BBMC vs QQQ
JPMorgan BetaBuilders US Mid Cap Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, BBMC or QQQ?
Mid Cap Blend against Large Cap Growth.
BBMC has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. BBMC is less concentrated, with 7.7% of the fund in its ten largest positions against 46.5%.
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 | BBMC | QQQ |
|---|---|---|
| Expense Ratio | 0.07%Best | 0.18% |
| AUM | $2.1B | $483.5B |
| Dividend Yield | 1.12% | 0.44% |
| Holdings | 467 | 107 |
| YTD Return | +14.79% | +15.94%Best |
| 1Y Return | +19.04% | +20.44%Best |
| 3Y Return (annualized) | +18.27% | +24.86%Best |
| 5Y Return (annualized) | +8.10% | +14.26%Best |
| Volatility (annualized) | 18.6%Best | 20.3% |
| Max Drawdown | -30.1%Best | -35.1% |
| $10,000 over 5 years | $14,761 | $19,475Best |
| Top 10 Weight | 7.7%Best | 46.5% |
| Fund Family | J.P. Morgan Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Apr 14, 2020 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Apr 15, 2020 to Sep 14, 2026 (6.4 years).
BBMC 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 6.4 years both funds cover.
BBMC vs QQQ Performance
JPMorgan BetaBuilders US Mid Cap Equity ETF (BBMC) is an ETF from J.P. Morgan Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BBMC returned +19.04% while QQQ returned +20.44%. Year to date, BBMC is up 14.79% versus a gain of 15.94% for QQQ.
Over three years, BBMC compounded at +18.27% per year against +24.86% for QQQ; over five years the annualized figures are +8.10% and +14.26% respectively. Across the full 6-year window we track, QQQ has the edge at +21.55% annualized vs +16.75%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 18.6% for BBMC. 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 -30.1% for BBMC and -35.1% 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BBMC charges 0.07% per year while QQQ charges 0.18%. On a $10,000 position that is $7 vs $18 annually, a gap of $11 per year that compounds over a long holding period. On income, BBMC currently yields 1.12% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 448 holdings in BBMC and 102 in QQQ, totalling 97.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 448 positions we hold weights for in BBMC and 102 in QQQ, against full books of 467 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for BBMC (97.5% of the fund), and 434 for BBMC that do not appear in QQQ (93.6%).
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.
You are not choosing between two funds in isolation.
Whichever of BBMC 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, BBMC or QQQ?
BBMC has an expense ratio of 0.07% while QQQ charges 0.18%. BBMC is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, BBMC or QQQ?
Over the past year BBMC returned +19.04% vs +20.44% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), BBMC annualized +16.75% vs +21.55% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BBMC or QQQ?
QQQ has been the more volatile fund at 20.3% annualized versus 18.6% for BBMC. Worst drawdown: BBMC -30.1% vs QQQ -35.1%.
Should I hold both BBMC and QQQ?
BBMC and QQQ have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BBMC or QQQ?
BBMC yields 1.12% while QQQ yields 0.44%, so BBMC currently pays the higher dividend yield.
Is QQQ better than BBMC?
BBMC has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. BBMC is less concentrated, with 7.7% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.