AVLV vs QQQ
AVLV vs QQQ
Avantis US Large Cap Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
AVLV has a lower expense ratio. AVLV delivered stronger 1-year returns. AVLV offers more diversification with 269 holdings.
Side-by-Side Comparison
| Metric | AVLV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $17.7B | $455.8B | |
| Dividend Yield | 1.07% | 0.41% | |
| Holdings | 263 | 108 | |
| YTD Return | +22.71% | +18.20% | |
| 1Y Return | +37.43% | +27.63% | |
| 3Y Return (annualized) | +21.12% | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 16.6% | 30.6% | |
| Max Drawdown | -19.5% | -83.0% | |
| Fund Family | Avantis Investors | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 21, 2021 | Mar 10, 1999 |
AVLV vs QQQ Performance
Avantis US Large Cap Value ETF (AVLV) is a ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AVLV returned +37.43% while QQQ returned +27.63%. Year to date, AVLV is up 22.71% versus a gain of 18.20% for QQQ.
Over three years, AVLV compounded at +21.12% per year against +25.54% for QQQ. Across the full 5-year window we track, AVLV has the edge at +15.04% 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 16.6% for AVLV. 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 -19.5% for AVLV 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVLV charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, AVLV currently yields 1.07% against 0.41% for QQQ.
Holdings Overlap
AVLV and QQQ share 24 holdings out of 348 unique holdings combined, representing a 22.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AVLV | Weight in QQQ | Difference |
|---|---|---|---|
| AAPL | 3.11% | 7.46% | 4.35% |
| MU | 3.10% | 4.67% | 1.57% |
| AMZN | 2.65% | 4.26% | 1.61% |
| MSFT | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| COST | Pro | Pro | Pro |
| NFLX | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
| AMAT | Pro | Pro | Pro |
See all 10 holdings AVLV shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, AVLV or QQQ?
AVLV has an expense ratio of 0.15% while QQQ charges 0.18%. AVLV is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, AVLV or QQQ?
Over the past year AVLV returned +37.43% vs +27.63% for QQQ, so AVLV leads on 1-year performance. Over the longest common window we track (5 years), AVLV annualized +15.04% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, AVLV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 16.6% for AVLV. Worst drawdown: AVLV -19.5% vs QQQ -83.0%.
Should I hold both AVLV and QQQ?
AVLV and QQQ have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVLV and QQQ?
AVLV and QQQ share 24 common holdings with a 22.0% weight overlap. Combined, they hold 348 unique securities.
Which pays a higher dividend, AVLV or QQQ?
AVLV yields 1.07% while QQQ yields 0.41%, so AVLV currently pays the higher dividend yield.
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