AVES vs QQQ
Avantis Emerging Markets Value ETF vs Invesco QQQ Trust, Series 1
Which is better, AVES or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | AVES | QQQ |
|---|---|---|
| Expense Ratio | 0.36% | 0.18%Best |
| AUM | $1.6B | $506.1B |
| Dividend Yield | 3.43% | 0.42% |
| Holdings | 1,887 | 321 |
| YTD Return | +10.57% | +19.30%Best |
| 1Y Return | +18.37% | +22.47%Best |
| 3Y Return (annualized) | +18.46% | +26.18%Best |
| 5Y Return (annualized) | +8.70% | +15.42%Best |
| Volatility (annualized) | 16.3%Best | 20.7% |
| Max Drawdown | -27.4%Best | -35.1% |
| $10,000 over 5 years | $15,176 | $20,484Best |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Sep 29, 2021 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Oct 14, 2026 (5 years).
AVES vs QQQ 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 years both funds cover.
AVES vs QQQ Performance
Avantis Emerging Markets Value ETF (AVES) is an ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVES returned +18.37% while QQQ returned +22.47%. Year to date, AVES is up 10.57% versus a gain of 19.30% for QQQ.
Over three years, AVES compounded at +18.46% per year against +26.18% for QQQ; over five years the annualized figures are +8.70% and +15.42% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 16.3% for AVES. 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 -27.4% for AVES and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVES charges 0.36% per year while QQQ charges 0.18%. On a $10,000 position that is $36 vs $18 annually, a gap of $18 per year that compounds over a long holding period. On income, AVES currently yields 3.43% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 13 holdings in AVES and 101 in QQQ, totalling 1.2% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 13 positions we hold weights for in AVES and 101 in QQQ, against full books of 1,887 and 321.
You are not choosing between two funds in isolation.
Whichever of AVES and QQQ 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, AVES or QQQ?
AVES has an expense ratio of 0.36% while QQQ charges 0.18%. QQQ is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, AVES or QQQ?
Over the past year AVES returned +18.37% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVES or QQQ?
QQQ has been the more volatile fund at 20.7% annualized versus 16.3% for AVES. Worst drawdown: AVES -27.4% vs QQQ -35.1%.
Should I hold both AVES and QQQ?
AVES and QQQ have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AVES or QQQ?
AVES yields 3.43% while QQQ yields 0.42%, so AVES currently pays the higher dividend yield.
Is QQQ better than AVES?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.