QVMS vs VOO
QVMS vs VOO
Invesco S&P SmallCap 600 QVM Multi-factor ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. QVMS delivered stronger 1-year returns. QVMS offers more diversification with 531 holdings.
Side-by-Side Comparison
| Metric | QVMS | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $251M | $979.0B | |
| Dividend Yield | 1.13% | 1.09% | |
| Holdings | 537 | 509 | |
| YTD Return | +23.18% | +13.11% | |
| 1Y Return | +34.91% | +22.88% | |
| 3Y Return (annualized) | +14.66% | +21.08% | |
| 5Y Return (annualized) | +8.52% | +13.26% | |
| Volatility (annualized) | 19.9% | 14.1% | |
| Max Drawdown | -28.4% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 28, 2021 | Sep 7, 2010 |
QVMS vs VOO Performance
Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QVMS returned +34.91% while VOO returned +22.88%. Year to date, QVMS is up 23.18% versus a gain of 13.11% for VOO.
Over three years, QVMS compounded at +14.66% per year against +21.08% for VOO; over five years the annualized figures are +8.52% and +13.26% respectively. Across the full 5-year window we track, VOO has the edge at +13.54% annualized vs +8.12%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QVMS has been the more volatile fund, with annualized monthly volatility of 19.9% 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 -28.4% for QVMS 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QVMS 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, QVMS currently yields 1.13% against 1.09% for VOO.
Holdings Overlap
QVMS and VOO share 0 holdings out of 1036 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QVMS or VOO?
QVMS 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, QVMS or VOO?
Over the past year QVMS returned +34.91% vs +22.88% for VOO, so QVMS leads on 1-year performance. Over the longest common window we track (5 years), QVMS annualized +8.12% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, QVMS or VOO?
QVMS has been the more volatile fund at 19.9% annualized versus 14.1% for VOO. Worst drawdown: QVMS -28.4% vs VOO -34.3%.
Should I hold both QVMS and VOO?
QVMS and VOO have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QVMS and VOO?
QVMS and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1036 unique securities.
Which pays a higher dividend, QVMS or VOO?
QVMS yields 1.13% while VOO yields 1.09%, so QVMS currently pays the higher dividend yield.
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