IVV vs QPX
iShares Core S&P 500 ETF vs Advisorshares Q Dynamic Growth ETF
Quick Verdict
IVV has a lower expense ratio. QPX delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | QPX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.74% | |
| AUM | $865.2B | $31M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 9 | |
| YTD Return | +14.50% | +11.55% | |
| 1Y Return | +22.02% | +22.67% | |
| 3Y Return (annualized) | +21.80% | +20.20% | |
| 5Y Return (annualized) | +13.37% | +11.56% | |
| Volatility (annualized) | 15.1% | 17.4% | |
| Max Drawdown | -56.5% | -34.7% | |
| Fund Family | iShares by BlackRock (US) | Advisor Shares | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 28, 2020 |
IVV vs QPX Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Advisorshares Q Dynamic Growth ETF (QPX) is a ETF from Advisor Shares. Over the past year IVV returned +22.02% while QPX returned +22.67%. Year to date, IVV is up 14.50% versus a gain of 11.55% for QPX.
Over three years, IVV compounded at +21.80% per year against +20.20% for QPX; over five years the annualized figures are +13.37% and +11.56% respectively. Across the full 6-year window we track, QPX has the edge at +13.09% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QPX has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 15.1% for IVV. 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 -56.5% for IVV and -34.7% for QPX. 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while QPX charges 1.74%. On a $10,000 position that is $3 vs $174 annually, a gap of $171 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for QPX.
Holdings Overlap
IVV and QPX share 0 holdings out of 511 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or QPX?
IVV has an expense ratio of 0.03% while QPX charges 1.74%. IVV is the cheaper option. On a $10,000 investment, that is $171 per year of difference.
Which performed better, IVV or QPX?
Over the past year IVV returned +22.02% vs +22.67% for QPX, so QPX leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.07% vs +13.09% for QPX. Past performance does not guarantee future results.
Which is riskier, IVV or QPX?
QPX has been the more volatile fund at 17.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs QPX -34.7%.
Should I hold both IVV and QPX?
IVV and QPX have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and QPX?
IVV and QPX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 511 unique securities.
Which pays a higher dividend, IVV or QPX?
IVV yields 1.09% while QPX yields 0.00%, so IVV currently pays the higher dividend yield.
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