HFGO vs QQQ
HFGO vs QQQ
Hartford Large Cap Growth ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | HFGO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.18% | |
| AUM | $198M | $455.8B | |
| Dividend Yield | 0.00% | 0.41% | |
| Holdings | 48 | 108 | |
| YTD Return | +10.16% | +18.20% | |
| 1Y Return | +16.46% | +27.63% | |
| 3Y Return (annualized) | +24.94% | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 22.7% | 30.6% | |
| Max Drawdown | -44.6% | -83.0% | |
| Fund Family | Hartford Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Nov 9, 2021 | Mar 10, 1999 |
HFGO vs QQQ Performance
Hartford Large Cap Growth ETF (HFGO) is a ETF from Hartford Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year HFGO returned +16.46% while QQQ returned +27.63%. Year to date, HFGO is up 10.16% versus a gain of 18.20% for QQQ.
Over three years, HFGO compounded at +24.94% per year against +25.54% for QQQ. Across the full 5-year window we track, QQQ has the edge at +13.11% annualized vs +9.38%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 22.7% for HFGO. 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 -44.6% for HFGO 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HFGO charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, HFGO currently yields 0.00% against 0.41% for QQQ.
Holdings Overlap
HFGO and QQQ share 22 holdings out of 128 unique holdings combined, representing a 45.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HFGO | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 15.95% | 7.88% | 8.07% |
| AAPL | 6.34% | 7.46% | 1.12% |
| GOOGL | 9.12% | 3.29% | 5.83% |
| MSFT | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
See all 10 holdings HFGO shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, HFGO or QQQ?
HFGO has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, HFGO or QQQ?
Over the past year HFGO returned +16.46% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), HFGO annualized +9.38% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, HFGO or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 22.7% for HFGO. Worst drawdown: HFGO -44.6% vs QQQ -83.0%.
Should I hold both HFGO and QQQ?
HFGO and QQQ have a monthly-return correlation of 0.96, 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 HFGO and QQQ?
HFGO and QQQ share 22 common holdings with a 45.0% weight overlap. Combined, they hold 128 unique securities.
Which pays a higher dividend, HFGO or QQQ?
HFGO yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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