HDV vs QQQ
HDV vs QQQ
iShares Core High Dividend ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
HDV has a lower expense ratio. HDV delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | HDV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.18% | |
| AUM | $14.7B | $455.8B | |
| Dividend Yield | 2.90% | 0.41% | |
| Holdings | 81 | 108 | |
| YTD Return | +19.38% | +12.48% | |
| 1Y Return | +25.65% | +22.35% | |
| 3Y Return (annualized) | +15.44% | +22.30% | |
| 5Y Return (annualized) | +12.10% | +14.24% | |
| Volatility (annualized) | 13.1% | 30.6% | |
| Max Drawdown | -37.0% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 29, 2011 | Mar 10, 1999 |
HDV vs QQQ Performance
iShares Core High Dividend ETF (HDV) 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 HDV returned +25.65% while QQQ returned +22.35%. Year to date, HDV is up 19.38% versus a gain of 12.48% for QQQ.
Over three years, HDV compounded at +15.44% per year against +22.30% for QQQ; over five years the annualized figures are +12.10% and +14.24% respectively. Across the full 15-year window we track, QQQ has the edge at +12.91% annualized vs +8.41%. 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 13.1% for HDV. 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 -37.0% for HDV 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HDV charges 0.08% per year while QQQ charges 0.18%. On a $10,000 position that is $8 vs $18 annually, a gap of $10 per year that compounds over a long holding period. On income, HDV currently yields 2.90% against 0.41% for QQQ.
Holdings Overlap
HDV and QQQ share 6 holdings out of 173 unique holdings combined, representing a 3.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HDV | Weight in QQQ | Difference |
|---|---|---|---|
| PEP | 3.69% | 0.84% | 2.85% |
| AMGN | 2.67% | 0.86% | 1.81% |
| SBUX | 1.41% | 0.54% | 0.87% |
| MDLZ | Pro | Pro | Pro |
| PAYX | Pro | Pro | Pro |
| KDP | Pro | Pro | Pro |
See all 6 holdings HDV shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, HDV or QQQ?
HDV has an expense ratio of 0.08% while QQQ charges 0.18%. HDV is the cheaper option. On a $10,000 investment, that is $10 per year of difference.
Which performed better, HDV or QQQ?
Over the past year HDV returned +25.65% vs +22.35% for QQQ, so HDV leads on 1-year performance. Over the longest common window we track (15 years), HDV annualized +8.41% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, HDV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.1% for HDV. Worst drawdown: HDV -37.0% vs QQQ -83.0%.
Should I hold both HDV and QQQ?
HDV and QQQ have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HDV and QQQ?
HDV and QQQ share 6 common holdings with a 3.0% weight overlap. Combined, they hold 173 unique securities.
Which pays a higher dividend, HDV or QQQ?
HDV yields 2.90% while QQQ yields 0.41%, so HDV currently pays the higher dividend yield.
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