QQQ vs VIOG
Invesco QQQ Trust, Series 1 vs Vanguard S&P Small Cap 600 Growth ETF
Which is better, QQQ or VIOG?
Large Cap Growth against Small Cap Growth.
VIOG has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. VIOG is less concentrated, with 9.9% of the fund in its ten largest positions against 46.5%.
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 | VIOG |
|---|---|---|
| Expense Ratio | 0.18% | 0.10%Best |
| AUM | $483.5B | $1.1B |
| Dividend Yield | 0.44% | 0.76% |
| Holdings | 107 | 353 |
| YTD Return | +17.21%Best | +15.34% |
| 1Y Return | +22.10%Best | +17.63% |
| 3Y Return (annualized) | +25.27%Best | +14.44% |
| 5Y Return (annualized) | +14.60%Best | +5.41% |
| Volatility (annualized) | 17.2%Best | 18.4% |
| Max Drawdown | -35.1%Best | -42.8% |
| $10,000 over 5 years | $19,766Best | $13,014 |
| Top 10 Weight | 46.5% | 9.9%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Small Cap Growth |
| Inception | Mar 10, 1999 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 17, 2026 (16 years).
QQQ vs VIOG 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 16 years both funds cover.
QQQ vs VIOG Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Vanguard S&P Small Cap 600 Growth ETF (VIOG) is an ETF from Vanguard (US). Over the past year QQQ returned +22.10% while VIOG returned +17.63%. Year to date, QQQ is up 17.21% versus a gain of 15.34% for VIOG.
Over three years, QQQ compounded at +25.27% per year against +14.44% for VIOG; over five years the annualized figures are +14.60% and +5.41% respectively. Across the full 16-year window we track, QQQ has the edge at +18.87% annualized vs +11.79%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VIOG has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 17.2% for QQQ. 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 -42.8% for VIOG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while VIOG charges 0.10%. On a $10,000 position that is $18 vs $10 annually, a gap of $8 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.76% for VIOG.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 350 in VIOG, totalling 99.9% and 99.8% 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 350 in VIOG, against full books of 107 and 353.
What only one of them owns
Our book lists 342 positions for VIOG that do not appear in our book for QQQ (97.0% of the fund), and 96 for QQQ that do not appear in VIOG (97.5%).
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 VIOG 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 VIOG?
QQQ has an expense ratio of 0.18% while VIOG charges 0.10%. VIOG is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, QQQ or VIOG?
Over the past year QQQ returned +22.10% vs +17.63% for VIOG, so QQQ leads on 1-year performance. Over the longest common window we track (16 years), QQQ annualized +18.87% vs +11.79% for VIOG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or VIOG?
VIOG has been the more volatile fund at 18.4% annualized versus 17.2% for QQQ. Worst drawdown: QQQ -35.1% vs VIOG -42.8%.
Should I hold both QQQ and VIOG?
QQQ and VIOG have a monthly-return correlation of 0.72, 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 VIOG?
QQQ yields 0.44% while VIOG yields 0.76%, so VIOG currently pays the higher dividend yield.
Is VIOG better than QQQ?
VIOG has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. VIOG is less concentrated, with 9.9% 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.