IVV vs QQWZ
iShares Core S&P 500 ETF vs Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF
Which is better, IVV or QQWZ?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 47.1%.
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 | QQWZ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.49% |
| AUM | $850.0B | $26M |
| Dividend Yield | 1.09% | 0.69% |
| Holdings | 1,018 | 207 |
| YTD Return | +12.12%Best | +1.61% |
| 1Y Return | +12.53%Best | +1.05% |
| 3Y Return (annualized) | +21.54% | - |
| 5Y Return (annualized) | +11.93% | - |
| Volatility (annualized) | 11.5%Best | 17.5% |
| Max Drawdown | -8.9%Best | -16.0% |
| $10,000 over 1.5 years | $13,738Best | $12,958 |
| Top 10 Weight | 38.8%Best | 47.1% |
| Fund Family | iShares by BlackRock (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | May 6, 2025 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: May 7, 2025 to Nov 11, 2026 (1.5 years).
IVV vs QQWZ 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 1.5 years both funds cover.
IVV vs QQWZ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ) is an ETF from Pacer ETFs. Over the past year IVV returned +12.53% while QQWZ returned +1.05%. Year to date, IVV is up 12.12% versus a gain of 1.61% for QQWZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQWZ has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 11.5% 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 -8.9% for IVV and -16.0% for QQWZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while QQWZ charges 0.49%. On a $10,000 position that is $3 vs $49 annually, a gap of $46 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.69% for QQWZ.
Holdings Overlap
55.0% of IVV's money is in holdings QQWZ also owns. 93.0% of QQWZ's money is in holdings IVV also owns.
Most of QQWZ is already inside IVV. Owning both mostly buys the same companies twice.
86 positions in common, counted across the 505 positions we hold weights for in IVV and 101 in QQWZ, against full books of 1,018 and 207.
What only one of them owns
Our book lists 9 positions for QQWZ that do not appear in our book for IVV (4.6% of the fund), and 413 for IVV that do not appear in QQWZ (44.6%).
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 QQWZ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.04% | 8.16% | 0.12% |
| AAPLApple Inc | 7.51% | 7.93% | 0.42% |
| MSFTMicrosoft Corp | 5.95% | 6.21% | 0.26% |
| AMZNAmazon.Com Inc | 3.74% | 4.27% | 0.53% |
| GOOGLAlphabet Inc | 3.06% | 3.16% | 0.10% |
| MUMicron Technology, Inc. | 1.55% | 4.34% | 2.79% |
| METAMeta Platforms Inc | 2.44% | 3.34% | 0.90% |
| GOOGAlphabet Inc. C | 2.45% | 2.95% | 0.50% |
| AMDAdvanced Micro Devices Inc | 1.40% | 3.77% | 2.37% |
| AVGOBroadcom Inc | 2.47% | 2.47% | 0.00% |
93.0% of QQWZ 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 QQWZ?
IVV has an expense ratio of 0.03% while QQWZ charges 0.49%. IVV is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, IVV or QQWZ?
Over the past year IVV returned +12.53% vs +1.05% for QQWZ, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +23.58% vs +18.86% for QQWZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QQWZ?
QQWZ has been the more volatile fund at 17.5% annualized versus 11.5% for IVV. Worst drawdown: IVV -8.9% vs QQWZ -16.0%.
Should I hold both IVV and QQWZ?
IVV and QQWZ have a monthly-return correlation of 0.55, 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 QQWZ?
93.0% of QQWZ's money is in holdings IVV also owns. 93.0% of QQWZ's is in holdings IVV also owns. They hold 86 positions in common, counted across the 505 positions we hold weights for in IVV and 101 in QQWZ.
Which pays a higher dividend, IVV or QQWZ?
IVV yields 1.09% while QQWZ yields 0.69%, so IVV currently pays the higher dividend yield.
Is QQWZ better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.