QQQ vs SHV
Invesco QQQ Trust, Series 1 vs iShares 0-1 Year Treasury Bond ETF
Which is better, QQQ or SHV?
QQQ has been ahead.
SHV has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | SHV |
|---|---|---|
| Expense Ratio | 0.18% | 0.15%Best |
| AUM | $483.5B | $21.0B |
| Dividend Yield | 0.44% | 3.78% |
| Holdings | 107 | 67 |
| YTD Return | +17.95%Best | +2.45% |
| 1Y Return | +21.77%Best | +3.62% |
| 3Y Return (annualized) | +25.63%Best | +4.61% |
| 5Y Return (annualized) | +15.24%Best | +3.61% |
| Volatility (annualized) | 18.8% | 0.6%Best |
| Max Drawdown | -53.5% | -0.9%Best |
| $10,000 over 5 years | $20,324Best | $11,940 |
| Fund Family | Invesco (US) | iShares by BlackRock (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | - |
| Inception | Mar 10, 1999 | Jan 5, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 11, 2007 to Sep 18, 2026 (19.7 years).
QQQ vs SHV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs SHV Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and iShares 0-1 Year Treasury Bond ETF (SHV) is an ETF from iShares by BlackRock (US). Over the past year QQQ returned +21.77% while SHV returned +3.62%. Year to date, QQQ is up 17.95% versus a gain of 2.45% for SHV.
Over three years, QQQ compounded at +25.63% per year against +4.61% for SHV; over five years the annualized figures are +15.24% and +3.61% respectively. Across the full 20-year window we track, QQQ has the edge at +15.32% annualized vs +0.99%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 0.6% for SHV. 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 -53.5% for QQQ and -0.9% for SHV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.01. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while SHV charges 0.15%. On a $10,000 position that is $18 vs $15 annually, a gap of $3 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 3.78% for SHV.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 15 in SHV, totalling 99.9% and 13.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 15 in SHV, against full books of 107 and 67.
You are not choosing between two funds in isolation.
Whichever of QQQ and SHV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or SHV?
QQQ has an expense ratio of 0.18% while SHV charges 0.15%. SHV is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, QQQ or SHV?
Over the past year QQQ returned +21.77% vs +3.62% for SHV, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), QQQ annualized +15.32% vs +0.99% for SHV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SHV?
QQQ has been the more volatile fund at 18.8% annualized versus 0.6% for SHV. Worst drawdown: QQQ -53.5% vs SHV -0.9%.
Should I hold both QQQ and SHV?
QQQ and SHV have a monthly-return correlation of -0.01, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or SHV?
QQQ yields 0.44% while SHV yields 3.78%, so SHV currently pays the higher dividend yield.
Is SHV better than QQQ?
SHV has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.