BBHL vs QQQ
BBH Select Large Cap ETF vs Invesco QQQ Trust, Series 1
Which is better, BBHL or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 47.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BBHL | QQQ |
|---|---|---|
| Expense Ratio | 0.71% | 0.18%Best |
| AUM | $540M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 98 | 321 |
| YTD Return | +9.09% | +19.30%Best |
| 1Y Return | +11.66% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Top 10 Weight | 47.3% | 46.7%Best |
| Fund Family | Brown Brothers Harriman | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Nov 17, 2025 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
BBHL vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BBHL vs QQQ Performance
BBH Select Large Cap ETF (BBHL) is an ETF from Brown Brothers Harriman and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BBHL returned +11.66% while QQQ returned +22.47%. Year to date, BBHL is up 9.09% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
BBHL charges 0.71% per year while QQQ charges 0.18%. On a $10,000 position that is $71 vs $18 annually, a gap of $53 per year that compounds over a long holding period. On income, BBHL currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
52.1% of BBHL's money is in holdings QQQ also owns. 43.7% of QQQ's money is in holdings BBHL also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 48 positions we hold weights for in BBHL and 101 in QQQ, against full books of 98 and 321.
What only one of them owns
Our book lists 76 positions for QQQ that do not appear in our book for BBHL (52.5% of the fund), and 30 for BBHL that do not appear in QQQ (41.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BBHL | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 8.15% | 5.76% | 2.39% |
| AAPLApple, Inc | 5.76% | 7.35% | 1.59% |
| NVDANvidia Corp | 3.18% | 8.33% | 5.15% |
| GOOGAlphabet Inc. C | 6.49% | 2.85% | 3.64% |
| AMZNAmazon.Com Inc | 5.11% | 4.07% | 1.04% |
| PANWPalo Alto Networks, Inc | 3.94% | 1.35% | 2.59% |
| KLACKla-tencor | 4.06% | 1.06% | 3.00% |
| METAMeta Platforms Inc | 1.81% | 3.26% | 1.45% |
| AMATApplied Materials, Inc. | 3.01% | 1.70% | 1.31% |
| AVGOBroadcom Inc | 1.71% | 2.53% | 0.82% |
52.1% of BBHL is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BBHL or QQQ?
BBHL has an expense ratio of 0.71% while QQQ charges 0.18%. QQQ is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, BBHL or QQQ?
Over the past year BBHL returned +11.66% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between BBHL and QQQ?
52.1% of BBHL's money is in holdings QQQ also owns. 43.7% of QQQ's is in holdings BBHL also owns. They hold 16 positions in common, counted across the 48 positions we hold weights for in BBHL and 101 in QQQ.
Which pays a higher dividend, BBHL or QQQ?
BBHL yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than BBHL?
QQQ has a lower expense ratio. QQQ led over 1Y. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 47.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.