QQQ vs QQQG
Invesco QQQ Trust, Series 1 vs Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF
Which is better, QQQ or QQQG?
Each has led over a different period.
QQQ has a lower expense ratio. QQQ led over the full window, QQQG over 1Y. The two have moved almost in lockstep, correlation 0.93. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 51.9%.
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 | QQQ | QQQG |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.49% |
| AUM | $506.1B | $52M |
| Dividend Yield | 0.42% | 0.06% |
| Holdings | 321 | 104 |
| YTD Return | +19.30% | +27.13%Best |
| 1Y Return | +22.47% | +29.28%Best |
| 3Y Return (annualized) | +26.18% | - |
| 5Y Return (annualized) | +15.42% | - |
| Volatility (annualized) | 17.9%Best | 22.2% |
| Max Drawdown | -22.8%Best | -23.6% |
| $10,000 over 2.1 years | $15,204Best | $14,801 |
| Top 10 Weight | 46.7%Best | 51.9% |
| Fund Family | Invesco (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Aug 19, 2024 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 20, 2024 to Oct 14, 2026 (2.1 years).
QQQ vs QQQG 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 2.1 years both funds cover.
QQQ vs QQQG Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) is an ETF from Pacer ETFs. Over the past year QQQ returned +22.47% while QQQG returned +29.28%. Year to date, QQQ is up 19.30% versus a gain of 27.13% for QQQG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQG has been the more volatile fund, with annualized monthly volatility of 22.2% compared with 17.9% 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 -22.8% for QQQ and -23.6% for QQQG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while QQQG charges 0.49%. On a $10,000 position that is $18 vs $49 annually, a gap of $31 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.06% for QQQG.
Holdings Overlap
58.7% of QQQ's money is in holdings QQQG also owns. 93.6% of QQQG's money is in holdings QQQ also owns.
Most of QQQG is already inside QQQ. Owning both mostly buys the same companies twice.
49 positions in common, counted across the 101 positions we hold weights for in QQQ and 50 in QQQG, against full books of 321 and 104.
What only one of them owns
Our book lists 1 positions for QQQG that do not appear in our book for QQQ (6.3% of the fund), and 44 for QQQ that do not appear in QQQG (37.5%).
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 QQQ | Weight in QQQG | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 5.02% | 4.97% | 0.05% |
| AMDAdvanced Micro Devices Inc | 4.17% | 5.74% | 1.57% |
| NVDANvidia Corp | 8.33% | 1.13% | 7.20% |
| AAPLApple, Inc | 7.35% | 1.53% | 5.82% |
| MRVLMarvell Technology Inc | 0.97% | 6.03% | 5.06% |
| MSFTMicrosoft Corp | 5.76% | 1.19% | 4.57% |
| PANWPalo Alto Networks, Inc | 1.35% | 4.38% | 3.03% |
| DDOGDatadog Inc | 0.38% | 5.33% | 4.95% |
| FTNTFortinet Inc | 0.55% | 5.04% | 4.49% |
| ALABAstera Labs Inc - Common | 0.26% | 5.20% | 4.94% |
93.6% of QQQG 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, QQQ or QQQG?
QQQ has an expense ratio of 0.18% while QQQG charges 0.49%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, QQQ or QQQG?
Over the past year QQQ returned +22.47% vs +29.28% for QQQG, so QQQG leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +22.08% vs +20.53% for QQQG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or QQQG?
QQQG has been the more volatile fund at 22.2% annualized versus 17.9% for QQQ. Worst drawdown: QQQ -22.8% vs QQQG -23.6%.
Should I hold both QQQ and QQQG?
QQQ and QQQG have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQQ and QQQG?
93.6% of QQQG's money is in holdings QQQ also owns. 93.6% of QQQG's is in holdings QQQ also owns. They hold 49 positions in common, counted across the 101 positions we hold weights for in QQQ and 50 in QQQG.
Which pays a higher dividend, QQQ or QQQG?
QQQ yields 0.42% while QQQG yields 0.06%, so QQQ currently pays the higher dividend yield.
Is QQQG better than QQQ?
QQQ has a lower expense ratio. QQQ led over the full window, QQQG over 1Y. The two have moved almost in lockstep, correlation 0.93. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 51.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.