QQQE vs VOO
Direxion NASDAQ-100 Equal Weighted Index ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. QQQE delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | QQQE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $1.3B | $979.0B | |
| Dividend Yield | 0.56% | 1.09% | |
| Holdings | 102 | 509 | |
| YTD Return | +22.20% | +14.48% | |
| 1Y Return | +26.48% | +22.02% | |
| 3Y Return (annualized) | +17.92% | +21.80% | |
| 5Y Return (annualized) | +9.43% | +13.36% | |
| Volatility (annualized) | 16.3% | 14.2% | |
| Max Drawdown | -32.1% | -34.3% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 21, 2012 | Sep 7, 2010 |
QQQE vs VOO Performance
Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) is a ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QQQE returned +26.48% while VOO returned +22.02%. Year to date, QQQE is up 22.20% versus a gain of 14.48% for VOO.
Over three years, QQQE compounded at +17.92% per year against +21.80% for VOO; over five years the annualized figures are +9.43% and +13.36% respectively. Across the full 14-year window we track, QQQE has the edge at +14.13% annualized vs +13.61%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQE has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 14.2% for VOO. 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 -32.1% for QQQE and -34.3% for VOO. 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQE charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, QQQE currently yields 0.56% against 1.09% for VOO.
Holdings Overlap
QQQE and VOO share 88 holdings out of 520 unique holdings combined, representing a 25.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQE or VOO?
QQQE has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, QQQE or VOO?
Over the past year QQQE returned +26.48% vs +22.02% for VOO, so QQQE leads on 1-year performance. Over the longest common window we track (14 years), QQQE annualized +14.13% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, QQQE or VOO?
QQQE has been the more volatile fund at 16.3% annualized versus 14.2% for VOO. Worst drawdown: QQQE -32.1% vs VOO -34.3%.
Should I hold both QQQE and VOO?
QQQE and VOO have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQQE and VOO?
QQQE and VOO share 88 common holdings with a 25.9% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, QQQE or VOO?
QQQE yields 0.56% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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