AVUQ vs QQQ
Avantis US Quality ETF vs Invesco QQQ Trust, Series 1
Which is better, AVUQ or QQQ?
QQQ has been ahead.
AVUQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 52.4%.
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 | AVUQ | QQQ |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $430M | $506.1B |
| Dividend Yield | 0.30% | 0.42% |
| Holdings | 556 | 321 |
| YTD Return | +12.34% | +19.30%Best |
| 1Y Return | +14.77% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 13.8%Best | 18.8% |
| Max Drawdown | -11.9%Best | -13.6% |
| $10,000 over 1.5 years | $13,661 | $15,037Best |
| Top 10 Weight | 52.4% | 46.7%Best |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 25, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 27, 2025 to Oct 14, 2026 (1.5 years).
AVUQ 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 1.5 years both funds cover.
AVUQ vs QQQ Performance
Avantis US Quality ETF (AVUQ) is an ETF from Avantis Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVUQ returned +14.77% while QQQ returned +22.47%. Year to date, AVUQ is up 12.34% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 13.8% for AVUQ. 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 -11.9% for AVUQ and -13.6% 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVUQ charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, AVUQ currently yields 0.30% against 0.42% for QQQ.
Holdings Overlap
64.8% of AVUQ's money is in holdings QQQ also owns. 77.7% of QQQ's money is in holdings AVUQ also owns.
Most of QQQ is already inside AVUQ. Owning both mostly buys the same companies twice.
51 positions in common, counted across the 550 positions we hold weights for in AVUQ and 101 in QQQ, against full books of 556 and 321.
What only one of them owns
Our book lists 42 positions for QQQ that do not appear in our book for AVUQ (18.6% of the fund), and 374 for AVUQ that do not appear in QQQ (34.5%).
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 AVUQ | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 10.17% | 8.33% | 1.84% |
| AAPLApple, Inc | 10.95% | 7.35% | 3.60% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.90% | 5.76% | 0.86% |
| AMZNAmazon.Com Inc | 5.57% | 4.07% | 1.50% |
| MUMicron Technology, Inc. | 4.37% | 5.02% | 0.65% |
| METAMeta Platform Inc | 4.47% | 3.26% | 1.21% |
| GOOGLAlphabet Inc-cl A | 3.47% | 3.05% | 0.42% |
| AMDAdvanced Micro Devices Inc. | 1.87% | 4.17% | 2.30% |
| GOOGAlphabet, Inc.- Cl C | 2.81% | 2.85% | 0.04% |
| AVGOBroadcom Inc | 2.99% | 2.53% | 0.46% |
77.7% of QQQ is already inside AVUQ.
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, AVUQ or QQQ?
AVUQ has an expense ratio of 0.15% while QQQ charges 0.18%. AVUQ is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, AVUQ or QQQ?
Over the past year AVUQ returned +14.77% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), AVUQ annualized +23.12% vs +31.25% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVUQ or QQQ?
QQQ has been the more volatile fund at 18.8% annualized versus 13.8% for AVUQ. Worst drawdown: AVUQ -11.9% vs QQQ -13.6%.
Should I hold both AVUQ and QQQ?
AVUQ and QQQ have a monthly-return correlation of 0.92, 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 AVUQ and QQQ?
77.7% of QQQ's money is in holdings AVUQ also owns. 77.7% of QQQ's is in holdings AVUQ also owns. They hold 51 positions in common, counted across the 550 positions we hold weights for in AVUQ and 101 in QQQ.
Which pays a higher dividend, AVUQ or QQQ?
AVUQ yields 0.30% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than AVUQ?
AVUQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 52.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.