QDIV vs. QQQ
Compare and contrast key facts about Global X S&P 500 Quality Dividend ETF (QDIV) and Invesco QQQ (QQQ).
QDIV and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDIV is a passively managed fund by Global X that tracks the performance of the S&P 500 Quality High Dividend Index. It was launched on Jul 13, 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 QDIV 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: QDIV or QQQ.
Correlation
The correlation between QDIV and QQQ is 0.72, 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
QDIV vs. QQQ - Performance Comparison
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Key characteristics
QDIV:
0.09
QQQ:
0.45
QDIV:
0.30
QQQ:
0.81
QDIV:
1.04
QQQ:
1.11
QDIV:
0.13
QQQ:
0.51
QDIV:
0.45
QQQ:
1.65
QDIV:
4.88%
QQQ:
6.96%
QDIV:
15.86%
QQQ:
25.14%
QDIV:
-41.20%
QQQ:
-82.98%
QDIV:
-9.84%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, QDIV achieves a -3.78% return, which is significantly higher than QQQ's -4.41% return.
QDIV
-3.78%
1.29%
-8.01%
1.44%
13.03%
N/A
QQQ
-4.41%
4.71%
-4.80%
11.32%
17.54%
17.26%
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QDIV vs. QQQ - Expense Ratio Comparison
Both QDIV 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
QDIV vs. QQQ — Risk-Adjusted Performance Rank
QDIV
QQQ
QDIV vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Quality Dividend ETF (QDIV) 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.
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Dividends
QDIV vs. QQQ - Dividend Comparison
QDIV's dividend yield for the trailing twelve months is around 3.04%, more than QQQ's 0.61% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
QDIV Global X S&P 500 Quality Dividend ETF | 3.04% | 2.88% | 3.26% | 3.02% | 2.44% | 3.06% | 2.84% | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
QDIV vs. QQQ - Drawdown Comparison
The maximum QDIV drawdown since its inception was -41.20%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for QDIV and QQQ. For additional features, visit the drawdowns tool.
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Volatility
QDIV vs. QQQ - Volatility Comparison
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