AVSE vs QQQ
Avantis Responsible Emerging Markets Equity ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. AVSE delivered stronger 1-year returns. AVSE offers more diversification with 2,438 holdings.
Side-by-Side Comparison
| Metric | AVSE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.18% | |
| AUM | $221M | $496.3B | |
| Dividend Yield | 2.16% | 0.44% | |
| Holdings | 2,438 | 108 | |
| YTD Return | +18.29% | +16.23% | |
| 1Y Return | +32.70% | +26.23% | |
| 3Y Return (annualized) | +23.81% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 18.3% | 30.6% | |
| Max Drawdown | -26.3% | -83.0% | |
| Fund Family | Avantis Investors | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 28, 2022 | Mar 10, 1999 |
AVSE vs QQQ Performance
Avantis Responsible Emerging Markets Equity ETF (AVSE) is a ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AVSE returned +32.70% while QQQ returned +26.23%. Year to date, AVSE is up 18.29% versus a gain of 16.23% for QQQ.
Over three years, AVSE compounded at +23.81% per year against +25.75% for QQQ. Across the full 4-year window we track, AVSE has the edge at +13.40% annualized vs +13.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 18.3% 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 -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 2.16% against 0.44% for QQQ.
Holdings Overlap
AVSE and QQQ share 1 holdings out of 1628 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AVSE | Weight in QQQ | Difference |
|---|---|---|---|
| PDD:IE | 0.38% | 0.27% | 0.11% |
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. On a $10,000 investment, that is $15 per year of difference.
Which performed better, AVSE or QQQ?
Over the past year AVSE returned +32.70% vs +26.23% for QQQ, so AVSE leads on 1-year performance. Over the longest common window we track (4 years), AVSE annualized +13.40% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, AVSE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.3% for AVSE. Worst drawdown: AVSE -26.3% vs QQQ -83.0%.
Should I hold both AVSE and QQQ?
AVSE and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVSE and QQQ?
AVSE and QQQ share 1 common holdings with a 0.3% weight overlap. Combined, they hold 1628 unique securities.
Which pays a higher dividend, AVSE or QQQ?
AVSE yields 2.16% while QQQ yields 0.44%, so AVSE currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.