AVIV vs QQQ
Avantis International Large Cap Value ETF vs Invesco QQQ Trust, Series 1
Which is better, AVIV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. AVIV led over 1Y, QQQ over 3Y, 5Y and the full window. AVIV is less concentrated, with 16.1% of the fund in its ten largest positions against 46.9%.
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 | AVIV | QQQ |
|---|---|---|
| Expense Ratio | 0.25% | 0.18%Best |
| AUM | $2.0B | $437.3B |
| Dividend Yield | 2.84% | 0.43% |
| Holdings | 1,206 | 208 |
| YTD Return | +12.95% | +12.98%Best |
| 1Y Return | +18.82%Best | +11.59% |
| 3Y Return (annualized) | +22.92% | +23.05%Best |
| 5Y Return (annualized) | +12.61% | +12.74%Best |
| Volatility (annualized) | 15.9%Best | 20.8% |
| Max Drawdown | -27.7%Best | -35.1% |
| $10,000 over 5 years | $18,109 | $18,213Best |
| Top 10 Weight | 16.1%Best | 46.9% |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Sep 29, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Nov 11, 2026 (5.1 years).
AVIV 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 5.1 years both funds cover.
AVIV vs QQQ Performance
Avantis International Large Cap Value ETF (AVIV) is an ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVIV returned +18.82% while QQQ returned +11.59%. Year to date, AVIV is up 12.95% versus a gain of 12.98% for QQQ.
Over three years, AVIV compounded at +22.92% per year against +23.05% for QQQ; over five years the annualized figures are +12.61% and +12.74% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 15.9% for AVIV. 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 -27.7% for AVIV 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 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVIV 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, AVIV currently yields 2.84% against 0.43% for QQQ.
Holdings Overlap
0.1% of AVIV's money is in holdings QQQ also owns. 0.2% of QQQ's money is in holdings AVIV also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 566 positions we hold weights for in AVIV and 101 in QQQ, against full books of 1,206 and 208.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for AVIV (97.2% of the fund), and 21 for AVIV that do not appear in QQQ (12.1%).
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 AVIV | Weight in QQQ | Difference |
|---|---|---|---|
| CCEP:LNCoca-Cola Europacific Partners Plc | 0.08% | 0.20% | 0.12% |
You are not choosing between two funds in isolation.
Whichever of AVIV 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, AVIV or QQQ?
AVIV 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, AVIV or QQQ?
Over the past year AVIV returned +18.82% vs +11.59% for QQQ, so AVIV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIV or QQQ?
QQQ has been the more volatile fund at 20.8% annualized versus 15.9% for AVIV. Worst drawdown: AVIV -27.7% vs QQQ -35.1%.
Should I hold both AVIV and QQQ?
AVIV and QQQ have a monthly-return correlation of 0.51, 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, AVIV or QQQ?
AVIV yields 2.84% while QQQ yields 0.43%, so AVIV currently pays the higher dividend yield.
Is QQQ better than AVIV?
QQQ has a lower expense ratio. AVIV led over 1Y, QQQ over 3Y, 5Y and the full window. AVIV is less concentrated, with 16.1% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.