QQQ vs QUVU
Invesco QQQ Trust, Series 1 vs Hartford Quality Value ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | QUVU | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.45% | |
| AUM | $496.3B | $174M | |
| Dividend Yield | 0.44% | 1.87% | |
| Holdings | 108 | 72 | |
| YTD Return | +16.23% | +4.78% | |
| 1Y Return | +26.23% | +18.74% | |
| 3Y Return (annualized) | +25.75% | - | |
| 5Y Return (annualized) | +14.78% | - | |
| Volatility (annualized) | 30.6% | 11.6% | |
| Max Drawdown | -83.0% | -13.1% | |
| Fund Family | Invesco (US) | Hartford Funds | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Oct 13, 2023 |
QQQ vs QUVU Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Hartford Quality Value ETF (QUVU) is a ETF from Hartford Funds. Over the past year QQQ returned +26.23% while QUVU returned +18.74%. Year to date, QQQ is up 16.23% versus a gain of 4.78% for QUVU.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% 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 -83.0% for QQQ and -13.1% for QUVU. 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
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
QQQ and QUVU share 10 holdings out of 162 unique holdings combined, representing a 10.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $27 per year of difference.
Which performed better, QQQ or QUVU?
Over the past year QQQ returned +26.23% vs +18.74% for QUVU, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.02% vs +11.44% for QUVU. Past performance does not guarantee future results.
Which is riskier, QQQ or QUVU?
QQQ has been the more volatile fund at 30.6% annualized versus 11.6% for QUVU. Worst drawdown: QQQ -83.0% vs QUVU -13.1%.
Should I hold both QQQ and QUVU?
QQQ and QUVU have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and QUVU?
QQQ and QUVU share 10 common holdings with a 10.7% weight overlap. Combined, they hold 162 unique securities.
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.
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