IWD vs QQQ
IWD vs QQQ
iShares Russell 1000 Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
IWD delivered stronger 1-year returns. IWD offers more diversification with 753 holdings.
Side-by-Side Comparison
| Metric | IWD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.18% | |
| AUM | $81.3B | $455.8B | |
| Dividend Yield | 1.44% | 0.41% | |
| Holdings | 874 | 108 | |
| YTD Return | +21.54% | +16.83% | |
| 1Y Return | +33.73% | +26.58% | |
| 3Y Return (annualized) | +18.75% | +24.70% | |
| 5Y Return (annualized) | +11.81% | +14.88% | |
| Volatility (annualized) | 15.1% | 30.6% | |
| Max Drawdown | -61.9% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 22, 2000 | Mar 10, 1999 |
IWD vs QQQ Performance
iShares Russell 1000 Value ETF (IWD) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IWD returned +33.73% while QQQ returned +26.58%. Year to date, IWD is up 21.54% versus a gain of 16.83% for QQQ.
Over three years, IWD compounded at +18.75% per year against +24.70% for QQQ; over five years the annualized figures are +11.81% and +14.88% respectively. Across the full 26-year window we track, QQQ has the edge at +13.06% annualized vs +6.43%. 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 15.1% for IWD. 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 -61.9% for IWD 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IWD charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, IWD currently yields 1.44% against 0.41% for QQQ.
Holdings Overlap
IWD and QQQ share 52 holdings out of 804 unique holdings combined, representing a 27.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IWD | Weight in QQQ | Difference |
|---|---|---|---|
| AAPL | 5.69% | 7.46% | 1.77% |
| AMZN | 5.96% | 4.26% | 1.70% |
| MSFT | 3.95% | 4.65% | 0.70% |
| META | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| COST | Pro | Pro | Pro |
| LIN:IE | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
See all 10 holdings IWD shares with QQQ 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, IWD or QQQ?
IWD has an expense ratio of 0.18% while QQQ charges 0.18%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, IWD or QQQ?
Over the past year IWD returned +33.73% vs +26.58% for QQQ, so IWD leads on 1-year performance. Over the longest common window we track (26 years), IWD annualized +6.43% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, IWD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.1% for IWD. Worst drawdown: IWD -61.9% vs QQQ -83.0%.
Should I hold both IWD and QQQ?
IWD and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IWD and QQQ?
IWD and QQQ share 52 common holdings with a 27.2% weight overlap. Combined, they hold 804 unique securities.
Which pays a higher dividend, IWD or QQQ?
IWD yields 1.44% while QQQ yields 0.41%, so IWD currently pays the higher dividend yield.
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