QQQM vs VOO
QQQM vs VOO
Invesco NASDAQ 100 ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. QQQM delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | QQQM | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $96.5B | $979.0B | |
| Dividend Yield | 0.43% | 1.09% | |
| Holdings | 107 | 509 | |
| YTD Return | +18.23% | +13.80% | |
| 1Y Return | +27.67% | +23.71% | |
| 3Y Return (annualized) | +25.63% | +21.50% | |
| 5Y Return (annualized) | +15.21% | +13.44% | |
| Volatility (annualized) | 20.2% | 14.1% | |
| Max Drawdown | -35.0% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 13, 2020 | Sep 7, 2010 |
QQQM vs VOO Performance
Invesco NASDAQ 100 ETF (QQQM) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QQQM returned +27.67% while VOO returned +23.71%. Year to date, QQQM is up 18.23% versus a gain of 13.80% for VOO.
Over three years, QQQM compounded at +25.63% per year against +21.50% for VOO; over five years the annualized figures are +15.21% and +13.44% respectively. Across the full 6-year window we track, QQQM has the edge at +17.42% annualized vs +13.58%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQM has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 14.1% for VOO. 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 -35.0% for QQQM and -34.3% for VOO. 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQM charges 0.15% per year while VOO charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQM currently yields 0.43% against 1.09% for VOO.
Holdings Overlap
QQQM and VOO share 87 holdings out of 521 unique holdings combined, representing a 53.1% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in QQQM | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 7.52% | 7.51% | 0.01% |
| AAPL | 6.60% | 6.59% | 0.01% |
| MSFT | 4.37% | 4.30% | 0.07% |
| AMZN | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
See all 10 holdings QQQM shares with VOO 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, QQQM or VOO?
QQQM has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, QQQM or VOO?
Over the past year QQQM returned +27.67% vs +23.71% for VOO, so QQQM leads on 1-year performance. Over the longest common window we track (6 years), QQQM annualized +17.42% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, QQQM or VOO?
QQQM has been the more volatile fund at 20.2% annualized versus 14.1% for VOO. Worst drawdown: QQQM -35.0% vs VOO -34.3%.
Should I hold both QQQM and VOO?
QQQM and VOO have a monthly-return correlation of 0.92, 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 QQQM and VOO?
QQQM and VOO share 87 common holdings with a 53.1% weight overlap. Combined, they hold 521 unique securities.
Which pays a higher dividend, QQQM or VOO?
QQQM yields 0.43% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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