QVMT vs VOO
QVMT vs VOO
Invesco S&P 500 Concentrated QVM ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. QVMT delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | QVMT | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.13% | 0.03% | |
| AUM | $135M | $979.0B | |
| Dividend Yield | 1.77% | 1.09% | |
| Holdings | 103 | 509 | |
| YTD Return | +14.42% | +13.11% | |
| 1Y Return | +31.51% | +22.88% | |
| 3Y Return (annualized) | +17.81% | +21.08% | |
| 5Y Return (annualized) | +12.02% | +13.26% | |
| Volatility (annualized) | 20.1% | 14.1% | |
| Max Drawdown | -48.7% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 9, 2015 | Sep 7, 2010 |
QVMT vs VOO Performance
Invesco S&P 500 Concentrated QVM ETF (QVMT) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QVMT returned +31.51% while VOO returned +22.88%. Year to date, QVMT is up 14.42% versus a gain of 13.11% for VOO.
Over three years, QVMT compounded at +17.81% per year against +21.08% for VOO; over five years the annualized figures are +12.02% and +13.26% respectively. Across the full 11-year window we track, VOO has the edge at +13.54% annualized vs +10.50%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QVMT has been the more volatile fund, with annualized monthly volatility of 20.1% 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 -48.7% for QVMT 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QVMT charges 0.13% per year while VOO charges 0.03%. On a $10,000 position that is $13 vs $3 annually, a gap of $10 per year that compounds over a long holding period. On income, QVMT currently yields 1.77% against 1.09% for VOO.
Holdings Overlap
QVMT and VOO share 98 holdings out of 508 unique holdings combined, representing a 15.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QVMT | Weight in VOO | Difference |
|---|---|---|---|
| AAPL | 4.50% | 6.59% | 2.09% |
| LRCX | 5.95% | 0.84% | 5.11% |
| CAT | 5.62% | 0.76% | 4.86% |
| SNDK | Pro | Pro | Pro |
| GEV | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| KLAC | Pro | Pro | Pro |
| WDC | Pro | Pro | Pro |
| APP | Pro | Pro | Pro |
See all 10 holdings QVMT 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, QVMT or VOO?
QVMT has an expense ratio of 0.13% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $10 per year of difference.
Which performed better, QVMT or VOO?
Over the past year QVMT returned +31.51% vs +22.88% for VOO, so QVMT leads on 1-year performance. Over the longest common window we track (11 years), QVMT annualized +10.50% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, QVMT or VOO?
QVMT has been the more volatile fund at 20.1% annualized versus 14.1% for VOO. Worst drawdown: QVMT -48.7% vs VOO -34.3%.
Should I hold both QVMT and VOO?
QVMT and VOO have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QVMT and VOO?
QVMT and VOO share 98 common holdings with a 15.7% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, QVMT or VOO?
QVMT yields 1.77% while VOO yields 1.09%, so QVMT currently pays the higher dividend yield.
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