QQQ vs ULVM
QQQ vs ULVM
Invesco QQQ Trust, Series 1 vs VictoryShares US Value Momentum ETF
Quick Verdict
QQQ has a lower expense ratio. ULVM delivered stronger 1-year returns. ULVM offers more diversification with 124 holdings.
Side-by-Side Comparison
| Metric | QQQ | ULVM | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.20% | |
| AUM | $455.8B | $266M | |
| Dividend Yield | 0.41% | 1.63% | |
| Holdings | 108 | 127 | |
| YTD Return | +18.20% | +19.77% | |
| 1Y Return | +27.63% | +30.73% | |
| 3Y Return (annualized) | +25.54% | +21.24% | |
| 5Y Return (annualized) | +15.12% | +12.39% | |
| Volatility (annualized) | 30.6% | 17.0% | |
| Max Drawdown | -83.0% | -40.8% | |
| Fund Family | Invesco (US) | Victory Capital Management Inc. | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Oct 24, 2017 |
QQQ vs ULVM Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and VictoryShares US Value Momentum ETF (ULVM) is a ETF from Victory Capital Management Inc.. Over the past year QQQ returned +27.63% while ULVM returned +30.73%. Year to date, QQQ is up 18.20% versus a gain of 19.77% for ULVM.
Over three years, QQQ compounded at +25.54% per year against +21.24% for ULVM; over five years the annualized figures are +15.12% and +12.39% respectively. Across the full 9-year window we track, QQQ has the edge at +13.11% annualized vs +10.59%. 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 17.0% for ULVM. 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 -40.8% for ULVM. 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while ULVM charges 0.20%. On a $10,000 position that is $18 vs $20 annually, a gap of $2 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 1.63% for ULVM.
Holdings Overlap
QQQ and ULVM share 14 holdings out of 213 unique holdings combined, representing a 4.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in ULVM | Difference |
|---|---|---|---|
| MU | 4.67% | 0.28% | 4.39% |
| GOOGL | 3.29% | 0.64% | 2.65% |
| INTC | 2.29% | 0.23% | 2.06% |
| GILD | Pro | Pro | Pro |
| ADI | Pro | Pro | Pro |
| SNDK | Pro | Pro | Pro |
| PCAR | Pro | Pro | Pro |
| MAR | Pro | Pro | Pro |
| ROST | Pro | Pro | Pro |
| KHC | Pro | Pro | Pro |
See all 10 holdings QQQ shares with ULVM 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 ULVM?
QQQ has an expense ratio of 0.18% while ULVM charges 0.20%. QQQ is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, QQQ or ULVM?
Over the past year QQQ returned +27.63% vs +30.73% for ULVM, so ULVM leads on 1-year performance. Over the longest common window we track (9 years), QQQ annualized +13.11% vs +10.59% for ULVM. Past performance does not guarantee future results.
Which is riskier, QQQ or ULVM?
QQQ has been the more volatile fund at 30.6% annualized versus 17.0% for ULVM. Worst drawdown: QQQ -83.0% vs ULVM -40.8%.
Should I hold both QQQ and ULVM?
QQQ and ULVM have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and ULVM?
QQQ and ULVM share 14 common holdings with a 4.9% weight overlap. Combined, they hold 213 unique securities.
Which pays a higher dividend, QQQ or ULVM?
QQQ yields 0.41% while ULVM yields 1.63%, so ULVM currently pays the higher dividend yield.
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