QQQ vs VOO (2026)
Invesco QQQ Trust and Vanguard S&P 500 ETF side by side. VOO is the cheaper fund (0.18% vs 0.03% expense ratio). Over the last five years QQQ returned more (+98.03% vs +76.00%, total return). Their portfolios overlap by about 54% of weight. Not investment advice.
Fund facts#
| QQQ | VOO | |
|---|---|---|
| Focus | Nasdaq 100 | S&P 500 |
| Expense ratio | 0.18% | 0.03% |
| AUM | $261.1B | — |
| Distribution yield | 0.42% | 1.03% |
| Holdings | 100 | 502 |
| 1 month return | +1.7% | +3.4% |
| YTD return | +19.3% | +14.3% |
| 1 year return | +26.6% | +21.6% |
| 3 years return | +100.9% | +80.0% |
| 5 years return | +104.3% | +86.6% |
| 10 years return | +569.5% | +319.2% |
| 3Y CAGR | +26.2%/yr | +21.7%/yr |
| 5Y CAGR | +15.4%/yr | +13.3%/yr |
| 10Y CAGR | +20.9%/yr | +15.4%/yr |
| Issuer | Invesco | Vanguard |
| Inception | 1999-03-10 | 2010-09-07 |
All returns are total returns (dividends reinvested), from daily adjusted closes. CAGR = compound annual growth rate. '—' means the fund's history doesn't span the horizon.
Annualized returns (CAGR)#
Compound annual growth rate per holding period, total return, from weekly adjusted closes. Horizons a fund's history can't span show no bar; horizons no fund spans are omitted.
Performance, rebased#
Returns by year#
| Year | QQQ | VOO |
|---|---|---|
| 2017 | +32.7% | +21.8% |
| 2018 | -0.1% | -4.5% |
| 2019 | +39.0% | +31.4% |
| 2020 | +48.6% | +18.3% |
| 2021 | +27.4% | +28.8% |
| 2022 | -32.6% | -18.2% |
| 2023 | +54.9% | +26.3% |
| 2024 | +25.6% | +25.0% |
| 2025 | +20.8% | +17.8% |
| 2026 YTD | +19.3% | +14.3% |
Total returns (dividends reinvested), calendar years.
Returns by year, charted#
Holdings overlap#
QQQ and VOO overlap by about 54% of portfolio weight — 86 shared holdings out of 100 in QQQ and 502 in VOO, from each fund's latest SEC filing (Mar 31, 2026 / Mar 31, 2026).
Top 10 holdings, side by side#
Merged top 10 across the funds — each column is the holding's % of that fund.
Sector weights#
| Sector | QQQ | VOO |
|---|---|---|
| Technology | 59.2% | 37.3% |
| Consumer Discretionary | 12.4% | 11.3% |
| Communication Services | 12.0% | 9.1% |
| Financials | 0.3% | 11.9% |
| Industrials | 2.9% | 9.0% |
| Healthcare | 4.1% | 8.8% |
| Consumer Staples | 6.4% | 4.1% |
| Energy | 0.3% | 2.8% |
| Utilities | 1.2% | 2.7% |
| Real Estate | 0.0% | 1.7% |
| Materials | 1.0% | 0.8% |
Sector weights, charted#
Estimated portfolio characteristics#
| QQQ | VOO | |
|---|---|---|
| P/E (trailing) | 31.1 | 25.7 |
| P/E (forward) | 20.6 | 18.9 |
| P/B | 8.7 | 5.3 |
| Dividend yield | 0.62% | 1.05% |
| Earnings growth (TTM) | +48.8% | +28.6% |
Estimated by our own bottom-up analysis of each fund's SEC-filed holdings; recomputed daily from public data.
Fund flows#
| Month | QQQ | VOO |
|---|---|---|
| Mar 2026 | −$4.5B | −$11.1B |
| Feb 2026 | −$7.5B | +$14.5B |
| Jan 2026 | −$730.7M | +$13.3B |
| Dec 2025 | +$8B | +$1.2B |
| Nov 2025 | −$1.1B | +$17.6B |
| Oct 2025 | +$6.8B | +$13.9B |
Net creations minus redemptions per calendar month, from each fund's SEC Form N-PORT. Figures are series-level: where a fund shares its portfolio with mutual-fund share classes (Vanguard funds do), flows cover all share classes combined. Quarterly filings publish with a ~60-day lag, so recent months appear as filings land.
Fund flows, charted#
Longer ranges aggregate to quarters/years. Flow data begins mid-2019 — Form N-PORT did not exist before then, for any fund.
Growth from any starting date#
Hover to move the starting point — every fund rebases to 1× at that date, so the comparison holds from any entry point back to 2010 (the earliest date all 2 funds existed). Log scale, weekly total returns.
Hover anywhere to rebase every line to 1× at that date and compare growth from that point. Log scale.
Methodology#
Returns are total returns (dividends reinvested) from daily adjusted closes. Holdings, overlap, sector weights and flows derive from each fund's public SEC filings (Form N-PORT), anchored on the latest filing and rolled forward daily by price moves. Overlap is the sum of the smaller weight across shared holdings. See each fund's full holdings: QQQ holdings · VOO holdings. Past performance does not predict future returns; not investment advice.
FAQ#
- QQQ or VOO — which is better?
- VOO is the cheaper fund (0.18% vs 0.03% expense ratio). Over the last five years QQQ returned more (+98.03% vs +76.00%, total return). Their portfolios overlap by about 54% of weight. Nasdaq-100 growth concentration vs low-cost S&P 500 exposure.
- How much do QQQ and VOO overlap?
- QQQ and VOO overlap by about 54% of portfolio weight, sharing 86 holdings (per each fund's latest SEC N-PORT filing, weights rolled forward to today).
- Is ChartRow affiliated with any of these funds?
- No. ChartRow is independent and not affiliated with, sponsored by, or endorsed by Invesco, Vanguard. Comparisons are derived independently from public SEC filings and market data; not investment advice.