AVGV vs QQQ
AVGV vs QQQ
Avantis All Equity Markets Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. AVGV delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | AVGV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.26% | 0.18% | |
| AUM | $414M | $455.8B | |
| Dividend Yield | 1.64% | 0.41% | |
| Holdings | 8 | 108 | |
| YTD Return | +19.38% | +18.20% | |
| 1Y Return | +34.39% | +27.63% | |
| 3Y Return (annualized) | +20.65% | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 12.8% | 30.6% | |
| Max Drawdown | -17.0% | -83.0% | |
| Fund Family | Avantis Investors | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 27, 2023 | Mar 10, 1999 |
AVGV vs QQQ Performance
Avantis All Equity Markets Value ETF (AVGV) is a ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AVGV returned +34.39% while QQQ returned +27.63%. Year to date, AVGV is up 19.38% versus a gain of 18.20% for QQQ.
Over three years, AVGV compounded at +20.65% per year against +25.54% for QQQ. Across the full 3-year window we track, AVGV has the edge at +21.62% annualized vs +13.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.8% for AVGV. 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 -17.0% for AVGV and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AVGV charges 0.26% per year while QQQ charges 0.18%. On a $10,000 position that is $26 vs $18 annually, a gap of $8 per year that compounds over a long holding period. On income, AVGV currently yields 1.64% against 0.41% for QQQ.
Holdings Overlap
AVGV and QQQ share 0 holdings out of 110 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AVGV or QQQ?
AVGV has an expense ratio of 0.26% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $8 per year of difference.
Which performed better, AVGV or QQQ?
Over the past year AVGV returned +34.39% vs +27.63% for QQQ, so AVGV leads on 1-year performance. Over the longest common window we track (3 years), AVGV annualized +21.62% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, AVGV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.8% for AVGV. Worst drawdown: AVGV -17.0% vs QQQ -83.0%.
Should I hold both AVGV and QQQ?
AVGV and QQQ have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVGV and QQQ?
AVGV and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 110 unique securities.
Which pays a higher dividend, AVGV or QQQ?
AVGV yields 1.64% while QQQ yields 0.41%, so AVGV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.