BKGI vs QQQ
BNY Mellon Global Infrastructure Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | BKGI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.18% | |
| AUM | $1.3B | $496.3B | |
| Dividend Yield | 2.90% | 0.44% | |
| Holdings | 38 | 108 | |
| YTD Return | +10.10% | +16.19% | |
| 1Y Return | +17.27% | +25.22% | |
| 3Y Return (annualized) | +21.27% | +25.47% | |
| 5Y Return (annualized) | - | +14.34% | |
| Volatility (annualized) | 13.6% | 30.6% | |
| Max Drawdown | -14.8% | -83.0% | |
| Fund Family | BNY Mellon Investment Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Nov 2, 2022 | Mar 10, 1999 |
BKGI vs QQQ Performance
BNY Mellon Global Infrastructure Income ETF (BKGI) is a ETF from BNY Mellon Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BKGI returned +17.27% while QQQ returned +25.22%. Year to date, BKGI is up 10.10% versus a gain of 16.19% for QQQ.
Over three years, BKGI compounded at +21.27% per year against +25.47% for QQQ. Across the full 4-year window we track, BKGI has the edge at +20.62% annualized vs +13.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.6% for BKGI. 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 -14.8% for BKGI and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BKGI 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, BKGI currently yields 2.90% against 0.44% for QQQ.
Holdings Overlap
BKGI and QQQ share 1 holdings out of 131 unique holdings combined, representing a 0.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BKGI | Weight in QQQ | Difference |
|---|---|---|---|
| CEG | 1.73% | 0.42% | 1.31% |
Frequently Asked Questions
Which is cheaper, BKGI or QQQ?
BKGI has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, BKGI or QQQ?
Over the past year BKGI returned +17.27% vs +25.22% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), BKGI annualized +20.62% vs +13.01% for QQQ. Past performance does not guarantee future results.
Which is riskier, BKGI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.6% for BKGI. Worst drawdown: BKGI -14.8% vs QQQ -83.0%.
Should I hold both BKGI and QQQ?
BKGI and QQQ have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BKGI and QQQ?
BKGI and QQQ share 1 common holdings with a 0.4% weight overlap. Combined, they hold 131 unique securities.
Which pays a higher dividend, BKGI or QQQ?
BKGI yields 2.90% while QQQ yields 0.44%, so BKGI currently pays the higher dividend yield.
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