IVV vs QQQM

Quick Verdict

IVV has a lower expense ratio. QQQM delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: QQQMMore Diversified: IVV

Side-by-Side Comparison

MetricIVVQQQMWinner
Expense Ratio0.03%0.15%
AUM$865.2B$96.5B
Dividend Yield1.09%0.43%
Holdings508107
YTD Return+13.80%+18.23%
1Y Return+23.70%+27.67%
3Y Return (annualized)+21.49%+25.63%
5Y Return (annualized)+13.43%+15.21%
Volatility (annualized)15.1%20.2%
Max Drawdown-56.5%-35.0%
Fund FamilyiShares by BlackRock (US)Invesco (US)
CategoryEquityEquity
InceptionMay 15, 2000Oct 13, 2020

IVV vs QQQM Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco NASDAQ 100 ETF (QQQM) is a ETF from Invesco (US). Over the past year IVV returned +23.70% while QQQM returned +27.67%. Year to date, IVV is up 13.80% versus a gain of 18.23% for QQQM.

Over three years, IVV compounded at +21.49% per year against +25.63% for QQQM; over five years the annualized figures are +13.43% and +15.21% respectively. Across the full 6-year window we track, QQQM has the edge at +17.42% annualized vs +7.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QQQM has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 15.1% for IVV. 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 -56.5% for IVV and -35.0% for QQQM. 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

IVV charges 0.03% per year while QQQM charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.43% for QQQM.

Holdings Overlap

51.0%overlap

IVV and QQQM share 86 holdings out of 522 unique holdings combined, representing a 51.0% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in IVVWeight in QQQMDifference
NVDA7.76%7.52%0.24%
AAPL7.44%6.60%0.84%
MSFT4.57%4.37%0.20%
AMZNProProPro
MUProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
TSLAProProPro
METAProProPro
See all 10 holdings IVV shares with QQQM
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or QQQM?

IVV has an expense ratio of 0.03% while QQQM charges 0.15%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.

Which performed better, IVV or QQQM?

Over the past year IVV returned +23.70% vs +27.67% for QQQM, so QQQM leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.05% vs +17.42% for QQQM. Past performance does not guarantee future results.

Which is riskier, IVV or QQQM?

QQQM has been the more volatile fund at 20.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs QQQM -35.0%.

Should I hold both IVV and QQQM?

IVV and QQQM have a monthly-return correlation of 0.92, 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 IVV and QQQM?

IVV and QQQM share 86 common holdings with a 51.0% weight overlap. Combined, they hold 522 unique securities.

Which pays a higher dividend, IVV or QQQM?

IVV yields 1.09% while QQQM yields 0.43%, so IVV currently pays the higher dividend yield.

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