BLCV vs QQQ
iShares Large Cap Value Active 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 103 holdings.
Side-by-Side Comparison
| Metric | BLCV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.18% | |
| AUM | $337M | $455.8B | |
| Dividend Yield | 1.26% | 0.41% | |
| Holdings | 61 | 108 | |
| YTD Return | +0.62% | +19.68% | |
| 1Y Return | +23.61% | +26.75% | |
| 3Y Return (annualized) | +17.32% | +26.25% | |
| 5Y Return (annualized) | - | +15.39% | |
| Volatility (annualized) | 12.2% | 30.6% | |
| Max Drawdown | -13.4% | -83.0% | |
| Fund Family | BlackRock, Inc. (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 19, 2023 | Mar 10, 1999 |
BLCV vs QQQ Performance
iShares Large Cap Value Active ETF (BLCV) is a ETF from BlackRock, Inc. (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BLCV returned +23.61% while QQQ returned +26.75%. Year to date, BLCV is up 0.62% versus a gain of 19.68% for QQQ.
Over three years, BLCV compounded at +17.32% per year against +26.25% for QQQ. Across the full 3-year window we track, BLCV has the edge at +17.32% annualized vs +13.15%. 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 12.2% for BLCV. 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 -13.4% for BLCV 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BLCV charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, BLCV currently yields 1.26% against 0.41% for QQQ.
Holdings Overlap
BLCV and QQQ share 12 holdings out of 147 unique holdings combined, representing a 20.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BLCV or QQQ?
BLCV has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, BLCV or QQQ?
Over the past year BLCV returned +23.61% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), BLCV annualized +17.32% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, BLCV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.2% for BLCV. Worst drawdown: BLCV -13.4% vs QQQ -83.0%.
Should I hold both BLCV and QQQ?
BLCV and QQQ have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BLCV and QQQ?
BLCV and QQQ share 12 common holdings with a 20.7% weight overlap. Combined, they hold 147 unique securities.
Which pays a higher dividend, BLCV or QQQ?
BLCV yields 1.26% while QQQ yields 0.41%, so BLCV currently pays the higher dividend yield.
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