IVV vs QQQJ
iShares Core S&P 500 ETF vs Invesco NASDAQ Next Gen 100 ETF
Which is better, IVV or QQQJ?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. IVV led over 5Y and the full window, QQQJ over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.90. QQQJ is less concentrated, with 19.6% of the fund in its ten largest positions against 37.8%.
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 | QQQJ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.15% |
| AUM | $876.4B | $1.2B |
| Dividend Yield | 1.06% | 0.54% |
| Holdings | 508 | 107 |
| YTD Return | +12.01% | +18.44%Best |
| 1Y Return | +16.48% | +25.06%Best |
| 3Y Return (annualized) | +21.21% | +21.67%Best |
| 5Y Return (annualized) | +12.95%Best | +6.17% |
| Volatility (annualized) | 15.4%Best | 19.5% |
| Max Drawdown | -24.5%Best | -39.6% |
| $10,000 over 5 years | $18,384Best | $13,490 |
| Top 10 Weight | 37.8% | 19.6%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | Oct 13, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Oct 13, 2020 to Sep 14, 2026 (5.9 years).
IVV vs QQQJ 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 5.9 years both funds cover.
IVV vs QQQJ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco NASDAQ Next Gen 100 ETF (QQQJ) is an ETF from Invesco (US). Over the past year IVV returned +16.48% while QQQJ returned +25.06%. Year to date, IVV is up 12.01% versus a gain of 18.44% for QQQJ.
Over three years, IVV compounded at +21.21% per year against +21.67% for QQQJ; over five years the annualized figures are +12.95% and +6.17% respectively. Across the full 6-year window we track, IVV has the edge at +15.52% annualized vs +9.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQJ has been the more volatile fund, with annualized monthly volatility of 19.5% 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 -39.6% for QQQJ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. 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 QQQJ charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.54% for QQQJ.
Holdings Overlap
1.3% of IVV's money is in holdings QQQJ also owns. 44.6% of QQQJ's money is in holdings IVV also owns.
The two portfolios partly overlap.
42 positions in common, counted across the 490 positions we hold weights for in IVV and 106 in QQQJ, against full books of 508 and 107.
What only one of them owns
Our book lists 46 positions for QQQJ that do not appear in our book for IVV (38.2% of the fund), and 440 for IVV that do not appear in QQQJ (97.3%).
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 QQQJ | Difference |
|---|---|---|---|
| EBAYEbay Inc. | 0.07% | 2.27% | 2.20% |
| NTAPNetapp Inc | 0.06% | 1.80% | 1.74% |
| EXPEExpedia Group Inc (consumer Discretionary) | 0.05% | 1.79% | 1.74% |
| KMBKimberly-Clark Corp. | 0.05% | 1.76% | 1.71% |
| UALUnited Airlines Holdings Inc. | 0.05% | 1.72% | 1.67% |
| STLDSteel Dynamics, Inc. | 0.05% | 1.65% | 1.60% |
| BIIBBiogen Inc. Com | 0.05% | 1.57% | 1.52% |
| CTSHCognizant Technology Solutions Corp. Class A | 0.05% | 1.50% | 1.45% |
| ONOn Semiconductor Corp | 0.04% | 1.43% | 1.39% |
| FIFiserv, Inc. (United States) | 0.04% | 1.40% | 1.36% |
44.6% of QQQJ 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 QQQJ?
IVV has an expense ratio of 0.03% while QQQJ charges 0.15%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, IVV or QQQJ?
Over the past year IVV returned +16.48% vs +25.06% for QQQJ, so QQQJ leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +15.52% vs +9.67% for QQQJ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QQQJ?
QQQJ has been the more volatile fund at 19.5% annualized versus 15.4% for IVV. Worst drawdown: IVV -24.5% vs QQQJ -39.6%.
Should I hold both IVV and QQQJ?
IVV and QQQJ have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and QQQJ?
44.6% of QQQJ's money is in holdings IVV also owns. 44.6% of QQQJ's is in holdings IVV also owns. They hold 42 positions in common, counted across the 490 positions we hold weights for in IVV and 106 in QQQJ.
Which pays a higher dividend, IVV or QQQJ?
IVV yields 1.06% while QQQJ yields 0.54%, so IVV currently pays the higher dividend yield.
Is QQQJ better than IVV?
IVV has a lower expense ratio. IVV led over 5Y and the full window, QQQJ over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.90. QQQJ is less concentrated, with 19.6% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.