IVV vs QQQA
iShares Core S&P 500 ETF vs ProShares Nasdaq-100 Dorsey Wright Momentum ETF
Quick Verdict
IVV has a lower expense ratio. QQQA delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | QQQA | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.58% | |
| AUM | $865.2B | $68M | |
| Dividend Yield | 1.09% | 0.02% | |
| Holdings | 508 | 22 | |
| YTD Return | +13.43% | +43.79% | |
| 1Y Return | +22.61% | +60.62% | |
| 3Y Return (annualized) | +21.47% | +27.94% | |
| 5Y Return (annualized) | +13.26% | +10.36% | |
| Volatility (annualized) | 15.1% | 26.7% | |
| Max Drawdown | -56.5% | -38.4% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 18, 2021 |
IVV vs QQQA Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) is a ETF from ProShares. Over the past year IVV returned +22.61% while QQQA returned +60.62%. Year to date, IVV is up 13.43% versus a gain of 43.79% for QQQA.
Over three years, IVV compounded at +21.47% per year against +27.94% for QQQA; over five years the annualized figures are +13.26% and +10.36% respectively. Across the full 5-year window we track, QQQA has the edge at +11.54% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQA has been the more volatile fund, with annualized monthly volatility of 26.7% 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 -38.4% for QQQA. 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QQQA charges 0.58%. On a $10,000 position that is $3 vs $58 annually, a gap of $55 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.02% for QQQA.
Holdings Overlap
IVV and QQQA share 18 holdings out of 508 unique holdings combined, representing a 8.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or QQQA?
IVV has an expense ratio of 0.03% while QQQA charges 0.58%. IVV is the cheaper option. On a $10,000 investment, that is $55 per year of difference.
Which performed better, IVV or QQQA?
Over the past year IVV returned +22.61% vs +60.62% for QQQA, so QQQA leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.03% vs +11.54% for QQQA. Past performance does not guarantee future results.
Which is riskier, IVV or QQQA?
QQQA has been the more volatile fund at 26.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs QQQA -38.4%.
Should I hold both IVV and QQQA?
IVV and QQQA have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and QQQA?
IVV and QQQA share 18 common holdings with a 8.7% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, IVV or QQQA?
IVV yields 1.09% while QQQA yields 0.02%, so IVV currently pays the higher dividend yield.
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