AVUQ vs. QQQM

Last updated Jul 14, 2026

AVUQ (Avantis U.S. Quality ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - AVUQ is a Large Cap Growth Equities fund actively managed by Avantis, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. AVUQ is actively managed, while QQQM is passively managed. Over the past year, AVUQ returned 21.31% vs 29.11% for QQQM. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.15% expense ratio.

Performance

AVUQ vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Quality ETF (AVUQ) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVUQ achieves a 9.92% return, which is significantly lower than QQQM's 16.16% return.

AVUQ

• 1D: -1.07%
• 1M: 1.58%
• 6M: 7.51%
• YTD: 9.92%
• 1Y: 21.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQM

• 1D: -1.89%
• 1M: -1.22%
• 6M: 13.77%
• YTD: 16.16%
• 1Y: 29.11%
• 3Y*: 24.16%
• 5Y*: 15.18%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVUQ vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025
AVUQ Avantis U.S. Quality ETF	9.92%	21.84%
QQQM Invesco NASDAQ 100 ETF	16.16%	27.33%

Correlation

The correlation between AVUQ and QQQM is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	0.94

The correlation between AVUQ and QQQM has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

AVUQ vs. QQQM - Sectors Allocation Comparison

Sectors	AVUQ	QQQM
Technology	48.7%	58.7%
Consumer Cyclical	14.2%	11.4%
Communication Services	11.8%	14.3%
Industrials	7.6%	2.6%
Financial Services	5.4%	0.2%
Healthcare	5.4%	3.7%
Consumer Defensive	2.9%	6.4%
Energy	2.2%	0.5%
Basic Materials	1.2%	1.0%
Utilities	0.7%	1.2%
Real Estate	0.1%	0.1%

Return for Risk

AVUQ vs. QQQM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVUQ

AVUQ Risk / Return Rank: 47
AVUQ Sharpe Ratio Rank: 47
AVUQ Sortino Ratio Rank: 45
AVUQ Omega Ratio Rank: 44
AVUQ Calmar Ratio Rank: 45
AVUQ Martin Ratio Rank: 51

QQQM

QQQM Risk / Return Rank: 59
QQQM Sharpe Ratio Rank: 59
QQQM Sortino Ratio Rank: 56
QQQM Omega Ratio Rank: 57
QQQM Calmar Ratio Rank: 61
QQQM Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVUQ vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Quality ETF (AVUQ) and Invesco NASDAQ 100 ETF (QQQM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVUQ	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	1.32	1.59	-0.27
Sortino ratio: Return per unit of downside risk	1.86	2.14	-0.28
Omega ratio: Gain probability vs. loss probability	1.23	1.28	-0.05
Calmar ratio: Return relative to maximum drawdown	1.84	2.44	-0.60
Martin ratio: Return relative to average drawdown	6.87	8.75	-1.88

AVUQ vs. QQQM - Sharpe Ratio Comparison

The current AVUQ Sharpe Ratio is 1.32, which is comparable to the QQQM Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of AVUQ and QQQM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVUQ vs. QQQM - Drawdown Comparison

The maximum AVUQ drawdown since its inception was -12.35%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for AVUQ and QQQM.

Drawdown Indicators

	AVUQ	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-12.35%	-35.04%	+22.69%
Max Drawdown (1Y) Largest decline over 1 year	-11.61%	-11.96%	+0.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.04%	—
Current Drawdown Current decline from peak	-2.13%	-4.50%	+2.37%
Average Drawdown Average peak-to-trough decline	-2.20%	-8.16%	+5.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	3.34%	-0.23%

Volatility

AVUQ vs. QQQM - Volatility Comparison

The current volatility for Avantis U.S. Quality ETF (AVUQ) is 5.33%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 8.48%. This indicates that AVUQ experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUQ	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.33%	8.48%	-3.15%
Volatility (6M) Calculated over the trailing 6-month period	12.78%	15.23%	-2.45%
Volatility (1Y) Calculated over the trailing 1-year period	16.23%	18.46%	-2.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.45%	22.64%	-3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.45%	22.31%	-2.86%

AVUQ vs. QQQM - Expense Ratio Comparison

Both AVUQ and QQQM have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

AVUQ vs. QQQM - Dividend Comparison

AVUQ's dividend yield for the trailing twelve months is around 0.30%, less than QQQM's 0.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
AVUQ Avantis U.S. Quality ETF	0.30%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.45%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Frequently Asked Questions

Can I hold both AVUQ and QQQM in my portfolio?

With a correlation of 0.94, AVUQ and QQQM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AVUQ or QQQM?

QQQM has higher volatility (8.48%) compared to AVUQ (5.33%). In terms of maximum drawdown, AVUQ dropped -12.35% vs QQQM's -35.04%.

Which ETF is better, AVUQ or QQQM?

On 1-year performance, QQQM leads with 29.11% vs 21.31% for AVUQ. Both ETFs have the same 0.15% expense ratio. On volatility, AVUQ has been the lower-risk option at 5.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVUQ or QQQM?

Over the 1-year period, QQQM has performed better with a 29.11% return vs 21.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVUQ or QQQM?

AVUQ and QQQM have the same expense ratio: 0.15% per year.

Which ETF pays a higher dividend yield, AVUQ or QQQM?

QQQM has the higher dividend yield at 0.45%, compared with 0.30% for AVUQ.

What is the main difference between AVUQ and QQQM?

AVUQ is categorized as Large Cap Growth Equities, while QQQM is Nasdaq-100. They also come from different issuers: Avantis and Invesco.

Which has better risk-adjusted returns?

QQQM currently has the higher Sharpe Ratio (1.59 vs 1.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.