Dividend comparison

QDVO vs QQQ: Which Is Better?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Amplify CWP Growth & Income ETF and Invesco QQQ Trust, Series 1, side by side. Updated October 21, 2026.

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QDVO vs QQQ: key differences
The short answer, from the latest data on this page.
  • Fees. QQQ is cheaper at 0.18% a year versus 0.56% for QDVO. On $10,000 that is $38 a year less in fees.
  • Income. QDVO pays more income, yielding 10.69% over the last twelve months versus 0.53% for QQQ. That is about $1,016 more a year on $10,000. QDVO pays monthly, QQQ pays annual.
  • Performance. Over the last 1 year, QQQ returned 17.8% versus 2.1% for QDVO, with dividends reinvested. $10,000 would have grown to $11,778 in QQQ and $10,208 in QDVO.
  • Risk. QQQ has been the bumpier ride. Its worst peak-to-trough decline over the last 1 year was -35.1%, against -17.7% for QDVO.
  • Diversification. QQQ holds 102 positions and QDVO holds 45. The ten largest positions make up 58.0% of QDVO and 47.2% of QQQ.
  • Overlap. 62% of the two portfolios overlap by weight, across 26 shared holdings.
  • Size. QQQ is the larger fund with $487.5 billion in assets, against $763 million for QDVO.

Bottom line: QDVO fits better if you care most about more income today and smaller drawdowns. QQQ fits better if you care most about lower fees, stronger 1-year returns and broader diversification.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricQDVO
Amplify CWP Growth & Income ETF
QQQ
Invesco QQQ Trust, Series 1
Dividend yield (TTM)10.69%0.53%
Dividend / share (TTM)$3.15$3.79
Payout frequencyMonthlyAnnual
Last dividend$0.2787 on Sep 30, 2026$0.7514 on Oct 8, 2026
Ex-dividend dateSep 29, 2026Dec 21, 2026
Next payment—$0.7941 on Dec 28, 2026
Dividend growth (CAGR)—13.3% over 4 yrs
Price$29.46$717.63
Beta1.021.23
Max drawdown (5Y)-17.7%-35.1%
Market cap$767.2M$479.05B
ExchangeAMEXNASDAQ
Expense ratio0.56%0.18%
Assets under management$763.0M$487.46B
Number of holdings45102
Top 10 concentration58.0%47.2%
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

QDVO

$89.08/mo

$1069 /yr at 10.69% yield

QQQ

$4.40/mo

$53 /yr at 0.53% yield

Dividend history
Total dividends paid per share in each calendar year. QDVO pays monthly; QQQ pays annual.
YearQDVOQQQ
2025$2.8784$2.7949
2024—$3.0623
2023—$2.3200
2022—$2.1351
2021—$1.6968
Strategy: Broad index
Low-cost funds that hold an entire market or index at market-cap weights and make no attempt to select securities. Return is the index return less a small fee, and dividends are a by-product of what the underlying companies choose to pay rather than an objective of the strategy. Differences between funds tracking the same index usually come down to fee, wrapper structure, share price and trading liquidity, not to holdings.

Current income is low and outside your control, so these need pairing with something else if the portfolio has to produce cash today.

What QDVO vs QQQ actually do

QQQ
Invesco's fund tracking the Nasdaq-100, the largest non-financial companies listed on the Nasdaq exchange.

The index is modified market-cap weighted and excludes financials by rule, which is why it lands so heavily in technology, communication services and consumer discretionary names. In December 2025 the fund converted from a unit investment trust to a conventional open-end fund and cut its fee, so it can now reinvest income and lend securities like its peers. It remains the most liquid Nasdaq-100 vehicle by a wide margin and the reference asset for a large share of the options-income products in this category.

Suits investors who want concentrated large-cap growth exposure and anyone who needs deep options liquidity. Dividends are incidental, so it does not answer an income mandate on its own.

