DCRE vs QQQ
DCRE vs QQQ
DoubleLine Commercial Real Estate Debt ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | DCRE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.18% | |
| AUM | $458M | $455.8B | |
| Dividend Yield | 4.74% | 0.41% | |
| Holdings | 259 | 108 | |
| YTD Return | +1.45% | +14.45% | |
| 1Y Return | +3.55% | +24.70% | |
| 3Y Return (annualized) | +5.86% | +24.19% | |
| 5Y Return (annualized) | - | +14.49% | |
| Volatility (annualized) | 1.4% | 30.6% | |
| Max Drawdown | -0.8% | -83.0% | |
| Fund Family | DoubleLine Funds | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 31, 2023 | Mar 10, 1999 |
DCRE vs QQQ Performance
DoubleLine Commercial Real Estate Debt ETF (DCRE) is a ETF from DoubleLine Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DCRE returned +3.55% while QQQ returned +24.70%. Year to date, DCRE is up 1.45% versus a gain of 14.45% for QQQ.
Over three years, DCRE compounded at +5.86% per year against +24.19% for QQQ. Across the full 3-year window we track, QQQ has the edge at +12.98% annualized vs +5.86%. 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 1.4% for DCRE. 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 -0.8% for DCRE 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 0.21. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DCRE charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, DCRE currently yields 4.74% against 0.41% for QQQ.
Holdings Overlap
DCRE and QQQ share 0 holdings out of 184 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, DCRE or QQQ?
DCRE has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, DCRE or QQQ?
Over the past year DCRE returned +3.55% vs +24.70% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), DCRE annualized +5.86% vs +12.98% for QQQ. Past performance does not guarantee future results.
Which is riskier, DCRE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 1.4% for DCRE. Worst drawdown: DCRE -0.8% vs QQQ -83.0%.
Should I hold both DCRE and QQQ?
DCRE and QQQ have a monthly-return correlation of 0.21, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DCRE and QQQ?
DCRE and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 184 unique securities.
Which pays a higher dividend, DCRE or QQQ?
DCRE yields 4.74% while QQQ yields 0.41%, so DCRE currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.