QDVO vs QQQ
QDVO vs QQQ
Amplify CWP Growth & Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QDVO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.18% | |
| AUM | $719M | $455.8B | |
| Dividend Yield | 11.37% | 0.41% | |
| Holdings | 57 | 108 | |
| YTD Return | +10.23% | +18.20% | |
| 1Y Return | +18.02% | +27.63% | |
| 3Y Return (annualized) | - | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 13.9% | 30.6% | |
| Max Drawdown | -18.6% | -83.0% | |
| Fund Family | Amplify ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Aug 22, 2024 | Mar 10, 1999 |
QDVO vs QQQ Performance
Amplify CWP Growth & Income ETF (QDVO) is a ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year QDVO returned +18.02% while QQQ returned +27.63%. Year to date, QDVO is up 10.23% versus a gain of 18.20% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.9% for QDVO. 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 -18.6% for QDVO 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QDVO charges 0.56% per year while QQQ charges 0.18%. On a $10,000 position that is $56 vs $18 annually, a gap of $38 per year that compounds over a long holding period. On income, QDVO currently yields 11.37% against 0.41% for QQQ.
Holdings Overlap
QDVO and QQQ share 26 holdings out of 117 unique holdings combined, representing a 59.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in QDVO | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 10.01% | 7.88% | 2.13% |
| AAPL | 8.74% | 7.46% | 1.28% |
| GOOGL | 7.84% | 3.29% | 4.55% |
| MSFT | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings QDVO 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, QDVO or QQQ?
QDVO has an expense ratio of 0.56% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $38 per year of difference.
Which performed better, QDVO or QQQ?
Over the past year QDVO returned +18.02% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QDVO annualized +21.66% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, QDVO or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.9% for QDVO. Worst drawdown: QDVO -18.6% vs QQQ -83.0%.
Should I hold both QDVO and QQQ?
QDVO and QQQ have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QDVO and QQQ?
QDVO and QQQ share 26 common holdings with a 59.4% weight overlap. Combined, they hold 117 unique securities.
Which pays a higher dividend, QDVO or QQQ?
QDVO yields 11.37% while QQQ yields 0.41%, so QDVO currently pays the higher dividend yield.
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