QQQ vs VTWV
Invesco QQQ Trust, Series 1 vs Vanguard Russell 2000 Value ETF
Which is better, QQQ or VTWV?
Large Cap Growth against Small Cap Value.
VTWV has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, VTWV over 1Y. VTWV is less concentrated, with 5.6% 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 | VTWV |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $483.5B | $1.4B |
| Dividend Yield | 0.44% | 1.60% |
| Holdings | 107 | 1,432 |
| YTD Return | +16.87% | +21.26%Best |
| 1Y Return | +22.98% | +26.13%Best |
| 3Y Return (annualized) | +24.98%Best | +18.36% |
| 5Y Return (annualized) | +14.39%Best | +8.61% |
| Volatility (annualized) | 17.2%Best | 19.4% |
| Max Drawdown | -35.1%Best | -47.3% |
| $10,000 over 5 years | $19,586Best | $15,113 |
| Top 10 Weight | 46.5% | 5.6%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Small Cap Value |
| Inception | Mar 10, 1999 | Sep 20, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2010 to Sep 11, 2026 (16 years).
QQQ vs VTWV 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 VTWV Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Vanguard Russell 2000 Value ETF (VTWV) is an ETF from Vanguard (US). Over the past year QQQ returned +22.98% while VTWV returned +26.13%. Year to date, QQQ is up 16.87% versus a gain of 21.26% for VTWV.
Over three years, QQQ compounded at +24.98% per year against +18.36% for VTWV; over five years the annualized figures are +14.39% and +8.61% respectively. Across the full 16-year window we track, QQQ has the edge at +18.56% annualized vs +9.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTWV has been the more volatile fund, with annualized monthly volatility of 19.4% 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 -47.3% for VTWV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while VTWV 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 1.60% for VTWV.
Holdings Overlap
2.8% of QQQ's money is in holdings VTWV also owns.
QQQ and VTWV share little of their money.
1 positions in common, counted across the 102 positions we hold weights for in QQQ and 1,419 in VTWV, against full books of 107 and 1,432.
What only one of them owns
Our book lists 1,244 positions for VTWV that do not appear in our book for QQQ (95.7% of the fund), and 94 for QQQ that do not appear in VTWV (94.3%).
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 VTWV | Difference |
|---|---|---|---|
| METAMeta Platforms, Inc. | 2.78% | 0.01% | 2.77% |
You are not choosing between two funds in isolation.
Whichever of QQQ and VTWV 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 VTWV?
QQQ has an expense ratio of 0.18% while VTWV charges 0.06%. VTWV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, QQQ or VTWV?
Over the past year QQQ returned +22.98% vs +26.13% for VTWV, so VTWV leads on 1-year performance. Over the longest common window we track (16 years), QQQ annualized +18.56% vs +9.40% for VTWV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or VTWV?
VTWV has been the more volatile fund at 19.4% annualized versus 17.2% for QQQ. Worst drawdown: QQQ -35.1% vs VTWV -47.3%.
Should I hold both QQQ and VTWV?
QQQ and VTWV have a monthly-return correlation of 0.66, 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 VTWV?
2.8% of QQQ's money is in holdings VTWV also owns. 0.0% of VTWV's is in holdings QQQ also owns. They hold 1 positions in common, counted across the 102 positions we hold weights for in QQQ and 1,419 in VTWV.
Which pays a higher dividend, QQQ or VTWV?
QQQ yields 0.44% while VTWV yields 1.60%, so VTWV currently pays the higher dividend yield.
Is VTWV better than QQQ?
VTWV has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, VTWV over 1Y. VTWV is less concentrated, with 5.6% 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.