AIVC vs QQQ
Amplify Bloomberg AI Equal Weight ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. AIVC delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AIVC | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.18% | |
| AUM | $134M | $496.3B | |
| Dividend Yield | 0.11% | 0.44% | |
| Holdings | 50 | 108 | |
| YTD Return | +59.47% | +16.23% | |
| 1Y Return | +102.44% | +26.23% | |
| 3Y Return (annualized) | +47.06% | +25.75% | |
| 5Y Return (annualized) | +17.11% | +14.78% | |
| Volatility (annualized) | 25.8% | 30.6% | |
| Max Drawdown | -56.1% | -83.0% | |
| Fund Family | Amplify ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 8, 2016 | Mar 10, 1999 |
AIVC vs QQQ Performance
Amplify Bloomberg AI Equal Weight ETF (AIVC) is a ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AIVC returned +102.44% while QQQ returned +26.23%. Year to date, AIVC is up 59.47% versus a gain of 16.23% for QQQ.
Over three years, AIVC compounded at +47.06% per year against +25.75% for QQQ; over five years the annualized figures are +17.11% and +14.78% respectively. Across the full 10-year window we track, AIVC has the edge at +15.61% annualized vs +13.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 25.8% for AIVC. 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 -83.0% for QQQ. 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 0.79. 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 0.11% against 0.44% for QQQ.
Holdings Overlap
AIVC and QQQ share 20 holdings out of 128 unique holdings combined, representing a 26.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $41 per year of difference.
Which performed better, AIVC or QQQ?
Over the past year AIVC returned +102.44% vs +26.23% for QQQ, so AIVC leads on 1-year performance. Over the longest common window we track (10 years), AIVC annualized +15.61% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, AIVC or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 25.8% for AIVC. Worst drawdown: AIVC -56.1% vs QQQ -83.0%.
Should I hold both AIVC and QQQ?
AIVC and QQQ have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AIVC and QQQ?
AIVC and QQQ share 20 common holdings with a 26.6% weight overlap. Combined, they hold 128 unique securities.
Which pays a higher dividend, AIVC or QQQ?
AIVC yields 0.11% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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