JLCO vs QQQ
John Hancock Large Cap Opportunities ETF vs Invesco QQQ Trust, Series 1
Which is better, JLCO or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 47.1%.
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 | JLCO | QQQ |
|---|---|---|
| Expense Ratio | 0.39% | 0.18%Best |
| AUM | $11M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 108 | 321 |
| YTD Return | +2.73% | +19.30%Best |
| 1Y Return | - | +22.47% |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Top 10 Weight | 47.1% | 46.7%Best |
| Fund Family | John Hancock Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jul 14, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
JLCO 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.
JLCO vs QQQ Performance
John Hancock Large Cap Opportunities ETF (JLCO) is an ETF from John Hancock Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, JLCO is up 2.73% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
JLCO charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, JLCO currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
44.6% of JLCO's money is in holdings QQQ also owns. 40.4% of QQQ's money is in holdings JLCO also owns.
The two portfolios partly overlap.
13 positions in common, counted across the 55 positions we hold weights for in JLCO and 101 in QQQ, against full books of 108 and 321.
What only one of them owns
Our book lists 79 positions for QQQ that do not appear in our book for JLCO (55.9% of the fund), and 34 for JLCO that do not appear in QQQ (48.6%).
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 JLCO | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 7.94% | 5.76% | 2.18% |
| NVDANvidia Corp | 5.22% | 8.33% | 3.11% |
| AMZNAmazon.Com Inc | 6.13% | 4.07% | 2.06% |
| GOOGLAlphabet Inc | 6.84% | 3.05% | 3.79% |
| AMDAdvanced Micro Devices Inc | 3.97% | 4.17% | 0.20% |
| AVGOBroadcom Inc | 4.47% | 2.53% | 1.94% |
| MUMicron Technology, Inc. | 1.88% | 5.02% | 3.14% |
| WMTWalmart, Inc. | 2.18% | 2.11% | 0.07% |
| PANWPalo Alto Networks, Inc | 1.94% | 1.35% | 0.59% |
| AMATApplied Materials, Inc. | 0.94% | 1.70% | 0.76% |
44.6% of JLCO 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, JLCO or QQQ?
JLCO has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option, by $21 a year on a $10,000 investment.
What is the holdings overlap between JLCO and QQQ?
44.6% of JLCO's money is in holdings QQQ also owns. 40.4% of QQQ's is in holdings JLCO also owns. They hold 13 positions in common, counted across the 55 positions we hold weights for in JLCO and 101 in QQQ.
Which pays a higher dividend, JLCO or QQQ?
JLCO yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than JLCO?
QQQ has a lower expense ratio. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.