QQLV vs VOO
Invesco QQQ Low Volatility 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 | QQLV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.03% | |
| AUM | $2M | $997.4B | |
| Dividend Yield | 2.01% | 1.08% | |
| Holdings | 28 | 509 | |
| YTD Return | +8.43% | +12.25% | |
| 1Y Return | +1.79% | +20.92% | |
| 3Y Return (annualized) | - | +21.79% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 9.1% | 14.1% | |
| Max Drawdown | -9.5% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 4, 2024 | Sep 7, 2010 |
QQLV vs VOO Performance
Invesco QQQ Low Volatility ETF (QQLV) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QQLV returned +1.79% while VOO returned +20.92%. Year to date, QQLV is up 8.43% versus a gain of 12.25% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 9.1% for QQLV. 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 -9.5% for QQLV 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 0.24. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQLV 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, QQLV currently yields 2.01% against 1.08% for VOO.
Holdings Overlap
QQLV and VOO share 24 holdings out of 507 unique holdings combined, representing a 10.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQLV or VOO?
QQLV has an expense ratio of 0.25% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, QQLV or VOO?
Over the past year QQLV returned +1.79% vs +20.92% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), QQLV annualized +3.31% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, QQLV or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 9.1% for QQLV. Worst drawdown: QQLV -9.5% vs VOO -34.3%.
Should I hold both QQLV and VOO?
QQLV and VOO have a monthly-return correlation of 0.24, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQLV and VOO?
QQLV and VOO share 24 common holdings with a 10.3% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, QQLV or VOO?
QQLV yields 2.01% while VOO yields 1.08%, so QQLV currently pays the higher dividend yield.
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