AIVL vs QQQ
WisdomTree US AI Enhanced Value Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AIVL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.18% | |
| AUM | $435M | $496.3B | |
| Dividend Yield | 1.46% | 0.44% | |
| Holdings | 101 | 108 | |
| YTD Return | +17.40% | +16.64% | |
| 1Y Return | +20.49% | +27.27% | |
| 3Y Return (annualized) | +15.25% | +25.96% | |
| 5Y Return (annualized) | +8.74% | +14.54% | |
| Volatility (annualized) | 15.9% | 30.6% | |
| Max Drawdown | -65.1% | -83.0% | |
| Fund Family | WisdomTree Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 16, 2006 | Mar 10, 1999 |
AIVL vs QQQ Performance
WisdomTree US AI Enhanced Value Fund (AIVL) is a ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AIVL returned +20.49% while QQQ returned +27.27%. Year to date, AIVL is up 17.40% versus a gain of 16.64% for QQQ.
Over three years, AIVL compounded at +15.25% per year against +25.96% for QQQ; over five years the annualized figures are +8.74% and +14.54% respectively. Across the full 20-year window we track, QQQ has the edge at +13.03% annualized vs +5.59%. 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 15.9% for AIVL. 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 -65.1% for AIVL 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIVL charges 0.38% per year while QQQ charges 0.18%. On a $10,000 position that is $38 vs $18 annually, a gap of $20 per year that compounds over a long holding period. On income, AIVL currently yields 1.46% against 0.44% for QQQ.
Holdings Overlap
AIVL and QQQ share 21 holdings out of 187 unique holdings combined, representing a 13.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AIVL or QQQ?
AIVL has an expense ratio of 0.38% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $20 per year of difference.
Which performed better, AIVL or QQQ?
Over the past year AIVL returned +20.49% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), AIVL annualized +5.59% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, AIVL or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.9% for AIVL. Worst drawdown: AIVL -65.1% vs QQQ -83.0%.
Should I hold both AIVL and QQQ?
AIVL and QQQ have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AIVL and QQQ?
AIVL and QQQ share 21 common holdings with a 13.0% weight overlap. Combined, they hold 187 unique securities.
Which pays a higher dividend, AIVL or QQQ?
AIVL yields 1.46% while QQQ yields 0.44%, so AIVL currently pays the higher dividend yield.
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