QDF vs. QQQ
Compare and contrast key facts about FlexShares Quality Dividend Index Fund (QDF) and Invesco QQQ (QQQ).
QDF and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDF is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Dividend Index. It was launched on Dec 14, 2012. 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 QDF 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: QDF or QQQ.
Correlation
The correlation between QDF and QQQ is 0.79, 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
QDF vs. QQQ - Performance Comparison
Key characteristics
QDF:
0.35
QQQ:
0.41
QDF:
0.61
QQQ:
0.74
QDF:
1.09
QQQ:
1.10
QDF:
0.35
QQQ:
0.45
QDF:
1.55
QQQ:
1.57
QDF:
4.02%
QQQ:
6.54%
QDF:
17.64%
QQQ:
25.15%
QDF:
-36.66%
QQQ:
-82.98%
QDF:
-11.57%
QQQ:
-15.62%
Returns By Period
In the year-to-date period, QDF achieves a -8.04% return, which is significantly higher than QQQ's -10.95% return. Over the past 10 years, QDF has underperformed QQQ with an annualized return of 8.62%, while QQQ has yielded a comparatively higher 16.13% annualized return.
QDF
-8.04%
-6.93%
-8.72%
4.36%
13.15%
8.62%
QQQ
-10.95%
-7.36%
-6.63%
7.59%
17.08%
16.13%
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QDF vs. QQQ - Expense Ratio Comparison
QDF has a 0.37% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
QDF vs. QQQ — Risk-Adjusted Performance Rank
QDF
QQQ
QDF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Quality Dividend Index Fund (QDF) 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
QDF vs. QQQ - Dividend Comparison
QDF's dividend yield for the trailing twelve months is around 2.10%, more than QQQ's 0.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDF FlexShares Quality Dividend Index Fund | 2.10% | 1.93% | 2.19% | 2.45% | 1.90% | 2.38% | 3.05% | 4.29% | 2.70% | 3.07% | 3.04% | 2.70% |
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
QDF vs. QQQ - Drawdown Comparison
The maximum QDF drawdown since its inception was -36.66%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for QDF and QQQ. For additional features, visit the drawdowns tool.
Volatility
QDF vs. QQQ - Volatility Comparison
The current volatility for FlexShares Quality Dividend Index Fund (QDF) is 13.30%, while Invesco QQQ (QQQ) has a volatility of 16.62%. This indicates that QDF 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.