QQLV vs. AVIE

Last updated Jun 4, 2026

QQLV (Invesco QQQ Low Volatility ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. QQLV is passively managed, while AVIE is actively managed. Over the past year, QQLV returned -1.95% vs 23.46% for AVIE. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.

Performance

QQLV vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ Low Volatility ETF (QQLV) and Avantis Inflation Focused Equity ETF (AVIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQLV achieves a 1.94% return, which is significantly lower than AVIE's 12.80% return.

QQLV

• 1D: -0.03%
• 1M: -0.15%
• YTD: 1.94%
• 6M: 1.06%
• 1Y: -1.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVIE

• 1D: 0.43%
• 1M: 0.22%
• YTD: 12.80%
• 6M: 12.98%
• 1Y: 23.46%
• 3Y*: 13.07%
• 5Y*: —
• 10Y*: —

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

QQLV vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQLV Invesco QQQ Low Volatility ETF	1.94%	4.19%	-5.60%
AVIE Avantis Inflation Focused Equity ETF	12.80%	11.37%	-6.27%

Correlation

The correlation between QQLV and AVIE is 0.56, 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	0.56
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024	0.65

The correlation between QQLV and AVIE has been stable across timeframes, ranging from 0.56 to 0.65 - a consistent structural relationship.

Return for Risk

QQLV vs. AVIE — Risk / Return Rank

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

QQLV

QQLV Risk / Return Rank: 6
QQLV Sharpe Ratio Rank: 7
QQLV Sortino Ratio Rank: 6
QQLV Omega Ratio Rank: 6
QQLV Calmar Ratio Rank: 6
QQLV Martin Ratio Rank: 6

AVIE

AVIE Risk / Return Rank: 76
AVIE Sharpe Ratio Rank: 73
AVIE Sortino Ratio Rank: 76
AVIE Omega Ratio Rank: 70
AVIE Calmar Ratio Rank: 86
AVIE Martin Ratio Rank: 76

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.

QQLV vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Low Volatility ETF (QQLV) and Avantis Inflation Focused Equity ETF (AVIE). 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.

	QQLV	AVIE	Difference
Sharpe ratio Return per unit of total volatility	-0.19	2.39	-2.58
Sortino ratio Return per unit of downside risk	-0.20	3.44	-3.64
Omega ratio Gain probability vs. loss probability	0.98	1.42	-0.44
Calmar ratio Return relative to maximum drawdown	-0.27	4.74	-5.01
Martin ratio Return relative to average drawdown	-0.52	14.57	-15.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQLV vs. AVIE - Sharpe Ratio Comparison

The current QQLV Sharpe Ratio is -0.19, which is lower than the AVIE Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of QQLV and AVIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QQLV	AVIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.19	2.39	-2.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	1.05	-1.04

Drawdowns

QQLV vs. AVIE - Drawdown Comparison

The maximum QQLV drawdown since its inception was -9.54%, smaller than the maximum AVIE drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for QQLV and AVIE.

Drawdown Indicators

	QQLV	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-9.54%	-12.39%	+2.85%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	-4.97%	-2.38%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.39%	—
Current Drawdown Current decline from peak	-3.61%	-1.36%	-2.25%
Average Drawdown Average peak-to-trough decline	-3.19%	-3.03%	-0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.73%	1.62%	+2.11%

Volatility

QQLV vs. AVIE - Volatility Comparison

The current volatility for Invesco QQQ Low Volatility ETF (QQLV) is 2.66%, while Avantis Inflation Focused Equity ETF (AVIE) has a volatility of 3.06%. This indicates that QQLV experiences smaller price fluctuations and is considered to be less risky than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQLV	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	3.06%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	7.05%	7.19%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	9.88%	+0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.70%	12.94%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.70%	12.94%	-0.24%

QQLV vs. AVIE - Expense Ratio Comparison

Both QQLV and AVIE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

QQLV vs. AVIE - Dividend Comparison

QQLV's dividend yield for the trailing twelve months is around 2.06%, more than AVIE's 1.45% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.45%	1.75%	1.89%	3.72%	0.39%
QQLV Invesco QQQ Low Volatility ETF	2.06%	1.84%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQLV and AVIE in my portfolio?

QQLV and AVIE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQLV or AVIE?

AVIE has higher volatility (3.06%) compared to QQLV (2.66%). In terms of maximum drawdown, QQLV dropped -9.54% vs AVIE's -12.39%.

Which ETF is better, QQLV or AVIE?

On 1-year performance, AVIE leads with 23.46% vs -1.95% for QQLV. Both ETFs have the same 0.25% expense ratio. On volatility, QQLV has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQLV or AVIE?

Over the 1-year period, AVIE has performed better with a 23.46% return vs -1.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQLV or AVIE?

QQLV and AVIE have the same expense ratio: 0.25% per year.

Which ETF pays a higher dividend yield, QQLV or AVIE?

QQLV has the higher dividend yield at 2.06%, compared with 1.45% for AVIE.

What is the main difference between QQLV and AVIE?

They also come from different issuers: Invesco and Avantis.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.39 vs -0.19), 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.