Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DYNF vs QQQ: how they differ
DYNF and QQQ hold 53% of their weight in the same names, and QQQ returned more over the year.
iShares U.S. Equity Factor Rotation Active ETF and Invesco QQQ Trust.
What they hold in common
By the books each fund has filed, DYNF and QQQ hold 53% of their money in the same securities at the same weight.
| Holding | DYNF | QQQ |
|---|---|---|
| NVIDIA Corp | 8.62% | 8.16% |
| Apple Inc | 7.75% | 7.29% |
| Microsoft Corp | 5.35% | 5.32% |
| Amazon.com Inc | 4.42% | 4.62% |
| Broadcom Inc | 3.25% | 3.37% |
| Alphabet Inc | 2.87% | 3.52% |
| Meta Platforms Inc | 2.50% | 2.97% |
| Alphabet Inc | 2.10% | 3.26% |
| Cisco Systems Inc | 2.76% | 2.09% |
| Lam Research Corp | 2.71% | 1.75% |
| Tesla Inc | 1.74% | 3.46% |
| Walmart Inc | 1.42% | 2.48% |
| Only in DYNF | Only in QQQ |
|---|---|
| JPMorgan Chase & Co 3.59% | QUALCOMM Inc. 1.18% |
| Berkshire Hathaway Inc 2.38% | KLA Corp. 1.11% |
| Exxon Mobil Corp 1.93% | Linde PLC 1.01% |
| Johnson & Johnson 1.92% | Palo Alto Networks, Inc. 1.01% |
| Duke Energy Corp 1.63% | T-Mobile US, Inc. 0.91% |
| Bank of America Corp 1.59% | Analog Devices, Inc. 0.89% |
| Parker-Hannifin Corp 1.50% | PepsiCo, Inc. 0.87% |
| Hartford Insurance Group Inc/The 1.48% | Seagate Technology Holdings PLC 0.84% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| DYNF iShares U.S. Equity Factor Rotation Active ETF | QQQ Invesco QQQ Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | U.S. Equity Factor Rotation Active | Nasdaq-100, book from QQQM |
| Total return, 1 year | +20.8% | +23.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.3 pts | +5.5 pts |
| Expense ratio | 0.26% | 0.18% |
| Already in the S&P 500 | 98.8% | 96.7% |
| Holdings | 187 | 101 |
DYNF in plain words
DYNF is an index equity fund tracking the U.S. Equity Factor Rotation Active. Over the year to Sep 11, 2026 it returned +20.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.26% a year. By its holdings filed for Apr 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 187 positions, with the top ten at 43.8%.
QQQ in plain words
QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, DYNF or QQQ?
- In the year to Sep 12, 2026, with distributions reinvested, DYNF returned +20.8% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DYNF or QQQ?
- DYNF charges 0.26% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
- How much do DYNF and QQQ overlap with the S&P 500?
- By their latest filed holdings, 99% of DYNF and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 53% of their books are the same securities at the same weight.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DYNF against QQQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/DYNF-QQQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources