QQQ vs VIOV
QQQ vs VIOV
Invesco QQQ Trust, Series 1 vs Vanguard S&P Small Cap 600 Value ETF
Quick Verdict
VIOV has a lower expense ratio. VIOV delivered stronger 1-year returns. VIOV offers more diversification with 461 holdings.
Side-by-Side Comparison
| Metric | QQQ | VIOV | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.10% | |
| AUM | $455.8B | $1.9B | |
| Dividend Yield | 0.41% | 2.12% | |
| Holdings | 108 | 464 | |
| YTD Return | +16.83% | +21.15% | |
| 1Y Return | +26.58% | +38.10% | |
| 3Y Return (annualized) | +24.70% | +13.50% | |
| 5Y Return (annualized) | +14.88% | +8.22% | |
| Volatility (annualized) | 30.6% | 20.1% | |
| Max Drawdown | -83.0% | -48.9% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Sep 7, 2010 |
QQQ vs VIOV Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Vanguard S&P Small Cap 600 Value ETF (VIOV) is a ETF from Vanguard (US). Over the past year QQQ returned +26.58% while VIOV returned +38.10%. Year to date, QQQ is up 16.83% versus a gain of 21.15% for VIOV.
Over three years, QQQ compounded at +24.70% per year against +13.50% for VIOV; over five years the annualized figures are +14.88% and +8.22% respectively. Across the full 16-year window we track, QQQ has the edge at +13.06% annualized vs +10.99%. 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 VIOV. 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 -48.9% for VIOV. 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while VIOV charges 0.10%. On a $10,000 position that is $18 vs $10 annually, a gap of $8 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 2.12% for VIOV.
Holdings Overlap
QQQ and VIOV share 0 holdings out of 564 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, QQQ or VIOV?
QQQ has an expense ratio of 0.18% while VIOV charges 0.10%. VIOV is the cheaper option. On a $10,000 investment, that is $8 per year of difference.
Which performed better, QQQ or VIOV?
Over the past year QQQ returned +26.58% vs +38.10% for VIOV, so VIOV leads on 1-year performance. Over the longest common window we track (16 years), QQQ annualized +13.06% vs +10.99% for VIOV. Past performance does not guarantee future results.
Which is riskier, QQQ or VIOV?
QQQ has been the more volatile fund at 30.6% annualized versus 20.1% for VIOV. Worst drawdown: QQQ -83.0% vs VIOV -48.9%.
Should I hold both QQQ and VIOV?
QQQ and VIOV have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and VIOV?
QQQ and VIOV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 564 unique securities.
Which pays a higher dividend, QQQ or VIOV?
QQQ yields 0.41% while VIOV yields 2.12%, so VIOV currently pays the higher dividend yield.
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