BLCV vs QQQ
iShares Large Cap Value Active ETF vs Invesco QQQ Trust, Series 1
Which is better, BLCV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. BLCV is less concentrated, with 42.0% of the fund in its ten largest positions against 46.7%.
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 | BLCV | QQQ |
|---|---|---|
| Expense Ratio | 0.45% | 0.18%Best |
| AUM | $347M | $506.1B |
| Dividend Yield | 1.30% | 0.42% |
| Holdings | 56 | 321 |
| YTD Return | +12.91% | +19.30%Best |
| 1Y Return | +20.02% | +22.47%Best |
| 3Y Return (annualized) | +19.66% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 13.5%Best | 17.0% |
| Max Drawdown | -13.4%Best | -22.8% |
| $10,000 over 3.4 years | $17,794 | $22,328Best |
| Top 10 Weight | 42.0%Best | 46.7% |
| Fund Family | BlackRock, Inc. (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | May 19, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 23, 2023 to Oct 14, 2026 (3.4 years).
BLCV 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 3.4 years both funds cover.
BLCV vs QQQ Performance
iShares Large Cap Value Active ETF (BLCV) is an ETF from BlackRock, Inc. (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BLCV returned +20.02% while QQQ returned +22.47%. Year to date, BLCV is up 12.91% versus a gain of 19.30% for QQQ.
Over three years, BLCV compounded at +19.66% per year against +26.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 13.5% for BLCV. 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 -13.4% for BLCV 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 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BLCV charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, BLCV currently yields 1.30% against 0.42% for QQQ.
Holdings Overlap
34.2% of BLCV's money is in holdings QQQ also owns. 27.5% of QQQ's money is in holdings BLCV also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 54 positions we hold weights for in BLCV and 101 in QQQ, against full books of 56 and 321.
What only one of them owns
Our book lists 81 positions for QQQ that do not appear in our book for BLCV (68.8% of the fund), and 41 for BLCV that do not appear in QQQ (63.4%).
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 BLCV | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 8.93% | 5.76% | 3.17% |
| AAPLApple, Inc | 5.97% | 7.35% | 1.38% |
| AMZNAmazon.Com Inc | 7.87% | 4.07% | 3.80% |
| METAMeta Platforms Inc | 2.49% | 3.26% | 0.77% |
| INTCIntel Corporation | 1.24% | 2.64% | 1.40% |
| KDPKeurig Dr Pepper Inc (kdp Us) | 2.36% | 0.17% | 2.19% |
| AMATApplied Materials, Inc. | 0.63% | 1.70% | 1.07% |
| HONAHoneywell Aerospace Inc | 1.61% | 0.21% | 1.40% |
| TXNTexas Instrument Inc | 0.50% | 1.07% | 0.57% |
| CMCSAComcast Corp. Class A | 0.97% | 0.32% | 0.65% |
34.2% of BLCV 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, BLCV or QQQ?
BLCV has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, BLCV or QQQ?
Over the past year BLCV returned +20.02% 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.
Which is riskier, BLCV or QQQ?
QQQ has been the more volatile fund at 17.0% annualized versus 13.5% for BLCV. Worst drawdown: BLCV -13.4% vs QQQ -22.8%.
Should I hold both BLCV and QQQ?
BLCV and QQQ have a monthly-return correlation of 0.51, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BLCV and QQQ?
34.2% of BLCV's money is in holdings QQQ also owns. 27.5% of QQQ's is in holdings BLCV also owns. They hold 12 positions in common, counted across the 54 positions we hold weights for in BLCV and 101 in QQQ.
Which pays a higher dividend, BLCV or QQQ?
BLCV yields 1.30% while QQQ yields 0.42%, so BLCV currently pays the higher dividend yield.
Is QQQ better than BLCV?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. BLCV is less concentrated, with 42.0% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.