QEW vs VOO
Invesco QQQ Equal Weight ETF vs Vanguard S&P 500 ETF
Which is better, QEW or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. QEW is less concentrated, with 13.1% of the fund in its ten largest positions against 37.6%.
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 | QEW | VOO |
|---|---|---|
| Expense Ratio | 0.25% | 0.03%Best |
| AUM | $21M | $997.4B |
| Dividend Yield | 0.11% | 1.04% |
| Holdings | 106 | 509 |
| YTD Return | +21.68%Best | +14.14% |
| 1Y Return | - | +17.31% |
| 3Y Return (annualized) | - | +23.04% |
| 5Y Return (annualized) | - | +13.63% |
| Top 10 Weight | 13.1%Best | 37.6% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Mar 18, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QEW vs VOO 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.
QEW vs VOO Performance
Invesco QQQ Equal Weight ETF (QEW) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, QEW is up 21.68% versus a gain of 14.14% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
QEW charges 0.25% per year while VOO charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, QEW currently yields 0.11% against 1.04% for VOO.
Holdings Overlap
84.1% of QEW's money is in holdings VOO also owns. 53.6% of VOO's money is in holdings QEW also owns.
Most of QEW is already inside VOO. Owning both mostly buys the same companies twice.
85 positions in common, counted across the 103 positions we hold weights for in QEW and 494 in VOO, against full books of 106 and 509.
What only one of them owns
Our book lists 402 positions for VOO that do not appear in our book for QEW (45.5% of the fund), and 12 for QEW that do not appear in VOO (9.9%).
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 QEW | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.03% | 7.55% | 6.52% |
| AAPLApple, Inc | 1.00% | 7.05% | 6.05% |
| MSFTMicrosoft Corp | 1.11% | 5.36% | 4.25% |
| AMZNAmazon.Com Inc | 0.95% | 4.13% | 3.18% |
| GOOGLAlphabet Inc,class A | 0.44% | 3.24% | 2.80% |
| AVGOBroadcom Inc | 0.82% | 2.86% | 2.04% |
| GOOGAlphabet Inc | 0.44% | 2.62% | 2.18% |
| METAMeta Platforms Inc | 0.89% | 1.90% | 1.01% |
| MUMicron Technology, Inc. | 0.97% | 1.44% | 0.47% |
| TSLATesla Inc | 0.83% | 1.36% | 0.53% |
84.1% of QEW is already inside VOO.
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, QEW or VOO?
QEW has an expense ratio of 0.25% while VOO charges 0.03%. VOO is the cheaper option, by $22 a year on a $10,000 investment.
What is the holdings overlap between QEW and VOO?
84.1% of QEW's money is in holdings VOO also owns. 53.6% of VOO's is in holdings QEW also owns. They hold 85 positions in common, counted across the 103 positions we hold weights for in QEW and 494 in VOO.
Which pays a higher dividend, QEW or VOO?
QEW yields 0.11% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than QEW?
VOO has a lower expense ratio. QEW is less concentrated, with 13.1% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.