CGVV vs QQQ
Capital Group US Large Value ETF vs Invesco QQQ Trust, Series 1
Which is better, CGVV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. CGVV is less concentrated, with 36.8% 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 | CGVV | QQQ |
|---|---|---|
| Expense Ratio | 0.33% | 0.18%Best |
| AUM | $144M | $483.5B |
| Dividend Yield | 0.81% | 0.44% |
| Holdings | 68 | 107 |
| YTD Return | +15.17% | +17.95%Best |
| 1Y Return | +18.51% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 13.9%Best | 19.7% |
| Max Drawdown | -10.1%Best | -12.0% |
| $10,000 over 1.2 years | $12,328 | $13,182Best |
| Top 10 Weight | 36.8%Best | 46.5% |
| Fund Family | Capital Group (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jun 24, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 26, 2025 to Sep 18, 2026 (1.2 years).
CGVV 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 1.2 years both funds cover.
CGVV vs QQQ Performance
Capital Group US Large Value ETF (CGVV) is an ETF from Capital Group (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CGVV returned +18.51% while QQQ returned +21.77%. Year to date, CGVV is up 15.17% versus a gain of 17.95% 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 19.7% 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 -12.0% 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 0.55. They move together some of the time, and apart the rest.
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 0.81% against 0.44% for QQQ.
Holdings Overlap
39.2% of CGVV's money is in holdings QQQ also owns. 36.1% of QQQ's money is in holdings CGVV also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 65 positions we hold weights for in CGVV and 102 in QQQ, against full books of 68 and 107.
What only one of them owns
Our book lists 80 positions for QQQ that do not appear in our book for CGVV (61.5% of the fund), and 46 for CGVV that do not appear in QQQ (55.3%).
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 CGVV | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.08% | 5.76% | 0.32% |
| AMZNAmazon.Com Inc | 7.16% | 4.67% | 2.49% |
| AAPLApple, Inc | 1.48% | 7.27% | 5.79% |
| METAMeta Platforms Inc | 3.64% | 2.78% | 0.86% |
| MUMicron Technology, Inc. | 1.78% | 4.43% | 2.65% |
| GOOGLAlphabet Inc,class A | 2.44% | 3.36% | 0.92% |
| INTCIntel Corporation | 3.41% | 2.23% | 1.18% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.84% | 2.10% | 0.26% |
| SBUXStarbucks Corp | 3.23% | 0.53% | 2.70% |
| CMCSAComcast Corp-class A Cmcsa | 2.28% | 0.39% | 1.89% |
39.2% of CGVV is already inside QQQ.
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, CGVV or QQQ?
CGVV has an expense ratio of 0.33% while QQQ charges 0.18%. QQQ is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, CGVV or QQQ?
Over the past year CGVV returned +18.51% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), CGVV annualized +19.05% vs +25.89% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGVV or QQQ?
QQQ has been the more volatile fund at 19.7% annualized versus 13.9% for CGVV. Worst drawdown: CGVV -10.1% vs QQQ -12.0%.
Should I hold both CGVV and QQQ?
CGVV and QQQ have a monthly-return correlation of 0.55, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CGVV and QQQ?
39.2% of CGVV's money is in holdings QQQ also owns. 36.1% of QQQ's is in holdings CGVV also owns. They hold 16 positions in common, counted across the 65 positions we hold weights for in CGVV and 102 in QQQ.
Which pays a higher dividend, CGVV or QQQ?
CGVV yields 0.81% while QQQ yields 0.44%, so CGVV currently pays the higher dividend yield.
Is QQQ better than CGVV?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. CGVV is less concentrated, with 36.8% 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.