QQQ vs VV

Quick Verdict

VV has a lower expense ratio. QQQ delivered stronger 1-year returns. VV offers more diversification with 431 holdings.

Lower Fees: VVHigher Returns: QQQMore Diversified: VV

Side-by-Side Comparison

MetricQQQVVWinner
Expense Ratio0.18%0.03%
AUM$455.8B$52.5B
Dividend Yield0.41%1.25%
Holdings108446
YTD Return+12.48%+9.65%
1Y Return+22.35%+18.97%
3Y Return (annualized)+22.30%+19.55%
5Y Return (annualized)+14.24%+12.43%
Volatility (annualized)30.6%14.8%
Max Drawdown-83.0%-56.0%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionMar 10, 1999Jan 27, 2004

QQQ vs VV Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Vanguard Large-Cap ETF (VV) is a ETF from Vanguard (US). Over the past year QQQ returned +22.35% while VV returned +18.97%. Year to date, QQQ is up 12.48% versus a gain of 9.65% for VV.

Over three years, QQQ compounded at +22.30% per year against +19.55% for VV; over five years the annualized figures are +14.24% and +12.43% respectively. Across the full 23-year window we track, QQQ has the edge at +12.91% annualized vs +9.36%. 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 14.8% for VV. 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 -56.0% for VV. 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 0.91. 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 VV charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 1.25% for VV.

Holdings Overlap

55.0%overlap

QQQ and VV share 92 holdings out of 442 unique holdings combined, representing a 55.0% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in QQQWeight in VVDifference
NVDA7.88%7.27%0.61%
AAPL7.46%6.72%0.74%
MSFT4.65%4.38%0.27%
AMZNProProPro
MUProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
AMDProProPro
METAProProPro
See all 10 holdings QQQ shares with VV
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, QQQ or VV?

QQQ has an expense ratio of 0.18% while VV charges 0.03%. VV is the cheaper option. On a $10,000 investment, that is $15 per year of difference.

Which performed better, QQQ or VV?

Over the past year QQQ returned +22.35% vs +18.97% for VV, so QQQ leads on 1-year performance. Over the longest common window we track (23 years), QQQ annualized +12.91% vs +9.36% for VV. Past performance does not guarantee future results.

Which is riskier, QQQ or VV?

QQQ has been the more volatile fund at 30.6% annualized versus 14.8% for VV. Worst drawdown: QQQ -83.0% vs VV -56.0%.

Should I hold both QQQ and VV?

QQQ and VV have a monthly-return correlation of 0.91, 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 VV?

QQQ and VV share 92 common holdings with a 55.0% weight overlap. Combined, they hold 442 unique securities.

Which pays a higher dividend, QQQ or VV?

QQQ yields 0.41% while VV yields 1.25%, so VV currently pays the higher dividend yield.

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