AVSE vs QQQ
Avantis Responsible Emerging Markets Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, AVSE or QQQ?
Small Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. AVSE led over 1Y, QQQ over 3Y 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 | AVSE | QQQ |
|---|---|---|
| Expense Ratio | 0.33% | 0.18%Best |
| AUM | $221M | $483.5B |
| Dividend Yield | 2.05% | 0.44% |
| Holdings | 2,438 | 107 |
| YTD Return | +21.15%Best | +16.87% |
| 1Y Return | +29.96%Best | +22.98% |
| 3Y Return (annualized) | +24.04% | +24.98%Best |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 18.2%Best | 21.0% |
| Max Drawdown | -26.3%Best | -29.2% |
| $10,000 over 4.5 years | $17,898 | $20,145Best |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Growth |
| Inception | Mar 28, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Mar 30, 2022 to Sep 11, 2026 (4.5 years).
AVSE 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 4.5 years both funds cover.
AVSE vs QQQ Performance
Avantis Responsible Emerging Markets Equity ETF (AVSE) is an ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVSE returned +29.96% while QQQ returned +22.98%. Year to date, AVSE is up 21.15% versus a gain of 16.87% for QQQ.
Over three years, AVSE compounded at +24.04% per year against +24.98% 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 21.0% compared with 18.2% for AVSE. 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 -26.3% for AVSE and -29.2% 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVSE 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, AVSE currently yields 2.05% against 0.44% for QQQ.
Holdings Overlap
At least 0.3% of QQQ's money is in holdings AVSE also owns.
Stated as a floor: for AVSE, our book for it covers 93.4% 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 1,527 positions we hold weights for in AVSE and 102 in QQQ, against full books of 2,438 and 107.
Top Shared Holdings
| Stock | Weight in AVSE | Weight in QQQ | Difference |
|---|---|---|---|
| PDD:IEPdd Holdings Inc | 0.38% | 0.27% | 0.11% |
You are not choosing between two funds in isolation.
Whichever of AVSE 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, AVSE or QQQ?
AVSE 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, AVSE or QQQ?
Over the past year AVSE returned +29.96% vs +22.98% for QQQ, so AVSE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVSE or QQQ?
QQQ has been the more volatile fund at 21.0% annualized versus 18.2% for AVSE. Worst drawdown: AVSE -26.3% vs QQQ -29.2%.
Should I hold both AVSE and QQQ?
AVSE and QQQ have a monthly-return correlation of 0.70, 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, AVSE or QQQ?
AVSE yields 2.05% while QQQ yields 0.44%, so AVSE currently pays the higher dividend yield.
Is QQQ better than AVSE?
QQQ has a lower expense ratio. AVSE led over 1Y, QQQ over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.