CGVV vs QQQ
Capital Group US Large Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. CGVV offers more diversification with 134 holdings.
Side-by-Side Comparison
| Metric | CGVV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.18% | |
| AUM | $146M | $496.3B | |
| Dividend Yield | 0.85% | 0.44% | |
| Holdings | 134 | 108 | |
| YTD Return | +18.93% | +17.89% | |
| 1Y Return | +24.38% | +26.35% | |
| 3Y Return (annualized) | - | +26.02% | |
| 5Y Return (annualized) | - | +14.59% | |
| Volatility (annualized) | 13.9% | 30.6% | |
| Max Drawdown | -10.1% | -83.0% | |
| Fund Family | Capital Group (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 24, 2025 | Mar 10, 1999 |
CGVV vs QQQ Performance
Capital Group US Large Value ETF (CGVV) is a ETF from Capital Group (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CGVV returned +24.38% while QQQ returned +26.35%. Year to date, CGVV is up 18.93% versus a gain of 17.89% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.9% for CGVV. 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 -10.1% for CGVV 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CGVV charges 0.33% per year while QQQ charges 0.18%. On a $10,000 position that is $33 vs $18 annually, a gap of $15 per year that compounds over a long holding period. On income, CGVV currently yields 0.85% against 0.44% for QQQ.
Holdings Overlap
CGVV and QQQ share 17 holdings out of 151 unique holdings combined, representing a 26.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CGVV or QQQ?
CGVV has an expense ratio of 0.33% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, CGVV or QQQ?
Over the past year CGVV returned +24.38% vs +26.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), CGVV annualized +23.47% vs +13.07% for QQQ. Past performance does not guarantee future results.
Which is riskier, CGVV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.9% for CGVV. Worst drawdown: CGVV -10.1% vs QQQ -83.0%.
Should I hold both CGVV and QQQ?
CGVV and QQQ have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CGVV and QQQ?
CGVV and QQQ share 17 common holdings with a 26.6% weight overlap. Combined, they hold 151 unique securities.
Which pays a higher dividend, CGVV or QQQ?
CGVV yields 0.85% while QQQ yields 0.44%, so CGVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.