AIVC vs QQQ

AIVC vs QQQ

Which is better, AIVC or QQQ?

Large Cap Blend against Large Cap Growth.

QQQ has a lower expense ratio. AIVC led over 1Y, 3Y and 5Y, QQQ over the full window. AIVC is less concentrated, with 27.8% of the fund in its ten largest positions against 46.5%.

Lower Fees: QQQHigher Returns: splitLess Concentrated: AIVC

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

MetricAIVCQQQ
Expense Ratio0.59%0.18%Best
AUM$131M$483.5B
Dividend Yield0.10%0.44%
Holdings100107
YTD Return+60.98%Best+16.87%
1Y Return+81.62%Best+22.98%
3Y Return (annualized)+45.20%Best+24.98%
5Y Return (annualized)+15.56%Best+14.39%
Volatility (annualized)25.7%18.8%Best
Max Drawdown-56.1%-35.1%Best
$10,000 over 5 years$20,608Best$19,586
Top 10 Weight27.8%Best46.5%
Fund FamilyAmplify ETFsInvesco (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Growth
InceptionMar 8, 2016Mar 10, 1999

Volatility and max drawdown are measured over the window both funds cover: Mar 9, 2016 to Sep 11, 2026 (10.5 years).

AIVC 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 10.5 years both funds cover.

AIVC vs QQQ Performance

Amplify Bloomberg AI Equal Weight ETF (AIVC) is an ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AIVC returned +81.62% while QQQ returned +22.98%. Year to date, AIVC is up 60.98% versus a gain of 16.87% for QQQ.

Over three years, AIVC compounded at +45.20% per year against +24.98% for QQQ; over five years the annualized figures are +15.56% and +14.39% respectively. Across the full 11-year window we track, QQQ has the edge at +20.42% annualized vs +15.62%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

AIVC has been the more volatile fund, with annualized monthly volatility of 25.7% compared with 18.8% for QQQ. 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 -56.1% for AIVC 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 0.79. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

AIVC charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, AIVC currently yields 0.10% against 0.44% for QQQ.

Holdings Overlap

AIVC already in QQQ45.5%
QQQ already in AIVC49.2%

45.5% of AIVC's money is in holdings QQQ also owns. 49.2% of QQQ's money is in holdings AIVC also owns.

The two portfolios partly overlap.

21 positions in common, counted across the 46 positions we hold weights for in AIVC and 102 in QQQ, against full books of 100 and 107.

What only one of them owns

Our book lists 75 positions for QQQ that do not appear in our book for AIVC (48.5% of the fund), and 13 for AIVC that do not appear in QQQ (28.4%).

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

StockWeight in AIVCWeight in QQQDifference
NVDANvidia Corp.2.49%8.44%5.95%
AAPLApple, Inc2.20%7.27%5.07%
MSFTMicrosoft Corp 4.100 Feb 06 372.77%5.76%2.99%
AMZNAmazon.Com Inc2.45%4.67%2.22%
MUMicron Technology, Inc.1.95%4.43%2.48%
AVGOBroadcom Inc2.57%3.16%0.59%
GOOGLAlphabet A Usd 0.0012.13%3.36%1.23%
AMDAdvanced Micro Devices Inc.2.02%3.45%1.43%
CSCOCisco Systems Inc. - Ordinary Shares2.33%2.10%0.23%
STXSeagate Technology Plc2.14%0.83%1.31%

49.2% of QQQ is already inside AIVC.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

AIVCQQQ

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Frequently Asked Questions

Which is cheaper, AIVC or QQQ?

AIVC has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option, by $41 a year on a $10,000 investment.

Which performed better, AIVC or QQQ?

Over the past year AIVC returned +81.62% vs +22.98% for QQQ, so AIVC leads on 1-year performance. Over the longest common window we track (11 years), AIVC annualized +15.62% vs +20.42% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AIVC or QQQ?

AIVC has been the more volatile fund at 25.7% annualized versus 18.8% for QQQ. Worst drawdown: AIVC -56.1% vs QQQ -35.1%.

Should I hold both AIVC and QQQ?

AIVC and QQQ have a monthly-return correlation of 0.79, 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 AIVC and QQQ?

49.2% of QQQ's money is in holdings AIVC also owns. 49.2% of QQQ's is in holdings AIVC also owns. They hold 21 positions in common, counted across the 46 positions we hold weights for in AIVC and 102 in QQQ.

Which pays a higher dividend, AIVC or QQQ?

AIVC yields 0.10% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.

Is QQQ better than AIVC?

QQQ has a lower expense ratio. AIVC led over 1Y, 3Y and 5Y, QQQ over the full window. AIVC is less concentrated, with 27.8% 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.