EVTR vs QQQ
EVTR vs QQQ
Eaton Vance Total Return Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. EVTR offers more diversification with 240 holdings.
Side-by-Side Comparison
| Metric | EVTR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.32% | 0.18% | |
| AUM | $5.7B | $455.8B | |
| Dividend Yield | 4.64% | 0.41% | |
| Holdings | 666 | 108 | |
| YTD Return | -0.75% | +12.48% | |
| 1Y Return | +2.74% | +22.35% | |
| 3Y Return (annualized) | - | +22.30% | |
| 5Y Return (annualized) | - | +14.24% | |
| Volatility (annualized) | 4.5% | 30.6% | |
| Max Drawdown | -4.1% | -83.0% | |
| Fund Family | Eaton Vance | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 25, 2024 | Mar 10, 1999 |
EVTR vs QQQ Performance
Eaton Vance Total Return Bond ETF (EVTR) is a ETF from Eaton Vance and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EVTR returned +2.74% while QQQ returned +22.35%. Year to date, EVTR is down 0.75% versus a gain of 12.48% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 4.5% for EVTR. 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 -4.1% for EVTR 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 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EVTR charges 0.32% per year while QQQ charges 0.18%. On a $10,000 position that is $32 vs $18 annually, a gap of $14 per year that compounds over a long holding period. On income, EVTR currently yields 4.64% against 0.41% for QQQ.
Holdings Overlap
EVTR and QQQ share 0 holdings out of 343 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, EVTR or QQQ?
EVTR has an expense ratio of 0.32% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, EVTR or QQQ?
Over the past year EVTR returned +2.74% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), EVTR annualized +4.77% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, EVTR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 4.5% for EVTR. Worst drawdown: EVTR -4.1% vs QQQ -83.0%.
Should I hold both EVTR and QQQ?
EVTR and QQQ have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EVTR and QQQ?
EVTR and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 343 unique securities.
Which pays a higher dividend, EVTR or QQQ?
EVTR yields 4.64% while QQQ yields 0.41%, so EVTR currently pays the higher dividend yield.
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