Data as of Oct 30, 2026.
QQQ vs VOO: Differences, Returns & Fees
Over the year to Oct 30, 2026, QQQ returned +10.8% to VOO's +12.4%; 55% of their weight is in the same names.
askIQ about this page
askIQ about QQQ and VOO
Net assets: $463.8bn on Oct 30, 2026 for Invesco QQQ Trust, Series 1, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.
Pair scorecard
VOO costs 0.15 points a year less; their one-year returns differ by 1.6 points.
| Measure | QQQ | VOO |
|---|---|---|
| Return | ||
| Total return, 1 year | +10.8% | +12.4% |
| Drawdown | ||
| Below its high | 9.1%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | Nasdaq-100 Index | S&P 500 Index |
| Cost and size | ||
| Expense ratio | 0.18% | 0.03% |
| Net assets, QQQ as of Oct 30, 2026 and VOO as of Sep 30, 2026 | $463.8bn | $1.0tn |
| Holdings | ||
| Holdings in common | 55% | |
| Top ten holdings, share of the fund | 46.4% | 39.1% |
Risk and return
Sep 17, 2010 to Oct 30, 2026 · 841 weekly returnsEach against its own benchmark: QQQ against QQQM, Oct 23, 2020 to Oct 30, 2026; VOO against IVV, Sep 17, 2010 to Oct 30, 2026.
From Sep 2010 to Oct 2026, QQQ returned more: +1,550.1% to +799.1%. VOO swung less: 15.9% to 19.0%. VOO fell slightly less at its worst: −31.8% to −35.1%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | QQQ | VOO | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +1,550.1% | +799.1% | QQQ | Price change plus distributions, reinvested. |
| Annualized | +18.9% | +14.5% | QQQ | Total return as a yearly rate. |
| Price return | +1,338.7% | +572.2% | QQQ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 19.0% | 15.9% | VOO | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.5% | 10.9% | VOO | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −35.1% | −31.8% | VOO (slight) | Deepest fall from a high to the low after it. |
| Upside capture | 100.4% | 99.8% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 100.2% | 99.9% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.00 | 1.00 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 1.00 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.92 | 0.83 | QQQ (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.40 | 1.21 | QQQ | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.141 | 0.133 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.54 | 0.46 | QQQ | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | QQQM | IVV | The ETF each fund is measured against. | |
| Alpha | −0.1% a year | 0.0% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.58 | 0.50 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −0.4% to +0.2% | −0.1% to +0.2% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.10 | 0.02 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 0.4% | 0.4% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 841 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, QQQ and VOO hold 55% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 29, 2026.
half
55% in common
Only in one fund ↓
Side by side
QQQ and VOO on the fields both publish, as of Oct 30, 2026. Source: ETFIQ.
Client brief: a two-page PDF of this comparison.
Free. It needs an email sign-in, once.
QQQ
QQQ tracks the Nasdaq-100. Over the year to Oct 30, 2026 it returned +10.8% with distributions reinvested, against +10.9% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 29, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 46.4%. It sat 9.1% below its high of Oct 6, 2026 on Oct 30, 2026.
VOO
VOO tracks the S&P 500. Over the year to Oct 30, 2026 it returned +12.4% with distributions reinvested, against +12.4% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 39.1%.
Questions people ask
- Which returned more over the last year, QQQ or VOO?
- In the year to Oct 30, 2026, with distributions reinvested, QQQ returned +10.8% and VOO +12.4%.
- Which is cheaper, QQQ or VOO?
- VOO is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, QQQ against VOO, data as of Oct 30, 2026. https://etfiq.com/compare/any/qqq-vs-voo
ETFIQ. (Oct 30, 2026). QQQ against VOO. Retrieved from https://etfiq.com/compare/any/qqq-vs-voo
[QQQ against VOO (ETFIQ, Oct 30, 2026)](https://etfiq.com/compare/any/qqq-vs-voo)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.