DIVP vs QQQ
Cullen Enhanced Equity Income ETF vs Invesco QQQ Trust, Series 1
Which is better, DIVP or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. DIVP is less concentrated, with 35.4% of the fund in its ten largest positions against 46.5%.
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 | DIVP | QQQ |
|---|---|---|
| Expense Ratio | 0.55% | 0.18%Best |
| AUM | $59M | $483.5B |
| Dividend Yield | 6.12% | 0.44% |
| Holdings | 45 | 107 |
| YTD Return | +12.03% | +15.94%Best |
| 1Y Return | +15.58% | +20.44%Best |
| 3Y Return (annualized) | - | +24.86% |
| 5Y Return (annualized) | - | +14.26% |
| Volatility (annualized) | 9.9%Best | 17.7% |
| Max Drawdown | -13.4%Best | -22.8% |
| $10,000 over 2.5 years | $12,670 | $16,069Best |
| Top 10 Weight | 35.4%Best | 46.5% |
| Fund Family | Cullen Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 6, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 7, 2024 to Sep 14, 2026 (2.5 years).
DIVP 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 2.5 years both funds cover.
DIVP vs QQQ Performance
Cullen Enhanced Equity Income ETF (DIVP) is an ETF from Cullen Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DIVP returned +15.58% while QQQ returned +20.44%. Year to date, DIVP is up 12.03% versus a gain of 15.94% 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 17.7% compared with 9.9% for DIVP. 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 -13.4% for DIVP 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 0.09. They move largely independently of each other.
Fees and Cost Over Time
DIVP charges 0.55% per year while QQQ charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, DIVP currently yields 6.12% against 0.44% for QQQ.
Holdings Overlap
8.9% of DIVP's money is in holdings QQQ also owns. 1.5% of QQQ's money is in holdings DIVP also owns.
DIVP and QQQ share little of their money.
4 positions in common, counted across the 35 positions we hold weights for in DIVP and 102 in QQQ, against full books of 45 and 107.
What only one of them owns
Our book lists 92 positions for QQQ that do not appear in our book for DIVP (96.0% of the fund), and 28 for DIVP that do not appear in QQQ (82.0%).
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.
You are not choosing between two funds in isolation.
Whichever of DIVP and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVP or QQQ?
DIVP has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, DIVP or QQQ?
Over the past year DIVP returned +15.58% vs +20.44% 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, DIVP or QQQ?
QQQ has been the more volatile fund at 17.7% annualized versus 9.9% for DIVP. Worst drawdown: DIVP -13.4% vs QQQ -22.8%.
Should I hold both DIVP and QQQ?
DIVP and QQQ have a monthly-return correlation of 0.09, 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 DIVP and QQQ?
8.9% of DIVP's money is in holdings QQQ also owns. 1.5% of QQQ's is in holdings DIVP also owns. They hold 4 positions in common, counted across the 35 positions we hold weights for in DIVP and 102 in QQQ.
Which pays a higher dividend, DIVP or QQQ?
DIVP yields 6.12% while QQQ yields 0.44%, so DIVP currently pays the higher dividend yield.
Is QQQ better than DIVP?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. DIVP is less concentrated, with 35.4% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.