EPMV vs QQQ
Harbor Mid Cap Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | EPMV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.88% | 0.18% | |
| AUM | $5M | $496.3B | |
| Dividend Yield | 1.25% | 0.44% | |
| Holdings | 61 | 108 | |
| YTD Return | +16.88% | +16.23% | |
| 1Y Return | +22.40% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 11.8% | 30.6% | |
| Max Drawdown | -8.8% | -83.0% | |
| Fund Family | Harbor Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 1, 2025 | Mar 10, 1999 |
EPMV vs QQQ Performance
Harbor Mid Cap Value ETF (EPMV) is a ETF from Harbor Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EPMV returned +22.40% while QQQ returned +26.23%. Year to date, EPMV is up 16.88% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 11.8% for EPMV. 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 -8.8% for EPMV 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EPMV charges 0.88% per year while QQQ charges 0.18%. On a $10,000 position that is $88 vs $18 annually, a gap of $70 per year that compounds over a long holding period. On income, EPMV currently yields 1.25% against 0.44% for QQQ.
Holdings Overlap
EPMV and QQQ share 4 holdings out of 158 unique holdings combined, representing a 3.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EPMV or QQQ?
EPMV has an expense ratio of 0.88% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $70 per year of difference.
Which performed better, EPMV or QQQ?
Over the past year EPMV returned +22.40% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), EPMV annualized +25.72% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, EPMV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 11.8% for EPMV. Worst drawdown: EPMV -8.8% vs QQQ -83.0%.
Should I hold both EPMV and QQQ?
EPMV and QQQ have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EPMV and QQQ?
EPMV and QQQ share 4 common holdings with a 3.0% weight overlap. Combined, they hold 158 unique securities.
Which pays a higher dividend, EPMV or QQQ?
EPMV yields 1.25% while QQQ yields 0.44%, so EPMV currently pays the higher dividend yield.
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