QQA vs VOO
Invesco QQQ Income Advantage ETF vs Vanguard S&P 500 ETF
Which is better, QQA or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. QQA led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 52.9%.
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 | QQA | VOO |
|---|---|---|
| Expense Ratio | 0.29% | 0.03%Best |
| AUM | $937M | $1.0T |
| Dividend Yield | 9.80% | 1.06% |
| Holdings | 246 | 506 |
| YTD Return | +15.40%Best | +13.57% |
| 1Y Return | +17.73%Best | +17.55% |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 12.5% | 11.9%Best |
| Max Drawdown | -19.7% | -18.7%Best |
| $10,000 over 2.2 years | $14,495Best | $14,110 |
| Top 10 Weight | 52.9% | 37.9%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jul 17, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 17, 2024 to Oct 14, 2026 (2.2 years).
QQA 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 2.2 years both funds cover.
QQA vs VOO Performance
Invesco QQQ Income Advantage ETF (QQA) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year QQA returned +17.73% while VOO returned +17.55%. Year to date, QQA is up 15.40% versus a gain of 13.57% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQA has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 11.9% 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 -19.7% for QQA and -18.7% 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQA charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, QQA currently yields 9.80% against 1.06% for VOO.
Holdings Overlap
70.7% of QQA's money is in holdings VOO also owns. 55.9% of VOO's money is in holdings QQA also owns.
Most of QQA is already inside VOO. Owning both mostly buys the same companies twice.
88 positions in common, counted across the 112 positions we hold weights for in QQA and 504 in VOO, against full books of 246 and 506.
What only one of them owns
Our book lists 411 positions for VOO that do not appear in our book for QQA (43.8% of the fund), and 12 for QQA that do not appear in VOO (24.1%).
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 QQA | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.42% | 8.09% | 1.67% |
| AAPLApple, Inc | 5.54% | 7.04% | 1.50% |
| MSFTMicrosoft Corp | 4.37% | 5.70% | 1.33% |
| AMZNAmazon.Com Inc | 3.09% | 3.85% | 0.76% |
| MUMicron Technology, Inc. | 3.81% | 1.64% | 2.17% |
| GOOGLAlphabet Inc | 2.29% | 3.01% | 0.72% |
| AVGOBroadcom Inc | 1.92% | 2.65% | 0.73% |
| GOOGAlphabet Inc. C | 2.14% | 2.40% | 0.26% |
| AMDAdvanced Micro Devices Inc | 3.25% | 1.16% | 2.09% |
| METAMeta Platforms Inc | 2.46% | 1.90% | 0.56% |
70.7% of QQA 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, QQA or VOO?
QQA has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, QQA or VOO?
Over the past year QQA returned +17.73% vs +17.55% for VOO, so QQA leads on 1-year performance. Over the longest common window we track (2 years), QQA annualized +18.38% vs +16.94% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQA or VOO?
QQA has been the more volatile fund at 12.5% annualized versus 11.9% for VOO. Worst drawdown: QQA -19.7% vs VOO -18.7%.
Should I hold both QQA and VOO?
QQA and VOO have a monthly-return correlation of 0.91, 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 QQA and VOO?
70.7% of QQA's money is in holdings VOO also owns. 55.9% of VOO's is in holdings QQA also owns. They hold 88 positions in common, counted across the 112 positions we hold weights for in QQA and 504 in VOO.
Which pays a higher dividend, QQA or VOO?
QQA yields 9.80% while VOO yields 1.06%, so QQA currently pays the higher dividend yield.
Is VOO better than QQA?
VOO has a lower expense ratio. QQA led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 52.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.