IBGA vs QQQ
iShares iBonds Dec 2044 Term Treasury ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
IBGA has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | IBGA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.18% | |
| AUM | $103M | $496.3B | |
| Dividend Yield | 4.77% | 0.44% | |
| Holdings | 9 | 108 | |
| YTD Return | -2.37% | +19.52% | |
| 1Y Return | +0.07% | +26.68% | |
| 3Y Return (annualized) | - | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 8.8% | 30.6% | |
| Max Drawdown | -11.1% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 11, 2024 | Mar 10, 1999 |
IBGA vs QQQ Performance
iShares iBonds Dec 2044 Term Treasury ETF (IBGA) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IBGA returned +0.07% while QQQ returned +26.68%. Year to date, IBGA is down 2.37% versus a gain of 19.52% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 8.8% for IBGA. 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 -11.1% for IBGA and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.12. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IBGA charges 0.07% per year while QQQ charges 0.18%. On a $10,000 position that is $7 vs $18 annually, a gap of $11 per year that compounds over a long holding period. On income, IBGA currently yields 4.77% against 0.44% for QQQ.
Holdings Overlap
IBGA and QQQ share 0 holdings out of 111 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IBGA or QQQ?
IBGA has an expense ratio of 0.07% while QQQ charges 0.18%. IBGA is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, IBGA or QQQ?
Over the past year IBGA returned +0.07% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), IBGA annualized +1.41% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, IBGA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 8.8% for IBGA. Worst drawdown: IBGA -11.1% vs QQQ -83.0%.
Should I hold both IBGA and QQQ?
IBGA and QQQ have a monthly-return correlation of 0.12, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBGA and QQQ?
IBGA and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 111 unique securities.
Which pays a higher dividend, IBGA or QQQ?
IBGA yields 4.77% while QQQ yields 0.44%, so IBGA currently pays the higher dividend yield.
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