QOWZ vs VOO
Invesco Nasdaq Free Cash Flow Achievers ETF vs Vanguard S&P 500 ETF
Which is better, QOWZ or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 40.9%.
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 | QOWZ | VOO |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $11M | $997.4B |
| Dividend Yield | 0.25% | 1.04% |
| Holdings | 52 | 509 |
| YTD Return | +1.80% | +12.50%Best |
| 1Y Return | -1.85% | +17.58%Best |
| 3Y Return (annualized) | - | +21.27% |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 14.6% | 11.8%Best |
| Max Drawdown | -20.4% | -18.7%Best |
| $10,000 over 2.8 years | $15,425 | $17,543Best |
| Top 10 Weight | 40.9% | 36.4%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Dec 6, 2023 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 6, 2023 to Sep 11, 2026 (2.8 years).
QOWZ 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 covers the 2.8 years both funds cover.
QOWZ vs VOO Performance
Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year QOWZ returned -1.85% while VOO returned +17.58%. Year to date, QOWZ is up 1.80% versus a gain of 12.50% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QOWZ has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 11.8% for VOO. 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 -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. 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 1.04% for VOO.
Holdings Overlap
79.8% of QOWZ's money is in holdings VOO also owns. 13.4% of VOO's money is in holdings QOWZ also owns.
Most of QOWZ is already inside VOO. Owning both mostly buys the same companies twice.
33 positions in common, counted across the 51 positions we hold weights for in QOWZ and 505 in VOO, against full books of 52 and 509.
What only one of them owns
Measured across the 51 and 505 positions we hold weights for.
VOO holds 463 positions QOWZ does not, 86.0% of the fund.
Largest: AAPL 6.59%, MSFT 4.30%, AMZN 3.62%, GOOGL 3.25%, GOOG 2.59%
Top Shared Holdings
| Stock | Weight in QOWZ | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 9.56% | 7.51% | 2.05% |
| AVGOBroadcom Inc | 6.61% | 2.77% | 3.84% |
| MAMastercard Inc | 4.78% | 0.64% | 4.14% |
| KLACKla Corp. | 3.49% | 0.61% | 2.88% |
| FTNTFortinet Inc. | 3.08% | 0.15% | 2.93% |
| CRMSalesforce Inc. | 2.92% | 0.20% | 2.72% |
| ADPAutomatic Data Processing, Inc. | 2.94% | 0.14% | 2.80% |
| NOWServicenow, Inc. | 2.60% | 0.16% | 2.44% |
| ADBEAdobe Inc | 2.53% | 0.13% | 2.40% |
| INTUIntuit, Inc. | 2.37% | 0.11% | 2.26% |
79.8% of QOWZ 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, QOWZ or VOO?
QOWZ has an expense ratio of 0.39% while VOO charges 0.03%. VOO is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, QOWZ or VOO?
Over the past year QOWZ returned -1.85% vs +17.58% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QOWZ or VOO?
QOWZ has been the more volatile fund at 14.6% annualized versus 11.8% for VOO. Worst drawdown: QOWZ -20.4% vs VOO -18.7%.
Should I hold both QOWZ and VOO?
QOWZ and VOO have a monthly-return correlation of 0.82, 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 QOWZ and VOO?
79.8% of QOWZ's money is in holdings VOO also owns. 13.4% of VOO's is in holdings QOWZ also owns. They hold 33 positions in common, counted across the 51 positions we hold weights for in QOWZ and 505 in VOO.
Which pays a higher dividend, QOWZ or VOO?
QOWZ yields 0.25% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than QOWZ?
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 40.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.