QQQ vs VFLO
Invesco QQQ Trust, Series 1 vs VictoryShares Free Cash Flow ETF
Quick Verdict
QQQ has a lower expense ratio. VFLO delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | VFLO | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.39% | |
| AUM | $455.8B | $8.6B | |
| Dividend Yield | 0.41% | 1.10% | |
| Holdings | 108 | 51 | |
| YTD Return | +18.31% | +34.57% | |
| 1Y Return | +25.37% | +52.21% | |
| 3Y Return (annualized) | +25.79% | +27.04% | |
| 5Y Return (annualized) | +15.20% | - | |
| Volatility (annualized) | 30.6% | 15.5% | |
| Max Drawdown | -83.0% | -17.8% | |
| Fund Family | Invesco (US) | Victory Capital Management Inc. | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jun 21, 2023 |
QQQ vs VFLO Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and VictoryShares Free Cash Flow ETF (VFLO) is a ETF from Victory Capital Management Inc.. Over the past year QQQ returned +25.37% while VFLO returned +52.21%. Year to date, QQQ is up 18.31% versus a gain of 34.57% for VFLO.
Over three years, QQQ compounded at +25.79% per year against +27.04% for VFLO. Across the full 3-year window we track, VFLO has the edge at +28.78% annualized vs +13.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.5% for VFLO. 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 -17.8% for VFLO. 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while VFLO charges 0.39%. On a $10,000 position that is $18 vs $39 annually, a gap of $21 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 1.10% for VFLO.
Holdings Overlap
QQQ and VFLO share 11 holdings out of 142 unique holdings combined, representing a 4.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or VFLO?
QQQ has an expense ratio of 0.18% while VFLO charges 0.39%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, QQQ or VFLO?
Over the past year QQQ returned +25.37% vs +52.21% for VFLO, so VFLO leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.10% vs +28.78% for VFLO. Past performance does not guarantee future results.
Which is riskier, QQQ or VFLO?
QQQ has been the more volatile fund at 30.6% annualized versus 15.5% for VFLO. Worst drawdown: QQQ -83.0% vs VFLO -17.8%.
Should I hold both QQQ and VFLO?
QQQ and VFLO have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and VFLO?
QQQ and VFLO share 11 common holdings with a 4.8% weight overlap. Combined, they hold 142 unique securities.
Which pays a higher dividend, QQQ or VFLO?
QQQ yields 0.41% while VFLO yields 1.10%, so VFLO currently pays the higher dividend yield.
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