QOWZ vs VOO
Invesco Nasdaq Free Cash Flow Achievers ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | QOWZ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.03% | |
| AUM | $10M | $997.4B | |
| Dividend Yield | 0.25% | 1.08% | |
| Holdings | 52 | 509 | |
| YTD Return | +5.54% | +12.68% | |
| 1Y Return | +5.35% | +21.87% | |
| 3Y Return (annualized) | - | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 13.9% | 14.1% | |
| Max Drawdown | -20.4% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 6, 2023 | Sep 7, 2010 |
QOWZ vs VOO Performance
Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QOWZ returned +5.35% while VOO returned +21.87%. Year to date, QOWZ is up 5.54% versus a gain of 12.68% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.9% for QOWZ. 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 -20.4% for QOWZ and -34.3% for VOO. 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QOWZ charges 0.39% per year while VOO charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, QOWZ currently yields 0.25% against 1.08% for VOO.
Holdings Overlap
QOWZ and VOO share 33 holdings out of 522 unique holdings combined, representing a 13.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QOWZ or VOO?
QOWZ has an expense ratio of 0.39% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, QOWZ or VOO?
Over the past year QOWZ returned +5.35% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), QOWZ annualized +18.70% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, QOWZ or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 13.9% for QOWZ. Worst drawdown: QOWZ -20.4% vs VOO -34.3%.
Should I hold both QOWZ and VOO?
QOWZ and VOO have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QOWZ and VOO?
QOWZ and VOO share 33 common holdings with a 13.4% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, QOWZ or VOO?
QOWZ yields 0.25% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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