QQQ vs VONV
Invesco QQQ Trust, Series 1 vs Vanguard Russell 1000 Value ETF
Quick Verdict
VONV has a lower expense ratio. VONV delivered stronger 1-year returns. VONV offers more diversification with 876 holdings.
Side-by-Side Comparison
| Metric | QQQ | VONV | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.06% | |
| AUM | $496.3B | $21.5B | |
| Dividend Yield | 0.44% | 1.56% | |
| Holdings | 108 | 876 | |
| YTD Return | +16.64% | +22.16% | |
| 1Y Return | +27.27% | +31.95% | |
| 3Y Return (annualized) | +25.96% | +20.51% | |
| 5Y Return (annualized) | +14.54% | +11.94% | |
| Volatility (annualized) | 30.6% | 14.4% | |
| Max Drawdown | -83.0% | -38.2% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Sep 20, 2010 |
QQQ vs VONV Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Vanguard Russell 1000 Value ETF (VONV) is a ETF from Vanguard (US). Over the past year QQQ returned +27.27% while VONV returned +31.95%. Year to date, QQQ is up 16.64% versus a gain of 22.16% for VONV.
Over three years, QQQ compounded at +25.96% per year against +20.51% for VONV; over five years the annualized figures are +14.54% and +11.94% respectively. Across the full 16-year window we track, QQQ has the edge at +13.03% annualized vs +10.54%. 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 14.4% for VONV. 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 -38.2% for VONV. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while VONV charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.56% for VONV.
Holdings Overlap
QQQ and VONV share 51 holdings out of 921 unique holdings combined, representing a 27.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or VONV?
QQQ has an expense ratio of 0.18% while VONV charges 0.06%. VONV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, QQQ or VONV?
Over the past year QQQ returned +27.27% vs +31.95% for VONV, so VONV leads on 1-year performance. Over the longest common window we track (16 years), QQQ annualized +13.03% vs +10.54% for VONV. Past performance does not guarantee future results.
Which is riskier, QQQ or VONV?
QQQ has been the more volatile fund at 30.6% annualized versus 14.4% for VONV. Worst drawdown: QQQ -83.0% vs VONV -38.2%.
Should I hold both QQQ and VONV?
QQQ and VONV have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and VONV?
QQQ and VONV share 51 common holdings with a 27.6% weight overlap. Combined, they hold 921 unique securities.
Which pays a higher dividend, QQQ or VONV?
QQQ yields 0.44% while VONV yields 1.56%, so VONV currently pays the higher dividend yield.
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