DVLU vs. QQQ
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Invesco QQQ ETF (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.
Performance
DVLU vs. QQQ - Performance Comparison
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DVLU vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | -2.52% | 23.67% | 13.36% | 18.84% | -9.73% | 41.67% | -6.68% | 33.59% | -24.03% |
QQQ Invesco QQQ ETF | -4.76% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -14.43% |
Returns By Period
In the year-to-date period, DVLU achieves a -2.52% return, which is significantly higher than QQQ's -4.76% return.
DVLU
- 1D
- 1.77%
- 1M
- -3.91%
- YTD
- -2.52%
- 6M
- 3.40%
- 1Y
- 23.57%
- 3Y*
- 17.37%
- 5Y*
- 10.53%
- 10Y*
- —
QQQ
- 1D
- 1.24%
- 1M
- -3.79%
- YTD
- -4.76%
- 6M
- -2.89%
- 1Y
- 24.21%
- 3Y*
- 22.83%
- 5Y*
- 13.16%
- 10Y*
- 18.99%
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DVLU vs. QQQ - Expense Ratio Comparison
DVLU has a 0.60% expense ratio, which is higher than QQQ's 0.18% expense ratio.
Return for Risk
DVLU vs. QQQ — Risk / Return Rank
DVLU
QQQ
DVLU vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Invesco QQQ ETF (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.
| DVLU | QQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 1.07 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.66 | -0.13 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.24 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.58 | 2.00 | -0.42 |
Martin ratioReturn relative to average drawdown | 5.60 | 7.32 | -1.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DVLU | QQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.07 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.59 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.38 | -0.01 |
Correlation
The correlation between DVLU and QQQ is 0.55, 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.
Dividends
DVLU vs. QQQ - Dividend Comparison
DVLU's dividend yield for the trailing twelve months is around 0.70%, more than QQQ's 0.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | 0.70% | 0.73% | 1.06% | 1.34% | 2.18% | 1.33% | 1.34% | 1.71% | 0.58% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ ETF | 0.48% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Drawdowns
DVLU vs. QQQ - Drawdown Comparison
The maximum DVLU drawdown since its inception was -53.26%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for DVLU and QQQ.
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Drawdown Indicators
| DVLU | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.26% | -82.97% | +29.71% |
Max Drawdown (1Y)Largest decline over 1 year | -14.82% | -12.62% | -2.20% |
Max Drawdown (5Y)Largest decline over 5 years | -24.86% | -35.12% | +10.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -7.72% | -7.86% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -8.93% | -32.99% | +24.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.17% | 3.44% | +0.73% |
Volatility
DVLU vs. QQQ - Volatility Comparison
First Trust Dorsey Wright Momentum & Value ETF (DVLU) and Invesco QQQ ETF (QQQ) have volatilities of 6.40% and 6.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DVLU | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.40% | 6.61% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 13.47% | 12.82% | +0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.34% | 22.70% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.68% | 22.38% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.00% | 22.25% | +3.75% |