BDVG vs QQQ
iMGP Berkshire Dividend Growth ETF vs Invesco QQQ Trust, Series 1
Which is better, BDVG or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. BDVG is less concentrated, with 41.0% 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 | BDVG | QQQ |
|---|---|---|
| Expense Ratio | 0.55% | 0.18%Best |
| AUM | - | $483.5B |
| Dividend Yield | 1.42% | 0.44% |
| Holdings | 42 | 107 |
| YTD Return | +17.31% | +17.95%Best |
| 1Y Return | +19.98% | +21.77%Best |
| 3Y Return (annualized) | +16.37% | +25.63%Best |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 10.8%Best | 17.2% |
| Max Drawdown | -14.5%Best | -22.8% |
| $10,000 over 3.2 years | $15,419 | $19,787Best |
| Top 10 Weight | 41.0%Best | 46.5% |
| Fund Family | iMGP Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 29, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 30, 2023 to Sep 18, 2026 (3.2 years).
BDVG 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 3.2 years both funds cover.
BDVG vs QQQ Performance
iMGP Berkshire Dividend Growth ETF (BDVG) is an ETF from iMGP Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BDVG returned +19.98% while QQQ returned +21.77%. Year to date, BDVG is up 17.31% versus a gain of 17.95% for QQQ.
Over three years, BDVG compounded at +16.37% per year against +25.63% 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 17.2% compared with 10.8% for BDVG. 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 -14.5% for BDVG 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 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BDVG charges 0.55% per year while QQQ charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, BDVG currently yields 1.42% against 0.44% for QQQ.
Holdings Overlap
20.6% of BDVG's money is in holdings QQQ also owns. 20.1% of QQQ's money is in holdings BDVG also owns.
BDVG and QQQ share little of their money.
9 positions in common, counted across the 41 positions we hold weights for in BDVG and 102 in QQQ, against full books of 42 and 107.
What only one of them owns
Our book lists 87 positions for QQQ that do not appear in our book for BDVG (77.5% of the fund), and 29 for BDVG that do not appear in QQQ (73.4%).
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 BDVG | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.12% | 7.27% | 3.15% |
| MSFTMicrosoft Corp | 3.48% | 5.76% | 2.28% |
| CSCOCisco Systems Inc. - Ordinary Shares | 4.19% | 2.10% | 2.09% |
| WMTWalmart, Inc. | 1.98% | 2.41% | 0.43% |
| QCOMQualcomm Inc. | 2.28% | 0.73% | 1.55% |
| PEPPepsico Inc. | 1.16% | 0.83% | 0.33% |
| MDLZMondelez International Inc Com A Npv | 1.53% | 0.35% | 1.18% |
| HONHoneywell International Inc. | 1.09% | 0.35% | 0.74% |
| HONAHoneywell Aerospace Inc | 0.82% | 0.28% | 0.54% |
20.6% of BDVG 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, BDVG or QQQ?
BDVG has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, BDVG or QQQ?
Over the past year BDVG returned +19.98% vs +21.77% 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, BDVG or QQQ?
QQQ has been the more volatile fund at 17.2% annualized versus 10.8% for BDVG. Worst drawdown: BDVG -14.5% vs QQQ -22.8%.
Should I hold both BDVG and QQQ?
BDVG and QQQ have a monthly-return correlation of 0.57, 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 BDVG and QQQ?
20.6% of BDVG's money is in holdings QQQ also owns. 20.1% of QQQ's is in holdings BDVG also owns. They hold 9 positions in common, counted across the 41 positions we hold weights for in BDVG and 102 in QQQ.
Which pays a higher dividend, BDVG or QQQ?
BDVG yields 1.42% while QQQ yields 0.44%, so BDVG currently pays the higher dividend yield.
Is QQQ better than BDVG?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. BDVG is less concentrated, with 41.0% 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.