QQQ vs VOO ETF Comparison
Compare QQQ and VOO across fund costs, diversification, holdings, performance, income, risk and current AlgovestIQ evidence.
What is the main difference between QQQ and VOO?
QQQ is Invesco QQQ Trust, Series 1, while VOO is Vanguard S&P 500 ETF. QQQ is tied to Equity; VOO is tied to Large Cap Equity. VOO is broader by holdings count, with 505 positions versus 102 for QQQ. QQQ is more concentrated at the top, based on top-10 holdings weight.
| Metric | QQQ | VOO | Type |
|---|---|---|---|
| Expense ratio | 0.18% | 0.03% | Fund |
| Holdings | 102 | 505 | Fund |
| Top-10 concentration | 75.6% | 58% | Fund |
| Underlying exposure | Equity | Large Cap Equity | Fund |
| Annualized volatility | 19.7% | 12.8% | Risk |
| Max drawdown | -12.2% | -9.2% | Risk |
| Beta | 1.43 | 1.00 | Risk |
| Sharpe ratio | 1.05 | 1.15 | Risk |
| Sortino ratio | 1.57 | 1.63 | Risk |
| AIQ Score | 53/100 | 59/100 | AlgovestIQ |
| AIQ Edge Score | 6/10 | 8/10 | AlgovestIQ |
| Momentum | 29/100 | 45/100 | AlgovestIQ |
| Risk Resilience | 75/100 | 89/100 | AlgovestIQ |
AlgovestIQ AIQ Comparison
Invesco QQQ Trust, Series 1 vs Vanguard S&P 500 ETF
VOO leads
VOO leads by 6 AIQ points, primarily on Momentum and Risk Resilience.
Competitive: 3 of 4 evidence groups support VOO, and its current signal state is conflicted.
Invesco QQQ Trust, Series 1
Vanguard S&P 500 ETF
The Algovestiq AIQ Score currently favors VOO over QQQ, 59 versus 53 as of Sep 3, 2026. VOO's advantage is driven primarily by stronger momentum and risk resilience, while QQQ holds the stronger quality profile. VOO also shows the stronger technical structure relative to its 50-day moving average. 3 of 4 covered evidence groups favor VOO today, and the comparison is rated Competitive on stability: the leader is throwing conflicting signals. VOO lead: Stable — the AIQ differential has held near 6 points over 30 sessions.
Compare Invesco QQQ Trust, Series 1 and Vanguard S&P 500 ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Momentum25%29 vs 45VOO +16
- Risk Resilience15%75 vs 89VOO +14
- Value30%31 vs 37VOO +6
- Quality30%83 vs 78QQQ +5
3 of 4 evidence groups favor VOO. VOO’s edge is concentrated in momentum and risk resilience; QQQ keeps a meaningful quality edge.
What changed since the last close
Latest scored session 2026-09-02, compared against the prior scored session 2026-09-01.
Largest factor move: Momentum -6
No new signals fired.
Largest factor move: Momentum -3
No new signals fired.
VOO's lead was unchanged in the latest snapshot.
Deeper signal detail for each name lives on its own signals page — QQQ and VOO both carry a full feed there.
The central trade-off
VOO (Vanguard S&P 500 ETF): the stronger current systematic profile, led by momentum and risk resilience.
QQQ (Invesco QQQ Trust, Series 1): the counter-case, on quality — but at materially higher volatility, 12.9% against 7.3%.
Which one fits your objective
The same two names rank differently depending on what you are optimizing for. All six reads are shown at once — none of them is hidden behind a toggle.
Balanced
VOOVOO on the overall AIQ Score, which weights Quality and Value at 30% each.
Growth
EvenGrowth figures are not covered for both names.
Value
VOOVOO on the peer-relative Value factor, by 6 points.
Momentum
VOOVOO on the Momentum factor, by 16 points.
Lower downside
VOOVOO on Risk Resilience, by 14 points.
Analyst upside
EvenAnalyst targets are level or not covered for both names.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | QQQ | VOO | Why it matters |
|---|---|---|---|
| Expense ratio | 0.18% | 0.03% | Lower is better — it compounds against you every year you hold. |
| Assets under management | $483.5B | $1.70T | Larger funds generally carry tighter spreads. |
| Holdings | 103 | 505 | More holdings means broader diversification, not better returns. |
| Average volume | 48,821,168 | 8,521,334 | Liquidity — matters most if you trade size. |
| Annualized volatility | 19.7% | 12.8% | Lower is a steadier ride for the same exposure. |
| Max drawdown | -12.2% | -9.2% | The worst peak-to-trough loss on record for the fund. |
| Sharpe ratio | 1.05 | 1.15 | Return per unit of risk. Higher is better. |
| Beta | 1.43 | 1.00 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
Where the exposure actually sits
QQQ and VOO share 81.12% of their weighted exposure across 85 common holdings.
