BGRO vs QQQ

Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricBGROQQQWinner
Expense Ratio0.55%0.18%
AUM$9M$455.8B
Dividend Yield0.03%0.41%
Holdings36108
YTD Return+14.15%+18.20%
1Y Return+17.55%+27.63%
3Y Return (annualized)-+25.54%
5Y Return (annualized)-+15.12%
Volatility (annualized)19.1%30.6%
Max Drawdown-24.9%-83.0%
Fund FamilyBlackRock, Inc. (US)Invesco (US)
CategoryEquityEquity
InceptionJun 4, 2024Mar 10, 1999

BGRO vs QQQ Performance

iShares Large Cap Growth Active ETF (BGRO) is a ETF from BlackRock, Inc. (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BGRO returned +17.55% while QQQ returned +27.63%. Year to date, BGRO is up 14.15% versus a gain of 18.20% for QQQ.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 19.1% for BGRO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -24.9% for BGRO and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

BGRO charges 0.55% per year while QQQ charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, BGRO currently yields 0.03% against 0.41% for QQQ.

Holdings Overlap

41.5%overlap

BGRO and QQQ share 16 holdings out of 120 unique holdings combined, representing a 41.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in BGROWeight in QQQDifference
NVDA13.16%7.88%5.28%
AAPL6.89%7.46%0.57%
AMZN7.64%4.26%3.38%
MSFTProProPro
GOOGLProProPro
AVGOProProPro
METAProProPro
PANWProProPro
AMATProProPro
DDOGProProPro
See all 10 holdings BGRO shares with QQQ
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, BGRO or QQQ?

BGRO has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $37 per year of difference.

Which performed better, BGRO or QQQ?

Over the past year BGRO returned +17.55% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), BGRO annualized +17.73% vs +13.11% for QQQ. Past performance does not guarantee future results.

Which is riskier, BGRO or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 19.1% for BGRO. Worst drawdown: BGRO -24.9% vs QQQ -83.0%.

Should I hold both BGRO and QQQ?

BGRO and QQQ have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between BGRO and QQQ?

BGRO and QQQ share 16 common holdings with a 41.5% weight overlap. Combined, they hold 120 unique securities.

Which pays a higher dividend, BGRO or QQQ?

BGRO yields 0.03% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.

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