QQQ vs RDVI

Quick Verdict

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

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQRDVIWinner
Expense Ratio0.18%0.75%
AUM$455.8B$3.5B
Dividend Yield0.41%8.05%
Holdings10875
YTD Return+18.20%+15.08%
1Y Return+27.63%+26.68%
3Y Return (annualized)+25.54%+18.16%
5Y Return (annualized)+15.12%-
Volatility (annualized)30.6%15.0%
Max Drawdown-83.0%-18.4%
Fund FamilyInvesco (US)First Trust Portfolios (US)
CategoryEquityEquity
InceptionMar 10, 1999Oct 19, 2022

QQQ vs RDVI Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and FT Vest Rising Dividend Achievers Target Income ETF (RDVI) is a ETF from First Trust Portfolios (US). Over the past year QQQ returned +27.63% while RDVI returned +26.68%. Year to date, QQQ is up 18.20% versus a gain of 15.08% for RDVI.

Over three years, QQQ compounded at +25.54% per year against +18.16% for RDVI. Across the full 4-year window we track, RDVI has the edge at +20.51% annualized vs +13.11%. 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 15.0% for RDVI. 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 -83.0% for QQQ and -18.4% for RDVI. 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while RDVI charges 0.75%. On a $10,000 position that is $18 vs $75 annually, a gap of $57 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 8.05% for RDVI.

Holdings Overlap

20.2%overlap

QQQ and RDVI share 19 holdings out of 155 unique holdings combined, representing a 20.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QQQWeight in RDVIDifference
NVDA7.88%2.00%5.88%
AAPL7.46%1.68%5.78%
MU4.67%1.48%3.19%
MSFTProProPro
AMATProProPro
GOOGLProProPro
LRCXProProPro
METAProProPro
KLACProProPro
COSTProProPro
See all 10 holdings QQQ shares with RDVI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, QQQ or RDVI?

QQQ has an expense ratio of 0.18% while RDVI charges 0.75%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.

Which performed better, QQQ or RDVI?

Over the past year QQQ returned +27.63% vs +26.68% for RDVI, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.11% vs +20.51% for RDVI. Past performance does not guarantee future results.

Which is riskier, QQQ or RDVI?

QQQ has been the more volatile fund at 30.6% annualized versus 15.0% for RDVI. Worst drawdown: QQQ -83.0% vs RDVI -18.4%.

Should I hold both QQQ and RDVI?

QQQ and RDVI have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QQQ and RDVI?

QQQ and RDVI share 19 common holdings with a 20.2% weight overlap. Combined, they hold 155 unique securities.

Which pays a higher dividend, QQQ or RDVI?

QQQ yields 0.41% while RDVI yields 8.05%, so RDVI currently pays the higher dividend yield.

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