ETF Versus

IVV vs QQQ

iShares Core S&P 500 ETF vs Invesco QQQ Trust

Last updated: 2026-04-02

IVV iShares

iShares Core S&P 500 ETF (IVV) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.23%. Launched in 2000, the fund has a 26-year track record.

AUM: $702.1B ER: 0.03% Yield: 1.23% Since: May 15, 2000
QQQ Invesco

Invesco QQQ Trust (QQQ) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.48%. Launched in 1999, the fund has a 27-year track record.

AUM: $363.1B ER: 0.18% Yield: 0.48% Since: Mar 10, 1999

Quick Verdict

IVV is significantly cheaper at 0.03% vs 0.18% expense ratio, saving you approximately $297 per $10,000 invested over 10 years. Over the past year, QQQ has significantly outperformed with a 23.6% return vs 16.7%. Income investors may prefer IVV for its higher yield (1.2% vs 0.5%).

Key Metrics

Metric IVV QQQ
Expense Ratio 0.03% 0.18%
Dividend Yield 1.2% 0.5%
Fund Family iShares Invesco
Category US Large Cap Blend US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

75 99 123 147 171 195 2021-04 2022-06 2023-09 2024-12 2026-04
IVV +61.3%
QQQ +76.5%

Performance Comparison

Period IVV QQQ Difference
1 Month -4.55% -3.91% -0.64%
3 Months -4.10% -4.70% +0.60%
6 Months -2.14% -3.13% +0.99%
YTD -4.10% -4.70% +0.60%
1 Year +16.72% +23.61% -6.89%
3 Years +59.51% +82.51% -23.00%
5 Years +61.35% +76.50% -15.15%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IVV Fees QQQ Fees You Save
$10.000 10 years $60 $357 $297
$10.000 20 years $258 $1.529 $1.271
$10.000 30 years $835 $4.912 $4.076
$50.000 10 years $299 $1.786 $1.486
$50.000 30 years $4.176 $24.558 $20.382
$100.000 30 years $8.352 $49.116 $40.764

Risk Metrics

Based on 5 years of daily returns

Metric IVV QQQ
Annualized Volatility 16.9% 22.4%
Max Drawdown -25.4% -35.6%
Sharpe Ratio 0.39 0.42

Dividend Comparison

Metric IVV QQQ
Annual Dividend (per share) $8.06 $2.81
Dividend Yield 1.22% 0.48%
Distribution Frequency Quarterly Quarterly

Top Holdings

8 of top 9 holdings overlap (89% overlap in top holdings)

IVV Top Holdings

NameWeight
NVIDIA CorporationNVDA7.45%
Apple Inc.AAPL6.68%
Microsoft CorporationMSFT4.85%
Amazon.com, Inc.AMZN3.56%
Broadcom Inc.AVGO2.61%
Alphabet Inc.GOOG2.34%
Meta Platforms, Inc.META2.10%
Tesla, Inc.TSLA1.86%
Berkshire Hathaway Inc.BRK.B1.57%

QQQ Top Holdings

NameWeight
NVIDIA CorporationNVDA8.55%
Apple Inc.AAPL7.67%
Microsoft CorporationMSFT5.56%
Amazon.com, Inc.AMZN4.49%
Tesla, Inc.TSLA3.79%
Walmart Inc.WMT3.48%
Meta Platforms, Inc.META3.26%
Alphabet Inc.GOOG3.13%
Broadcom Inc.AVGO2.99%

Which One Should You Choose?

Choose IVV if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose QQQ if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose IVV if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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