AVNM vs QQQ
AVNM vs QQQ
Avantis All International Markets Equity ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. AVNM delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | AVNM | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.31% | 0.18% | |
| AUM | $690M | $455.8B | |
| Dividend Yield | 2.37% | 0.41% | |
| Holdings | 8 | 108 | |
| YTD Return | +15.43% | +18.20% | |
| 1Y Return | +30.04% | +27.63% | |
| 3Y Return (annualized) | +21.69% | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 12.6% | 30.6% | |
| Max Drawdown | -14.0% | -83.0% | |
| Fund Family | Avantis Investors | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 27, 2023 | Mar 10, 1999 |
AVNM vs QQQ Performance
Avantis All International Markets Equity ETF (AVNM) is a ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AVNM returned +30.04% while QQQ returned +27.63%. Year to date, AVNM is up 15.43% versus a gain of 18.20% for QQQ.
Over three years, AVNM compounded at +21.69% per year against +25.54% for QQQ. Across the full 3-year window we track, AVNM has the edge at +21.91% 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 12.6% for AVNM. 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 -14.0% for AVNM 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AVNM charges 0.31% per year while QQQ charges 0.18%. On a $10,000 position that is $31 vs $18 annually, a gap of $13 per year that compounds over a long holding period. On income, AVNM currently yields 2.37% against 0.41% for QQQ.
Holdings Overlap
AVNM and QQQ share 0 holdings out of 111 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, AVNM or QQQ?
AVNM has an expense ratio of 0.31% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $13 per year of difference.
Which performed better, AVNM or QQQ?
Over the past year AVNM returned +30.04% vs +27.63% for QQQ, so AVNM leads on 1-year performance. Over the longest common window we track (3 years), AVNM annualized +21.91% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, AVNM or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.6% for AVNM. Worst drawdown: AVNM -14.0% vs QQQ -83.0%.
Should I hold both AVNM and QQQ?
AVNM and QQQ have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVNM and QQQ?
AVNM and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 111 unique securities.
Which pays a higher dividend, AVNM or QQQ?
AVNM yields 2.37% while QQQ yields 0.41%, so AVNM 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.