QQQ vs VNIE
Invesco QQQ Trust, Series 1 vs Vontobel International Equity Active ETF
Which is better, QQQ or VNIE?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. VNIE is less concentrated, with 40.1% 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 | VNIE |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.60% |
| AUM | $483.5B | $9M |
| Dividend Yield | 0.44% | 0.32% |
| Holdings | 107 | 50 |
| YTD Return | +15.94%Best | -2.29% |
| 1Y Return | +20.44%Best | -3.81% |
| 3Y Return (annualized) | +24.86% | - |
| 5Y Return (annualized) | +14.26% | - |
| Volatility (annualized) | 19.6% | 14.9%Best |
| Max Drawdown | -12.0%Best | -13.1% |
| $10,000 over 1.3 years | $13,630Best | $9,687 |
| Top 10 Weight | 46.5% | 40.1%Best |
| Fund Family | Invesco (US) | Vontobel |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | May 14, 2025 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: May 15, 2025 to Sep 14, 2026 (1.3 years).
QQQ vs VNIE 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 1.3 years both funds cover.
QQQ vs VNIE Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Vontobel International Equity Active ETF (VNIE) is an ETF from Vontobel. Over the past year QQQ returned +20.44% while VNIE returned -3.81%. Year to date, QQQ is up 15.94% versus a loss of 2.29% for VNIE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 14.9% for VNIE. 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 -13.1% for VNIE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while VNIE charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.32% for VNIE.
Holdings Overlap
1.2% of QQQ's money is in holdings VNIE also owns. 0.8% of VNIE's money is in holdings QQQ also owns.
QQQ and VNIE share little of their money.
2 positions in common, counted across the 102 positions we hold weights for in QQQ and 51 in VNIE, against full books of 107 and 50.
What only one of them owns
Our book lists 4 positions for VNIE that do not appear in our book for QQQ (11.3% of the fund), and 95 for QQQ that do not appear in VNIE (96.5%).
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 VNIE 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 VNIE?
QQQ has an expense ratio of 0.18% while VNIE charges 0.60%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QQQ or VNIE?
Over the past year QQQ returned +20.44% vs -3.81% for VNIE, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +26.90% vs -2.42% for VNIE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or VNIE?
QQQ has been the more volatile fund at 19.6% annualized versus 14.9% for VNIE. Worst drawdown: QQQ -12.0% vs VNIE -13.1%.
Should I hold both QQQ and VNIE?
QQQ and VNIE have a monthly-return correlation of 0.60, 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 VNIE?
1.2% of QQQ's money is in holdings VNIE also owns. 0.8% of VNIE's is in holdings QQQ also owns. They hold 2 positions in common, counted across the 102 positions we hold weights for in QQQ and 51 in VNIE.
Which pays a higher dividend, QQQ or VNIE?
QQQ yields 0.44% while VNIE yields 0.32%, so QQQ currently pays the higher dividend yield.
Is VNIE better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. VNIE is less concentrated, with 40.1% 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.