AVIE vs QQQ
Avantis Inflation Focused Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, AVIE or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. AVIE led over 1Y, QQQ over 3Y and the full window. AVIE is less concentrated, with 30.9% 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 | AVIE | QQQ |
|---|---|---|
| Expense Ratio | 0.25% | 0.18%Best |
| AUM | $13M | $483.5B |
| Dividend Yield | 1.34% | 0.44% |
| Holdings | 367 | 107 |
| YTD Return | +19.79% | +21.71%Best |
| 1Y Return | +27.89%Best | +25.89% |
| 3Y Return (annualized) | +13.21% | +28.80%Best |
| 5Y Return (annualized) | - | +15.67% |
| Volatility (annualized) | 13.7%Best | 17.9% |
| Max Drawdown | -12.4%Best | -22.8% |
| $10,000 over 4 years | $17,056 | $28,089Best |
| Top 10 Weight | 30.9%Best | 46.5% |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Sep 27, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 29, 2022 to Sep 25, 2026 (4 years).
AVIE 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 4 years both funds cover.
AVIE vs QQQ Performance
Avantis Inflation Focused Equity ETF (AVIE) is an ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVIE returned +27.89% while QQQ returned +25.89%. Year to date, AVIE is up 19.79% versus a gain of 21.71% for QQQ.
Over three years, AVIE compounded at +13.21% per year against +28.80% for QQQ. Across the full 4-year window we track, QQQ has the edge at +29.46% annualized vs +14.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 13.7% for AVIE. 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 -12.4% for AVIE 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 0.09. They move largely independently of each other.
Fees and Cost Over Time
AVIE charges 0.25% per year while QQQ charges 0.18%. On a $10,000 position that is $25 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, AVIE currently yields 1.34% against 0.44% for QQQ.
Holdings Overlap
6.7% of AVIE's money is in holdings QQQ also owns. 4.6% of QQQ's money is in holdings AVIE also owns.
AVIE and QQQ share little of their money.
10 positions in common, counted across the 361 positions we hold weights for in AVIE and 102 in QQQ, against full books of 367 and 107.
What only one of them owns
Our book lists 86 positions for QQQ that do not appear in our book for AVIE (92.9% of the fund), and 315 for AVIE that do not appear in QQQ (89.3%).
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.
Top Shared Holdings
| Stock | Weight in AVIE | Weight in QQQ | Difference |
|---|---|---|---|
| PEPPepsico Inc. | 1.68% | 0.83% | 0.85% |
| AMGNAmgen Inc. | 1.34% | 0.97% | 0.37% |
| VRTXNvaesrtex Pharmaceuticals Inc | 0.75% | 0.54% | 0.21% |
| BKRBaker Hughes Co | 0.82% | 0.27% | 0.55% |
| MNSTMonster Beverage Corp. | 0.59% | 0.41% | 0.18% |
| REGNRegeneron Pharmaceuticals, Inc. | 0.55% | 0.35% | 0.20% |
| GILDGilead Sciences | 0.00% | 0.72% | 0.72% |
| FANGDiamondback Energy, Inc. | 0.47% | 0.23% | 0.24% |
| KDPKeurig Dr Pepper Inc (kdp Us) | 0.27% | 0.18% | 0.09% |
| ALNYAlnylam Pharmaceuticals Inc. | 0.20% | 0.13% | 0.07% |
You are not choosing between two funds in isolation.
Whichever of AVIE 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, AVIE or QQQ?
AVIE has an expense ratio of 0.25% while QQQ charges 0.18%. QQQ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, AVIE or QQQ?
Over the past year AVIE returned +27.89% vs +25.89% for QQQ, so AVIE leads on 1-year performance. Over the longest common window we track (4 years), AVIE annualized +14.28% vs +29.46% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIE or QQQ?
QQQ has been the more volatile fund at 17.9% annualized versus 13.7% for AVIE. Worst drawdown: AVIE -12.4% vs QQQ -22.8%.
Should I hold both AVIE and QQQ?
AVIE and QQQ have a monthly-return correlation of 0.09, 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 AVIE and QQQ?
6.7% of AVIE's money is in holdings QQQ also owns. 4.6% of QQQ's is in holdings AVIE also owns. They hold 10 positions in common, counted across the 361 positions we hold weights for in AVIE and 102 in QQQ.
Which pays a higher dividend, AVIE or QQQ?
AVIE yields 1.34% while QQQ yields 0.44%, so AVIE currently pays the higher dividend yield.
Is QQQ better than AVIE?
QQQ has a lower expense ratio. AVIE led over 1Y, QQQ over 3Y and the full window. AVIE is less concentrated, with 30.9% 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.