What is the expense ratio of QQQ vs VONG?

QQQ has an expense ratio of 0.18%, while VONG has an expense ratio of 0.06%.

QQQ vs VONG

Invesco QQQ Trust vs Vanguard Russell 1000 Growth Index Fund ETF Shares

Last updated: 2026-04-02

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

VONG

Vanguard Russell 1000 Growth Index Fund ETF Shares (VONG) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a low expense ratio of 0.06%. The fund offers a modest dividend yield of 0.50%. Launched in 2010, the fund has a 16-year track record.

AUM: $35.8B ER: 0.06% Yield: 0.50% Since: Sep 20, 2010

Quick Verdict

VONG is significantly cheaper at 0.06% vs 0.18% expense ratio, saving you approximately $237 per $10,000 invested over 10 years. Over the past year, QQQ has significantly outperformed with a 23.6% return vs 18.1%.

Key Metrics

Metric	QQQ	VONG
Expense Ratio	0.18%	0.06%
Dividend Yield	0.5%	0.5%
Fund Family	Invesco	N/A
Category	US Large Cap Growth	US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

QQQ +76.5%

VONG +71.4%

Performance Comparison

Period	QQQ	VONG	Difference
1 Month	-3.91%	-4.74%	+0.83%
3 Months	-4.70%	-8.85%	+4.15%
6 Months	-3.13%	-8.46%	+5.33%
YTD	-4.70%	-8.85%	+4.15%
1 Year	+23.61%	+18.14%	+5.47%
3 Years	+82.51%	+75.87%	+6.64%
5 Years	+76.50%	+71.39%	+5.11%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	QQQ Fees	VONG Fees	You Save
$10.000	10 years	$357	$120	$237
$10.000	20 years	$1.529	$515	$1.014
$10.000	30 years	$4.912	$1.664	$3.248
$50.000	10 years	$1.786	$598	$1.187
$50.000	30 years	$24.558	$8.318	$16.240
$100.000	30 years	$49.116	$16.637	$32.479

Risk Metrics

Based on 5 years of daily returns

Metric	QQQ	VONG
Annualized Volatility	22.4%	21.3%
Max Drawdown	-35.6%	-33.2%
Sharpe Ratio	0.42	0.40

Dividend Comparison

Metric	QQQ	VONG
Annual Dividend (per share)	$2.81	$0.56
Dividend Yield	0.48%	0.50%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

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

QQQ Top Holdings

Name	Weight
NVIDIA CorporationNVDA	8.55%
Apple Inc.AAPL	7.67%
Microsoft CorporationMSFT	5.56%
Amazon.com, Inc.AMZN	4.49%
Tesla, Inc.TSLA	3.79%
Walmart Inc.WMT	3.48%
Meta Platforms, Inc.META	3.26%
Alphabet Inc.GOOG	3.13%
Broadcom Inc.AVGO	2.99%

VONG Top Holdings

Name	Weight
NVIDIA CorporationNVDA	12.18%
Apple Inc.AAPL	11.35%
Microsoft CorporationMSFT	8.64%
Broadcom Inc.AVGO	4.59%
Amazon.com, Inc.AMZN	4.33%
Meta Platforms, Inc.META	3.76%
Tesla, Inc.TSLA	3.58%
Eli Lilly and CompanyLLY	2.94%
Alphabet Inc.GOOG	2.92%

Which One Should You Choose?

Choose VONG 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.

Either works if...

you just need broad us large cap growth exposure. Both are solid options — pick whichever your brokerage offers commission-free.

Related Comparisons

AGG vs QQQ ARKK vs QQQ BND vs QQQ BNDX vs QQQ BOTZ vs QQQ EFA vs QQQ GLD vs QQQ HACK vs QQQ