AVEM vs QQQ
Avantis Emerging Markets Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, AVEM or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. AVEM led over 1Y, QQQ over 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 | AVEM | QQQ |
|---|---|---|
| Expense Ratio | 0.33% | 0.18%Best |
| AUM | $28.1B | $483.5B |
| Dividend Yield | 1.86% | 0.44% |
| Holdings | 3,967 | 107 |
| YTD Return | +22.54%Best | +17.11% |
| 1Y Return | +34.35%Best | +23.99% |
| 3Y Return (annualized) | +24.44% | +24.62%Best |
| 5Y Return (annualized) | +10.58% | +14.23%Best |
| Volatility (annualized) | 18.7%Best | 20.6% |
| Max Drawdown | -36.0% | -35.1%Best |
| $10,000 over 5 years | $16,534 | $19,449Best |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Sep 17, 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 19, 2019 to Sep 9, 2026 (7 years).
AVEM 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.
AVEM vs QQQ Performance
Avantis Emerging Markets Equity ETF (AVEM) is an ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVEM returned +34.35% while QQQ returned +23.99%. Year to date, AVEM is up 22.54% versus a gain of 17.11% for QQQ.
Over three years, AVEM compounded at +24.44% per year against +24.62% for QQQ; over five years the annualized figures are +10.58% and +14.23% respectively. Across the full 7-year window we track, QQQ has the edge at +21.27% annualized vs +12.27%.
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 18.7% for AVEM. 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 -36.0% for AVEM 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
AVEM charges 0.33% per year while QQQ charges 0.18%. On a $10,000 position that is $33 vs $18 annually, a gap of $15 per year that compounds over a long holding period. On income, AVEM currently yields 1.86% against 0.44% for QQQ.
Holdings Overlap
At least 0.3% of QQQ's money is in holdings AVEM also owns.
Stated as a floor: for AVEM, our book for it covers 91.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 1,199 positions we hold weights for in AVEM and 102 in QQQ, against full books of 3,967 and 107.
Top Shared Holdings
| Stock | Weight in AVEM | Weight in QQQ | Difference |
|---|---|---|---|
| PDD:IEPdd Holdings Inc | 0.53% | 0.27% | 0.26% |
You are not choosing between two funds in isolation.
Whichever of AVEM 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, AVEM or QQQ?
AVEM has an expense ratio of 0.33% while QQQ charges 0.18%. QQQ is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, AVEM or QQQ?
Over the past year AVEM returned +34.35% vs +23.99% for QQQ, so AVEM leads on 1-year performance. Over the longest common window we track (7 years), AVEM annualized +12.27% vs +21.27% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVEM or QQQ?
QQQ has been the more volatile fund at 20.6% annualized versus 18.7% for AVEM. Worst drawdown: AVEM -36.0% vs QQQ -35.1%.
Should I hold both AVEM and QQQ?
AVEM 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.
Which pays a higher dividend, AVEM or QQQ?
AVEM yields 1.86% while QQQ yields 0.44%, so AVEM currently pays the higher dividend yield.
Is QQQ better than AVEM?
QQQ has a lower expense ratio. AVEM led over 1Y, QQQ over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.