LGI vs QQQ
Lazard Global Total Return and Income Fund vs Invesco QQQ Trust, Series 1
Which is better, LGI or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. LGI is less concentrated, with 35.6% 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 | LGI | QQQ |
|---|---|---|
| Expense Ratio | 1.72% | 0.18%Best |
| AUM | - | $483.5B |
| Dividend Yield | 9.75% | 0.44% |
| Holdings | 108 | 107 |
| YTD Return | +5.91% | +15.21%Best |
| 1Y Return | +7.87% | +19.78%Best |
| 3Y Return (annualized) | +17.47% | +24.58%Best |
| 5Y Return (annualized) | +5.50% | +13.93%Best |
| Volatility (annualized) | 19.5% | 18.3%Best |
| Max Drawdown | -67.2% | -53.5%Best |
| $10,000 over 5 years | $13,070 | $19,195Best |
| Top 10 Weight | 35.6%Best | 46.5% |
| Fund Family | Lazard Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Apr 28, 2004 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: May 24, 2004 to Sep 16, 2026 (22.3 years).
LGI 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.
LGI vs QQQ Performance
Lazard Global Total Return and Income Fund (LGI) is an ETF from Lazard Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LGI returned +7.87% while QQQ returned +19.78%. Year to date, LGI is up 5.91% versus a gain of 15.21% for QQQ.
Over three years, LGI compounded at +17.47% per year against +24.58% for QQQ; over five years the annualized figures are +5.50% and +13.93% respectively. Across the full 22-year window we track, QQQ has the edge at +14.53% annualized vs +1.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGI has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 18.3% for QQQ. 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 -67.2% for LGI and -53.5% 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LGI charges 1.72% per year while QQQ charges 0.18%. On a $10,000 position that is $172 vs $18 annually, a gap of $154 per year that compounds over a long holding period. On income, LGI currently yields 9.75% against 0.44% for QQQ.
Holdings Overlap
17.2% of LGI's money is in holdings QQQ also owns. 24.9% of QQQ's money is in holdings LGI also owns.
QQQ and LGI share little of their money.
6 positions in common, counted across the 69 positions we hold weights for in LGI and 102 in QQQ, against full books of 108 and 107.
What only one of them owns
Our book lists 90 positions for QQQ that do not appear in our book for LGI (72.6% of the fund), and 26 for LGI that do not appear in QQQ (35.9%).
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.
24.9% of QQQ is already inside LGI.
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, LGI or QQQ?
LGI has an expense ratio of 1.72% while QQQ charges 0.18%. QQQ is the cheaper option, by $154 a year on a $10,000 investment.
Which performed better, LGI or QQQ?
Over the past year LGI returned +7.87% vs +19.78% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (22 years), LGI annualized +1.67% vs +14.53% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LGI or QQQ?
LGI has been the more volatile fund at 19.5% annualized versus 18.3% for QQQ. Worst drawdown: LGI -67.2% vs QQQ -53.5%.
Should I hold both LGI and QQQ?
LGI and QQQ have a monthly-return correlation of 0.76, 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 LGI and QQQ?
24.9% of QQQ's money is in holdings LGI also owns. 24.9% of QQQ's is in holdings LGI also owns. They hold 6 positions in common, counted across the 69 positions we hold weights for in LGI and 102 in QQQ.
Which pays a higher dividend, LGI or QQQ?
LGI yields 9.75% while QQQ yields 0.44%, so LGI currently pays the higher dividend yield.
Is QQQ better than LGI?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. LGI is less concentrated, with 35.6% 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.