ACVF vs QQQ
American Conservative Values ETF vs Invesco QQQ Trust, Series 1
Which is better, ACVF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. ACVF is less concentrated, with 28.7% of the fund in its ten largest positions against 46.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACVF | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $154M | $483.5B |
| Dividend Yield | 0.51% | 0.44% |
| Holdings | 391 | 107 |
| YTD Return | +10.27% | +15.94%Best |
| 1Y Return | +11.70% | +20.44%Best |
| 3Y Return (annualized) | +17.40% | +24.86%Best |
| 5Y Return (annualized) | +11.43% | +14.26%Best |
| Volatility (annualized) | 14.8%Best | 20.1% |
| Max Drawdown | -24.4%Best | -35.1% |
| $10,000 over 5 years | $17,180 | $19,475Best |
| Top 10 Weight | 28.7%Best | 46.5% |
| Fund Family | ACV ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Oct 28, 2020 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 29, 2020 to Sep 14, 2026 (5.9 years).
ACVF vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.9 years both funds cover.
ACVF vs QQQ Performance
American Conservative Values ETF (ACVF) is an ETF from ACV ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ACVF returned +11.70% while QQQ returned +20.44%. Year to date, ACVF is up 10.27% versus a gain of 15.94% for QQQ.
Over three years, ACVF compounded at +17.40% per year against +24.86% for QQQ; over five years the annualized figures are +11.43% and +14.26% respectively. Across the full 6-year window we track, QQQ has the edge at +18.04% annualized vs +15.32%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 14.8% for ACVF. 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 -24.4% for ACVF and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACVF charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, ACVF currently yields 0.51% against 0.44% for QQQ.
Holdings Overlap
43.5% of ACVF's money is in holdings QQQ also owns. 64.4% of QQQ's money is in holdings ACVF also owns.
The two portfolios partly overlap.
66 positions in common, counted across the 387 positions we hold weights for in ACVF and 102 in QQQ, against full books of 391 and 107.
What only one of them owns
Our book lists 30 positions for QQQ that do not appear in our book for ACVF (33.1% of the fund), and 306 for ACVF that do not appear in QQQ (55.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACVF | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.32% | 8.44% | 0.12% |
| MSFTMicrosoft Corp | 5.36% | 5.76% | 0.40% |
| MUMicron Technology, Inc. | 1.60% | 4.43% | 2.83% |
| AVGOBroadcom Inc | 2.55% | 3.16% | 0.61% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.74% | 2.10% | 0.64% |
| AMDAdvanced Micro Devices Inc | 1.27% | 3.45% | 2.18% |
| WMTWalmart, Inc. | 1.63% | 2.41% | 0.78% |
| TSLATesla Inc | 1.15% | 2.56% | 1.41% |
| INTCIntel Corporation | 0.75% | 2.23% | 1.48% |
| AMATApplied Materials, Inc. | 1.05% | 1.86% | 0.81% |
64.4% of QQQ is already inside ACVF.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACVF or QQQ?
ACVF has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, ACVF or QQQ?
Over the past year ACVF returned +11.70% vs +20.44% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), ACVF annualized +15.32% vs +18.04% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACVF or QQQ?
QQQ has been the more volatile fund at 20.1% annualized versus 14.8% for ACVF. Worst drawdown: ACVF -24.4% vs QQQ -35.1%.
Should I hold both ACVF and QQQ?
ACVF and QQQ have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ACVF and QQQ?
64.4% of QQQ's money is in holdings ACVF also owns. 64.4% of QQQ's is in holdings ACVF also owns. They hold 66 positions in common, counted across the 387 positions we hold weights for in ACVF and 102 in QQQ.
Which pays a higher dividend, ACVF or QQQ?
ACVF yields 0.51% while QQQ yields 0.44%, so ACVF currently pays the higher dividend yield.
Is QQQ better than ACVF?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. ACVF is less concentrated, with 28.7% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.