AVDE vs QQQ
Avantis International Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, AVDE 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.
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 | AVDE | QQQ |
|---|---|---|
| Expense Ratio | 0.23% | 0.18%Best |
| AUM | $19.1B | $486.1B |
| Dividend Yield | 2.40% | 0.44% |
| Holdings | 3,289 | 107 |
| YTD Return | +14.27% | +17.44%Best |
| 1Y Return | +23.17% | +24.69%Best |
| 3Y Return (annualized) | +20.95% | +24.76%Best |
| 5Y Return (annualized) | +10.55% | +14.22%Best |
| Volatility (annualized) | 17.1%Best | 20.6% |
| Max Drawdown | -37.0% | -35.1%Best |
| $10,000 over 5 years | $16,512 | $19,441Best |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 24, 2019 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 26, 2019 to Sep 8, 2026 (7 years).
AVDE 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 7 years both funds cover.
AVDE vs QQQ Performance
Avantis International Equity ETF (AVDE) is an ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVDE returned +23.17% while QQQ returned +24.69%. Year to date, AVDE is up 14.27% versus a gain of 17.44% for QQQ.
Over three years, AVDE compounded at +20.95% per year against +24.76% for QQQ; over five years the annualized figures are +10.55% and +14.22% respectively. Across the full 7-year window we track, QQQ has the edge at +21.71% annualized vs +11.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 17.1% for AVDE. 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 -37.0% for AVDE 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVDE charges 0.23% per year while QQQ charges 0.18%. On a $10,000 position that is $23 vs $18 annually, a gap of $5 per year that compounds over a long holding period. On income, AVDE currently yields 2.40% against 0.44% for QQQ.
Holdings Overlap
At least 3.0% of QQQ's money is in holdings AVDE also owns.
Stated as a floor: for AVDE, our book for it covers 91.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and AVDE share little of their money.
4 positions in common, counted across the 2,123 positions we hold weights for in AVDE and 102 in QQQ, against full books of 3,289 and 107.
You are not choosing between two funds in isolation.
Whichever of AVDE and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVDE or QQQ?
AVDE has an expense ratio of 0.23% while QQQ charges 0.18%. QQQ is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, AVDE or QQQ?
Over the past year AVDE returned +23.17% vs +24.69% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), AVDE annualized +11.83% vs +21.71% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVDE or QQQ?
QQQ has been the more volatile fund at 20.6% annualized versus 17.1% for AVDE. Worst drawdown: AVDE -37.0% vs QQQ -35.1%.
Should I hold both AVDE and QQQ?
AVDE and QQQ have a monthly-return correlation of 0.66, 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 AVDE and QQQ?
At least 3.0% of QQQ's money is in holdings AVDE also owns. Our book for AVDE is partial, so the real figure is this or higher. They hold 4 positions in common, counted across the 2,123 positions we hold weights for in AVDE and 102 in QQQ.
Which pays a higher dividend, AVDE or QQQ?
AVDE yields 2.40% while QQQ yields 0.44%, so AVDE currently pays the higher dividend yield.
Is QQQ better than AVDE?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.