HWGV vs QQQ
Hotchkis & Wiley Global Value Fund ETF vs Invesco QQQ Trust, Series 1
Which is better, HWGV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. HWGV is less concentrated, with 31.2% 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 | HWGV | QQQ |
|---|---|---|
| Expense Ratio | 0.70% | 0.18%Best |
| AUM | $501,019.16 | $483.5B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 62 | 107 |
| YTD Return | +0.77% | +15.94%Best |
| 1Y Return | - | +20.44% |
| 3Y Return (annualized) | - | +24.86% |
| 5Y Return (annualized) | - | +14.26% |
| Top 10 Weight | 31.2%Best | 46.5% |
| Fund Family | Hotchkis & Wiley Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Aug 27, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
HWGV 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.
HWGV vs QQQ Performance
Hotchkis & Wiley Global Value Fund ETF (HWGV) is an ETF from Hotchkis & Wiley Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, HWGV is up 0.77% versus a gain of 15.94% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
HWGV charges 0.70% per year while QQQ charges 0.18%. On a $10,000 position that is $70 vs $18 annually, a gap of $52 per year that compounds over a long holding period. On income, HWGV currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
17.1% of HWGV's money is in holdings QQQ also owns. 5.8% of QQQ's money is in holdings HWGV also owns.
HWGV and QQQ share little of their money.
9 positions in common, counted across the 62 positions we hold weights for in HWGV and 102 in QQQ, against full books of 62 and 107.
What only one of them owns
Our book lists 87 positions for QQQ that do not appear in our book for HWGV (91.7% of the fund), and 29 for HWGV that do not appear in QQQ (46.5%).
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 HWGV | Weight in QQQ | Difference |
|---|---|---|---|
| WDAYWorkday, Inc., Class A | 6.31% | 0.15% | 6.16% |
| GOOGLAlphabet Inc,class A | 0.86% | 3.36% | 2.50% |
| GEHCGe Healthcare Technologies Inc | 3.28% | 0.14% | 3.14% |
| CMCSAComcast Corp-class A Cmcsa | 2.21% | 0.39% | 1.82% |
| MDLZMondelez International Inc Com A Npv | 1.90% | 0.35% | 1.55% |
| PCARPaccar Inc. | 1.14% | 0.31% | 0.83% |
| QCOMQualcomm Inc. | 0.37% | 0.73% | 0.36% |
| KHCKraft Heinz Co. | 0.69% | 0.13% | 0.56% |
| HONAHoneywell Aerospace Inc | 0.37% | 0.28% | 0.09% |
You are not choosing between two funds in isolation.
Whichever of HWGV 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, HWGV or QQQ?
HWGV has an expense ratio of 0.70% while QQQ charges 0.18%. QQQ is the cheaper option, by $52 a year on a $10,000 investment.
What is the holdings overlap between HWGV and QQQ?
17.1% of HWGV's money is in holdings QQQ also owns. 5.8% of QQQ's is in holdings HWGV also owns. They hold 9 positions in common, counted across the 62 positions we hold weights for in HWGV and 102 in QQQ.
Which pays a higher dividend, HWGV or QQQ?
HWGV yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than HWGV?
QQQ has a lower expense ratio. HWGV is less concentrated, with 31.2% 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.