QQQ vs SPVU
QQQ vs SPVU
Invesco QQQ Trust, Series 1 vs Invesco S&P 500 Enhanced Value ETF
Quick Verdict
SPVU has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | SPVU | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.13% | |
| AUM | $455.8B | $111M | |
| Dividend Yield | 0.41% | 2.46% | |
| Holdings | 108 | 101 | |
| YTD Return | +17.27% | +6.64% | |
| 1Y Return | +28.64% | +20.22% | |
| 3Y Return (annualized) | +24.88% | +15.36% | |
| 5Y Return (annualized) | +14.86% | +12.97% | |
| Volatility (annualized) | 30.6% | 20.1% | |
| Max Drawdown | -83.0% | -51.7% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Oct 9, 2015 |
QQQ vs SPVU Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Invesco S&P 500 Enhanced Value ETF (SPVU) is a ETF from Invesco (US). Over the past year QQQ returned +28.64% while SPVU returned +20.22%. Year to date, QQQ is up 17.27% versus a gain of 6.64% for SPVU.
Over three years, QQQ compounded at +24.88% per year against +15.36% for SPVU; over five years the annualized figures are +14.86% and +12.97% respectively. Across the full 10-year window we track, QQQ has the edge at +13.08% annualized vs +11.48%. 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 20.1% for SPVU. 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 -83.0% for QQQ and -51.7% for SPVU. 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while SPVU charges 0.13%. On a $10,000 position that is $18 vs $13 annually, a gap of $5 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 2.46% for SPVU.
Holdings Overlap
QQQ and SPVU share 5 holdings out of 198 unique holdings combined, representing a 1.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in SPVU | Difference |
|---|---|---|---|
| CMCSA | 0.38% | 2.64% | 2.26% |
| EXC | 0.21% | 0.72% | 0.51% |
| WBD | 0.30% | 0.57% | 0.27% |
| FANG | Pro | Pro | Pro |
| KHC | Pro | Pro | Pro |
See all 5 holdings QQQ shares with SPVU 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, QQQ or SPVU?
QQQ has an expense ratio of 0.18% while SPVU charges 0.13%. SPVU is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, QQQ or SPVU?
Over the past year QQQ returned +28.64% vs +20.22% for SPVU, so QQQ leads on 1-year performance. Over the longest common window we track (10 years), QQQ annualized +13.08% vs +11.48% for SPVU. Past performance does not guarantee future results.
Which is riskier, QQQ or SPVU?
QQQ has been the more volatile fund at 30.6% annualized versus 20.1% for SPVU. Worst drawdown: QQQ -83.0% vs SPVU -51.7%.
Should I hold both QQQ and SPVU?
QQQ and SPVU have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SPVU?
QQQ and SPVU share 5 common holdings with a 1.3% weight overlap. Combined, they hold 198 unique securities.
Which pays a higher dividend, QQQ or SPVU?
QQQ yields 0.41% while SPVU yields 2.46%, so SPVU currently pays the higher dividend yield.
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