QQQ vs VOO: which ETF is right for you?

Invesco QQQ Trust (QQQ) and Vanguard S&P 500 ETF (VOO) compared on cost, size, returns, holdings and sector mix.

Expense ratio gap: 0.15% between QQQ and VOO

Invesco QQQ Trust has an expense ratio of 0.18%, while Vanguard S&P 500 ETF has a lower expense ratio of 0.03%. This means VOO costs significantly less to own each year compared to QQQ.

  • QQQ has an expense ratio of 0.18%; VOO has 0.03%.
  • QQQ's assets are $463.83 billion; VOO's assets are $1,743.63 billion.
  • QQQ's yield is 0.45%; VOO's yield is 1.07%.
  • QQQ's top sector is Technology at 58%; VOO's is Technology at 40.5%.
QQQ

may suit investors focused on high-growth technology stocks.

VOO

may suit investors looking for broad market exposure with lower costs.

Summary written from the figures below by an AI model. Past returns do not predict future results; this is educational, not advice.

Side-by-side

QQQ
Invesco QQQ Trust
VOO
Vanguard S&P 500 ETF
Expense ratio0.180%0.030%●
Fund size (assets)$463.8B$1.74T●
Dividend yield0.45%1.07%●
Return YTD12.80%●11.73%
Return 1 year10.25%12.07%●
3 years (annualised)26.01%●23.37%
5 years (annualised)13.00%●12.02%
10 years (annualised)20.26%●15.40%
Volatility (5y std dev)20.9%15.4%●
Beta vs market (5y)1.20●0.98
IssuerInvescoVanguard
Launched1999-03-102010-09-07

● marks the best value in a row (lowest cost or volatility, highest return, yield or size). Returns as of 2026-11-05; past performance does not predict future results.

What the fees cost you

A simple illustration: the same $0M growing at an assumed 7% a year before fees. Only the expense ratios differ. This is not a forecast.

QQQfee 0.180%
$37,415
$1,065 less than VOO
VOOfee 0.030%
$38,480
highest ending value

Top holdings and overlap

QQQ
  • AAPLApple Inc8.2%
  • NVDANVIDIA Corp8.0%
  • MSFTMicrosoft Corp6.3%
  • MUMicron Technology Inc4.5%
  • AMZNAmazon.com Inc4.2%
  • AMDAdvanced Micro Devices Inc3.7%
  • TSLATesla Inc3.4%
  • METAMeta Platforms Inc Class A3.0%
  • WMTWalmart Inc2.7%
  • GOOGLAlphabet Inc Class A2.7%
VOO
  • NVDANVIDIA Corp8.4%
  • AAPLApple Inc7.4%
  • MSFTMicrosoft Corp5.8%
  • AMZNAmazon.com Inc3.7%
  • GOOGLAlphabet Inc Class A3.1%
  • AVGOBroadcom Inc2.5%
  • GOOGAlphabet Inc Class C2.5%
  • METAMeta Platforms Inc Class A2.4%
  • MUMicron Technology Inc1.8%
  • TSLATesla Inc1.5%

QQQ and VOO share 8 of their top 10 holdings (AAPL, NVDA, MSFT, MU, AMZN, TSLA), about 33.3% of each fund in those names.

Overlap is measured on the top 10 holdings only.

Sector mix

QQQ
  • Technology58.0%
  • Communication Services11.1%
  • Consumer Cyclical11.0%
  • Consumer Defensive6.8%
  • Industrials5.3%
  • Healthcare4.8%
VOO
  • Technology40.5%
  • Financial Services11.1%
  • Communication Services10.0%
  • Healthcare9.3%
  • Consumer Cyclical8.8%
  • Industrials7.6%

Common questions

Which has lower fees, QQQ or VOO?

VOO has the lower expense ratio at 0.030% a year, against 0.180% for QQQ. On $10,000 that is about $15 a year in fees.

Which is bigger, QQQ or VOO?

VOO manages about $1.74 trillion in assets, compared with $463.8 billion for QQQ.

Do QQQ and VOO hold the same stocks?

They share 8 of their top 10 holdings (AAPL, NVDA, MSFT, MU, AMZN, TSLA, META, GOOGL), roughly 33.3% of each fund in those names, so owning both adds little diversification.

Compare any ETFs

Pick up to four funds and see fees, overlap and the cost of fees over time.

Open the compare tool

Fund data comes from public fund filings and market data and is refreshed daily; returns are total returns and past performance does not predict future results. This page is educational and is not investment advice. Check the fund's official documents before investing.