IVOG vs QQQ
IVOG vs QQQ
Vanguard S&P Mid-Cap 400 Growth ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
IVOG has a lower expense ratio. IVOG delivered stronger 1-year returns. IVOG offers more diversification with 245 holdings.
Side-by-Side Comparison
| Metric | IVOG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.18% | |
| AUM | $1.7B | $455.8B | |
| Dividend Yield | 0.81% | 0.41% | |
| Holdings | 246 | 108 | |
| YTD Return | +19.95% | +18.20% | |
| 1Y Return | +28.33% | +27.63% | |
| 3Y Return (annualized) | +16.32% | +25.54% | |
| 5Y Return (annualized) | +8.54% | +15.12% | |
| Volatility (annualized) | 16.7% | 30.6% | |
| Max Drawdown | -39.3% | -83.0% | |
| Fund Family | Vanguard (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2010 | Mar 10, 1999 |
IVOG vs QQQ Performance
Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is a ETF from Vanguard (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IVOG returned +28.33% while QQQ returned +27.63%. Year to date, IVOG is up 19.95% versus a gain of 18.20% for QQQ.
Over three years, IVOG compounded at +16.32% per year against +25.54% for QQQ; over five years the annualized figures are +8.54% and +15.12% respectively. Across the full 16-year window we track, QQQ has the edge at +13.11% annualized vs +12.60%. 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 16.7% for IVOG. 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 -39.3% for IVOG 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVOG charges 0.10% per year while QQQ charges 0.18%. On a $10,000 position that is $10 vs $18 annually, a gap of $8 per year that compounds over a long holding period. On income, IVOG currently yields 0.81% against 0.41% for QQQ.
Holdings Overlap
IVOG and QQQ share 0 holdings out of 348 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, IVOG or QQQ?
IVOG has an expense ratio of 0.10% while QQQ charges 0.18%. IVOG is the cheaper option. On a $10,000 investment, that is $8 per year of difference.
Which performed better, IVOG or QQQ?
Over the past year IVOG returned +28.33% vs +27.63% for QQQ, so IVOG leads on 1-year performance. Over the longest common window we track (16 years), IVOG annualized +12.60% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, IVOG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 16.7% for IVOG. Worst drawdown: IVOG -39.3% vs QQQ -83.0%.
Should I hold both IVOG and QQQ?
IVOG and QQQ have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVOG and QQQ?
IVOG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 348 unique securities.
Which pays a higher dividend, IVOG or QQQ?
IVOG yields 0.81% while QQQ yields 0.41%, so IVOG currently pays the higher dividend yield.
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