IVE vs. QQQ

Last updated Jun 23, 2026

IVE (iShares S&P 500 Value ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - IVE is a Large Cap Value Equities fund tracking the S&P 500 Value Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, IVE returned 12.06%/yr vs 22.48%/yr for QQQ. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.

Performance

IVE vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 Value ETF (IVE) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVE achieves a 7.78% return, which is significantly lower than QQQ's 20.41% return. Over the past 10 years, IVE has underperformed QQQ with an annualized return of 12.06%, while QQQ has yielded a comparatively higher 22.48% annualized return.

IVE

• 1D: 0.20%
• 1M: -0.13%
• YTD: 7.78%
• 6M: 7.22%
• 1Y: 21.20%
• 3Y*: 15.15%
• 5Y*: 11.29%
• 10Y*: 12.06%

QQQ

• 1D: -0.25%
• 1M: 2.96%
• YTD: 20.41%
• 6M: 19.46%
• 1Y: 40.91%
• 3Y*: 27.47%
• 5Y*: 16.94%
• 10Y*: 22.48%

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

IVE vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IVE iShares S&P 500 Value ETF	7.78%	13.02%	12.03%	22.07%	-5.41%	24.72%	1.22%	31.62%	-9.22%	15.24%
QQQ Invesco QQQ ETF	20.41%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between IVE and QQQ is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since May 26, 2000	0.73

The correlation between IVE and QQQ shifts across timeframes, from 0.59 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.

IVE vs. QQQ - Sectors Allocation Comparison

Sectors	IVE	QQQ
Technology	22.4%	58.7%
Financial Services	14.6%	0.2%
Healthcare	11.5%	3.7%
Consumer Cyclical	11.1%	11.4%
Industrials	10.4%	2.6%
Consumer Defensive	8.9%	6.4%
Energy	7.0%	0.5%
Utilities	4.3%	1.2%
Real Estate	3.4%	0.1%
Basic Materials	3.3%	1.0%
Communication Services	3.2%	14.3%

Return for Risk

IVE vs. QQQ — Risk / Return Rank

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

IVE

IVE Risk / Return Rank: 69
IVE Sharpe Ratio Rank: 68
IVE Sortino Ratio Rank: 68
IVE Omega Ratio Rank: 67
IVE Calmar Ratio Rank: 71
IVE Martin Ratio Rank: 72

QQQ

QQQ Risk / Return Rank: 72
QQQ Sharpe Ratio Rank: 76
QQQ Sortino Ratio Rank: 70
QQQ Omega Ratio Rank: 72
QQQ Calmar Ratio Rank: 70
QQQ Martin Ratio Rank: 71

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.

IVE vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Value ETF (IVE) and Invesco QQQ ETF (QQQ). 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.

	IVE	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	2.15	2.33	-0.19
Sortino ratio: Return per unit of downside risk	2.98	3.03	-0.05
Omega ratio: Gain probability vs. loss probability	1.38	1.41	-0.02
Calmar ratio: Return relative to maximum drawdown	3.44	3.44	0.00
Martin ratio: Return relative to average drawdown	13.05	12.79	+0.26

IVE vs. QQQ - Sharpe Ratio Comparison

The current IVE Sharpe Ratio is 2.15, which is comparable to the QQQ Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of IVE and QQQ, 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

IVE vs. QQQ - Drawdown Comparison

The maximum IVE drawdown since its inception was -61.32%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for IVE and QQQ.

Drawdown Indicators

	IVE	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-61.32%	-82.97%	+21.65%
Max Drawdown (1Y) Largest decline over 1 year	-6.19%	-11.96%	+5.77%
Max Drawdown (3Y) Largest decline over 3 years	-17.58%	-22.77%	+5.19%
Max Drawdown (5Y) Largest decline over 5 years	-18.04%	-35.12%	+17.08%
Max Drawdown (10Y) Largest decline over 10 years	-37.04%	-35.12%	-1.92%
Current Drawdown Current decline from peak	-0.94%	-0.99%	+0.05%
Average Drawdown Average peak-to-trough decline	-10.08%	-32.73%	+22.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	3.21%	-1.58%

Volatility

IVE vs. QQQ - Volatility Comparison

The current volatility for iShares S&P 500 Value ETF (IVE) is 2.94%, while Invesco QQQ ETF (QQQ) has a volatility of 8.47%. This indicates that IVE experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVE	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.94%	8.47%	-5.53%
Volatility (6M) Calculated over the trailing 6-month period	7.33%	14.20%	-6.87%
Volatility (1Y) Calculated over the trailing 1-year period	9.95%	17.67%	-7.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.39%	22.64%	-8.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.97%	22.43%	-5.46%

IVE vs. QQQ - Expense Ratio Comparison

Both IVE and QQQ have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

IVE vs. QQQ - Dividend Comparison

IVE's dividend yield for the trailing twelve months is around 1.56%, more than QQQ's 0.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVE iShares S&P 500 Value ETF	1.56%	1.61%	2.04%	1.65%	2.10%	1.81%	2.37%	2.11%	2.74%	2.12%	2.26%	2.44%
QQQ Invesco QQQ ETF	0.49%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both IVE and QQQ in my portfolio?

IVE and QQQ have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVE or QQQ?

QQQ has higher volatility (8.47%) compared to IVE (2.94%). In terms of maximum drawdown, IVE dropped -61.32% vs QQQ's -82.97%.

Which ETF is better, IVE or QQQ?

On 10-year performance, QQQ leads with 22.48% vs 12.06% for IVE. Both ETFs have the same 0.18% expense ratio. On volatility, IVE has been the lower-risk option at 2.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVE or QQQ?

Over the 10-year period, QQQ has performed better with a 22.48% return vs 12.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVE or QQQ?

IVE and QQQ have the same expense ratio: 0.18% per year.

Which ETF pays a higher dividend yield, IVE or QQQ?

IVE has the higher dividend yield at 1.56%, compared with 0.49% for QQQ.

What is the main difference between IVE and QQQ?

IVE is categorized as Large Cap Value Equities, while QQQ is Nasdaq-100. IVE tracks S&P 500 Value Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: iShares and Invesco.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.33 vs 2.15), 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.