AVDV vs QQQ
Avantis International Small Cap Value ETF vs Invesco QQQ Trust, Series 1
Which is better, AVDV or QQQ?
Small Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. AVDV led over 1Y, 3Y and 5Y, QQQ over the full window. AVDV is less concentrated, with 6.8% 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 | AVDV | QQQ |
|---|---|---|
| Expense Ratio | 0.36% | 0.18%Best |
| AUM | $20.4B | $486.1B |
| Dividend Yield | 2.77% | 0.44% |
| Holdings | 1,704 | 107 |
| YTD Return | +20.22%Best | +17.44% |
| 1Y Return | +32.37%Best | +24.69% |
| 3Y Return (annualized) | +28.45%Best | +24.76% |
| 5Y Return (annualized) | +14.88%Best | +14.22% |
| Volatility (annualized) | 20.0%Best | 20.6% |
| Max Drawdown | -43.0% | -35.1%Best |
| $10,000 over 5 years | $20,009Best | $19,441 |
| Top 10 Weight | 6.8%Best | 46.5% |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Growth |
| Inception | Sep 24, 2019 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Sep 26, 2019 to Sep 8, 2026 (7 years).
AVDV 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.
AVDV vs QQQ Performance
Avantis International Small Cap Value ETF (AVDV) is an ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVDV returned +32.37% while QQQ returned +24.69%. Year to date, AVDV is up 20.22% versus a gain of 17.44% for QQQ.
Over three years, AVDV compounded at +28.45% per year against +24.76% for QQQ; over five years the annualized figures are +14.88% and +14.22% respectively. Across the full 7-year window we track, QQQ has the edge at +21.71% annualized vs +15.45%.
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 20.0% for AVDV. 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 -43.0% for AVDV 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVDV charges 0.36% per year while QQQ charges 0.18%. On a $10,000 position that is $36 vs $18 annually, a gap of $18 per year that compounds over a long holding period. On income, AVDV currently yields 2.77% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1,240 holdings in AVDV and 102 in QQQ, totalling 96.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1,240 positions we hold weights for in AVDV and 102 in QQQ, against full books of 1,704 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for AVDV (96.8% of the fund), and 10 for AVDV that do not appear in QQQ (2.0%).
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.
You are not choosing between two funds in isolation.
Whichever of AVDV 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, AVDV or QQQ?
AVDV has an expense ratio of 0.36% while QQQ charges 0.18%. QQQ is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, AVDV or QQQ?
Over the past year AVDV returned +32.37% vs +24.69% for QQQ, so AVDV leads on 1-year performance. Over the longest common window we track (7 years), AVDV annualized +15.45% vs +21.71% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVDV or QQQ?
QQQ has been the more volatile fund at 20.6% annualized versus 20.0% for AVDV. Worst drawdown: AVDV -43.0% vs QQQ -35.1%.
Should I hold both AVDV and QQQ?
AVDV and QQQ have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AVDV or QQQ?
AVDV yields 2.77% while QQQ yields 0.44%, so AVDV currently pays the higher dividend yield.
Is QQQ better than AVDV?
QQQ has a lower expense ratio. AVDV led over 1Y, 3Y and 5Y, QQQ over the full window. AVDV is less concentrated, with 6.8% 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.