Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

DIA vs QQQ: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, DIA returned +11.6% to QQQ's +15.2%; 22% of their weight is in the same names.

askIQ about this page

askIQ about DIA and QQQ

Net assets on Oct 27, 2026: $45.9bn for SPDR Dow Jones Industrial Average ETF Trust and $483.0bn for Invesco QQQ Trust, Series 1.

At a glance
+11.6%
DIA total return, 1 year
+15.2%
QQQ total return, 1 year
0.16%
DIA expense ratio
0.18%
QQQ expense ratio

Pair scorecard

DIA costs 0.02 points a year less; their one-year returns differ by 3.6 points; QQQ is 10.5 times larger.

DIA vs QQQ: Differences, Returns & Fees
MeasureDIAQQQ
Return
Total return, 1 year+11.6%+15.2%
Drawdown
Below its high3.0%, high on Aug 5, 20264.5%, high on Oct 6, 2026
Benchmark
What it tracksDow Jones Industrial AverageNasdaq-100 Index
Cost and size
Expense ratio0.16%0.18%
Net assets, as of Oct 27, 2026$45.9bn$483.0bn
Holdings
Holdings in common22%
Top ten holdings, share of the fund54.7%46.7%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Mar 19, 1999 to Oct 23, 2026 · 1,440 weekly returns
DIA QQQ
Return
Total return edge QQQ +843.5% +1,532.3%
Annualized edge QQQ +8.4% +10.6%
Price return edge QQQ +429.0% +1,275.8%
Risk
Volatility edge DIA 17.2% 24.3%
Max drawdown edge DIA −50.9% −82.7%
Risk-adjusted
Sharpe edge QQQ (slight) 0.46 0.46
Sortino edge QQQ (slight) 0.64 0.66
Calmar edge DIA 0.17 0.13
Reading

QQQ returned more: +1,532.3% to +843.5%. DIA swung less: 17.2% to 24.3%. DIA fell less at its worst: −50.9% to −82.7%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: DIA vs QQQ: Differences, Returns & Fees
MeasureDIAQQQEdgeHow it is measured
Return
Total return+843.5%+1,532.3%QQQPrice change plus distributions, reinvested.
Annualized+8.4%+10.6%QQQTotal return as a yearly rate.
Price return+429.0%+1,275.8%QQQPrice change alone, distributions left out.
Risk
Volatility17.2%24.3%DIASpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.3%17.0%DIALike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−50.9%−82.7%DIADeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.460.46QQQ (slight)Return above Treasury bills per unit of volatility.
Sortino0.640.66QQQ (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.170.13DIAAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,440 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

22%

By the books each fund has filed, DIA and QQQ hold 22% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

22% in common

Positions both hold · largest shared weight first DIA QQQ
MICROSOFT CORP 6.03% 6.14%
APPLE INC 3.94% 7.88%
ALPHABET INC CL A 3.64% 2.92%
AMAZON.COM INC 2.87% 4.25%
NVIDIA CORP 2.47% 8.17%
WALMART INC 1.35% 2.49%
CISCO SYSTEMS INC 1.26% 1.89%
AMGEN INC 5.08% 1.04%
HONEYWELL INTERNATIONAL INC 2.48% 0.30%
Only in one fund ↓
Only in DIA
GOLDMAN SACHS GROUP INC 10.34%
CATERPILLAR INC 8.09%
UNITEDHEALTH GROUP INC 4.65%
VISA INC CLASS A SHARES 4.56%
TRAVELERS COS INC 4.50%
JPMORGAN CHASE + CO 3.81%
SHERWIN WILLIAMS CO 3.70%
HOME DEPOT INC 3.61%
Only in QQQ
Micron Technology Inc 4.50%
Advanced Micro Devices Inc 3.93%
Tesla Inc 3.33%
Meta Platforms Inc 2.87%
Space Exploration Technologies Corp 2.74%
Alphabet Inc 2.72%
Broadcom Inc 2.53%
Intel Corp 2.12%
Check overlap with more funds →

Side by side

DIA SPDR Dow Jones Industrial Average ETF Trust QQQ Invesco QQQ Trust, Series 1
Where it sits Stock ETF Stock ETF
What it is Tracks the Dow Jones Industrial Average Tracks the Nasdaq-100
Total return, 1 year +11.6% +15.2%
Its benchmark over the same days not measured +15.2% (QQQM)
Gap to its benchmark not measured 0.0 pts vs QQQM
Expense ratio 0.16% 0.18%
Already in the S&P 500 97.1% 95.7%
Holdings 30 103
Net assets, as of Oct 27, 2026 $45.9bn $483.0bn

DIA and QQQ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-F78239E6A0

DIA and QQQ do different jobs. What does each one do in a portfolio?

  1. What each follows. DIA follows Dow Jones Industrial Average and QQQ follows Nasdaq-100 Index.
  2. Holdings in common. 22% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 DIA returned +11.6% and QQQ +15.2% with distributions reinvested, a gap of 3.6 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

DIA and QQQ flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
DIA

DIA tracks the Dow Jones Industrial Average. Over the year to Oct 28, 2026 it returned +11.6% with distributions reinvested. The prospectus expense ratio is 0.16% a year. By its holdings published by its issuer for Oct 27, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 30 positions, with the top ten at 54.7%. It sat 3.0% below its high of Aug 5, 2026 on Oct 28, 2026.

QQQ

QQQ tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DIA or QQQ?
In the year to Oct 28, 2026, with distributions reinvested, DIA returned +11.6% and QQQ +15.2%.
Which is cheaper, DIA or QQQ?
DIA is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DIA and QQQ overlap with the S&P 500?
By their latest filed holdings, 97% of DIA and 96% of QQQ by weight is stocks the S&P 500 already holds.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, DIA against QQQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/dia-vs-qqq

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.