IVV vs QQWZ
iShares Core S&P 500 ETF vs Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF
Quick Verdict
IVV has a lower expense ratio. QQWZ delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | QQWZ | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.49% | |
| AUM | $907.0B | $41M | |
| Dividend Yield | 1.10% | 0.59% | |
| Holdings | 508 | 105 | |
| YTD Return | +12.71% | +16.86% | |
| 1Y Return | +21.89% | +28.25% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 15.6% | |
| Max Drawdown | -56.5% | -11.3% | |
| Fund Family | iShares by BlackRock (US) | Pacer ETFs | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 6, 2025 |
IVV vs QQWZ Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ) is a ETF from Pacer ETFs. Over the past year IVV returned +21.89% while QQWZ returned +28.25%. Year to date, IVV is up 12.71% versus a gain of 16.86% for QQWZ.
Risk: Volatility and Drawdowns
QQWZ has been the more volatile fund, with annualized monthly volatility of 15.6% 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 -11.3% for QQWZ. 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.10% against 0.59% for QQWZ.
Holdings Overlap
IVV and QQWZ share 87 holdings out of 521 unique holdings combined, representing a 53.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
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. On a $10,000 investment, that is $46 per year of difference.
Which performed better, IVV or QQWZ?
Over the past year IVV returned +21.89% vs +28.25% for QQWZ, so QQWZ leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.00% vs +36.54% for QQWZ. Past performance does not guarantee future results.
Which is riskier, IVV or QQWZ?
QQWZ has been the more volatile fund at 15.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs QQWZ -11.3%.
Should I hold both IVV and QQWZ?
IVV and QQWZ have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and QQWZ?
IVV and QQWZ share 87 common holdings with a 53.4% weight overlap. Combined, they hold 521 unique securities.
Which pays a higher dividend, IVV or QQWZ?
IVV yields 1.10% while QQWZ yields 0.59%, so IVV currently pays the higher dividend yield.
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