What is the expense ratio of QQQ vs VOOG?

QQQ has an expense ratio of 0.18%, while VOOG has an expense ratio of 0.07%.

QQQ vs VOOG

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

Last updated: 2026-04-10

Invesco QQQ Trust (QQQ) is an exchange-traded fund 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 S&P 500 Growth Index Fund ETF Shares (VOOG) is an exchange-traded fund 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. QQQ has edged ahead over the past year (36.8% vs 35.4%).

Key Metrics

Metric	QQQ	VOOG
Expense Ratio	0.18%	0.07%
Dividend Yield	0.5%	0.5%
Fund Family	N/A	N/A
Category	US Large Cap Growth	US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

QQQ +81.2%

VOOG +74.4%

Performance Comparison

Period	QQQ	VOOG	Difference
1 Month	+0.41%	+0.06%	+0.35%
3 Months	-2.71%	-4.05%	+1.34%
6 Months	+1.36%	-0.59%	+1.95%
YTD	-0.48%	-2.66%	+2.18%
1 Year	+36.76%	+35.39%	+1.37%
3 Years	+93.20%	+87.64%	+5.56%
5 Years	+81.24%	+74.41%	+6.83%

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	0.44	0.42

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

Name	Weight
NVIDIA CorporationNVDA	8.67%
Apple Inc.AAPL	7.63%
Microsoft CorporationMSFT	5.56%
Amazon.com, Inc.AMZN	4.59%
Tesla, Inc.TSLA	3.54%
Walmart Inc.WMT	3.44%
Meta Platforms, Inc.META	3.39%
Alphabet Inc.GOOG	3.25%
Broadcom Inc.AVGO	2.99%

VOOG Top Holdings

Name	Weight
NVIDIA CorporationNVDA	14.15%
Microsoft CorporationMSFT	9.59%
Apple Inc.AAPL	6.41%
Broadcom Inc.AVGO	4.96%
Alphabet Inc.GOOG	4.76%
Meta Platforms, Inc.META	4.64%
Amazon.com, Inc.AMZN	3.56%
Berkshire Hathaway Inc.BRK.B	3.04%
Eli Lilly and CompanyLLY	2.74%

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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