QQQ vs REVS

QQQ vs REVS

Which is better, QQQ or REVS?

Large Cap Growth against Large Cap Value.

QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, REVS over 1Y. REVS is less concentrated, with 33.2% of the fund in its ten largest positions against 46.5%.

Lower Fees: QQQHigher Returns: splitLess Concentrated: REVS

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

MetricQQQREVS
Expense Ratio0.18%Best0.19%
AUM$483.5B$350M
Dividend Yield0.44%1.78%
Holdings107310
YTD Return+15.21%+17.44%Best
1Y Return+19.78%+23.45%Best
3Y Return (annualized)+24.58%Best+19.51%
5Y Return (annualized)+13.93%Best+12.41%
Volatility (annualized)20.6%16.5%Best
Max Drawdown-35.1%Best-37.9%
$10,000 over 5 years$19,195Best$17,948
Top 10 Weight46.5%33.2%Best
Fund FamilyInvesco (US)Columbia Threadneedle Investments
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Value
InceptionMar 10, 1999Sep 25, 2019

Volatility and max drawdown are measured over the window both funds cover: Sep 25, 2019 to Sep 16, 2026 (7 years).

QQQ vs REVS 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 7 years both funds cover.

QQQ vs REVS Performance

Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Columbia Research Enhanced Value ETF (REVS) is an ETF from Columbia Threadneedle Investments. Over the past year QQQ returned +19.78% while REVS returned +23.45%. Year to date, QQQ is up 15.21% versus a gain of 17.44% for REVS.

Over three years, QQQ compounded at +24.58% per year against +19.51% for REVS; over five years the annualized figures are +13.93% and +12.41% respectively. Across the full 7-year window we track, QQQ has the edge at +21.22% annualized vs +13.30%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 16.5% for REVS. 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 -35.1% for QQQ and -37.9% for REVS. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.

Fees and Cost Over Time

QQQ charges 0.18% per year while REVS charges 0.19%. On a $10,000 position that is $18 vs $19 annually, a gap of $1 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.78% for REVS.

Holdings Overlap

QQQ already in REVS24.6%
REVS already in QQQ25.2%

24.6% of QQQ's money is in holdings REVS also owns. 25.2% of REVS's money is in holdings QQQ also owns.

REVS and QQQ share little of their money.

18 positions in common, counted across the 102 positions we hold weights for in QQQ and 298 in REVS, against full books of 107 and 310.

What only one of them owns

Our book lists 267 positions for REVS that do not appear in our book for QQQ (72.5% of the fund), and 78 for QQQ that do not appear in REVS (73.0%).

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

StockWeight in QQQWeight in REVSDifference
AAPLApple, Inc7.27%8.29%1.02%
MSFTMicrosoft Corp5.76%7.23%1.47%
METAMeta Platforms Inc2.78%1.83%0.95%
CSCOCisco Systems Inc. - Ordinary Shares2.10%1.59%0.51%
SBUXStarbucks Corp0.53%0.95%0.42%
ADIAnalog Devices, Inc.0.81%0.56%0.25%
ADPAutomatic Data Processing, Inc.0.47%0.80%0.33%
GILDGilead Sciences0.72%0.51%0.21%
AMGNAmgen Inc.0.97%0.18%0.79%
CMCSAComcast Corp-class A Cmcsa0.39%0.69%0.30%

25.2% of REVS is already inside QQQ.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

QQQREVS

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Frequently Asked Questions

Which is cheaper, QQQ or REVS?

QQQ has an expense ratio of 0.18% while REVS charges 0.19%. QQQ is the cheaper option, by $1 a year on a $10,000 investment.

Which performed better, QQQ or REVS?

Over the past year QQQ returned +19.78% vs +23.45% for REVS, so REVS leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +21.22% vs +13.30% for REVS. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, QQQ or REVS?

QQQ has been the more volatile fund at 20.6% annualized versus 16.5% for REVS. Worst drawdown: QQQ -35.1% vs REVS -37.9%.

Should I hold both QQQ and REVS?

QQQ and REVS have a monthly-return correlation of 0.66, 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 REVS?

25.2% of REVS's money is in holdings QQQ also owns. 25.2% of REVS's is in holdings QQQ also owns. They hold 18 positions in common, counted across the 102 positions we hold weights for in QQQ and 298 in REVS.

Which pays a higher dividend, QQQ or REVS?

QQQ yields 0.44% while REVS yields 1.78%, so REVS currently pays the higher dividend yield.

Is REVS better than QQQ?

QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, REVS over 1Y. REVS is less concentrated, with 33.2% 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.