ILCV vs QQQ
ILCV vs QQQ
iShares Morningstar Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
ILCV has a lower expense ratio. ILCV delivered stronger 1-year returns. ILCV offers more diversification with 372 holdings.
Side-by-Side Comparison
| Metric | ILCV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.18% | |
| AUM | $1.3B | $455.8B | |
| Dividend Yield | 1.62% | 0.41% | |
| Holdings | 380 | 108 | |
| YTD Return | +14.57% | +18.20% | |
| 1Y Return | +29.95% | +27.63% | |
| 3Y Return (annualized) | +18.74% | +25.54% | |
| 5Y Return (annualized) | +12.80% | +15.12% | |
| Volatility (annualized) | 14.3% | 30.6% | |
| Max Drawdown | -60.9% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 28, 2004 | Mar 10, 1999 |
ILCV vs QQQ Performance
iShares Morningstar Value ETF (ILCV) 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 ILCV returned +29.95% while QQQ returned +27.63%. Year to date, ILCV is up 14.57% versus a gain of 18.20% for QQQ.
Over three years, ILCV compounded at +18.74% per year against +25.54% for QQQ; over five years the annualized figures are +12.80% and +15.12% respectively. Across the full 22-year window we track, QQQ has the edge at +13.11% annualized vs +6.50%. 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 14.3% for ILCV. 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 -60.9% for ILCV 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ILCV 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, ILCV currently yields 1.62% against 0.41% for QQQ.
Holdings Overlap
ILCV and QQQ share 54 holdings out of 421 unique holdings combined, representing a 37.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ILCV | Weight in QQQ | Difference |
|---|---|---|---|
| AAPL | 6.88% | 7.46% | 0.58% |
| MSFT | 6.50% | 4.65% | 1.85% |
| AMZN | 3.24% | 4.26% | 1.02% |
| MU | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
See all 10 holdings ILCV 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, ILCV or QQQ?
ILCV has an expense ratio of 0.04% while QQQ charges 0.18%. ILCV is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, ILCV or QQQ?
Over the past year ILCV returned +29.95% vs +27.63% for QQQ, so ILCV leads on 1-year performance. Over the longest common window we track (22 years), ILCV annualized +6.50% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, ILCV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 14.3% for ILCV. Worst drawdown: ILCV -60.9% vs QQQ -83.0%.
Should I hold both ILCV and QQQ?
ILCV and QQQ have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ILCV and QQQ?
ILCV and QQQ share 54 common holdings with a 37.5% weight overlap. Combined, they hold 421 unique securities.
Which pays a higher dividend, ILCV or QQQ?
ILCV yields 1.62% while QQQ yields 0.41%, so ILCV currently pays the higher dividend yield.
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