GRF vs QQQ
Eagle Capital Growth Fund Inc. vs Invesco QQQ Trust, Series 1
Which is better, GRF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | GRF | QQQ |
|---|---|---|
| Expense Ratio | 1.61% | 0.18%Best |
| AUM | $40M | $483.5B |
| Dividend Yield | 8.34% | 0.44% |
| Holdings | 26 | 107 |
| YTD Return | -4.30% | +17.95%Best |
| 1Y Return | +4.39% | +21.77%Best |
| 3Y Return (annualized) | +5.08% | +25.63%Best |
| 5Y Return (annualized) | +4.77% | +15.24%Best |
| Volatility (annualized) | 93.3% | 18.3%Best |
| Max Drawdown | -89.1% | -53.5%Best |
| $10,000 over 5 years | $12,624 | $20,324Best |
| Fund Family | Eagle Capital Growth Fund Inc. | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jul 2, 1990 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 23, 2004 to Sep 18, 2026 (22.7 years).
GRF 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GRF vs QQQ Performance
Eagle Capital Growth Fund Inc. (GRF) is an ETF from Eagle Capital Growth Fund Inc. and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GRF returned +4.39% while QQQ returned +21.77%. Year to date, GRF is down 4.30% versus a gain of 17.95% for QQQ.
Over three years, GRF compounded at +5.08% per year against +25.63% for QQQ; over five years the annualized figures are +4.77% and +15.24% respectively. Across the full 23-year window we track, QQQ has the edge at +14.04% annualized vs +1.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GRF has been the more volatile fund, with annualized monthly volatility of 93.3% compared with 18.3% for QQQ. 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 -89.1% for GRF and -53.5% 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 0.00. They move largely independently of each other.
Fees and Cost Over Time
GRF charges 1.61% per year while QQQ charges 0.18%. On a $10,000 position that is $161 vs $18 annually, a gap of $143 per year that compounds over a long holding period. On income, GRF currently yields 8.34% against 0.44% for QQQ.
Holdings Overlap
At least 9.7% of QQQ's money is in holdings GRF also owns.
Stated as a floor: for GRF, our book for it covers 87.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and GRF share little of their money.
7 positions in common, counted across the 22 positions we hold weights for in GRF and 102 in QQQ, against full books of 26 and 107.
Top Shared Holdings
| Stock | Weight in GRF | Weight in QQQ | Difference |
|---|---|---|---|
| GOOGLAlphabet Inc,class A | 8.88% | 3.36% | 5.52% |
| AMZNAmazon.Com Inc | 4.44% | 4.67% | 0.23% |
| ORLYO'Eilly Automotive, Inc. | 3.65% | 0.34% | 3.31% |
| SBUXStarbucks Corp | 2.54% | 0.53% | 2.01% |
| ADPAutomatic Data Processing, Inc. | 1.39% | 0.47% | 0.92% |
| KHCKraft Heinz Co. | 1.42% | 0.13% | 1.29% |
| PAYXPaychex, Inc. | 1.22% | 0.19% | 1.03% |
You are not choosing between two funds in isolation.
Whichever of GRF and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GRF or QQQ?
GRF has an expense ratio of 1.61% while QQQ charges 0.18%. QQQ is the cheaper option, by $143 a year on a $10,000 investment.
Which performed better, GRF or QQQ?
Over the past year GRF returned +4.39% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (23 years), GRF annualized +1.49% vs +14.04% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GRF or QQQ?
GRF has been the more volatile fund at 93.3% annualized versus 18.3% for QQQ. Worst drawdown: GRF -89.1% vs QQQ -53.5%.
Should I hold both GRF and QQQ?
GRF and QQQ have a monthly-return correlation of 0.00, 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 GRF and QQQ?
At least 9.7% of QQQ's money is in holdings GRF also owns. Our book for GRF is partial, so the real figure is this or higher. They hold 7 positions in common, counted across the 22 positions we hold weights for in GRF and 102 in QQQ.
Which pays a higher dividend, GRF or QQQ?
GRF yields 8.34% while QQQ yields 0.44%, so GRF currently pays the higher dividend yield.
Is QQQ better than GRF?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.