MVAL vs QQQ
VanEck Morningstar Wide Moat Value ETF vs Invesco QQQ Trust, Series 1
Which is better, MVAL or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. MVAL is less concentrated, with 40.1% of the fund in its ten largest positions against 46.5%.
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 | MVAL | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $2M | $483.5B |
| Dividend Yield | 1.58% | 0.44% |
| Holdings | 46 | 107 |
| YTD Return | +1.61% | +17.95%Best |
| 1Y Return | +7.59% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 12.8%Best | 17.6% |
| Max Drawdown | -19.6%Best | -22.8% |
| $10,000 over 2.5 years | $12,209 | $16,528Best |
| Top 10 Weight | 40.1%Best | 46.5% |
| Fund Family | VanEck | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Mar 26, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 28, 2024 to Sep 18, 2026 (2.5 years).
MVAL vs QQQ 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 2.5 years both funds cover.
MVAL vs QQQ Performance
VanEck Morningstar Wide Moat Value ETF (MVAL) is an ETF from VanEck and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MVAL returned +7.59% while QQQ returned +21.77%. Year to date, MVAL is up 1.61% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 12.8% for MVAL. 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 -19.6% for MVAL and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.27. They move largely independently of each other.
Fees and Cost Over Time
MVAL charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, MVAL currently yields 1.58% against 0.44% for QQQ.
Holdings Overlap
21.6% of MVAL's money is in holdings QQQ also owns. 13.5% of QQQ's money is in holdings MVAL also owns.
MVAL and QQQ share little of their money.
11 positions in common, counted across the 45 positions we hold weights for in MVAL and 102 in QQQ, against full books of 46 and 107.
What only one of them owns
Measured across the 45 and 102 positions we hold weights for.
QQQ holds 85 positions MVAL does not, 84.0% of the fund.
Largest: NVDA 8.44%, AAPL 7.27%, AMZN 4.67%, MU 4.43%, AMD 3.45%
Top Shared Holdings
| Stock | Weight in MVAL | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 3.30% | 5.76% | 2.46% |
| METAMeta Platforms Inc | 1.25% | 2.78% | 1.53% |
| GEHCGe Healthcare Technologies Inc | 3.70% | 0.14% | 3.56% |
| AMATApplied Materials, Inc. | 1.71% | 1.86% | 0.15% |
| BKNGBooking Holdings, Inc. | 2.42% | 0.70% | 1.72% |
| PEPPepsico Inc. | 1.99% | 0.83% | 1.16% |
| MDLZMondelez International Inc Com A Npv | 2.00% | 0.35% | 1.65% |
| NXPINxp Semiconductors Nv Sedol B505Pn7 | 1.66% | 0.26% | 1.40% |
| MELIMercadolibre Inc | 1.42% | 0.43% | 0.99% |
| ABNBAirbnb Inc | 1.33% | 0.28% | 1.05% |
21.6% of MVAL is already inside QQQ.
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, MVAL or QQQ?
MVAL has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, MVAL or QQQ?
Over the past year MVAL returned +7.59% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MVAL or QQQ?
QQQ has been the more volatile fund at 17.6% annualized versus 12.8% for MVAL. Worst drawdown: MVAL -19.6% vs QQQ -22.8%.
Should I hold both MVAL and QQQ?
MVAL and QQQ have a monthly-return correlation of 0.27, 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 MVAL and QQQ?
21.6% of MVAL's money is in holdings QQQ also owns. 13.5% of QQQ's is in holdings MVAL also owns. They hold 11 positions in common, counted across the 45 positions we hold weights for in MVAL and 102 in QQQ.
Which pays a higher dividend, MVAL or QQQ?
MVAL yields 1.58% while QQQ yields 0.44%, so MVAL currently pays the higher dividend yield.
Is QQQ better than MVAL?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. MVAL is less concentrated, with 40.1% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.