DVLU vs. QQQ
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Invesco QQQ (QQQ).
DVLU and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DVLU is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright Momentum Plus Value Index. It was launched on Sep 5, 2018. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both DVLU and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DVLU or QQQ.
Correlation
The correlation between DVLU and QQQ is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DVLU vs. QQQ - Performance Comparison
Key characteristics
DVLU:
0.74
QQQ:
1.30
DVLU:
1.11
QQQ:
1.78
DVLU:
1.14
QQQ:
1.24
DVLU:
0.98
QQQ:
1.76
DVLU:
2.41
QQQ:
6.08
DVLU:
5.06%
QQQ:
3.92%
DVLU:
16.58%
QQQ:
18.35%
DVLU:
-53.26%
QQQ:
-82.98%
DVLU:
-9.73%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, DVLU achieves a 1.61% return, which is significantly lower than QQQ's 2.90% return.
DVLU
1.61%
-4.42%
-1.99%
10.32%
10.04%
N/A
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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DVLU vs. QQQ - Expense Ratio Comparison
DVLU has a 0.60% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
DVLU vs. QQQ — Risk-Adjusted Performance Rank
DVLU
QQQ
DVLU vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Value ETF (DVLU) 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
DVLU vs. QQQ - Dividend Comparison
DVLU's dividend yield for the trailing twelve months is around 1.04%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | 1.04% | 1.06% | 1.34% | 2.18% | 1.33% | 1.34% | 1.71% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
DVLU vs. QQQ - Drawdown Comparison
The maximum DVLU drawdown since its inception was -53.26%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DVLU and QQQ. For additional features, visit the drawdowns tool.
Volatility
DVLU vs. QQQ - Volatility Comparison
The current volatility for First Trust Dorsey Wright Momentum & Value ETF (DVLU) is 4.25%, while Invesco QQQ (QQQ) has a volatility of 5.02%. This indicates that DVLU 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.