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ETF comparison

ACWV vs QQQ

Low Volatility Factor vs US Large Cap Growth.

iShares MSCI Global Min Vol Factor ETF · Invesco QQQ Trust

Holdings overlap

Weighted by ISIN/CUSIP
11.7 %

32 positions appear in both funds. Buying equal dollars of ACWV and QQQ would leave roughly 11.7% of each dollar exposed to the same underlying securities.

ACWV unmatched 87.5% Shared 11.7% QQQ unmatched 88.2%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In ACWV only
353 positions
Shared
32 positions
In QQQ only
70 positions

Side by side

ACWV

iShares MSCI Global Min Vol Factor ETF

iShares · Low Volatility Factor

83 composite / 100
Expense ratio
0.20%
Net assets
$3.28B
TTM yield
1.83%
Top-10 conc.
12.5%
QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$498.95B
TTM yield
0.44%
Top-10 conc.
45.0%

Sub-score comparison

80
Cost
82
84
Tax efficiency
90
79
Liquidity
100
96
Concentration
50
—
Tracking quality
—
ACWV sub-score QQQ

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

QQQ is 2 bps cheaper than ACWV. On a $100,000 position that's about $20/yr more in fees for ACWV.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with ACWV vs QQQ.

Top shared holdings

32 shared in total
# Holding In ACWV In QQQ Overlap
1 CISCO SYSTEMS, INC. 2.13% 2.01% 2.01%
2 MICROSOFT CORPORATION 1.13% 4.35% 1.13%
3 Pepsico, Inc. 0.89% 0.80% 0.80%
4 T-MOBILE US, INC. 0.78% 0.79% 0.78%
5 WALMART INC. 0.61% 2.39% 0.61%
6 GILEAD SCIENCES, INC. 0.54% 0.68% 0.54%
7 VERTEX PHARMACEUTICALS INCORPORATED 0.49% 0.55% 0.49%
8 COSTCO WHOLESALE CORPORATION 0.44% 1.80% 0.44%
9 NVIDIA CORPORATION 0.41% 7.60% 0.41%
10 MONSTER BEVERAGE CORPORATION 0.62% 0.41% 0.41%
11 PALO ALTO NETWORKS, INC. 0.35% 1.21% 0.35%
12 O'Reilly Automotive, Inc. 0.62% 0.33% 0.33%

Only in ACWV

353 total
  • JOHNSON & JOHNSON 1.41%
  • Taiwan Semiconductor Manufacturing Company Limited 1.22%
  • DUKE ENERGY CORPORATION 1.22%
  • MOTOROLA SOLUTIONS, INC. 1.16%
  • United Microelectronics Corporation 1.08%
  • THE SOUTHERN COMPANY 1.08%
  • CENCORA, INC. 1.06%
  • BERKSHIRE HATHAWAY INC. 1.03%
  • KDDI CORPORATION 1.01%
  • WASTE MANAGEMENT, INC. 0.97%

Only in QQQ

70 total
  • Micron Technology, Inc. 5.64%
  • Advanced Micro Devices, Inc. 4.10%
  • Amazon.com, Inc. 4.02%
  • Tesla, Inc. 3.30%
  • Alphabet Inc. 3.27%
  • Intel Corp. 3.04%
  • Broadcom Inc. 2.81%
  • Meta Platforms, Inc. 2.62%
  • Applied Materials, Inc. 2.49%
  • Lam Research Corp. 2.35%

Percentages are holdings overlap with the named fund.

Open ACWV or QQQ at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.