QQQJ vs VOO

QQQJ vs VOO

Which is better, QQQJ or VOO?

Mid Cap Growth against Large Cap Blend.

VOO has a lower expense ratio. QQQJ led over 1Y and 3Y, VOO over 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. QQQJ is less concentrated, with 19.6% of the fund in its ten largest positions against 37.6%.

Lower Fees: VOOHigher Returns: splitLess Concentrated: QQQJ

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

MetricQQQJVOO
Expense Ratio0.15%0.03%Best
AUM$1.2B$997.4B
Dividend Yield0.54%1.04%
Holdings107509
YTD Return+19.13%Best+12.25%
1Y Return+24.95%Best+17.03%
3Y Return (annualized)+22.09%Best+21.25%
5Y Return (annualized)+6.22%+13.08%Best
Volatility (annualized)19.5%15.4%Best
Max Drawdown-39.6%-24.5%Best
$10,000 over 5 years$13,522$18,490Best
Top 10 Weight19.6%Best37.6%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
StyleMid Cap GrowthLarge Cap Blend
InceptionOct 13, 2020Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Oct 13, 2020 to Sep 17, 2026 (5.9 years).

QQQJ 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 5.9 years both funds cover.

QQQJ vs VOO Performance

Invesco NASDAQ Next Gen 100 ETF (QQQJ) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year QQQJ returned +24.95% while VOO returned +17.03%. Year to date, QQQJ is up 19.13% versus a gain of 12.25% for VOO.

Over three years, QQQJ compounded at +22.09% per year against +21.25% for VOO; over five years the annualized figures are +6.22% and +13.08% respectively. Across the full 6-year window we track, VOO has the edge at +15.55% annualized vs +9.76%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QQQJ has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 15.4% 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 -39.6% for QQQJ and -24.5% 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

QQQJ charges 0.15% per year while VOO charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQJ currently yields 0.54% against 1.04% for VOO.

Holdings Overlap

QQQJ already in VOO46.8%
VOO already in QQQJ1.4%

46.8% of QQQJ's money is in holdings VOO also owns. 1.4% of VOO's money is in holdings QQQJ also owns.

The two portfolios partly overlap.

44 positions in common, counted across the 106 positions we hold weights for in QQQJ and 494 in VOO, against full books of 107 and 509.

What only one of them owns

Our book lists 445 positions for VOO that do not appear in our book for QQQJ (97.8% of the fund), and 45 for QQQJ that do not appear in VOO (37.9%).

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

StockWeight in QQQJWeight in VOODifference
EBAYEbay Inc.2.27%0.08%2.19%
FLEX:SIFlex Ltd1.97%0.07%1.90%
NTAPNetapp Inc1.80%0.05%1.75%
EXPEExpedia Group Inc (consumer Discretionary)1.79%0.05%1.74%
KMBKimberly-Clark Corp.1.76%0.06%1.70%
UALUnited Airlines Holdings Inc.1.72%0.06%1.66%
STLDSteel Dynamics, Inc.1.65%0.05%1.60%
BIIBBiogen Inc. Com1.57%0.05%1.52%
CTSHCognizant Technology Solutions Corp. Class A1.50%0.04%1.46%
ONOn Semiconductor Corp1.43%0.05%1.38%

46.8% of QQQJ 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.

QQQJVOO

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Frequently Asked Questions

Which is cheaper, QQQJ or VOO?

QQQJ has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option, by $12 a year on a $10,000 investment.

Which performed better, QQQJ or VOO?

Over the past year QQQJ returned +24.95% vs +17.03% for VOO, so QQQJ leads on 1-year performance. Over the longest common window we track (6 years), QQQJ annualized +9.76% vs +15.55% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, QQQJ or VOO?

QQQJ has been the more volatile fund at 19.5% annualized versus 15.4% for VOO. Worst drawdown: QQQJ -39.6% vs VOO -24.5%.

Should I hold both QQQJ and VOO?

QQQJ and VOO have a monthly-return correlation of 0.90, 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 QQQJ and VOO?

46.8% of QQQJ's money is in holdings VOO also owns. 1.4% of VOO's is in holdings QQQJ also owns. They hold 44 positions in common, counted across the 106 positions we hold weights for in QQQJ and 494 in VOO.

Which pays a higher dividend, QQQJ or VOO?

QQQJ yields 0.54% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.

Is VOO better than QQQJ?

VOO has a lower expense ratio. QQQJ led over 1Y and 3Y, VOO over 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. QQQJ is less concentrated, with 19.6% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.