IUSV vs QQQ
iShares Core S&P US Value ETF vs Invesco QQQ Trust, Series 1
Which is better, IUSV or QQQ?
Large Cap Value against Large Cap Growth.
IUSV has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. IUSV is less concentrated, with 22.1% 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 | IUSV | QQQ |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.18% |
| AUM | $27.7B | $483.5B |
| Dividend Yield | 1.66% | 0.44% |
| Holdings | 743 | 107 |
| YTD Return | +10.26% | +17.95%Best |
| 1Y Return | +15.32% | +21.77%Best |
| 3Y Return (annualized) | +15.33% | +25.63%Best |
| 5Y Return (annualized) | +11.90% | +15.24%Best |
| Volatility (annualized) | 15.2%Best | 22.3% |
| Max Drawdown | -66.9%Best | -80.5% |
| $10,000 over 5 years | $17,545 | $20,324Best |
| Top 10 Weight | 22.1%Best | 46.5% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jul 24, 2000 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Aug 4, 2000 to Sep 18, 2026 (26.1 years).
IUSV 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 26.1 years both funds cover.
IUSV vs QQQ Performance
iShares Core S&P US Value ETF (IUSV) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year IUSV returned +15.32% while QQQ returned +21.77%. Year to date, IUSV is up 10.26% versus a gain of 17.95% for QQQ.
Over three years, IUSV compounded at +15.33% per year against +25.63% for QQQ; over five years the annualized figures are +11.90% and +15.24% respectively. Across the full 26-year window we track, QQQ has the edge at +8.42% annualized vs +6.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 22.3% compared with 15.2% for IUSV. 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 -66.9% for IUSV and -80.5% 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IUSV charges 0.04% per year while QQQ charges 0.18%. On a $10,000 position that is $4 vs $18 annually, a gap of $14 per year that compounds over a long holding period. On income, IUSV currently yields 1.66% against 0.44% for QQQ.
Holdings Overlap
29.5% of IUSV's money is in holdings QQQ also owns. 45.7% of QQQ's money is in holdings IUSV also owns.
The two portfolios partly overlap.
60 positions in common, counted across the 715 positions we hold weights for in IUSV and 102 in QQQ, against full books of 743 and 107.
What only one of them owns
Our book lists 36 positions for QQQ that do not appear in our book for IUSV (51.9% of the fund), and 634 for IUSV that do not appear in QQQ (69.3%).
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 IUSV | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.28% | 7.27% | 0.01% |
| AMZNAmazon.Com Inc | 3.74% | 4.67% | 0.93% |
| WMTWalmart, Inc. | 1.44% | 2.41% | 0.97% |
| TSLATesla Inc | 1.23% | 2.56% | 1.33% |
| INTCIntel Corporation | 1.38% | 2.23% | 0.85% |
| COSTCostco Wholesale Corp. | 1.31% | 1.84% | 0.53% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.64% | 2.10% | 1.46% |
| TXNTexas Instrument Inc | 0.74% | 1.12% | 0.38% |
| PANWPalo Alto Networks, Inc | 0.43% | 1.30% | 0.87% |
| LINLinde Plc Ordinary Shares | 0.71% | 1.00% | 0.29% |
45.7% of QQQ is already inside IUSV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IUSV or QQQ?
IUSV has an expense ratio of 0.04% while QQQ charges 0.18%. IUSV is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, IUSV or QQQ?
Over the past year IUSV returned +15.32% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (26 years), IUSV annualized +6.56% vs +8.42% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IUSV or QQQ?
QQQ has been the more volatile fund at 22.3% annualized versus 15.2% for IUSV. Worst drawdown: IUSV -66.9% vs QQQ -80.5%.
Should I hold both IUSV and QQQ?
IUSV and QQQ have a monthly-return correlation of 0.71, 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 IUSV and QQQ?
45.7% of QQQ's money is in holdings IUSV also owns. 45.7% of QQQ's is in holdings IUSV also owns. They hold 60 positions in common, counted across the 715 positions we hold weights for in IUSV and 102 in QQQ.
Which pays a higher dividend, IUSV or QQQ?
IUSV yields 1.66% while QQQ yields 0.44%, so IUSV currently pays the higher dividend yield.
Is QQQ better than IUSV?
IUSV has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. IUSV is less concentrated, with 22.1% 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.