IVV vs QEW
iShares Core S&P 500 ETF vs Invesco QQQ Equal Weight ETF
Which is better, IVV or QEW?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. QEW is less concentrated, with 13.1% of the fund in its ten largest positions against 37.8%.
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 | IVV | QEW |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.25% |
| AUM | $876.4B | $21M |
| Dividend Yield | 1.06% | 0.11% |
| Holdings | 508 | 106 |
| YTD Return | +12.39% | +17.81%Best |
| 1Y Return | +16.61% | - |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Top 10 Weight | 37.8% | 13.1%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Mar 18, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IVV vs QEW 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs QEW Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco QQQ Equal Weight ETF (QEW) is an ETF from Invesco (US). Year to date, IVV is up 12.39% versus a gain of 17.81% for QEW.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while QEW charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.11% for QEW.
Holdings Overlap
54.0% of IVV's money is in holdings QEW also owns. 86.1% of QEW's money is in holdings IVV also owns.
Most of QEW is already inside IVV. Owning both mostly buys the same companies twice.
87 positions in common, counted across the 490 positions we hold weights for in IVV and 103 in QEW, against full books of 508 and 106.
What only one of them owns
Our book lists 10 positions for QEW that do not appear in our book for IVV (7.8% of the fund), and 395 for IVV that do not appear in QEW (44.6%).
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 IVV | Weight in QEW | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 1.03% | 7.04% |
| AAPLApple, Inc | 7.02% | 1.00% | 6.02% |
| MSFTMicrosoft Corp | 5.69% | 1.11% | 4.58% |
| AMZNAmazon.Com Inc | 3.84% | 0.95% | 2.89% |
| AVGOBroadcom Inc | 2.65% | 0.82% | 1.83% |
| GOOGLAlphabet Inc,class A | 3.00% | 0.44% | 2.56% |
| GOOGAlphabet Inc | 2.39% | 0.44% | 1.95% |
| METAMeta Platforms Inc | 1.90% | 0.89% | 1.01% |
| MUMicron Technology, Inc. | 1.63% | 0.97% | 0.66% |
| TSLATesla Inc | 1.56% | 0.83% | 0.73% |
86.1% of QEW is already inside IVV.
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, IVV or QEW?
IVV has an expense ratio of 0.03% while QEW charges 0.25%. IVV is the cheaper option, by $22 a year on a $10,000 investment.
What is the holdings overlap between IVV and QEW?
86.1% of QEW's money is in holdings IVV also owns. 86.1% of QEW's is in holdings IVV also owns. They hold 87 positions in common, counted across the 490 positions we hold weights for in IVV and 103 in QEW.
Which pays a higher dividend, IVV or QEW?
IVV yields 1.06% while QEW yields 0.11%, so IVV currently pays the higher dividend yield.
Is QEW better than IVV?
IVV has a lower expense ratio. QEW is less concentrated, with 13.1% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.