QVML vs VOO
QVML vs VOO
Invesco S&P 500 QVM Multi-factor ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. QVML delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | QVML | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.11% | 0.03% | |
| AUM | $1.5B | $979.0B | |
| Dividend Yield | 1.01% | 1.09% | |
| Holdings | 451 | 509 | |
| YTD Return | +14.69% | +13.31% | |
| 1Y Return | +25.08% | +24.01% | |
| 3Y Return (annualized) | +21.63% | +21.17% | |
| 5Y Return (annualized) | +13.62% | +13.34% | |
| Volatility (annualized) | 15.3% | 14.1% | |
| Max Drawdown | -23.5% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 28, 2021 | Sep 7, 2010 |
QVML vs VOO Performance
Invesco S&P 500 QVM Multi-factor ETF (QVML) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QVML returned +25.08% while VOO returned +24.01%. Year to date, QVML is up 14.69% versus a gain of 13.31% for VOO.
Over three years, QVML compounded at +21.63% per year against +21.17% for VOO; over five years the annualized figures are +13.62% and +13.34% respectively. Across the full 5-year window we track, QVML has the edge at +14.00% annualized vs +13.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QVML has been the more volatile fund, with annualized monthly volatility of 15.3% 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 -23.5% for QVML 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QVML charges 0.11% per year while VOO charges 0.03%. On a $10,000 position that is $11 vs $3 annually, a gap of $8 per year that compounds over a long holding period. On income, QVML currently yields 1.01% against 1.09% for VOO.
Holdings Overlap
QVML and VOO share 439 holdings out of 513 unique holdings combined, representing a 83.7% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in QVML | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 8.14% | 7.51% | 0.63% |
| AAPL | 7.23% | 6.59% | 0.64% |
| GOOG | 6.46% | 2.59% | 3.87% |
| MSFT | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
See all 10 holdings QVML 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, QVML or VOO?
QVML has an expense ratio of 0.11% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $8 per year of difference.
Which performed better, QVML or VOO?
Over the past year QVML returned +25.08% vs +24.01% for VOO, so QVML leads on 1-year performance. Over the longest common window we track (5 years), QVML annualized +14.00% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, QVML or VOO?
QVML has been the more volatile fund at 15.3% annualized versus 14.1% for VOO. Worst drawdown: QVML -23.5% vs VOO -34.3%.
Should I hold both QVML and VOO?
QVML and VOO have a monthly-return correlation of 0.99, 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 QVML and VOO?
QVML and VOO share 439 common holdings with a 83.7% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, QVML or VOO?
QVML yields 1.01% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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