QQQ vs VEXC
Invesco QQQ Trust, Series 1 vs Vanguard Emerging Markets ex-China ETF
Which is better, QQQ or VEXC?
Large Cap Growth against All Cap Blend.
VEXC has a lower expense ratio. VEXC led over 1Y and the full window. VEXC is less concentrated, with 33.6% of the fund in its ten largest positions against 47.2%.
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 | VEXC |
|---|---|---|
| Expense Ratio | 0.18% | 0.07%Best |
| AUM | $498.6B | $269M |
| Dividend Yield | 0.42% | 1.41% |
| Holdings | 321 | 1,050 |
| YTD Return | +23.76%Best | +23.52% |
| 1Y Return | +25.02% | +30.52%Best |
| 3Y Return (annualized) | +28.26% | - |
| 5Y Return (annualized) | +16.87% | - |
| Volatility (annualized) | 21.7% | 17.6%Best |
| Max Drawdown | -12.0%Best | -12.4% |
| $10,000 over 1 years | $12,522 | $13,105Best |
| Top 10 Weight | 47.2% | 33.6%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | All Cap Blend |
| Inception | Mar 10, 1999 | Sep 16, 2025 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 2, 2025 to Oct 5, 2026 (1 years).
QQQ vs VEXC 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 1 years both funds cover.
QQQ vs VEXC Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Vanguard Emerging Markets ex-China ETF (VEXC) is an ETF from Vanguard (US). Over the past year QQQ returned +25.02% while VEXC returned +30.52%. Year to date, QQQ is up 23.76% versus a gain of 23.52% for VEXC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.7% compared with 17.6% for VEXC. 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 -12.0% for QQQ and -12.4% for VEXC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while VEXC charges 0.07%. On a $10,000 position that is $18 vs $7 annually, a gap of $11 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 1.41% for VEXC.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 978 in VEXC, totalling 99.9% and 98.1% 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 978 in VEXC, against full books of 321 and 1,050.
What only one of them owns
Our book lists 23 positions for VEXC that do not appear in our book for QQQ (1.7% of the fund), and 96 for QQQ that do not appear in VEXC (97.8%).
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.
You are not choosing between two funds in isolation.
Whichever of QQQ and VEXC 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 VEXC?
QQQ has an expense ratio of 0.18% while VEXC charges 0.07%. VEXC is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, QQQ or VEXC?
Over the past year QQQ returned +25.02% vs +30.52% for VEXC, so VEXC leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +25.22% vs +31.05% for VEXC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or VEXC?
QQQ has been the more volatile fund at 21.7% annualized versus 17.6% for VEXC. Worst drawdown: QQQ -12.0% vs VEXC -12.4%.
Should I hold both QQQ and VEXC?
QQQ and VEXC have a monthly-return correlation of 0.76, 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 VEXC?
QQQ yields 0.42% while VEXC yields 1.41%, so VEXC currently pays the higher dividend yield.
Is VEXC better than QQQ?
VEXC has a lower expense ratio. VEXC led over 1Y and the full window. VEXC is less concentrated, with 33.6% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.