IVES vs QQQ

IVES vs QQQ
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Quick Verdict

QQQ has a lower expense ratio. IVES delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: IVESMore Diversified: QQQ

Side-by-Side Comparison

MetricIVESQQQWinner
Expense Ratio0.75%0.18%
AUM$1.1B$496.3B
Dividend Yield0.37%0.44%
Holdings31108
YTD Return+20.97%+16.64%
1Y Return+43.06%+27.27%
3Y Return (annualized)-+25.96%
5Y Return (annualized)-+14.54%
Volatility (annualized)52.9%30.6%
Max Drawdown-48.8%-83.0%
Fund FamilyWedbush FundsInvesco (US)
CategoryEquityEquity
InceptionJun 3, 2025Mar 10, 1999

IVES vs QQQ Performance

Dan IVES Wedbush AI Revolution ETF (IVES) is a ETF from Wedbush Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IVES returned +43.06% while QQQ returned +27.27%. Year to date, IVES is up 20.97% versus a gain of 16.64% for QQQ.

Risk: Volatility and Drawdowns

IVES has been the more volatile fund, with annualized monthly volatility of 52.9% compared with 30.6% for QQQ. 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 -48.8% for IVES 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 0.36. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVES charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, IVES currently yields 0.37% against 0.44% for QQQ.

Holdings Overlap

44.3%overlap

IVES and QQQ share 15 holdings out of 118 unique holdings combined, representing a 44.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVESWeight in QQQDifference
NVDA4.86%8.44%3.58%
AAPL5.63%7.27%1.64%
MSFT5.22%5.76%0.54%
AMZNProProPro
MUProProPro
AVGOProProPro
GOOGLProProPro
AMDProProPro
METAProProPro
TSLAProProPro
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Frequently Asked Questions

Which is cheaper, IVES or QQQ?

IVES has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.

Which performed better, IVES or QQQ?

Over the past year IVES returned +43.06% vs +27.27% for QQQ, so IVES leads on 1-year performance. Over the longest common window we track (2 years), IVES annualized -11.93% vs +13.03% for QQQ. Past performance does not guarantee future results.

Which is riskier, IVES or QQQ?

IVES has been the more volatile fund at 52.9% annualized versus 30.6% for QQQ. Worst drawdown: IVES -48.8% vs QQQ -83.0%.

Should I hold both IVES and QQQ?

IVES and QQQ have a monthly-return correlation of 0.36, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVES and QQQ?

IVES and QQQ share 15 common holdings with a 44.3% weight overlap. Combined, they hold 118 unique securities.

Which pays a higher dividend, IVES or QQQ?

IVES yields 0.37% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.

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