QOWZ vs VYM
Invesco Nasdaq Free Cash Flow Achievers ETF vs Vanguard High Dividend Yield ETF
Which is better, QOWZ or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.9% 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 | VYM |
|---|---|---|
| Expense Ratio | 0.39% | 0.04%Best |
| AUM | $11M | $81.6B |
| Dividend Yield | 0.25% | 2.22% |
| Holdings | 52 | 613 |
| YTD Return | +1.80% | +13.91%Best |
| 1Y Return | -1.85% | +17.57%Best |
| 3Y Return (annualized) | - | +18.12% |
| 5Y Return (annualized) | - | +12.17% |
| Volatility (annualized) | 14.6% | 10.1%Best |
| Max Drawdown | -20.4% | -14.5%Best |
| $10,000 over 2.8 years | $15,425 | $16,537Best |
| Top 10 Weight | 40.9% | 25.9%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Dec 6, 2023 | Nov 10, 2006 |
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 VYM 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 VYM Performance
Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year QOWZ returned -1.85% while VYM returned +17.57%. Year to date, QOWZ is up 1.80% versus a gain of 13.91% for VYM.
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 10.1% for VYM. 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 -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QOWZ charges 0.39% per year while VYM charges 0.04%. On a $10,000 position that is $39 vs $4 annually, a gap of $35 per year that compounds over a long holding period. On income, QOWZ currently yields 0.25% against 2.22% for VYM.
Holdings Overlap
18.9% of QOWZ's money is in holdings VYM also owns. 8.1% of VYM's money is in holdings QOWZ also owns.
QOWZ and VYM share little of their money.
8 positions in common, counted across the 51 positions we hold weights for in QOWZ and 603 in VYM, against full books of 52 and 613.
What only one of them owns
Measured across the 51 and 603 positions we hold weights for.
VYM holds 560 positions QOWZ does not, 89.4% of the fund.
Largest: JPM 3.38%, JNJ 2.54%, XOM 2.36%, CAT 2.01%, CSCO 1.93%
Top Shared Holdings
| Stock | Weight in QOWZ | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 6.61% | 7.29% | 0.68% |
| ADPAutomatic Data Processing, Inc. | 2.94% | 0.37% | 2.57% |
| NTAPNetapp Inc. | 1.91% | 0.13% | 1.78% |
| HUBBHubbell Inc. Class B | 1.67% | 0.11% | 1.56% |
| VRSNVerisign Inc. | 1.67% | 0.09% | 1.58% |
| SSNCSs&C Technologies Holdings Inc. | 1.63% | 0.05% | 1.58% |
| DPZDomino's Pizza Inc | 1.38% | 0.04% | 1.34% |
| PRMBPrimo Brands Corp | 1.04% | 0.02% | 1.02% |
You are not choosing between two funds in isolation.
Whichever of QOWZ and VYM 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, QOWZ or VYM?
QOWZ has an expense ratio of 0.39% while VYM charges 0.04%. VYM is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, QOWZ or VYM?
Over the past year QOWZ returned -1.85% vs +17.57% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QOWZ or VYM?
QOWZ has been the more volatile fund at 14.6% annualized versus 10.1% for VYM. Worst drawdown: QOWZ -20.4% vs VYM -14.5%.
Should I hold both QOWZ and VYM?
QOWZ and VYM have a monthly-return correlation of 0.53, 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 VYM?
18.9% of QOWZ's money is in holdings VYM also owns. 8.1% of VYM's is in holdings QOWZ also owns. They hold 8 positions in common, counted across the 51 positions we hold weights for in QOWZ and 603 in VYM.
Which pays a higher dividend, QOWZ or VYM?
QOWZ yields 0.25% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than QOWZ?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.9% 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.