AVMA vs QQQ
AVMA vs QQQ
Avantis Moderate Allocation ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | AVMA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.21% | 0.18% | |
| AUM | $81M | $455.8B | |
| Dividend Yield | 2.02% | 0.41% | |
| Holdings | 19 | 108 | |
| YTD Return | +11.78% | +17.27% | |
| 1Y Return | +21.17% | +28.64% | |
| 3Y Return (annualized) | +14.99% | +24.88% | |
| 5Y Return (annualized) | - | +14.86% | |
| Volatility (annualized) | 9.4% | 30.6% | |
| Max Drawdown | -11.8% | -83.0% | |
| Fund Family | Avantis Investors | Invesco (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Jun 27, 2023 | Mar 10, 1999 |
AVMA vs QQQ Performance
Avantis Moderate Allocation ETF (AVMA) is a ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AVMA returned +21.17% while QQQ returned +28.64%. Year to date, AVMA is up 11.78% versus a gain of 17.27% for QQQ.
Over three years, AVMA compounded at +14.99% per year against +24.88% for QQQ. Across the full 3-year window we track, AVMA has the edge at +15.46% annualized vs +13.08%. 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 9.4% for AVMA. 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 -11.8% for AVMA 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVMA charges 0.21% per year while QQQ charges 0.18%. On a $10,000 position that is $21 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, AVMA currently yields 2.02% against 0.41% for QQQ.
Holdings Overlap
AVMA and QQQ share 0 holdings out of 121 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, AVMA or QQQ?
AVMA has an expense ratio of 0.21% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, AVMA or QQQ?
Over the past year AVMA returned +21.17% vs +28.64% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), AVMA annualized +15.46% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, AVMA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.4% for AVMA. Worst drawdown: AVMA -11.8% vs QQQ -83.0%.
Should I hold both AVMA and QQQ?
AVMA and QQQ have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVMA and QQQ?
AVMA and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 121 unique securities.
Which pays a higher dividend, AVMA or QQQ?
AVMA yields 2.02% while QQQ yields 0.41%, so AVMA 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.