QQQ vs WPVLX Fund Comparison

A comparison between QQQ and WPVLX based on their expense ratio, growth, holdings and how well they match their benchmark performance.

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Minafi's Take on QQQ vs WPVLX

Here's an in depth look at the differences between Invesco QQQ Trust ($QQQ) and Weitz Partners Value Fund Investor Class ($WPVLX).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

91% FI Score
  • qqq
  • ETF
  • US Stocks
  • Large Growth

Invesco QQQ Trust

Expenses: 0.20% (Better than 1% of similar funds)

This is a great choice for a Large Growth US Stocks fund. See why »

33% FI Score
  • wpvlx
  • Mutual Fund
  • US Stocks
  • Large Growth

Weitz Partners Value Fund Investor Class

Expenses: 1.24% (Better than 0% of similar funds)

This is a bad choice for a Large Growth US Stocks fund. See why »

$QQQ is classified as an ETF while $WPVLX is classified as a Mutual Fund. Even though one of these is a mutual fund and the other is an ETF, that doesn't matter too much for their holdings. Both ETFs and mutual funds are just containers to hold lots of investments inside of them.

The biggest differences between these two is where they may be offered. ETFs are more widely availble from a larger number of investment apps and websites. Mutual funds, on the other hand, are generally offered by the platform they're issued by (Fidelity funds on Fidelity, Vanguard funds on Vanguard). Usually 401(k)'s will offer both ETFs and Mutual Funds. If you're investing outside of a 401(k), I'd recommend you verify the fees associated with ETF and mutual fund transactions. Some platforms charge an additional fee to purchase a mutual fund.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Both of these funds are US Stocks Large Growth funds – which means they're likely both investing in about the same investments behind the scenes.

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

Market Score 9.9 /10 4.1 /10
Category Score 8.0 /10 8.0 /10
Total 17.9 12.1

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $QQQ

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, QQQ has an expense ratio of 0.20% while WPVLX has an expense ratio of 1.24%.

Winner: $QQQ

Fund Size Comparison

One place these two funds differ is in their total assets under management. This is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

In the case of these two funds, QQQ is a large fund with 109 Billion in assets under management. WPVLX, on the other hand, is a small fund with 459 Million in assets under management.

Winner: $QQQ, Invesco QQQ Trust

Which Should You Choose? QQQ or WPVLX?

Since both of these funds are US Stocks Large Growth funds, you'll most likely only need to invest in one of these funds – not both. Running both of these funds through Minafi's FI Score algorithm, gives QQQ a score of 91 and WPVLX a score of 33.

In this case, one fund has a 90+ score – which the clear winner between these two.

Winner: $QQQ, Invesco QQQ Trust


Invesco QQQ Trust


Read More
Rating Type Rating
Diversification Score 0 /10
Expense Ratio Score 10 /10
Expense Rating 8 /10
Market Score 10 /10
Category Score 8 /10
Overview Details
Fund Type ETF
Inception Date Mar-10-1999
Exchange NASDAQ
Expense Ratio 0.200%
Net Assets 109 Billion
Yield 0.69%
Description Info
Market US Stocks
Category Large Growth
  • Basic Materials 0.00%
  • Communication Services 20.94%
  • Consumer Cyclicals 16.73%
  • Consumer Defensive 4.92%
  • Energy 0.00%
  • Financial Services 1.85%
  • Healthcare 7.61%
  • Industrials 2.80%
  • Real Estate 0.25%
  • Technology 44.17%
  • Utilities 0.73%
  • Africa/Middle East 0.16%
  • Asia Emerging 1.61%
  • Europe Developed 0.25%
  • Latin America 0.44%
  • North America 97.41%
  • United Kingdom 0.13%


Weitz Partners Value Fund Investor Class


Read More
Rating Type Rating
Expense Ratio Score 3 /10
Expense Rating 0 /10
Market Score 4 /10
Category Score 8 /10
Overview Details
Fund Type Mutual Fund
Inception Date Jun-1-1983
Exchange NMFQS
Expense Ratio 1.240%
Net Assets 459 Million
Yield 0.00%
Description Info
Market US Stocks
Category Large Growth
  • Basic Materials 10.55%
  • Communication Services 26.89%
  • Consumer Cyclical 5.15%
  • Consumer Defensive 0.00%
  • Energy 0.00%
  • Financial Services 24.84%
  • Healthcare 4.40%
  • Industrials 3.01%
  • Real Estate 4.44%
  • Technology 20.72%
  • Utilities 0.00%
  • Asia Emerging 2.80%
  • North America 94.13%
  • United Kingdom 3.08%

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