IVV vs QQQA
iShares Core S&P 500 ETF vs ProShares Nasdaq-100 Dorsey Wright Momentum ETF
Which is better, IVV or QQQA?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 5Y and the full window, QQQA over 1Y and 3Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 53.5%.
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 | QQQA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.58% |
| AUM | $876.4B | $52M |
| Dividend Yield | 1.06% | 0.03% |
| Holdings | 508 | 21 |
| YTD Return | +13.23% | +43.09%Best |
| 1Y Return | +17.38% | +55.65%Best |
| 3Y Return (annualized) | +22.67% | +29.18%Best |
| 5Y Return (annualized) | +13.13%Best | +9.69% |
| Volatility (annualized) | 15.4%Best | 26.5% |
| Max Drawdown | -24.5%Best | -38.4% |
| $10,000 over 5 years | $18,531Best | $15,879 |
| Top 10 Weight | 37.8%Best | 53.5% |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | May 18, 2021 |
Volatility and max drawdown are measured over the window both funds cover: May 20, 2021 to Sep 24, 2026 (5.3 years).
IVV vs QQQA 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 5.3 years both funds cover.
IVV vs QQQA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) is an ETF from ProShares. Over the past year IVV returned +17.38% while QQQA returned +55.65%. Year to date, IVV is up 13.23% versus a gain of 43.09% for QQQA.
Over three years, IVV compounded at +22.67% per year against +29.18% for QQQA; over five years the annualized figures are +13.13% and +9.69% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQA has been the more volatile fund, with annualized monthly volatility of 26.5% compared with 15.4% 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 -24.5% for IVV and -38.4% for QQQA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 0.03% for QQQA.
Holdings Overlap
9.1% of IVV's money is in holdings QQQA also owns. 95.2% of QQQA's money is in holdings IVV also owns.
Most of QQQA is already inside IVV. Owning both mostly buys the same companies twice.
20 positions in common, counted across the 490 positions we hold weights for in IVV and 21 in QQQA, against full books of 508 and 21.
What only one of them owns
Our book lists 0 positions for QQQA that do not appear in our book for IVV (0.0% of the fund), and 462 for IVV that do not appear in QQQA (89.5%).
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 QQQA | Difference |
|---|---|---|---|
| GOOGLAlphabet Inc,class A | 3.00% | 4.80% | 1.80% |
| CRWDCrowdstrike Holdings Inc | 0.35% | 6.23% | 5.88% |
| PANWPalo Alto Networks, Inc | 0.47% | 5.92% | 5.45% |
| DASHDoordash Inc - A | 0.13% | 6.11% | 5.98% |
| FTNTFortinet Inc | 0.16% | 5.48% | 5.32% |
| AMDAdvanced Micro Devices Inc | 1.16% | 4.26% | 3.10% |
| CSXCsx Corp. | 0.14% | 5.16% | 5.02% |
| ROSTRoss Stores, Inc. | 0.11% | 5.18% | 5.07% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.66% | 4.60% | 3.94% |
| AXONAxon Enterprise Inc | 0.07% | 5.06% | 4.99% |
95.2% of QQQA 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 QQQA?
IVV has an expense ratio of 0.03% while QQQA charges 0.58%. IVV is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, IVV or QQQA?
Over the past year IVV returned +17.38% vs +55.65% for QQQA, so QQQA leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QQQA?
QQQA has been the more volatile fund at 26.5% annualized versus 15.4% for IVV. Worst drawdown: IVV -24.5% vs QQQA -38.4%.
Should I hold both IVV and QQQA?
IVV and QQQA have a monthly-return correlation of 0.77, 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 QQQA?
95.2% of QQQA's money is in holdings IVV also owns. 95.2% of QQQA's is in holdings IVV also owns. They hold 20 positions in common, counted across the 490 positions we hold weights for in IVV and 21 in QQQA.
Which pays a higher dividend, IVV or QQQA?
IVV yields 1.06% while QQQA yields 0.03%, so IVV currently pays the higher dividend yield.
Is QQQA better than IVV?
IVV has a lower expense ratio. IVV led over 5Y and the full window, QQQA over 1Y and 3Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 53.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.