ETF Versus

QQQ vs VOOG

Invesco QQQ Trust vs Vanguard S&P 500 Growth Index Fund ETF Shares

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
VOOG Vanguard

Vanguard S&P 500 Growth Index Fund ETF Shares (VOOG) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a low expense ratio of 0.07%. The fund offers a modest dividend yield of 0.51%. Launched in 2010, the fund has a 16-year track record.

AUM: $21.9B ER: 0.07% Yield: 0.51% Since: Sep 7, 2010

Quick Verdict

VOOG is significantly cheaper at 0.07% vs 0.18% expense ratio, saving you approximately $218 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (37.0% vs 36.1%), tracking closely.

Key Metrics

Metric QQQ VOOG
Expense Ratio 0.18% 0.07%
Dividend Yield 0.5% 0.5%
Fund Family Invesco Vanguard
Category US Large Cap Growth US Large Cap Growth

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%
VOOG +75.3%

Performance Comparison

Period QQQ VOOG Difference
1 Month +0.58% +0.59% -0.01%
3 Months -2.54% -3.55% +1.01%
6 Months +1.53% -0.07% +1.60%
YTD -0.31% -2.15% +1.84%
1 Year +36.99% +36.11% +0.88%
3 Years +93.53% +88.63% +4.90%
5 Years +81.55% +75.33% +6.22%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period QQQ Fees VOOG Fees You Save
$10,000 10 years $357 $140 $218
$10,000 20 years $1,529 $600 $929
$10,000 30 years $4,912 $1,938 $2,973
$50,000 10 years $1,786 $698 $1,088
$50,000 30 years $24,558 $9,692 $14,866
$100,000 30 years $49,116 $19,383 $29,733

Risk Metrics

Based on 5 years of daily returns

Metric QQQ VOOG
Annualized Volatility 22.4% 21.2%
Max Drawdown -35.6% -33.1%
Sharpe Ratio 0.45 0.43

Dividend Comparison

Metric QQQ VOOG
Annual Dividend (per share) $2.81 $2.21
Dividend Yield 0.46% 0.51%
Distribution Frequency Quarterly Quarterly

Top Holdings

7 of top 9 holdings overlap (78% 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%

VOOG Top Holdings

NameWeight
NVIDIA CorporationNVDA14.15%
Microsoft CorporationMSFT9.59%
Apple Inc.AAPL6.41%
Broadcom Inc.AVGO4.96%
Alphabet Inc.GOOG4.76%
Meta Platforms, Inc.META4.64%
Amazon.com, Inc.AMZN3.56%
Berkshire Hathaway Inc.BRK.B3.04%
Eli Lilly and CompanyLLY2.74%

Which One Should You Choose?

Choose VOOG if...

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

Either works if...

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

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