QQHG vs VOO
Invesco QQQ Hedged Advantage ETF vs Vanguard S&P 500 ETF
Which is better, QQHG or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 50.1%.
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 | QQHG | VOO |
|---|---|---|
| Expense Ratio | 0.45% | 0.03%Best |
| AUM | $13M | $1.0T |
| Dividend Yield | 0.26% | 1.04% |
| Holdings | 503 | 506 |
| YTD Return | +14.63% | +14.98%Best |
| 1Y Return | +16.05% | +17.34%Best |
| 3Y Return (annualized) | - | +23.33% |
| 5Y Return (annualized) | - | +13.96% |
| Volatility (annualized) | 10.4%Best | 11.6% |
| Max Drawdown | -6.2%Best | -8.9% |
| $10,000 over 1.4 years | $13,771 | $14,073Best |
| Top 10 Weight | 50.1% | 37.6%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 7, 2025 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 7, 2025 to Oct 6, 2026 (1.4 years).
QQHG 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 1.4 years both funds cover.
QQHG vs VOO Performance
Invesco QQQ Hedged Advantage ETF (QQHG) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year QQHG returned +16.05% while VOO returned +17.34%. Year to date, QQHG is up 14.63% versus a gain of 14.98% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 10.4% for QQHG. 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 -6.2% for QQHG and -8.9% 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQHG charges 0.45% per year while VOO charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, QQHG currently yields 0.26% against 1.04% for VOO.
Holdings Overlap
85.6% of QQHG's money is in holdings VOO also owns. 64.7% of VOO's money is in holdings QQHG also owns.
Most of QQHG is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 46 days apart, QQHG as of Sep 15, 2026 and VOO as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
142 positions in common, counted across the 221 positions we hold weights for in QQHG and 494 in VOO, against full books of 503 and 506.
What only one of them owns
Our book lists 345 positions for VOO that do not appear in our book for QQHG (34.5% of the fund), and 74 for QQHG that do not appear in VOO (9.4%).
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 QQHG | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.40% | 7.55% | 0.85% |
| AAPLApple, Inc | 7.68% | 7.05% | 0.63% |
| MSFTMicrosoft Corp | 6.38% | 5.36% | 1.02% |
| AMZNAmazon.Com Inc | 4.39% | 4.13% | 0.26% |
| GOOGAlphabet Inc. C | 5.71% | 2.62% | 3.09% |
| MUMicron Technology, Inc. | 4.77% | 1.44% | 3.33% |
| AVGOBroadcom Inc | 2.84% | 2.86% | 0.02% |
| METAMeta Platforms Inc | 3.22% | 1.90% | 1.32% |
| AMDAdvanced Micro Devices Inc | 3.76% | 1.21% | 2.55% |
| TSLATesla Inc | 2.99% | 1.36% | 1.63% |
85.6% of QQHG 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, QQHG or VOO?
QQHG has an expense ratio of 0.45% while VOO charges 0.03%. VOO is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QQHG or VOO?
Over the past year QQHG returned +16.05% vs +17.34% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), QQHG annualized +25.68% vs +27.64% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQHG or VOO?
VOO has been the more volatile fund at 11.6% annualized versus 10.4% for QQHG. Worst drawdown: QQHG -6.2% vs VOO -8.9%.
Should I hold both QQHG and VOO?
QQHG and VOO have a monthly-return correlation of 0.87, 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 QQHG and VOO?
85.6% of QQHG's money is in holdings VOO also owns. 64.7% of VOO's is in holdings QQHG also owns. They hold 142 positions in common, counted across the 221 positions we hold weights for in QQHG and 494 in VOO.
Which pays a higher dividend, QQHG or VOO?
QQHG yields 0.26% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than QQHG?
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 50.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.