ILCG vs QQQ

Quick Verdict

ILCG has a lower expense ratio. QQQ delivered stronger 1-year returns. ILCG offers more diversification with 326 holdings.

Lower Fees: ILCGHigher Returns: QQQMore Diversified: ILCG

Side-by-Side Comparison

MetricILCGQQQWinner
Expense Ratio0.04%0.18%
AUM$3.1B$455.8B
Dividend Yield0.41%0.41%
Holdings331108
YTD Return+7.44%+12.48%
1Y Return+11.83%+22.35%
3Y Return (annualized)+21.21%+22.30%
5Y Return (annualized)+11.50%+14.24%
Volatility (annualized)16.9%30.6%
Max Drawdown-53.2%-83.0%
Fund FamilyiShares by BlackRock (US)Invesco (US)
CategoryEquityEquity
InceptionJun 28, 2004Mar 10, 1999

ILCG vs QQQ Performance

iShares Morningstar Growth ETF (ILCG) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ILCG returned +11.83% while QQQ returned +22.35%. Year to date, ILCG is up 7.44% versus a gain of 12.48% for QQQ.

Over three years, ILCG compounded at +21.21% per year against +22.30% for QQQ; over five years the annualized figures are +11.50% and +14.24% respectively. Across the full 22-year window we track, QQQ has the edge at +12.91% annualized vs +10.82%. 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 16.9% for ILCG. 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 -53.2% for ILCG 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

ILCG charges 0.04% per year while QQQ charges 0.18%. On a $10,000 position that is $4 vs $18 annually, a gap of $14 per year that compounds over a long holding period. On income, ILCG currently yields 0.41% against 0.41% for QQQ.

Holdings Overlap

58.2%overlap

ILCG and QQQ share 66 holdings out of 363 unique holdings combined, representing a 58.2% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in ILCGWeight in QQQDifference
NVDA14.11%7.88%6.23%
AAPL7.06%7.46%0.40%
AMZN4.06%4.26%0.20%
AVGOProProPro
GOOGLProProPro
MSFTProProPro
AMDProProPro
MUProProPro
GOOGProProPro
TSLAProProPro
See all 10 holdings ILCG 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, ILCG or QQQ?

ILCG has an expense ratio of 0.04% while QQQ charges 0.18%. ILCG is the cheaper option. On a $10,000 investment, that is $14 per year of difference.

Which performed better, ILCG or QQQ?

Over the past year ILCG returned +11.83% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (22 years), ILCG annualized +10.82% vs +12.91% for QQQ. Past performance does not guarantee future results.

Which is riskier, ILCG or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 16.9% for ILCG. Worst drawdown: ILCG -53.2% vs QQQ -83.0%.

Should I hold both ILCG and QQQ?

ILCG 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 ILCG and QQQ?

ILCG and QQQ share 66 common holdings with a 58.2% weight overlap. Combined, they hold 363 unique securities.

Which pays a higher dividend, ILCG or QQQ?

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

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