GROZ vs QQQ
Zacks Focus Growth ETF vs Invesco QQQ Trust, Series 1
Which is better, GROZ or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 59.0%.
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 | GROZ | QQQ |
|---|---|---|
| Expense Ratio | 0.55% | 0.18%Best |
| AUM | $122M | $498.6B |
| Dividend Yield | 0.04% | 0.42% |
| Holdings | 88 | 321 |
| YTD Return | +13.92% | +22.67%Best |
| 1Y Return | +16.19% | +24.33%Best |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 16.0%Best | 19.1% |
| Max Drawdown | -23.3% | -22.8%Best |
| $10,000 over 1.8 years | $13,518 | $14,441Best |
| Top 10 Weight | 59.0% | 47.2%Best |
| Fund Family | Zacks | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 9, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 5, 2024 to Oct 2, 2026 (1.8 years).
GROZ 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 1.8 years both funds cover.
GROZ vs QQQ Performance
Zacks Focus Growth ETF (GROZ) is an ETF from Zacks and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GROZ returned +16.19% while QQQ returned +24.33%. Year to date, GROZ is up 13.92% versus a gain of 22.67% 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 19.1% compared with 16.0% for GROZ. 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 -23.3% for GROZ and -22.8% 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GROZ charges 0.55% per year while QQQ charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, GROZ currently yields 0.04% against 0.42% for QQQ.
Holdings Overlap
67.8% of GROZ's money is in holdings QQQ also owns. 57.0% of QQQ's money is in holdings GROZ also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 43 positions we hold weights for in GROZ and 102 in QQQ, against full books of 88 and 321.
What only one of them owns
Our book lists 77 positions for QQQ that do not appear in our book for GROZ (40.8% of the fund), and 19 for GROZ that do not appear in QQQ (24.6%).
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 GROZ | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 10.34% | 7.80% | 2.54% |
| NVDANvidia Corp | 9.65% | 8.45% | 1.20% |
| MSFTMicrosoft Corp | 7.22% | 5.88% | 1.34% |
| GOOGLAlphabet Inc,class A | 7.20% | 3.15% | 4.05% |
| AMZNAmazon.Com Inc | 4.92% | 4.41% | 0.51% |
| MUMicron Technology, Inc. | 4.28% | 4.85% | 0.57% |
| AVGOBroadcom Inc | 5.28% | 2.74% | 2.54% |
| TSLATesla Inc | 3.50% | 2.92% | 0.58% |
| METAMeta Platforms Inc | 3.15% | 3.07% | 0.08% |
| AMDAdvanced Micro Devices Inc | 2.10% | 3.71% | 1.61% |
67.8% of GROZ 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, GROZ or QQQ?
GROZ has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, GROZ or QQQ?
Over the past year GROZ returned +16.19% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), GROZ annualized +18.23% vs +22.65% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GROZ or QQQ?
QQQ has been the more volatile fund at 19.1% annualized versus 16.0% for GROZ. Worst drawdown: GROZ -23.3% vs QQQ -22.8%.
Should I hold both GROZ and QQQ?
GROZ and QQQ have a monthly-return correlation of 0.92, 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 GROZ and QQQ?
67.8% of GROZ's money is in holdings QQQ also owns. 57.0% of QQQ's is in holdings GROZ also owns. They hold 19 positions in common, counted across the 43 positions we hold weights for in GROZ and 102 in QQQ.
Which pays a higher dividend, GROZ or QQQ?
GROZ yields 0.04% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than GROZ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 59.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.