IYY vs. QQQ
Compare and contrast key facts about iShares Dow Jones U.S. ETF (IYY) and Invesco QQQ (QQQ).
IYY and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYY is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Index. It was launched on Jun 12, 2000. 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 IYY 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: IYY or QQQ.
Correlation
The correlation between IYY and QQQ is 0.87, 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
IYY vs. QQQ - Performance Comparison
Key characteristics
IYY:
0.23
QQQ:
0.17
IYY:
0.46
QQQ:
0.42
IYY:
1.07
QQQ:
1.06
IYY:
0.23
QQQ:
0.19
IYY:
1.09
QQQ:
0.72
IYY:
4.06%
QQQ:
6.00%
IYY:
18.97%
QQQ:
24.85%
IYY:
-55.17%
QQQ:
-82.98%
IYY:
-13.05%
QQQ:
-15.65%
Returns By Period
In the year-to-date period, IYY achieves a -9.00% return, which is significantly higher than QQQ's -10.98% return. Over the past 10 years, IYY has underperformed QQQ with an annualized return of 11.10%, while QQQ has yielded a comparatively higher 16.42% annualized return.
IYY
-9.00%
-2.86%
-7.50%
5.29%
15.50%
11.10%
QQQ
-10.98%
-2.83%
-7.61%
4.31%
18.27%
16.42%
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IYY vs. QQQ - Expense Ratio Comparison
Both IYY and QQQ have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
IYY vs. QQQ — Risk-Adjusted Performance Rank
IYY
QQQ
IYY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Dow Jones U.S. ETF (IYY) 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
IYY vs. QQQ - Dividend Comparison
IYY's dividend yield for the trailing twelve months is around 1.18%, more than QQQ's 0.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYY iShares Dow Jones U.S. ETF | 1.18% | 1.05% | 1.29% | 1.49% | 1.04% | 1.31% | 1.80% | 1.97% | 1.62% | 1.81% | 1.97% | 1.66% |
QQQ Invesco QQQ | 0.66% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
IYY vs. QQQ - Drawdown Comparison
The maximum IYY drawdown since its inception was -55.17%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for IYY and QQQ. For additional features, visit the drawdowns tool.
Volatility
IYY vs. QQQ - Volatility Comparison
The current volatility for iShares Dow Jones U.S. ETF (IYY) is 13.58%, while Invesco QQQ (QQQ) has a volatility of 16.31%. This indicates that IYY 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.