DHS vs QQQ

Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. DHS offers more diversification with 316 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: DHS

Side-by-Side Comparison

MetricDHSQQQWinner
Expense Ratio0.38%0.18%
AUM$1.6B$455.8B
Dividend Yield3.19%0.41%
Holdings323108
YTD Return+16.40%+14.45%
1Y Return+24.48%+24.70%
3Y Return (annualized)+16.97%+24.19%
5Y Return (annualized)+12.03%+14.49%
Volatility (annualized)16.0%30.6%
Max Drawdown-69.7%-83.0%
Fund FamilyWisdomTree InvestmentsInvesco (US)
CategoryEquityEquity
InceptionJun 16, 2006Mar 10, 1999

DHS vs QQQ Performance

WisdomTree US High Dividend Fund (DHS) is a ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DHS returned +24.48% while QQQ returned +24.70%. Year to date, DHS is up 16.40% versus a gain of 14.45% for QQQ.

Over three years, DHS compounded at +16.97% per year against +24.19% for QQQ; over five years the annualized figures are +12.03% and +14.49% respectively. Across the full 20-year window we track, QQQ has the edge at +12.98% annualized vs +5.35%. 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 16.0% for DHS. 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 -69.7% for DHS 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DHS charges 0.38% per year while QQQ charges 0.18%. On a $10,000 position that is $38 vs $18 annually, a gap of $20 per year that compounds over a long holding period. On income, DHS currently yields 3.19% against 0.41% for QQQ.

Holdings Overlap

3.7%overlap

DHS and QQQ share 8 holdings out of 411 unique holdings combined, representing a 3.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DHSWeight in QQQDifference
PEP3.39%0.84%2.55%
TXN2.34%1.20%1.14%
CMCSA2.11%0.38%1.73%
MDLZProProPro
AEPProProPro
PCARProProPro
EXCProProPro
KHCProProPro
See all 8 holdings DHS shares with QQQ
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, DHS or QQQ?

DHS has an expense ratio of 0.38% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $20 per year of difference.

Which performed better, DHS or QQQ?

Over the past year DHS returned +24.48% vs +24.70% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), DHS annualized +5.35% vs +12.98% for QQQ. Past performance does not guarantee future results.

Which is riskier, DHS or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 16.0% for DHS. Worst drawdown: DHS -69.7% vs QQQ -83.0%.

Should I hold both DHS and QQQ?

DHS and QQQ have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DHS and QQQ?

DHS and QQQ share 8 common holdings with a 3.7% weight overlap. Combined, they hold 411 unique securities.

Which pays a higher dividend, DHS or QQQ?

DHS yields 3.19% while QQQ yields 0.41%, so DHS currently pays the higher dividend yield.

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