LODI vs QQQ

Quick Verdict

LODI has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: LODIHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricLODIQQQWinner
Expense Ratio0.15%0.18%
AUM$96M$455.8B
Dividend Yield4.99%0.41%
Holdings148108
YTD Return+2.52%+17.27%
1Y Return+4.76%+28.64%
3Y Return (annualized)-+24.88%
5Y Return (annualized)-+14.86%
Volatility (annualized)1.3%30.6%
Max Drawdown-1.0%-83.0%
Fund FamilyAdvisors Asset Management, Inc.Invesco (US)
CategoryFixed IncomeEquity
InceptionDec 3, 2024Mar 10, 1999

LODI vs QQQ Performance

AAM SLC Low Duration Income ETF (LODI) is a ETF from Advisors Asset Management, Inc. and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LODI returned +4.76% while QQQ returned +28.64%. Year to date, LODI is up 2.52% versus a gain of 17.27% for QQQ.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 1.3% for LODI. 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 -1.0% for LODI 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 0.30. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

LODI charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, LODI currently yields 4.99% against 0.41% for QQQ.

Holdings Overlap

0.0%overlap

LODI and QQQ share 0 holdings out of 156 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, LODI or QQQ?

LODI has an expense ratio of 0.15% while QQQ charges 0.18%. LODI is the cheaper option. On a $10,000 investment, that is $3 per year of difference.

Which performed better, LODI or QQQ?

Over the past year LODI returned +4.76% vs +28.64% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), LODI annualized +5.30% vs +13.08% for QQQ. Past performance does not guarantee future results.

Which is riskier, LODI or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 1.3% for LODI. Worst drawdown: LODI -1.0% vs QQQ -83.0%.

Should I hold both LODI and QQQ?

LODI and QQQ have a monthly-return correlation of 0.30, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between LODI and QQQ?

LODI and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 156 unique securities.

Which pays a higher dividend, LODI or QQQ?

LODI yields 4.99% while QQQ yields 0.41%, so LODI currently pays the higher dividend yield.

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