IQQQ vs IVV
Proshares Nasdaq-100 High Income ETF vs iShares Core S&P 500 ETF
Which is better, IQQQ or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 48.4%.
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 | IQQQ | IVV |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $408M | $896.5B |
| Dividend Yield | 5.78% | 1.10% |
| Holdings | 105 | 508 |
| YTD Return | +14.72%Best | +13.59% |
| 1Y Return | +17.48% | +17.54%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 16.5% | 11.9%Best |
| Max Drawdown | -21.5% | -18.8%Best |
| $10,000 over 2.6 years | $15,058 | $15,334Best |
| Top 10 Weight | 48.4% | 38.9%Best |
| Fund Family | ProShares | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Mar 18, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 20, 2024 to Oct 14, 2026 (2.6 years).
IQQQ vs IVV 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 2.6 years both funds cover.
IQQQ vs IVV Performance
Proshares Nasdaq-100 High Income ETF (IQQQ) is an ETF from ProShares and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IQQQ returned +17.48% while IVV returned +17.54%. Year to date, IQQQ is up 14.72% versus a gain of 13.59% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQQQ has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 11.9% for IVV. 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 -21.5% for IQQQ and -18.8% for IVV. 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
IQQQ charges 0.55% per year while IVV charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, IQQQ currently yields 5.78% against 1.10% for IVV.
Holdings Overlap
79.0% of IQQQ's money is in holdings IVV also owns. 55.7% of IVV's money is in holdings IQQQ also owns.
Most of IQQQ is already inside IVV. Owning both mostly buys the same companies twice.
86 positions in common, counted across the 102 positions we hold weights for in IQQQ and 506 in IVV, against full books of 105 and 508.
What only one of them owns
Our book lists 414 positions for IVV that do not appear in our book for IQQQ (43.7% of the fund), and 9 for IQQQ that do not appear in IVV (14.9%).
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
| Stock | Weight in IQQQ | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.19% | 8.44% | 1.25% |
| AAPLApple, Inc | 6.21% | 7.29% | 1.08% |
| MSFTMicrosoft Corp | 4.90% | 5.76% | 0.86% |
| AMZNAmazon.Com Inc | 3.46% | 3.68% | 0.22% |
| MUMicron Technology, Inc. | 4.27% | 1.87% | 2.40% |
| GOOGLAlphabet Inc | 2.57% | 3.00% | 0.43% |
| METAMeta Platforms Inc | 2.76% | 2.42% | 0.34% |
| AMDAdvanced Micro Devices Inc | 3.64% | 1.52% | 2.12% |
| GOOGAlphabet Inc. C | 2.40% | 2.41% | 0.01% |
| AVGOBroadcom Inc | 2.15% | 2.47% | 0.32% |
79.0% of IQQQ is already inside IVV.
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, IQQQ or IVV?
IQQQ has an expense ratio of 0.55% while IVV charges 0.03%. IVV is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, IQQQ or IVV?
Over the past year IQQQ returned +17.48% vs +17.54% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQQQ or IVV?
IQQQ has been the more volatile fund at 16.5% annualized versus 11.9% for IVV. Worst drawdown: IQQQ -21.5% vs IVV -18.8%.
Should I hold both IQQQ and IVV?
IQQQ and IVV 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 IQQQ and IVV?
79.0% of IQQQ's money is in holdings IVV also owns. 55.7% of IVV's is in holdings IQQQ also owns. They hold 86 positions in common, counted across the 102 positions we hold weights for in IQQQ and 506 in IVV.
Which pays a higher dividend, IQQQ or IVV?
IQQQ yields 5.78% while IVV yields 1.10%, so IQQQ currently pays the higher dividend yield.
Is IVV better than IQQQ?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 48.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.