ETF Versus

QQQ vs RPV

Invesco QQQ Trust vs Invesco S&P 500 Pure Value ETF

Last updated: 2026-04-10

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 0.46%. Launched in 1999, the fund has a 27-year track record.

AUM: $389.6B ER: 0.18% Yield: 0.46% Since: Mar 10, 1999
RPV Invesco

Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges an above-average expense ratio of 0.35%. The fund offers a moderate dividend yield of 2.39%. Launched in 2006, the fund has a 20-year track record.

AUM: $1.7B ER: 0.35% Yield: 2.39% Since: Mar 1, 2006

Quick Verdict

QQQ is significantly cheaper at 0.18% vs 0.35% expense ratio, saving you approximately $332 per $10,000 invested over 10 years. Over the past year, QQQ has significantly outperformed with a 37.0% return vs 28.4%. Income investors may prefer RPV for its higher yield (2.4% vs 0.5%).

Key Metrics

Metric QQQ RPV
Expense Ratio 0.18% 0.35%
Dividend Yield 0.5% 2.4%
Fund Family Invesco Invesco
Category US Large Cap Growth US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

75 98 121 144 167 190 2021-04 2022-07 2023-10 2025-01 2026-04
QQQ +81.6%
RPV +43.8%

Performance Comparison

Period QQQ RPV Difference
1 Month +0.58% +0.53% +0.05%
3 Months -2.54% +1.21% -3.75%
6 Months +1.53% +11.76% -10.23%
YTD -0.31% +3.67% -3.98%
1 Year +36.99% +28.36% +8.63%
3 Years +93.53% +40.78% +52.75%
5 Years +81.55% +43.81% +37.74%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period QQQ Fees RPV Fees You Save
$10,000 10 years $357 $690 $332
$10,000 20 years $1,529 $2,930 $1,400
$10,000 30 years $4,912 $9,337 $4,425
$50,000 10 years $1,786 $3,448 $1,662
$50,000 30 years $24,558 $46,685 $22,127
$100,000 30 years $49,116 $93,370 $44,254

Risk Metrics

Based on 5 years of daily returns

Metric QQQ RPV
Annualized Volatility 22.4% 18.1%
Max Drawdown -35.6% -24.1%
Sharpe Ratio 0.45 0.25

Dividend Comparison

Metric QQQ RPV
Annual Dividend (per share) $2.81 $2.59
Dividend Yield 0.46% 2.39%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

QQQ Top Holdings

NameWeight
NVIDIA CorporationNVDA8.69%
Apple Inc.AAPL7.47%
Microsoft CorporationMSFT5.55%
Amazon.com, Inc.AMZN4.61%
Tesla, Inc.TSLA3.47%
Meta Platforms, Inc.META3.41%
Alphabet Inc.GOOG3.32%
Walmart Inc.WMT3.32%
Broadcom Inc.AVGO3.18%

RPV Top Holdings

NameWeight
Bunge Global SABG2.73%
Dow Inc.DOW2.73%
Archer-Daniels-Midland CompanyADM2.19%
LyondellBasell Industries N.V.LYB2.15%
The Mosaic CompanyMOS2.02%
Tyson Foods, Inc.TSN1.93%
Ford Motor CompanyF1.73%
The Cigna GroupCI1.72%
General Motors CompanyGM1.68%
Target CorporationTGT1.61%

Which One Should You Choose?

Choose QQQ 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 RPV if...

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

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