QQQE vs VOO
Direxion NASDAQ-100 Equal Weighted Index ETF vs Vanguard S&P 500 ETF
Which is better, QQQE or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. QQQE led over 1Y and the full window, VOO over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.93. QQQE is less concentrated, with 12.3% of the fund in its ten largest positions against 36.4%.
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 | QQQE | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $1.5B | $997.4B |
| Dividend Yield | 0.58% | 1.04% |
| Holdings | 103 | 509 |
| YTD Return | +15.23%Best | +11.55% |
| 1Y Return | +21.05%Best | +17.54% |
| 3Y Return (annualized) | +15.48% | +20.71%Best |
| 5Y Return (annualized) | +7.81% | +12.80%Best |
| Volatility (annualized) | 16.2% | 14.1%Best |
| Max Drawdown | -32.1%Best | -34.3% |
| $10,000 over 5 years | $14,564 | $18,262Best |
| Top 10 Weight | 12.3%Best | 36.4% |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 21, 2012 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Mar 21, 2012 to Sep 10, 2026 (14.5 years).
QQQE vs VOO 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 14.5 years both funds cover.
QQQE vs VOO Performance
Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) is an ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year QQQE returned +21.05% while VOO returned +17.54%. Year to date, QQQE is up 15.23% versus a gain of 11.55% for VOO.
Over three years, QQQE compounded at +15.48% per year against +20.71% for VOO; over five years the annualized figures are +7.81% and +12.80% respectively. Across the full 15-year window we track, QQQE has the edge at +13.59% annualized vs +12.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQE has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 14.1% 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 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
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 0.58% against 1.04% for VOO.
Holdings Overlap
85.2% of QQQE's money is in holdings VOO also owns. 54.5% of VOO's money is in holdings QQQE also owns.
Most of QQQE is already inside VOO. Owning both mostly buys the same companies twice.
87 positions in common, counted across the 103 positions we hold weights for in QQQE and 505 in VOO, against full books of 103 and 509.
What only one of them owns
Our book lists 409 positions for VOO that do not appear in our book for QQQE (45.0% of the fund), and 8 for QQQE that do not appear in VOO (5.6%).
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 QQQE | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.98% | 7.51% | 6.53% |
| AAPLApple, Inc | 0.97% | 6.59% | 5.62% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 1.07% | 4.30% | 3.23% |
| AMZNAmazon.Com Inc | 1.00% | 3.62% | 2.62% |
| GOOGLAlphabet A Usd 0.001 | 0.49% | 3.25% | 2.76% |
| AVGOBroadcom Inc | 0.91% | 2.77% | 1.86% |
| GOOGAlphabet Inc | 0.49% | 2.59% | 2.10% |
| MUMicron Technology, Inc. | 0.90% | 2.02% | 1.12% |
| METAMeta Platforms, Inc. | 0.91% | 1.92% | 1.01% |
| TSLATesla Inc | 0.73% | 1.84% | 1.11% |
85.2% of QQQE is already inside VOO.
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, QQQE or VOO?
QQQE has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, QQQE or VOO?
Over the past year QQQE returned +21.05% vs +17.54% for VOO, so QQQE leads on 1-year performance. Over the longest common window we track (15 years), QQQE annualized +13.59% vs +12.97% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQE or VOO?
QQQE has been the more volatile fund at 16.2% annualized versus 14.1% 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. 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 QQQE and VOO?
85.2% of QQQE's money is in holdings VOO also owns. 54.5% of VOO's is in holdings QQQE also owns. They hold 87 positions in common, counted across the 103 positions we hold weights for in QQQE and 505 in VOO.
Which pays a higher dividend, QQQE or VOO?
QQQE yields 0.58% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than QQQE?
VOO has a lower expense ratio. QQQE led over 1Y and the full window, VOO over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.93. QQQE is less concentrated, with 12.3% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.