QQQ vs VONV

Quick Verdict

VONV has a lower expense ratio. VONV delivered stronger 1-year returns. VONV offers more diversification with 863 holdings.

Lower Fees: VONVHigher Returns: VONVMore Diversified: VONV

Side-by-Side Comparison

MetricQQQVONVWinner
Expense Ratio0.18%0.06%
AUM$455.8B$19.9B
Dividend Yield0.41%1.99%
Holdings108868
YTD Return+18.20%+22.33%
1Y Return+27.63%+34.69%
3Y Return (annualized)+25.54%+19.32%
5Y Return (annualized)+15.12%+12.11%
Volatility (annualized)30.6%14.4%
Max Drawdown-83.0%-38.2%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionMar 10, 1999Sep 20, 2010

QQQ vs VONV Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Vanguard Russell 1000 Value ETF (VONV) is a ETF from Vanguard (US). Over the past year QQQ returned +27.63% while VONV returned +34.69%. Year to date, QQQ is up 18.20% versus a gain of 22.33% for VONV.

Over three years, QQQ compounded at +25.54% per year against +19.32% for VONV; over five years the annualized figures are +15.12% and +12.11% respectively. Across the full 16-year window we track, QQQ has the edge at +13.11% annualized vs +10.58%. 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 14.4% for VONV. 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 -38.2% for VONV. 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 0.73. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

QQQ charges 0.18% per year while VONV charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 1.99% for VONV.

Holdings Overlap

22.4%overlap

QQQ and VONV share 55 holdings out of 911 unique holdings combined, representing a 22.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QQQWeight in VONVDifference
MU4.67%1.76%2.91%
AMZN4.26%2.12%2.14%
GOOG3.06%2.40%0.66%
AMDProProPro
WMTProProPro
METAProProPro
INTCProProPro
CSCOProProPro
AMATProProPro
LIN:IEProProPro
See all 10 holdings QQQ shares with VONV
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, QQQ or VONV?

QQQ has an expense ratio of 0.18% while VONV charges 0.06%. VONV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.

Which performed better, QQQ or VONV?

Over the past year QQQ returned +27.63% vs +34.69% for VONV, so VONV leads on 1-year performance. Over the longest common window we track (16 years), QQQ annualized +13.11% vs +10.58% for VONV. Past performance does not guarantee future results.

Which is riskier, QQQ or VONV?

QQQ has been the more volatile fund at 30.6% annualized versus 14.4% for VONV. Worst drawdown: QQQ -83.0% vs VONV -38.2%.

Should I hold both QQQ and VONV?

QQQ and VONV have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QQQ and VONV?

QQQ and VONV share 55 common holdings with a 22.4% weight overlap. Combined, they hold 911 unique securities.

Which pays a higher dividend, QQQ or VONV?

QQQ yields 0.41% while VONV yields 1.99%, so VONV currently pays the higher dividend yield.

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