QQQ vs VOOG
QQQ vs VOOG
Invesco QQQ Trust, Series 1 vs Vanguard S&P 500 Growth ETF
Quick Verdict
VOOG has a lower expense ratio. QQQ delivered stronger 1-year returns. VOOG offers more diversification with 146 holdings.
Side-by-Side Comparison
| Metric | QQQ | VOOG | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.07% | |
| AUM | $455.8B | $26.3B | |
| Dividend Yield | 0.41% | 0.54% | |
| Holdings | 108 | 151 | |
| YTD Return | +18.34% | +14.99% | |
| 1Y Return | +28.94% | +24.99% | |
| 3Y Return (annualized) | +25.28% | +26.69% | |
| 5Y Return (annualized) | +15.22% | +14.08% | |
| Volatility (annualized) | 30.6% | 15.5% | |
| Max Drawdown | -83.0% | -32.7% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Sep 7, 2010 |
QQQ vs VOOG Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Vanguard S&P 500 Growth ETF (VOOG) is a ETF from Vanguard (US). Over the past year QQQ returned +28.94% while VOOG returned +24.99%. Year to date, QQQ is up 18.34% versus a gain of 14.99% for VOOG.
Over three years, QQQ compounded at +25.28% per year against +26.69% for VOOG; over five years the annualized figures are +15.22% and +14.08% respectively. Across the full 16-year window we track, VOOG has the edge at +15.90% annualized vs +13.12%. 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 15.5% for VOOG. 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 -32.7% for VOOG. 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while VOOG charges 0.07%. On a $10,000 position that is $18 vs $7 annually, a gap of $11 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.54% for VOOG.
Holdings Overlap
QQQ and VOOG share 47 holdings out of 202 unique holdings combined, representing a 53.3% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in VOOG | Difference |
|---|---|---|---|
| NVDA | 7.88% | 13.64% | 5.76% |
| AAPL | 7.46% | 5.98% | 1.48% |
| MSFT | 4.65% | 7.80% | 3.15% |
| GOOG | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings QQQ shares with VOOG 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 VOOG?
QQQ has an expense ratio of 0.18% while VOOG charges 0.07%. VOOG is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, QQQ or VOOG?
Over the past year QQQ returned +28.94% vs +24.99% for VOOG, so QQQ leads on 1-year performance. Over the longest common window we track (16 years), QQQ annualized +13.12% vs +15.90% for VOOG. Past performance does not guarantee future results.
Which is riskier, QQQ or VOOG?
QQQ has been the more volatile fund at 30.6% annualized versus 15.5% for VOOG. Worst drawdown: QQQ -83.0% vs VOOG -32.7%.
Should I hold both QQQ and VOOG?
QQQ and VOOG have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQQ and VOOG?
QQQ and VOOG share 47 common holdings with a 53.3% weight overlap. Combined, they hold 202 unique securities.
Which pays a higher dividend, QQQ or VOOG?
QQQ yields 0.41% while VOOG yields 0.54%, so VOOG currently pays the higher dividend yield.
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