DMXF vs QQQ
DMXF vs QQQ
iShares ESG Advanced MSCI EAFE ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
DMXF has a lower expense ratio. DMXF delivered stronger 1-year returns. DMXF offers more diversification with 396 holdings.
Side-by-Side Comparison
| Metric | DMXF | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.12% | 0.18% | |
| AUM | $979M | $455.8B | |
| Dividend Yield | 4.18% | 0.41% | |
| Holdings | 422 | 108 | |
| YTD Return | +11.88% | +12.48% | |
| 1Y Return | +22.47% | +22.35% | |
| 3Y Return (annualized) | +16.30% | +22.30% | |
| 5Y Return (annualized) | +8.04% | +14.24% | |
| Volatility (annualized) | 16.1% | 30.6% | |
| Max Drawdown | -34.5% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 16, 2020 | Mar 10, 1999 |
DMXF vs QQQ Performance
iShares ESG Advanced MSCI EAFE ETF (DMXF) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DMXF returned +22.47% while QQQ returned +22.35%. Year to date, DMXF is up 11.88% versus a gain of 12.48% for QQQ.
Over three years, DMXF compounded at +16.30% per year against +22.30% for QQQ; over five years the annualized figures are +8.04% and +14.24% respectively. Across the full 6-year window we track, QQQ has the edge at +12.91% annualized vs +11.88%. 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 16.1% for DMXF. 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 -34.5% for DMXF 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DMXF charges 0.12% per year while QQQ charges 0.18%. On a $10,000 position that is $12 vs $18 annually, a gap of $6 per year that compounds over a long holding period. On income, DMXF currently yields 4.18% against 0.41% for QQQ.
Holdings Overlap
DMXF and QQQ share 2 holdings out of 497 unique holdings combined, representing a 0.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DMXF or QQQ?
DMXF has an expense ratio of 0.12% while QQQ charges 0.18%. DMXF is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, DMXF or QQQ?
Over the past year DMXF returned +22.47% vs +22.35% for QQQ, so DMXF leads on 1-year performance. Over the longest common window we track (6 years), DMXF annualized +11.88% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, DMXF or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 16.1% for DMXF. Worst drawdown: DMXF -34.5% vs QQQ -83.0%.
Should I hold both DMXF and QQQ?
DMXF and QQQ have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DMXF and QQQ?
DMXF and QQQ share 2 common holdings with a 0.9% weight overlap. Combined, they hold 497 unique securities.
Which pays a higher dividend, DMXF or QQQ?
DMXF yields 4.18% while QQQ yields 0.41%, so DMXF currently pays the higher dividend yield.
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