GRW vs QQQ
TCW Durable Growth ETF vs Invesco QQQ Trust, Series 1
Which is better, GRW or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 51.9%.
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 | GRW | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $62M | $498.6B |
| Dividend Yield | 0.26% | 0.42% |
| Holdings | 64 | 321 |
| YTD Return | -0.38% | +21.44%Best |
| 1Y Return | -3.12% | +23.58%Best |
| 3Y Return (annualized) | - | +27.86% |
| 5Y Return (annualized) | - | +16.25% |
| Volatility (annualized) | 16.3%Best | 17.3% |
| Max Drawdown | -31.5% | -22.8%Best |
| $10,000 over 2.4 years | $9,620 | $17,071Best |
| Top 10 Weight | 51.9% | 47.2%Best |
| Fund Family | TCW ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 5, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 7, 2024 to Oct 1, 2026 (2.4 years).
GRW 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 2.4 years both funds cover.
GRW vs QQQ Performance
TCW Durable Growth ETF (GRW) is an ETF from TCW ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GRW returned -3.12% while QQQ returned +23.58%. Year to date, GRW is down 0.38% versus a gain of 21.44% 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 17.3% compared with 16.3% for GRW. 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 -31.5% for GRW 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 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GRW charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, GRW currently yields 0.26% against 0.42% for QQQ.
Holdings Overlap
38.7% of GRW's money is in holdings QQQ also owns. 28.9% of QQQ's money is in holdings GRW also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 30 positions we hold weights for in GRW and 102 in QQQ, against full books of 64 and 321.
What only one of them owns
Our book lists 85 positions for QQQ that do not appear in our book for GRW (68.8% of the fund), and 16 for GRW that do not appear in QQQ (50.2%).
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 GRW | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.32% | 8.45% | 2.13% |
| MSFTMicrosoft Corp | 5.80% | 5.88% | 0.08% |
| AVGOBroadcom Inc | 5.95% | 2.74% | 3.21% |
| GOOGLAlphabet Inc,class A | 4.62% | 3.15% | 1.47% |
| AMZNAmazon.Com Inc | 1.97% | 4.41% | 2.44% |
| ORLYO'Eilly Automotive, Inc. | 3.42% | 0.31% | 3.11% |
| CRWDCrowdstrike Holdings Inc | 2.66% | 0.93% | 1.73% |
| NFLXNetflix, Inc. | 2.04% | 1.44% | 0.60% |
| DDOGDatadog Inc | 2.89% | 0.32% | 2.57% |
| LINLinde Plc Ordinary Shares | 1.52% | 0.95% | 0.57% |
38.7% of GRW 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, GRW or QQQ?
GRW has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, GRW or QQQ?
Over the past year GRW returned -3.12% vs +23.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), GRW annualized -1.60% vs +24.96% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GRW or QQQ?
QQQ has been the more volatile fund at 17.3% annualized versus 16.3% for GRW. Worst drawdown: GRW -31.5% vs QQQ -22.8%.
Should I hold both GRW and QQQ?
GRW and QQQ have a monthly-return correlation of 0.54, 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 GRW and QQQ?
38.7% of GRW's money is in holdings QQQ also owns. 28.9% of QQQ's is in holdings GRW also owns. They hold 11 positions in common, counted across the 30 positions we hold weights for in GRW and 102 in QQQ.
Which pays a higher dividend, GRW or QQQ?
GRW yields 0.26% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than GRW?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 51.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.