BGRO vs QQQ
iShares Large Cap Growth Active ETF vs Invesco QQQ Trust, Series 1
Which is better, BGRO or QQQ?
Nearly the same fund. QQQ costs less.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 48.7%.
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 | BGRO | QQQ |
|---|---|---|
| Expense Ratio | 0.55% | 0.18%Best |
| AUM | $10M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 38 | 321 |
| YTD Return | +12.63% | +19.30%Best |
| 1Y Return | +13.39% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 18.4% | 17.4%Best |
| Max Drawdown | -24.9% | -22.8%Best |
| $10,000 over 2.4 years | $14,149 | $16,069Best |
| Top 10 Weight | 48.7% | 46.7%Best |
| Fund Family | BlackRock, Inc. (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 4, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 5, 2024 to Oct 14, 2026 (2.4 years).
BGRO 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 covers the 2.4 years both funds cover.
BGRO vs QQQ Performance
iShares Large Cap Growth Active ETF (BGRO) is an ETF from BlackRock, Inc. (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BGRO returned +13.39% while QQQ returned +22.47%. Year to date, BGRO is up 12.63% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BGRO has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 17.4% for QQQ. 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 -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 0.00% against 0.42% for QQQ.
Holdings Overlap
62.4% of BGRO's money is in holdings QQQ also owns. 60.1% of QQQ's money is in holdings BGRO also owns.
The two portfolios partly overlap.
21 positions in common, counted across the 40 positions we hold weights for in BGRO and 101 in QQQ, against full books of 38 and 321.
What only one of them owns
Our book lists 73 positions for QQQ that do not appear in our book for BGRO (36.9% of the fund), and 18 for BGRO that do not appear in QQQ (35.0%).
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 BGRO | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.22% | 8.33% | 4.89% |
| AAPLApple, Inc | 4.66% | 7.35% | 2.69% |
| MSFTMicrosoft Corp | 5.01% | 5.76% | 0.75% |
| MUMicron Technology, Inc. | 3.68% | 5.02% | 1.34% |
| AMZNAmazon.Com Inc | 4.16% | 4.07% | 0.09% |
| GOOGLAlphabet Inc | 4.62% | 3.05% | 1.57% |
| AMDAdvanced Micro Devices Inc | 2.58% | 4.17% | 1.59% |
| GOOGAlphabet Inc. C | 3.68% | 2.85% | 0.83% |
| METAMeta Platforms Inc | 2.37% | 3.26% | 0.89% |
| SPCXSpace Exploration Technologies | 1.56% | 2.70% | 1.14% |
62.4% of BGRO 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, BGRO or QQQ?
BGRO has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, BGRO or QQQ?
Over the past year BGRO returned +13.39% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), BGRO annualized +15.56% vs +21.85% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BGRO or QQQ?
BGRO has been the more volatile fund at 18.4% annualized versus 17.4% for QQQ. Worst drawdown: BGRO -24.9% vs QQQ -22.8%.
Should I hold both BGRO and QQQ?
BGRO and QQQ have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BGRO and QQQ?
62.4% of BGRO's money is in holdings QQQ also owns. 60.1% of QQQ's is in holdings BGRO also owns. They hold 21 positions in common, counted across the 40 positions we hold weights for in BGRO and 101 in QQQ.
Which pays a higher dividend, BGRO or QQQ?
BGRO yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than BGRO?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 48.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.