QQQ vs XOVL
Invesco QQQ Trust, Series 1 vs Defiance Daily Target 2X Long XOVR ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | XOVL | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.31% | |
| AUM | $496.3B | $6M | |
| Dividend Yield | 0.44% | 0.00% | |
| Holdings | 108 | 8 | |
| YTD Return | +16.19% | +1.80% | |
| 1Y Return | +25.22% | - | |
| 3Y Return (annualized) | +25.47% | - | |
| 5Y Return (annualized) | +14.34% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -27.2% | |
| Fund Family | Invesco (US) | Defiance ETFs, LLC | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | May 4, 2026 |
QQQ vs XOVL Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Defiance Daily Target 2X Long XOVR ETF (XOVL) is a ETF from Defiance ETFs, LLC. Year to date, QQQ is up 16.19% versus a gain of 1.80% for XOVL.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -27.2% for XOVL. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QQQ charges 0.18% per year while XOVL charges 1.31%. On a $10,000 position that is $18 vs $131 annually, a gap of $113 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for XOVL.
Holdings Overlap
QQQ and XOVL share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or XOVL?
QQQ has an expense ratio of 0.18% while XOVL charges 1.31%. QQQ is the cheaper option. On a $10,000 investment, that is $113 per year of difference.
What is the holdings overlap between QQQ and XOVL?
QQQ and XOVL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, QQQ or XOVL?
QQQ yields 0.44% while XOVL yields 0.00%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.