LGHT vs QQQ
Langar Global Healthtech ETF vs Invesco QQQ Trust, Series 1
Which is better, LGHT or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 75.5%.
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 | LGHT | QQQ |
|---|---|---|
| Expense Ratio | 0.85% | 0.18%Best |
| AUM | $2M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 32 | 321 |
| YTD Return | +8.88% | +19.30%Best |
| 1Y Return | +8.57% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 17.6% | 17.0%Best |
| Max Drawdown | -28.6% | -22.8%Best |
| $10,000 over 2.8 years | $10,692 | $18,259Best |
| Top 10 Weight | 75.5% | 46.7%Best |
| Fund Family | Langar Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 10, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 10, 2024 to Oct 14, 2026 (2.8 years).
LGHT 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 2.8 years both funds cover.
LGHT vs QQQ Performance
Langar Global Healthtech ETF (LGHT) is an ETF from Langar Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LGHT returned +8.57% while QQQ returned +22.47%. Year to date, LGHT is up 8.88% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGHT has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 17.0% 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 -28.6% for LGHT 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 0.28. They move largely independently of each other.
Fees and Cost Over Time
LGHT charges 0.85% per year while QQQ charges 0.18%. On a $10,000 position that is $85 vs $18 annually, a gap of $67 per year that compounds over a long holding period. On income, LGHT currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
20.1% of LGHT's money is in holdings QQQ also owns. 0.9% of QQQ's money is in holdings LGHT also owns.
LGHT and QQQ share little of their money.
3 positions in common, counted across the 31 positions we hold weights for in LGHT and 101 in QQQ, against full books of 32 and 321.
What only one of them owns
Our book lists 90 positions for QQQ that do not appear in our book for LGHT (95.4% of the fund), and 24 for LGHT that do not appear in QQQ (68.9%).
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.
20.1% of LGHT 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, LGHT or QQQ?
LGHT has an expense ratio of 0.85% while QQQ charges 0.18%. QQQ is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, LGHT or QQQ?
Over the past year LGHT returned +8.57% 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, LGHT or QQQ?
LGHT has been the more volatile fund at 17.6% annualized versus 17.0% for QQQ. Worst drawdown: LGHT -28.6% vs QQQ -22.8%.
Should I hold both LGHT and QQQ?
LGHT and QQQ have a monthly-return correlation of 0.28, 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 LGHT and QQQ?
20.1% of LGHT's money is in holdings QQQ also owns. 0.9% of QQQ's is in holdings LGHT also owns. They hold 3 positions in common, counted across the 31 positions we hold weights for in LGHT and 101 in QQQ.
Which pays a higher dividend, LGHT or QQQ?
LGHT yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than LGHT?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 75.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.