QQQ vs VOTE
Invesco QQQ Trust, Series 1 vs TCW Transform 500 ETF
Which is better, QQQ or VOTE?
Large Cap Growth against Large Cap Blend.
VOTE has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. VOTE is less concentrated, with 36.8% 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 | VOTE |
|---|---|---|
| Expense Ratio | 0.18% | 0.05%Best |
| AUM | $483.5B | $1.1B |
| Dividend Yield | 0.44% | 0.92% |
| Holdings | 107 | 509 |
| YTD Return | +15.21%Best | +11.20% |
| 1Y Return | +19.78%Best | +15.50% |
| 3Y Return (annualized) | +24.58%Best | +21.00% |
| 5Y Return (annualized) | +13.93%Best | +12.21% |
| Volatility (annualized) | 20.7% | 15.8%Best |
| Max Drawdown | -35.1% | -25.7%Best |
| $10,000 over 5 years | $19,195Best | $17,789 |
| Top 10 Weight | 46.5% | 36.8%Best |
| Fund Family | Invesco (US) | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Jun 22, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jun 23, 2021 to Sep 16, 2026 (5.2 years).
QQQ vs VOTE 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 5.2 years both funds cover.
QQQ vs VOTE Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and TCW Transform 500 ETF (VOTE) is an ETF from TCW ETFs. Over the past year QQQ returned +19.78% while VOTE returned +15.50%. Year to date, QQQ is up 15.21% versus a gain of 11.20% for VOTE.
Over three years, QQQ compounded at +24.58% per year against +21.00% for VOTE; over five years the annualized figures are +13.93% and +12.21% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 15.8% for VOTE. 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 -25.7% for VOTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while VOTE charges 0.05%. On a $10,000 position that is $18 vs $5 annually, a gap of $13 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.92% for VOTE.
Holdings Overlap
95.4% of QQQ's money is in holdings VOTE also owns. 53.4% of VOTE's money is in holdings QQQ also owns.
Most of QQQ is already inside VOTE. Owning both mostly buys the same companies twice.
91 positions in common, counted across the 102 positions we hold weights for in QQQ and 501 in VOTE, against full books of 107 and 509.
What only one of them owns
Our book lists 390 positions for VOTE that do not appear in our book for QQQ (45.2% of the fund), and 5 for QQQ that do not appear in VOTE (2.1%).
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.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in VOTE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 7.82% | 0.62% |
| AAPLApple, Inc | 7.27% | 6.65% | 0.62% |
| MSFTMicrosoft Corp | 5.76% | 5.45% | 0.31% |
| AMZNAmazon.Com Inc | 4.67% | 3.82% | 0.85% |
| GOOGLAlphabet Inc,class A | 3.36% | 3.00% | 0.36% |
| MUMicron Technology, Inc. | 4.43% | 1.62% | 2.81% |
| AVGOBroadcom Inc | 3.16% | 2.71% | 0.45% |
| GOOGAlphabet Inc | 3.13% | 2.40% | 0.73% |
| AMDAdvanced Micro Devices Inc | 3.45% | 1.24% | 2.21% |
| METAMeta Platforms Inc | 2.78% | 1.91% | 0.87% |
95.4% of QQQ is already inside VOTE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or VOTE?
QQQ has an expense ratio of 0.18% while VOTE charges 0.05%. VOTE is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, QQQ or VOTE?
Over the past year QQQ returned +19.78% vs +15.50% for VOTE, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or VOTE?
QQQ has been the more volatile fund at 20.7% annualized versus 15.8% for VOTE. Worst drawdown: QQQ -35.1% vs VOTE -25.7%.
Should I hold both QQQ and VOTE?
QQQ and VOTE have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQQ and VOTE?
95.4% of QQQ's money is in holdings VOTE also owns. 53.4% of VOTE's is in holdings QQQ also owns. They hold 91 positions in common, counted across the 102 positions we hold weights for in QQQ and 501 in VOTE.
Which pays a higher dividend, QQQ or VOTE?
QQQ yields 0.44% while VOTE yields 0.92%, so VOTE currently pays the higher dividend yield.
Is VOTE better than QQQ?
VOTE has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. VOTE is less concentrated, with 36.8% 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.