively higher 17.80% annualized return.
DSL
2.80%
1.90%
3.60%
14.01%
3.02%
5.75%
QQQ
0.41%
-3.08%
7.99%
18.28%
20.94%
17.80%
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DSL vs. QQQ - Expense Ratio Comparison
DSL has a 2.28% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
DSL vs. QQQ — Risk-Adjusted Performance Rank
DSL
QQQ
DSL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Income Solutions Fund (DSL) 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
DSL vs. QQQ - Dividend Comparison
DSL's dividend yield for the trailing twelve months is around 11.26%, more than QQQ's 0.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSL DoubleLine Income Solutions Fund | 11.26% | 11.38% | 10.78% | 13.67% | 10.74% | 10.69% | 9.33% | 10.39% | 9.11% | 9.53% | 11.63% | 9.56% |
QQQ Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
DSL vs. QQQ - Drawdown Comparison
The maximum DSL drawdown since its inception was -49.51%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DSL and QQQ. For additional features, visit the drawdowns tool.
Volatility
DSL vs. QQQ - Volatility Comparison
The current volatility for DoubleLine Income Solutions Fund (DSL) is 1.44%, while Invesco QQQ (QQQ) has a volatility of 5.25%. This indicates that DSL 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.