GROZ vs IQM
Zacks Focus Growth ETF vs Franklin Intelligent Machines ETF
Which is better, GROZ or IQM?
IQM has been ahead.
IQM has a lower expense ratio. IQM led over 1Y and the full window. IQM is less concentrated, with 43.7% of the fund in its ten largest positions against 56.9%.
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 | GROZ | IQM |
|---|---|---|
| Expense Ratio | 0.55% | 0.50%Best |
| AUM | $126M | $86M |
| Dividend Yield | 0.04% | 0.00% |
| Holdings | 88 | 83 |
| YTD Return | +12.37% | +14.99%Best |
| 1Y Return | +15.13% | +16.23%Best |
| 3Y Return (annualized) | - | +31.88% |
| 5Y Return (annualized) | - | +15.66% |
| Volatility (annualized) | 16.0%Best | 30.9% |
| Max Drawdown | -23.3%Best | -30.4% |
| $10,000 over 1.9 years | $13,480 | $15,053Best |
| Top 10 Weight | 56.9% | 43.7%Best |
| Fund Family | Zacks | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 9, 2024 | Feb 25, 2020 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 5, 2024 to Oct 14, 2026 (1.9 years).
GROZ vs IQM 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 1.9 years both funds cover.
GROZ vs IQM Performance
Zacks Focus Growth ETF (GROZ) is an ETF from Zacks and Franklin Intelligent Machines ETF (IQM) is an ETF from Franklin Templeton Investments (US). Over the past year GROZ returned +15.13% while IQM returned +16.23%. Year to date, GROZ is up 12.37% versus a gain of 14.99% for IQM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQM has been the more volatile fund, with annualized monthly volatility of 30.9% compared with 16.0% for GROZ. 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 -23.3% for GROZ and -30.4% for IQM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GROZ charges 0.55% per year while IQM charges 0.50%. On a $10,000 position that is $55 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, GROZ currently yields 0.04% against 0.00% for IQM.
Holdings Overlap
46.1% of GROZ's money is in holdings IQM also owns. 35.2% of IQM's money is in holdings GROZ also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 46 positions we hold weights for in GROZ and 81 in IQM, against full books of 88 and 83.
What only one of them owns
Our book lists 44 positions for IQM that do not appear in our book for GROZ (39.0% of the fund), and 27 for GROZ that do not appear in IQM (46.4%).
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 GROZ | Weight in IQM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.99% | 7.92% | 2.07% |
| AAPLApple, Inc | 9.06% | 3.76% | 5.30% |
| AVGOBroadcom Inc | 5.00% | 3.90% | 1.10% |
| GOOGLAlphabet Inc | 7.06% | 1.08% | 5.98% |
| TSLATesla Inc | 3.42% | 1.88% | 1.54% |
| LRCXLam Research Corp | 2.73% | 2.55% | 0.18% |
| AMDAdvanced Micro Devices Inc | 2.50% | 2.69% | 0.19% |
| BECfd Bloom Energy Corp- A | 0.71% | 3.71% | 3.00% |
| ANETArista Networks Inc. | 0.63% | 2.64% | 2.01% |
| AMATApplied Materials, Inc. | 1.06% | 2.01% | 0.95% |
46.1% of GROZ is already inside IQM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, GROZ or IQM?
GROZ has an expense ratio of 0.55% while IQM charges 0.50%. IQM is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, GROZ or IQM?
Over the past year GROZ returned +15.13% vs +16.23% for IQM, so IQM leads on 1-year performance. Over the longest common window we track (2 years), GROZ annualized +17.02% vs +24.02% for IQM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GROZ or IQM?
IQM has been the more volatile fund at 30.9% annualized versus 16.0% for GROZ. Worst drawdown: GROZ -23.3% vs IQM -30.4%.
Should I hold both GROZ and IQM?
GROZ and IQM have a monthly-return correlation of 0.79, 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 GROZ and IQM?
46.1% of GROZ's money is in holdings IQM also owns. 35.2% of IQM's is in holdings GROZ also owns. They hold 14 positions in common, counted across the 46 positions we hold weights for in GROZ and 81 in IQM.
Which pays a higher dividend, GROZ or IQM?
GROZ yields 0.04% while IQM yields 0.00%, so GROZ currently pays the higher dividend yield.
Is IQM better than GROZ?
IQM has a lower expense ratio. IQM led over 1Y and the full window. IQM is less concentrated, with 43.7% of the fund in its ten largest positions against 56.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.