QQQ is the more concentrated of the two: its ten largest positions are 75.63% of the fund, against 57.99% for VOO (102 holdings vs 505). Concentration cuts both ways — it is what drives outperformance when the top names work, and what makes the drawdown deeper when they do not.
17 holdings are unique to QQQ and 420 to VOO. Owning both adds little diversification — they are largely the same exposure in different wrappers.
Largest shared positions
| Holding | QQQ | VOO | Shared |
|---|---|---|---|
| AAPLApple Inc | 15.38% | 14.1% | 14.1% |
| MSFTMicrosoft Corp | 11.99% | 10.73% | 10.73% |
| AMZNAmazon.com Inc | 8.83% | 8.26% | 8.26% |
| NVDANVIDIA Corp | 8.47% | 7.55% | 7.55% |
| GOOGLAlphabet Inc | 3.14% | 3.24% | 3.14% |
| MUMicron Technology Inc | 9.36% | 2.88% | 2.88% |
| AVGOBroadcom Inc | 2.82% | 2.86% | 2.82% |
| GOOGAlphabet Inc | 2.92% | 2.62% | 2.62% |
Shared weight is the lower of the two positions — the portion of capital both funds genuinely have in the same security.
ETF comparison questions
Short answers to the fund-specific questions behind this comparison.
Which ETF is more diversified, QQQ or VOO?
VOO currently has more reported holdings, with 505 positions versus 102.
Which has the lower expense ratio?
VOO has the lower reported expense ratio in the current fund profile.
Which ETF has the higher distribution yield?
The current dataset does not show a higher-yield winner.
Which ETF has been more volatile?
QQQ has the higher annualized volatility in the current risk snapshot.
Which ETF has had the smaller drawdown?
VOO has the less severe max drawdown in the current risk snapshot.
Which ETF has the stronger current AlgovestIQ evidence?
VOO currently leads on supporting AlgovestIQ evidence, 59 to 53.
AIQ Agreement Matrix
3 of 4 covered evidence groups favor VOO. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | VOO | 53 vs 59 |
| Fundamentals | Not covered | Not covered |
| Valuation | VOO | Value 31 vs 37 |
| Technicals | Even | Price vs 50-day 1% vs 2.4%; vs 200-day 8% vs 7.6% |
| Risk Resilience | VOO | Risk Resilience 75 vs 89 |
| Analyst expectations | Not covered | Not covered |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of QQQ and VOO and are excluded from the count.
AIQ Decision Stability
The two are close enough that your objective, not the score, should decide.
- The AIQ gap is moderate at 6 points.
- The lead has been steady session to session. (supports the conclusion holding)
- The leader is throwing conflicting signals. (argues the conclusion is provisional)
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on VOO.
How the comparison changed
120 daily snapshots · Apr 21 – Sep 2VOO lead: Stable — the AIQ differential has held near 6 points over 30 sessions.
- Today
- VOO +6
- 53 vs 59
- 7 sessions ago
- VOO +2
- 59 vs 61
- 30 sessions ago
- VOO +5
- 63 vs 68
- 90 sessions ago
- VOO +5
- 56 vs 61
The lead has not changed hands in this window.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
2 bullish / 1 bearish / 1 neutral, conflicted
- Golden Cross Active — bullish, trend, long horizon (8.27%)
- EMA Ribbon Expansion Bullish — bullish, trend, medium horizon
- ATR Contraction - Coiling — neutral, volatility, short horizon (1.38%)
4 bullish / 1 bearish / 1 neutral, conflicted
- Golden Cross Active — bullish, trend, long horizon (6.19%)
- EMA Ribbon Expansion Bullish — bullish, trend, medium horizon
- 52-Week High Proximity — bullish, risk, long horizon (1.7%)
VOO leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Price is up while the AIQ Score moved down 1 points over the same session — price and model disagree (price +1.19%, AIQ -1 points).
Price is up while the AIQ Score moved down 1 points over the same session — price and model disagree (price +1.04%, AIQ -1 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1QQQ closes the Momentum gap — currently 16 points behind, the largest single contributor to VOO's edge.