Growth-tilted core, concentrated

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Aug 22, 2024 would now be worth $13,520 in QDVO and $15,271 in QQQ.
PeriodQDVOQQQ
1 month-1.41%-0.43%
3 months-0.07%3.10%
Year to date1.52%17.09%
1 year2.08%17.78%
3 years—105.61%
5 years—96.98%
  • QDVO
  • QQQ
84126167202420252026135153

Both series indexed to 100 on 2024-08-22 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
  • QDVO
  • QQQ
0%15%29%44%59%Technology49.2%58.8%Communication Services13.5%12.1%Consumer Cyclical10.3%10.2%Consumer Defensive7.0%6.1%Healthcare8.0%4.4%Industrials3.4%5.5%Financial Services7.9%0.2%Basic Materials1.4%1.0%Utilities0.5%1.1%Energy0.3%0.5%Other0.2%
QDVO vs QQQ holdings overlap
62% overlap by weight, with 26 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
Largest shared holdingsQDVO weightQQQ weight
NVDANVIDIA Corp10.25%8.17%
AAPLApple Inc9.59%7.82%
MSFTMicrosoft Corp6.61%6.19%
AMZNAmazon.com Inc5.24%4.42%
MUMicron Technology Inc3.71%4.41%
AMDAdvanced Micro Devices Inc3.29%3.79%
METAMeta Platforms Inc3.95%3.28%
GOOGLAlphabet Inc8.39%3.15%
TSLATesla Inc3.05%3.02%
AVGOBroadcom Inc3.26%2.49%
Top 10 holdings
Largest positions by portfolio weight.

QDVO45 holdings total

NameWeight
NVDANVIDIA Corp10.25%
AAPLApple Inc9.59%
GOOGLAlphabet Inc8.39%
MSFTMicrosoft Corp6.61%
AMZNAmazon.com Inc5.24%
METAMeta Platforms Inc3.95%
LLYEli Lilly & Co3.73%
MUMicron Technology Inc3.71%
AMDAdvanced Micro Devices Inc3.29%
AVGOBroadcom Inc3.26%

QQQ102 holdings total

NameWeight
NVDANVIDIA Corp8.17%
AAPLApple Inc7.82%
MSFTMicrosoft Corp6.19%
AMZNAmazon.com Inc4.42%
MUMicron Technology Inc4.41%
AMDAdvanced Micro Devices Inc3.79%
METAMeta Platforms Inc3.28%
GOOGLAlphabet Inc3.15%
TSLATesla Inc3.02%
GOOGAlphabet Inc2.94%

Quick verdict

QDVO fits better if you care most about more income today and smaller drawdowns. QQQ fits better if you care most about lower fees, stronger 1-year returns and broader diversification. Model the holding inside your real portfolio before deciding.

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Frequently asked questions

Is QDVO or QQQ better for dividend income?
It depends on your goals. QDVO currently yields 10.69% Trailing Twelve Months (TTM) while QQQ yields 0.53%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between QDVO and QQQ?
Amplify CWP Growth & Income ETF (QDVO) is an ETF listed on AMEX. Invesco QQQ Trust, Series 1 (QQQ) is an ETF listed on NASDAQ. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, QDVO or QQQ?
QQQ has the lower expense ratio. QDVO charges 0.56% a year and QQQ charges 0.18%, a difference of $38 a year on a $10,000 investment.
Which has performed better, QDVO or QQQ?
Over the last 1 year, QQQ has the higher total return with dividends reinvested: QDVO returned 2.1% and QQQ returned 17.8%. Past performance does not predict future returns.
Which is riskier, QDVO or QQQ?
Measured by the worst peak-to-trough decline over the last five years, QQQ has been riskier: QDVO fell as much as 17.7% and QQQ as much as 35.1%. Their betas are 1.02 and 1.23.
How much do QDVO and QQQ overlap?
About 62% of the two portfolios overlap by weight, across 26 shared holdings. The largest shared positions are NVDA, AAPL, MSFT. Holding both still adds meaningful diversification.
How often do QDVO and QQQ pay dividends?
QDVO pays monthly and QQQ pays annual.
How much income does $10,000 in QDVO vs QQQ generate?
At current TTM yields, $10,000 in QDVO would generate roughly $89.08 per month ($1069 annually). The same amount in QQQ would produce about $4.40 per month ($53 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both QDVO and QQQ?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare QDVO vs QQQ with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how QDVO and QQQ fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.