IVV vs QQQH
iShares Core S&P 500 ETF vs NEOS Nasdaq-100 Hedged Equity Income ETF
Which is better, IVV or QQQH?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 47.3%.
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 | QQQH |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.68% |
| AUM | $882.6B | $397M |
| Dividend Yield | 1.06% | 9.72% |
| Holdings | 508 | 211 |
| YTD Return | +14.70%Best | +11.23% |
| 1Y Return | +17.46%Best | +12.85% |
| 3Y Return (annualized) | +23.21%Best | +21.32% |
| 5Y Return (annualized) | +13.71%Best | +9.33% |
| Volatility (annualized) | 16.9% | 13.0%Best |
| Max Drawdown | -33.9% | -31.2%Best |
| $10,000 over 5 years | $19,010Best | $15,621 |
| Top 10 Weight | 38.1%Best | 47.3% |
| Fund Family | iShares by BlackRock (US) | NEOS |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Nov 8, 2024 |
Volatility and max drawdown are measured over the window both funds cover: Dec 20, 2019 to Oct 7, 2026 (6.8 years).
IVV vs QQQH 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 6.8 years both funds cover.
IVV vs QQQH Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) is an ETF from NEOS. Over the past year IVV returned +17.46% while QQQH returned +12.85%. Year to date, IVV is up 14.70% versus a gain of 11.23% for QQQH.
Over three years, IVV compounded at +23.21% per year against +21.32% for QQQH; over five years the annualized figures are +13.71% and +9.33% respectively. Across the full 7-year window we track, IVV has the edge at +15.23% annualized vs +9.03%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 13.0% for QQQH. 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 -33.9% for IVV and -31.2% for QQQH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QQQH charges 0.68%. On a $10,000 position that is $3 vs $68 annually, a gap of $65 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 9.72% for QQQH.
Holdings Overlap
53.8% of IVV's money is in holdings QQQH also owns. 93.5% of QQQH's money is in holdings IVV also owns.
Most of QQQH is already inside IVV. Owning both mostly buys the same companies twice.
85 positions in common, counted across the 505 positions we hold weights for in IVV and 101 in QQQH, against full books of 508 and 211.
What only one of them owns
Our book lists 11 positions for QQQH that do not appear in our book for IVV (3.6% of the fund), and 412 for IVV that do not appear in QQQH (45.4%).
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 QQQH | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.00% | 8.25% | 0.25% |
| AAPLApple, Inc | 7.39% | 7.93% | 0.54% |
| MSFTMicrosoft Corp | 5.57% | 5.99% | 0.42% |
| AMZNAmazon.Com Inc | 3.80% | 4.44% | 0.64% |
| MUMicron Technology, Inc. | 1.66% | 4.67% | 3.01% |
| GOOGLAlphabet Inc,class A | 3.00% | 3.29% | 0.29% |
| GOOGAlphabet Inc. C | 2.40% | 3.05% | 0.65% |
| METAMeta Platforms Inc | 2.15% | 3.14% | 0.99% |
| AVGOBroadcom Inc | 2.59% | 2.65% | 0.06% |
| AMDAdvanced Micro Devices Inc | 1.27% | 3.61% | 2.34% |
93.5% of QQQH 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 QQQH?
IVV has an expense ratio of 0.03% while QQQH charges 0.68%. IVV is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, IVV or QQQH?
Over the past year IVV returned +17.46% vs +12.85% for QQQH, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +15.23% vs +9.03% for QQQH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QQQH?
IVV has been the more volatile fund at 16.9% annualized versus 13.0% for QQQH. Worst drawdown: IVV -33.9% vs QQQH -31.2%.
Should I hold both IVV and QQQH?
IVV and QQQH have a monthly-return correlation of 0.76, 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 QQQH?
93.5% of QQQH's money is in holdings IVV also owns. 93.5% of QQQH's is in holdings IVV also owns. They hold 85 positions in common, counted across the 505 positions we hold weights for in IVV and 101 in QQQH.
Which pays a higher dividend, IVV or QQQH?
IVV yields 1.06% while QQQH yields 9.72%, so QQQH currently pays the higher dividend yield.
Is QQQH better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 47.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.