JGRW vs QQQ
Jensen Quality Growth ETF vs Invesco QQQ Trust, Series 1
Which is better, JGRW 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 46.9% of the fund in its ten largest positions against 56.3%.
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 | JGRW | QQQ |
|---|---|---|
| Expense Ratio | 0.57% | 0.18%Best |
| AUM | $62M | $437.3B |
| Dividend Yield | 0.38% | 0.43% |
| Holdings | 61 | 208 |
| YTD Return | +9.73% | +12.98%Best |
| 1Y Return | +9.15% | +11.59%Best |
| 3Y Return (annualized) | - | +23.05% |
| 5Y Return (annualized) | - | +12.74% |
| Volatility (annualized) | 11.3%Best | 18.4% |
| Max Drawdown | -14.6%Best | -22.8% |
| $10,000 over 2.2 years | $11,593 | $14,973Best |
| Top 10 Weight | 56.3% | 46.9%Best |
| Fund Family | Jensen Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 13, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 13, 2024 to Nov 11, 2026 (2.2 years).
JGRW 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 2.2 years both funds cover.
JGRW vs QQQ Performance
Jensen Quality Growth ETF (JGRW) is an ETF from Jensen Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JGRW returned +9.15% while QQQ returned +11.59%. Year to date, JGRW is up 9.73% versus a gain of 12.98% 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 18.4% compared with 11.3% for JGRW. 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 -14.6% for JGRW 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 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JGRW charges 0.57% per year while QQQ charges 0.18%. On a $10,000 position that is $57 vs $18 annually, a gap of $39 per year that compounds over a long holding period. On income, JGRW currently yields 0.38% against 0.43% for QQQ.
Holdings Overlap
50.0% of JGRW's money is in holdings QQQ also owns. 34.4% of QQQ's money is in holdings JGRW also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 29 positions we hold weights for in JGRW and 101 in QQQ, against full books of 61 and 208.
What only one of them owns
Our book lists 82 positions for QQQ that do not appear in our book for JGRW (62.8% of the fund), and 17 for JGRW that do not appear in QQQ (50.0%).
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 JGRW | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 7.69% | 6.16% | 1.53% |
| NVDANvidia Corp | 5.18% | 8.05% | 2.87% |
| AAPLApple Inc | 5.45% | 7.68% | 2.23% |
| AMZNAmazon.Com Inc | 7.35% | 4.23% | 3.12% |
| GOOGLAlphabet Inc | 7.30% | 3.15% | 4.15% |
| AVGOBroadcom Inc | 4.46% | 2.52% | 1.94% |
| KLACKla Corp. | 2.53% | 0.97% | 1.56% |
| CDNSCadence Design | 2.71% | 0.38% | 2.33% |
| CTASCintas Corp | 2.68% | 0.36% | 2.32% |
| IDXXIdexx Laboratories Inc. | 2.06% | 0.18% | 1.88% |
50.0% of JGRW 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, JGRW or QQQ?
JGRW has an expense ratio of 0.57% while QQQ charges 0.18%. QQQ is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, JGRW or QQQ?
Over the past year JGRW returned +9.15% vs +11.59% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), JGRW annualized +6.95% vs +20.14% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JGRW or QQQ?
QQQ has been the more volatile fund at 18.4% annualized versus 11.3% for JGRW. Worst drawdown: JGRW -14.6% vs QQQ -22.8%.
Should I hold both JGRW and QQQ?
JGRW and QQQ have a monthly-return correlation of 0.57, 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 JGRW and QQQ?
50.0% of JGRW's money is in holdings QQQ also owns. 34.4% of QQQ's is in holdings JGRW also owns. They hold 12 positions in common, counted across the 29 positions we hold weights for in JGRW and 101 in QQQ.
Which pays a higher dividend, JGRW or QQQ?
JGRW yields 0.38% while QQQ yields 0.43%, so QQQ currently pays the higher dividend yield.
Is QQQ better than JGRW?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.9% of the fund in its ten largest positions against 56.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.