BCHP vs QQQ
Principal Focused Blue Chip ETF vs Invesco QQQ Trust, Series 1
Which is better, BCHP or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 73.7%.
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 | BCHP | QQQ |
|---|---|---|
| Expense Ratio | 0.58% | 0.18%Best |
| AUM | $243M | $486.1B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 25 | 107 |
| YTD Return | +3.46% | +17.33%Best |
| 1Y Return | +3.02% | +26.50%Best |
| 3Y Return (annualized) | +14.68% | +24.58%Best |
| 5Y Return (annualized) | - | +14.15% |
| Volatility (annualized) | 15.3%Best | 17.4% |
| Max Drawdown | -18.6%Best | -22.8% |
| $10,000 over 3.1 years | $15,344 | $19,089Best |
| Top 10 Weight | 73.7% | 46.5%Best |
| Fund Family | Principal Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 12, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Jul 13, 2023 to Sep 3, 2026 (3.1 years).
BCHP 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 3.1 years both funds cover.
BCHP vs QQQ Performance
Principal Focused Blue Chip ETF (BCHP) is an ETF from Principal Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BCHP returned +3.02% while QQQ returned +26.50%. Year to date, BCHP is up 3.46% versus a gain of 17.33% for QQQ.
Over three years, BCHP compounded at +14.68% per year against +24.58% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 15.3% for BCHP. 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 -18.6% for BCHP 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BCHP charges 0.58% per year while QQQ charges 0.18%. On a $10,000 position that is $58 vs $18 annually, a gap of $40 per year that compounds over a long holding period. On income, BCHP currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
59.0% of BCHP's money is in holdings QQQ also owns. 30.1% of QQQ's money is in holdings BCHP also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 24 positions we hold weights for in BCHP and 102 in QQQ, against full books of 25 and 107.
What only one of them owns
Our book lists 87 positions for QQQ that do not appear in our book for BCHP (67.5% of the fund), and 13 for BCHP that do not appear in QQQ (32.7%).
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 BCHP | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corporation (purchase Right At $310.00 Per Share) | 11.29% | 8.44% | 2.85% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 10.70% | 5.76% | 4.94% |
| AMZNAmazon.Com Inc | 11.26% | 4.67% | 6.59% |
| GOOGAlphabet Inc. C | 9.22% | 3.13% | 6.09% |
| AVGOBroadcom Inc | 4.78% | 3.16% | 1.62% |
| METAMeta Platform Inc | 4.08% | 2.78% | 1.30% |
| NFLXNetflix, Inc. | 2.25% | 1.37% | 0.88% |
| CDNSCadence Design Systems Inc. | 2.89% | 0.41% | 2.48% |
| DASHDoordash Inc - A | 2.53% | 0.37% | 2.16% |
59.0% of BCHP 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, BCHP or QQQ?
BCHP has an expense ratio of 0.58% while QQQ charges 0.18%. QQQ is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, BCHP or QQQ?
Over the past year BCHP returned +3.02% vs +26.50% 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, BCHP or QQQ?
QQQ has been the more volatile fund at 17.4% annualized versus 15.3% for BCHP. Worst drawdown: BCHP -18.6% vs QQQ -22.8%.
Should I hold both BCHP and QQQ?
BCHP and QQQ have a monthly-return correlation of 0.79, 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 BCHP and QQQ?
59.0% of BCHP's money is in holdings QQQ also owns. 30.1% of QQQ's is in holdings BCHP also owns. They hold 9 positions in common, counted across the 24 positions we hold weights for in BCHP and 102 in QQQ.
Which pays a higher dividend, BCHP or QQQ?
BCHP yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than BCHP?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 73.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.