CGGR vs QQQ
Capital Group Growth ETF vs Invesco QQQ Trust, Series 1
Which is better, CGGR or QQQ?
Nearly the same fund. QQQ costs less.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. CGGR is less concentrated, with 39.8% 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 | CGGR | QQQ |
|---|---|---|
| Expense Ratio | 0.39% | 0.18%Best |
| AUM | $25.1B | $483.5B |
| Dividend Yield | 0.15% | 0.44% |
| Holdings | 103 | 107 |
| YTD Return | +4.53% | +15.94%Best |
| 1Y Return | +5.57% | +20.44%Best |
| 3Y Return (annualized) | +22.80% | +24.86%Best |
| 5Y Return (annualized) | - | +14.26% |
| Volatility (annualized) | 19.4%Best | 20.9% |
| Max Drawdown | -28.9%Best | -29.6% |
| $10,000 over 4.6 years | $19,326 | $21,579Best |
| Top 10 Weight | 39.8%Best | 46.5% |
| Fund Family | Capital Group (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Feb 22, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Sep 14, 2026 (4.6 years).
CGGR 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 4.6 years both funds cover.
CGGR vs QQQ Performance
Capital Group Growth ETF (CGGR) is an ETF from Capital Group (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CGGR returned +5.57% while QQQ returned +20.44%. Year to date, CGGR is up 4.53% versus a gain of 15.94% for QQQ.
Over three years, CGGR compounded at +22.80% per year against +24.86% 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 20.9% compared with 19.4% for CGGR. 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 -28.9% for CGGR and -29.6% 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGGR charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, CGGR currently yields 0.15% against 0.44% for QQQ.
Holdings Overlap
54.5% of CGGR's money is in holdings QQQ also owns. 63.6% of QQQ's money is in holdings CGGR also owns.
The two portfolios partly overlap.
30 positions in common, counted across the 96 positions we hold weights for in CGGR and 102 in QQQ, against full books of 103 and 107.
What only one of them owns
Our book lists 68 positions for QQQ that do not appear in our book for CGGR (35.4% of the fund), and 55 for CGGR that do not appear in QQQ (39.4%).
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 CGGR | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.11% | 8.44% | 3.33% |
| MSFTMicrosoft Corp | 4.62% | 5.76% | 1.14% |
| AAPLApple, Inc | 2.37% | 7.27% | 4.90% |
| METAMeta Platforms Inc | 5.49% | 2.78% | 2.71% |
| MUMicron Technology, Inc. | 3.51% | 4.43% | 0.92% |
| AVGOBroadcom Inc | 4.73% | 3.16% | 1.57% |
| AMZNAmazon.Com Inc | 2.46% | 4.67% | 2.21% |
| TSLATesla Inc | 4.09% | 2.56% | 1.53% |
| GOOGLAlphabet Inc,class A | 3.05% | 3.36% | 0.31% |
| GOOGAlphabet Inc | 3.21% | 3.13% | 0.08% |
63.6% of QQQ is already inside CGGR.
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, CGGR or QQQ?
CGGR has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, CGGR or QQQ?
Over the past year CGGR returned +5.57% vs +20.44% 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, CGGR or QQQ?
QQQ has been the more volatile fund at 20.9% annualized versus 19.4% for CGGR. Worst drawdown: CGGR -28.9% vs QQQ -29.6%.
Should I hold both CGGR and QQQ?
CGGR and QQQ have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between CGGR and QQQ?
63.6% of QQQ's money is in holdings CGGR also owns. 63.6% of QQQ's is in holdings CGGR also owns. They hold 30 positions in common, counted across the 96 positions we hold weights for in CGGR and 102 in QQQ.
Which pays a higher dividend, CGGR or QQQ?
CGGR yields 0.15% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than CGGR?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. CGGR is less concentrated, with 39.8% 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.