AVEE vs QQQ
Avantis Emerging Markets Small Cap Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, AVEE or QQQ?
Small Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | AVEE | QQQ |
|---|---|---|
| Expense Ratio | 0.42% | 0.18%Best |
| AUM | $126M | $486.1B |
| Dividend Yield | 2.44% | 0.44% |
| Holdings | 2,833 | 107 |
| YTD Return | +11.08% | +17.44%Best |
| 1Y Return | +11.53% | +24.69%Best |
| 3Y Return (annualized) | - | +24.76% |
| 5Y Return (annualized) | - | +14.22% |
| Volatility (annualized) | 14.9%Best | 16.8% |
| Max Drawdown | -20.2%Best | -22.8% |
| $10,000 over 2.8 years | $14,826 | $19,575Best |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Growth |
| Inception | Nov 7, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 9, 2023 to Sep 8, 2026 (2.8 years).
AVEE 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 2.8 years both funds cover.
AVEE vs QQQ Performance
Avantis Emerging Markets Small Cap Equity ETF (AVEE) is an ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVEE returned +11.53% while QQQ returned +24.69%. Year to date, AVEE is up 11.08% versus a gain of 17.44% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 14.9% for AVEE. 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 -20.2% for AVEE and -22.8% 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
AVEE charges 0.42% per year while QQQ charges 0.18%. On a $10,000 position that is $42 vs $18 annually, a gap of $24 per year that compounds over a long holding period. On income, AVEE currently yields 2.44% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1,677 holdings in AVEE and 102 in QQQ, totalling 84.2% 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 1,677 positions we hold weights for in AVEE and 102 in QQQ, against full books of 2,833 and 107.
You are not choosing between two funds in isolation.
Whichever of AVEE 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, AVEE or QQQ?
AVEE has an expense ratio of 0.42% while QQQ charges 0.18%. QQQ is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, AVEE or QQQ?
Over the past year AVEE returned +11.53% vs +24.69% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVEE or QQQ?
QQQ has been the more volatile fund at 16.8% annualized versus 14.9% for AVEE. Worst drawdown: AVEE -20.2% vs QQQ -22.8%.
Should I hold both AVEE and QQQ?
AVEE 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, AVEE or QQQ?
AVEE yields 2.44% while QQQ yields 0.44%, so AVEE currently pays the higher dividend yield.
Is QQQ better than AVEE?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.