IVV vs QQA
iShares Core S&P 500 ETF vs Invesco QQQ Income Advantage ETF
Which is better, IVV or QQA?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | QQA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.29% |
| AUM | $879.1B | $881M |
| Dividend Yield | 1.09% | 10.19% |
| Holdings | 509 | 241 |
| YTD Return | +11.33%Best | +8.90% |
| 1Y Return | +13.50%Best | +10.86% |
| 3Y Return (annualized) | +20.45% | - |
| 5Y Return (annualized) | +11.61% | - |
| Volatility (annualized) | 11.8%Best | 13.1% |
| Max Drawdown | -18.8%Best | -19.7% |
| $10,000 over 2.3 years | $13,869Best | $13,731 |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Jul 17, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 17, 2024 to Nov 13, 2026 (2.3 years).
IVV vs QQA 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 2.3 years both funds cover.
IVV vs QQA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco QQQ Income Advantage ETF (QQA) is an ETF from Invesco (US). Over the past year IVV returned +13.50% while QQA returned +10.86%. Year to date, IVV is up 11.33% versus a gain of 8.90% for QQA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQA has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 11.8% 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 -18.8% for IVV and -19.7% for QQA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QQA charges 0.29%. On a $10,000 position that is $3 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 10.19% for QQA.
Holdings Overlap
At least 46.9% of IVV's money is in holdings QQA also owns.
Stated as a floor: for QQA, our book for it covers 74.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
83 positions in common, counted across the 490 positions we hold weights for in IVV and 96 in QQA, against full books of 509 and 241.
Top Shared Holdings
| Stock | Weight in IVV | Weight in QQA | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.70% | 6.38% | 1.32% |
| NVDANvidia Corp. | 7.58% | 5.10% | 2.48% |
| AMZNAmazon.Com Inc | 3.61% | 3.66% | 0.05% |
| GOOGLAlphabet Inc | 2.51% | 2.11% | 0.40% |
| METAMeta Platform Inc | 2.08% | 2.39% | 0.31% |
| MUMicron Technology, Inc. | 1.53% | 2.83% | 1.30% |
| AVGOBroadcom Inc | 2.37% | 1.98% | 0.39% |
| TSLATesla Motors Inc | 1.72% | 2.50% | 0.78% |
| AMDAdvanced Micro Devices Inc. | 1.26% | 2.91% | 1.65% |
| GOOGAlphabet Inc | 2.02% | 1.97% | 0.05% |
46.9% of IVV is already inside QQA.
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 QQA?
IVV has an expense ratio of 0.03% while QQA charges 0.29%. IVV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, IVV or QQA?
Over the past year IVV returned +13.50% vs +10.86% for QQA, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +15.28% vs +14.78% for QQA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QQA?
QQA has been the more volatile fund at 13.1% annualized versus 11.8% for IVV. Worst drawdown: IVV -18.8% vs QQA -19.7%.
Should I hold both IVV and QQA?
IVV and QQA have a monthly-return correlation of 0.88, 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 IVV and QQA?
At least 46.9% of IVV's money is in holdings QQA also owns. Our book for QQA is partial, so the real figure is this or higher. They hold 83 positions in common, counted across the 490 positions we hold weights for in IVV and 96 in QQA.
Which pays a higher dividend, IVV or QQA?
IVV yields 1.09% while QQA yields 10.19%, so QQA currently pays the higher dividend yield.
Is QQA better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.