DCOR vs QQQ
Dimensional US Core Equity 1 ETF vs Invesco QQQ Trust, Series 1
Which is better, DCOR or QQQ?
Large Cap Blend against Large Cap Growth.
DCOR has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. DCOR is less concentrated, with 28.8% of the fund in its ten largest positions against 47.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DCOR | QQQ |
|---|---|---|
| Expense Ratio | 0.14%Best | 0.18% |
| AUM | $44.9B | $498.6B |
| Dividend Yield | 0.91% | 0.42% |
| Holdings | 2,404 | 321 |
| YTD Return | +14.77% | +24.32%Best |
| 1Y Return | +17.56% | +25.59%Best |
| 3Y Return (annualized) | +21.76% | +28.30%Best |
| 5Y Return (annualized) | - | +16.83% |
| Volatility (annualized) | 12.3%Best | 17.0% |
| Max Drawdown | -19.1%Best | -22.8% |
| $10,000 over 3.1 years | $17,593 | $20,857Best |
| Top 10 Weight | 28.8%Best | 47.2% |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 15, 2005 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 13, 2023 to Oct 6, 2026 (3.1 years).
DCOR vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.1 years both funds cover.
DCOR vs QQQ Performance
Dimensional US Core Equity 1 ETF (DCOR) is an ETF from Dimensional and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DCOR returned +17.56% while QQQ returned +25.59%. Year to date, DCOR is up 14.77% versus a gain of 24.32% for QQQ.
Over three years, DCOR compounded at +21.76% per year against +28.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 12.3% for DCOR. 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 -19.1% for DCOR and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DCOR charges 0.14% per year while QQQ charges 0.18%. On a $10,000 position that is $14 vs $18 annually, a gap of $4 per year that compounds over a long holding period. On income, DCOR currently yields 0.91% against 0.42% for QQQ.
Holdings Overlap
38.4% of DCOR's money is in holdings QQQ also owns. 94.3% of QQQ's money is in holdings DCOR also owns.
Most of QQQ is already inside DCOR. Owning both mostly buys the same companies twice.
89 positions in common, counted across the 2,394 positions we hold weights for in DCOR and 102 in QQQ, against full books of 2,404 and 321.
What only one of them owns
Our book lists 7 positions for QQQ that do not appear in our book for DCOR (3.5% of the fund), and 1,211 for DCOR that do not appear in QQQ (57.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DCOR | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.80% | 8.45% | 2.65% |
| AAPLApple, Inc | 6.03% | 7.80% | 1.77% |
| MSFTMicrosoft Corp | 4.44% | 5.88% | 1.44% |
| AMZNAmazon.Com Inc | 3.00% | 4.41% | 1.41% |
| MUMicron Technology, Inc. | 1.21% | 4.85% | 3.64% |
| METAMeta Platforms Inc | 2.10% | 3.07% | 0.97% |
| GOOGLAlphabet Inc,class A | 1.69% | 3.15% | 1.46% |
| GOOGAlphabet Inc. C | 1.54% | 2.93% | 1.39% |
| AVGOBroadcom Inc | 1.59% | 2.74% | 1.15% |
| AMDAdvanced Micro Devices Inc | 0.44% | 3.71% | 3.27% |
94.3% of QQQ is already inside DCOR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DCOR or QQQ?
DCOR has an expense ratio of 0.14% while QQQ charges 0.18%. DCOR is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, DCOR or QQQ?
Over the past year DCOR returned +17.56% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DCOR or QQQ?
QQQ has been the more volatile fund at 17.0% annualized versus 12.3% for DCOR. Worst drawdown: DCOR -19.1% vs QQQ -22.8%.
Should I hold both DCOR and QQQ?
DCOR and QQQ have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DCOR and QQQ?
94.3% of QQQ's money is in holdings DCOR also owns. 94.3% of QQQ's is in holdings DCOR also owns. They hold 89 positions in common, counted across the 2,394 positions we hold weights for in DCOR and 102 in QQQ.
Which pays a higher dividend, DCOR or QQQ?
DCOR yields 0.91% while QQQ yields 0.42%, so DCOR currently pays the higher dividend yield.
Is QQQ better than DCOR?
DCOR has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. DCOR is less concentrated, with 28.8% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.