OVQ vs QQQ
Overlay Shares Nasdaq 100 Income ETF vs Invesco QQQ Trust, Series 1
Which is better, OVQ or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio.
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 | OVQ | QQQ |
|---|---|---|
| Expense Ratio | 0.97% | 0.18%Best |
| AUM | $33M | $476.0B |
| Dividend Yield | 0.00% | 0.43% |
| Holdings | 2 | 312 |
| YTD Return | -3.77% | +11.27%Best |
| 1Y Return | - | +12.28% |
| 3Y Return (annualized) | - | +21.54% |
| 5Y Return (annualized) | - | +12.18% |
| Fund Family | Overlay Shares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Oct 23, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
OVQ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
OVQ vs QQQ Performance
Overlay Shares Nasdaq 100 Income ETF (OVQ) is an ETF from Overlay Shares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, OVQ is down 3.77% versus a gain of 11.27% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
OVQ charges 0.97% per year while QQQ charges 0.18%. On a $10,000 position that is $97 vs $18 annually, a gap of $79 per year that compounds over a long holding period. On income, OVQ currently yields 0.00% against 0.43% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in OVQ and 101 in QQQ, totalling 100.6% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in OVQ and 101 in QQQ, against full books of 2 and 312.
What only one of them owns
Measured across the 2 and 101 positions we hold weights for.
QQQ holds 94 positions OVQ does not, 97.5% of the fund.
Largest: AAPL 8.16%, NVDA 8.00%, MSFT 6.29%, MU 4.47%, AMZN 4.21%
You are not choosing between two funds in isolation.
Whichever of OVQ and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OVQ or QQQ?
OVQ has an expense ratio of 0.97% while QQQ charges 0.18%. QQQ is the cheaper option, by $79 a year on a $10,000 investment.
Which pays a higher dividend, OVQ or QQQ?
OVQ yields 0.00% while QQQ yields 0.43%, so QQQ currently pays the higher dividend yield.
Is QQQ better than OVQ?
QQQ has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.