DBND vs QQQ
DBND vs QQQ
DoubleLine Opportunistic Core Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. DBND offers more diversification with 586 holdings.
Side-by-Side Comparison
| Metric | DBND | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.18% | |
| AUM | $741M | $455.8B | |
| Dividend Yield | 4.77% | 0.41% | |
| Holdings | 1,097 | 108 | |
| YTD Return | -0.66% | +18.34% | |
| 1Y Return | +1.72% | +28.94% | |
| 3Y Return (annualized) | +4.67% | +25.28% | |
| 5Y Return (annualized) | - | +15.22% | |
| Volatility (annualized) | 6.0% | 30.6% | |
| Max Drawdown | -9.4% | -83.0% | |
| Fund Family | DoubleLine Funds | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 31, 2022 | Mar 10, 1999 |
DBND vs QQQ Performance
DoubleLine Opportunistic Core Bond ETF (DBND) is a ETF from DoubleLine Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DBND returned +1.72% while QQQ returned +28.94%. Year to date, DBND is down 0.66% versus a gain of 18.34% for QQQ.
Over three years, DBND compounded at +4.67% per year against +25.28% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.12% annualized vs +2.21%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 6.0% for DBND. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.4% for DBND and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DBND charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, DBND currently yields 4.77% against 0.41% for QQQ.
Holdings Overlap
DBND and QQQ share 0 holdings out of 689 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DBND or QQQ?
DBND has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, DBND or QQQ?
Over the past year DBND returned +1.72% vs +28.94% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), DBND annualized +2.21% vs +13.12% for QQQ. Past performance does not guarantee future results.
Which is riskier, DBND or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 6.0% for DBND. Worst drawdown: DBND -9.4% vs QQQ -83.0%.
Should I hold both DBND and QQQ?
DBND and QQQ have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DBND and QQQ?
DBND and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 689 unique securities.
Which pays a higher dividend, DBND or QQQ?
DBND yields 4.77% while QQQ yields 0.41%, so DBND currently pays the higher dividend yield.
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