BFRE vs QQQ
Westwood LBRTY Global Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, BFRE or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. BFRE is less concentrated, with 30.4% of the fund in its ten largest positions against 47.2%.
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 | BFRE | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $2M | $498.6B |
| Dividend Yield | 0.95% | 0.42% |
| Holdings | 211 | 321 |
| Top 10 Weight | 30.4%Best | 47.2% |
| Fund Family | Westwood Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Mar 27, 2025 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
The two price series end 228 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BFRE has data through Feb 27, 2026 and QQQ through Oct 13, 2026.
Fees and Cost Over Time
BFRE charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, BFRE currently yields 0.95% against 0.42% for QQQ.
Holdings Overlap
40.0% of BFRE's money is in holdings QQQ also owns. 63.0% of QQQ's money is in holdings BFRE also owns.
The two portfolios partly overlap.
The two holdings books were reported 258 days apart, BFRE as of Dec 31, 2025 and QQQ as of Sep 15, 2026, so some of the difference between them is the time between the two reports rather than the funds.
37 positions in common, counted across the 202 positions we hold weights for in BFRE and 102 in QQQ, against full books of 211 and 321.
What only one of them owns
Our book lists 60 positions for QQQ that do not appear in our book for BFRE (35.4% of the fund), and 97 for BFRE that do not appear in QQQ (37.8%).
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 BFRE | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.49% | 8.45% | 3.96% |
| AAPLApple, Inc | 3.60% | 7.80% | 4.20% |
| MSFTMicrosoft Corp | 4.23% | 5.88% | 1.65% |
| AMZNAmazon.Com Inc | 3.86% | 4.41% | 0.55% |
| GOOGLAlphabet Inc,class A | 3.22% | 3.15% | 0.07% |
| METAMeta Platforms Inc | 2.33% | 3.07% | 0.74% |
| AVGOBroadcom Inc | 2.51% | 2.74% | 0.23% |
| TSLATesla Inc | 1.79% | 2.92% | 1.13% |
| AMDAdvanced Micro Devices Inc | 0.86% | 3.71% | 2.85% |
| GOOGAlphabet Inc. C | 1.41% | 2.93% | 1.52% |
63.0% of QQQ is already inside BFRE.
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, BFRE or QQQ?
BFRE has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
What is the holdings overlap between BFRE and QQQ?
63.0% of QQQ's money is in holdings BFRE also owns. 63.0% of QQQ's is in holdings BFRE also owns. They hold 37 positions in common, counted across the 202 positions we hold weights for in BFRE and 102 in QQQ.
Which pays a higher dividend, BFRE or QQQ?
BFRE yields 0.95% while QQQ yields 0.42%, so BFRE currently pays the higher dividend yield.
Is QQQ better than BFRE?
QQQ has a lower expense ratio. BFRE is less concentrated, with 30.4% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.