QQQ vs QUVU
Invesco QQQ Trust, Series 1 vs Hartford Quality Value ETF
Which is better, QQQ or QUVU?
Large Cap Growth against Large Cap Value.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QUVU is less concentrated, with 25.8% of the fund in its ten largest positions against 46.5%.
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 | QQQ | QUVU |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.45% |
| AUM | $483.5B | $174M |
| Dividend Yield | 0.44% | 1.87% |
| Holdings | 107 | 72 |
| Volatility (annualized) | 16.6% | 11.6%Best |
| Max Drawdown | -22.8% | -13.1%Best |
| $10,000 over 2.5 years | $18,027Best | $13,110 |
| Top 10 Weight | 46.5% | 25.8%Best |
| Fund Family | Invesco (US) | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Mar 10, 1999 | Oct 13, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 134 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. QQQ has data through Sep 10, 2026 and QUVU through Apr 29, 2026.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Oct 16, 2023 to Apr 29, 2026 (2.5 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 11.6% for QUVU. 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 -22.8% for QQQ and -13.1% for QUVU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while QUVU charges 0.45%. On a $10,000 position that is $18 vs $45 annually, a gap of $27 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.87% for QUVU.
Holdings Overlap
22.5% of QQQ's money is in holdings QUVU also owns. 18.7% of QUVU's money is in holdings QQQ also owns.
QQQ and QUVU share little of their money.
The two holdings books were reported 217 days apart, QQQ as of Aug 5, 2026 and QUVU as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
10 positions in common, counted across the 102 positions we hold weights for in QQQ and 70 in QUVU, against full books of 107 and 72.
What only one of them owns
Our book lists 55 positions for QUVU that do not appear in our book for QQQ (74.2% of the fund), and 85 for QQQ that do not appear in QUVU (74.5%).
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 QQQ | Weight in QUVU | Difference |
|---|---|---|---|
| GOOGLAlphabet A Usd 0.001 | 3.36% | 5.56% | 2.20% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.76% | 1.16% | 4.60% |
| AMZNAmazon.Com Inc | 4.67% | 1.25% | 3.42% |
| MUMicron Technology, Inc. | 4.43% | 0.81% | 3.62% |
| CSCOCisco Systems Inc | 2.10% | 1.97% | 0.13% |
| QCOMQualcomm Inc. | 0.73% | 2.41% | 1.68% |
| GILDGilead Sciences Inc | 0.72% | 1.63% | 0.91% |
| NXPINxp Semiconductors N.V. Common Stock | 0.26% | 1.82% | 1.56% |
| AEPAmerican Electric Power Co. Inc. | 0.30% | 1.30% | 1.00% |
| ROPRoper Technologies Inc. | 0.17% | 0.81% | 0.64% |
22.5% of QQQ is already inside QUVU.
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, QQQ or QUVU?
QQQ has an expense ratio of 0.18% while QUVU charges 0.45%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which is riskier, QQQ or QUVU?
QQQ has been the more volatile fund at 16.6% annualized versus 11.6% for QUVU. Worst drawdown: QQQ -22.8% vs QUVU -13.1%.
Should I hold both QQQ and QUVU?
QQQ and QUVU have a monthly-return correlation of 0.57, 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 QQQ and QUVU?
22.5% of QQQ's money is in holdings QUVU also owns. 18.7% of QUVU's is in holdings QQQ also owns. They hold 10 positions in common, counted across the 102 positions we hold weights for in QQQ and 70 in QUVU.
Which pays a higher dividend, QQQ or QUVU?
QQQ yields 0.44% while QUVU yields 1.87%, so QUVU currently pays the higher dividend yield.
Is QUVU better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QUVU is less concentrated, with 25.8% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.