IQQQ vs VOO
IQQQ vs VOO
Proshares Nasdaq-100 High Income ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. IQQQ delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IQQQ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.03% | |
| AUM | $391M | $979.0B | |
| Dividend Yield | 4.47% | 1.09% | |
| Holdings | 108 | 509 | |
| YTD Return | +13.87% | +13.11% | |
| 1Y Return | +23.62% | +22.88% | |
| 3Y Return (annualized) | - | +21.08% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 16.9% | 14.1% | |
| Max Drawdown | -21.5% | -34.3% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 18, 2024 | Sep 7, 2010 |
IQQQ vs VOO Performance
Proshares Nasdaq-100 High Income ETF (IQQQ) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year IQQQ returned +23.62% while VOO returned +22.88%. Year to date, IQQQ is up 13.87% versus a gain of 13.11% for VOO.
Risk: Volatility and Drawdowns
IQQQ has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 14.1% for VOO. 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 -21.5% for IQQQ and -34.3% for VOO. 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IQQQ charges 0.55% per year while VOO charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, IQQQ currently yields 4.47% against 1.09% for VOO.
Holdings Overlap
IQQQ and VOO share 88 holdings out of 521 unique holdings combined, representing a 51.5% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IQQQ | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 6.31% | 7.51% | 1.20% |
| AAPL | 6.12% | 6.59% | 0.47% |
| MSFT | 3.83% | 4.30% | 0.47% |
| AMZN | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings IQQQ shares with VOO 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, IQQQ or VOO?
IQQQ has an expense ratio of 0.55% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, IQQQ or VOO?
Over the past year IQQQ returned +23.62% vs +22.88% for VOO, so IQQQ leads on 1-year performance. Over the longest common window we track (2 years), IQQQ annualized +18.16% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, IQQQ or VOO?
IQQQ has been the more volatile fund at 16.9% annualized versus 14.1% for VOO. Worst drawdown: IQQQ -21.5% vs VOO -34.3%.
Should I hold both IQQQ and VOO?
IQQQ and VOO have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IQQQ and VOO?
IQQQ and VOO share 88 common holdings with a 51.5% weight overlap. Combined, they hold 521 unique securities.
Which pays a higher dividend, IQQQ or VOO?
IQQQ yields 4.47% while VOO yields 1.09%, so IQQQ 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.