LGCF vs QQQ
Themes US Cash Flow Champions ETF vs Invesco QQQ Trust, Series 1
Which is better, LGCF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. LGCF is less concentrated, with 40.5% 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 | LGCF | QQQ |
|---|---|---|
| Expense Ratio | 0.29% | 0.18%Best |
| AUM | $2M | $506.1B |
| Dividend Yield | 1.67% | 0.42% |
| Holdings | 77 | 321 |
| Volatility (annualized) | 10.2%Best | 16.9% |
| Max Drawdown | -16.7%Best | -22.8% |
| $10,000 over 2.8 years | $15,899 | $18,792Best |
| Top 10 Weight | 40.5%Best | 46.7% |
| Fund Family | Themes ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 13, 2023 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 23 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. LGCF has data through Sep 21, 2026 and QQQ through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Sep 21, 2026 (2.8 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 10.2% for LGCF. 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 -16.7% for LGCF 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 0.17. They move largely independently of each other.
Fees and Cost Over Time
LGCF charges 0.29% per year while QQQ charges 0.18%. On a $10,000 position that is $29 vs $18 annually, a gap of $11 per year that compounds over a long holding period. On income, LGCF currently yields 1.67% against 0.42% for QQQ.
Holdings Overlap
14.5% of LGCF's money is in holdings QQQ also owns. 3.3% of QQQ's money is in holdings LGCF also owns.
LGCF and QQQ share little of their money.
8 positions in common, counted across the 76 positions we hold weights for in LGCF and 101 in QQQ, against full books of 77 and 321.
What only one of them owns
Our book lists 85 positions for QQQ that do not appear in our book for LGCF (93.0% of the fund), and 66 for LGCF that do not appear in QQQ (84.4%).
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 LGCF | Weight in QQQ | Difference |
|---|---|---|---|
| GILDGilead Sciences | 3.36% | 0.77% | 2.59% |
| QCOMQualcomm Inc. | 3.28% | 0.81% | 2.47% |
| MELIMercadolibre Inc | 1.70% | 0.37% | 1.33% |
| CMCSAComcast Corp. Class A | 1.73% | 0.32% | 1.41% |
| REGNRegeneron Pharmaceuticals, Inc. | 1.55% | 0.32% | 1.23% |
| ABNBAirbnb Inc | 1.36% | 0.28% | 1.08% |
| PYPLPaypal Holdings Inc | 0.86% | 0.19% | 0.67% |
| FANGDiamondback Energy Inc - Common | 0.68% | 0.21% | 0.47% |
You are not choosing between two funds in isolation.
Whichever of LGCF and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LGCF or QQQ?
LGCF has an expense ratio of 0.29% while QQQ charges 0.18%. QQQ is the cheaper option, by $11 a year on a $10,000 investment.
Which is riskier, LGCF or QQQ?
QQQ has been the more volatile fund at 16.9% annualized versus 10.2% for LGCF. Worst drawdown: LGCF -16.7% vs QQQ -22.8%.
Should I hold both LGCF and QQQ?
LGCF and QQQ have a monthly-return correlation of 0.17, 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 LGCF and QQQ?
14.5% of LGCF's money is in holdings QQQ also owns. 3.3% of QQQ's is in holdings LGCF also owns. They hold 8 positions in common, counted across the 76 positions we hold weights for in LGCF and 101 in QQQ.
Which pays a higher dividend, LGCF or QQQ?
LGCF yields 1.67% while QQQ yields 0.42%, so LGCF currently pays the higher dividend yield.
Is QQQ better than LGCF?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. LGCF is less concentrated, with 40.5% 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.