- 2QQQ's ATR Contraction - Coiling turns directional — it is neutral today and would confirm a change in trend.
- 3VOO's conflicting signal state resolves bearish — it currently carries 4 bullish and 1 bearish rules at once.
- 4A regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Technicals
Split| Metric | QQQ | VOO |
|---|---|---|
| RSI (14) | 31.4 | 35.6 |
| ADX (14) | 11.9 | 13.2 |
| Price vs 50-day | 1% | 2.4% |
| Price vs 200-day | 8% | 7.6% |
| Volatility (1M, annualized) | 12.9% | 7.3% |
Risk
VOO is the more resilient| Metric | QQQ | VOO |
|---|---|---|
| Beta | 1.43 | 1 |
| Sharpe ratio | 1.05 | 1.15 |
| Sortino ratio | 1.57 | 1.63 |
| Max drawdown | -12.2% | -9.2% |
| Current drawdown | -5% | -1.6% |
| Annualized volatility | 19.7% | 12.8% |
| Value at risk (95%) | -1.9% | -1.4% |
Straight answers
Each answer is regenerated from the current snapshot, not written once and left to age.
Which is better, QQQ or VOO?
On the Algovestiq AIQ Score, VOO is the stronger of the two as of Sep 3, 2026, scoring 59 against QQQ's 53. The edge comes from momentum and risk resilience. QQQ is not without a case — it holds the better quality profile, which matters more if that is the objective you are optimizing for. This is a systematic score, not a recommendation: it ranks the two on the same evidence, it does not know your holding period or tax position.
Is QQQ or VOO the better buy right now?
VOO carries the stronger systematic profile as of Sep 3, 2026, and the comparison is rated Competitive — 3 of 4 covered evidence groups agree. A Competitive rating means the two are close enough that your objective, not the score, should decide.
Why does the AIQ Score favor VOO over QQQ?
The composite weights Quality at 30%, Value at 30%, Momentum at 25% and Risk Resilience at 15%. VOO leads Momentum by 16 points; VOO leads Risk Resilience by 14 points; VOO leads Value by 6 points. Where the two split, the factor with the larger weight carries the result.
Which is better value, QQQ or VOO?
VOO is the better-valued of the two on the peer-relative Value factor. VOO on the peer-relative Value factor, by 6 points. The Value factor reads valuation relative to sector peers and to the company's own fundamental quality, so it is not the same as simply having the lower multiple.
Which has stronger growth, QQQ or VOO?
Growth figures are not covered for both names. Growth here is measured on reported revenue and earnings, not on forward estimates — it describes what the businesses have delivered, not what the Street expects next.
Which has stronger momentum, QQQ or VOO?
VOO on the Momentum factor, by 16 points. Momentum carries 25% of the AIQ composite. It has documented persistence over three- to twelve-month horizons, which makes it a timing input rather than a reason to hold something indefinitely.
Which is riskier, QQQ or VOO?
VOO is the more resilient of the two, so the other name carries the higher downside risk. VOO on Risk Resilience, by 14 points. The Risk Resilience factor weights 15% of the composite; position sizing usually responds to it more usefully than the buy/avoid decision does.
Is QQQ more profitable than VOO?
Margin data is not comparable for both names in the current snapshot.
Is VOO's lead over QQQ getting stronger or weaker?
VOO lead: Stable — the AIQ differential has held near 6 points over 30 sessions. This is measured from 120 daily comparison snapshots between 2026-04-21 and 2026-09-02. The lead has not changed hands in that window.
What would change the QQQ vs VOO verdict?
The result is a state, not a forecast, so it changes when the underlying evidence changes. Concretely: QQQ closes the Momentum gap — currently 16 points behind, the largest single contributor to VOO's edge; QQQ's ATR Contraction - Coiling turns directional — it is neutral today and would confirm a change in trend; VOO's conflicting signal state resolves bearish — it currently carries 4 bullish and 1 bearish rules at once; a regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.
What do the current signals say about QQQ and VOO?
QQQ: 2 bullish / 1 bearish / 1 neutral, conflicted. VOO: 4 bullish / 1 bearish / 1 neutral, conflicted. A conflicted state means bullish and bearish rules are active on the same name at once — the technical evidence is not pointing one way, and a decision taken on it carries more timing risk. The most decision-relevant rule on QQQ is Golden Cross Active (bullish, long horizon). On VOO it is Golden Cross Active (bullish, long horizon).
Compare QQQ and VOO with others
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality (30%), Value (30%), Momentum (25%) and Risk (15%). Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.