LQAI vs QQQ
LG QRAFT AI-Powered US Large Cap Core ETF vs Invesco QQQ Trust, Series 1
Which is better, LQAI or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. LQAI led over 1Y, QQQ over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. LQAI is less concentrated, with 39.6% of the fund in its ten largest positions against 46.9%.
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 | LQAI | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $2M | $437.3B |
| Dividend Yield | 0.90% | 0.43% |
| Holdings | 201 | 208 |
| YTD Return | +15.56%Best | +12.98% |
| 1Y Return | +12.94%Best | +11.59% |
| 3Y Return (annualized) | +21.96% | +23.05%Best |
| 5Y Return (annualized) | - | +12.74% |
| Volatility (annualized) | 14.9%Best | 17.1% |
| Max Drawdown | -21.2%Best | -22.8% |
| $10,000 over 3 years | $18,257 | $18,795Best |
| Top 10 Weight | 39.6%Best | 46.9% |
| Fund Family | QRAFT AI ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Nov 7, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Nov 7, 2023 to Nov 11, 2026 (3 years).
LQAI 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 3 years both funds cover.
LQAI vs QQQ Performance
LG QRAFT AI-Powered US Large Cap Core ETF (LQAI) is an ETF from QRAFT AI ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LQAI returned +12.94% while QQQ returned +11.59%. Year to date, LQAI is up 15.56% versus a gain of 12.98% for QQQ.
Over three years, LQAI compounded at +21.96% per year against +23.05% 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 17.1% compared with 14.9% for LQAI. 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 -21.2% for LQAI 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
LQAI 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, LQAI currently yields 0.90% against 0.43% for QQQ.
Holdings Overlap
48.9% of LQAI's money is in holdings QQQ also owns. 64.8% of QQQ's money is in holdings LQAI also owns.
The two portfolios partly overlap.
34 positions in common, counted across the 99 positions we hold weights for in LQAI and 101 in QQQ, against full books of 201 and 208.
What only one of them owns
Our book lists 59 positions for QQQ that do not appear in our book for LQAI (32.4% of the fund), and 55 for LQAI that do not appear in QQQ (39.6%).
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 LQAI | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.30% | 8.05% | 3.75% |
| AAPLApple Inc | 4.01% | 7.68% | 3.67% |
| MSFTMicrosoft Corp | 3.82% | 6.16% | 2.34% |
| MUMicron Technology, Inc. | 4.14% | 4.47% | 0.33% |
| METAMeta Platforms Inc | 5.11% | 3.37% | 1.74% |
| AMDAdvanced Micro Devices Inc | 4.08% | 3.90% | 0.18% |
| SPCXSpace Exploration Technologies | 3.94% | 2.71% | 1.23% |
| TSLATesla Inc | 2.96% | 2.93% | 0.03% |
| AMZNAmazon.Com Inc | 0.43% | 4.23% | 3.80% |
| SNDKVSandisk Corp. | 3.61% | 0.87% | 2.74% |
64.8% of QQQ is already inside LQAI.
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, LQAI or QQQ?
LQAI 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, LQAI or QQQ?
Over the past year LQAI returned +12.94% vs +11.59% for QQQ, so LQAI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LQAI or QQQ?
QQQ has been the more volatile fund at 17.1% annualized versus 14.9% for LQAI. Worst drawdown: LQAI -21.2% vs QQQ -22.8%.
Should I hold both LQAI and QQQ?
LQAI and QQQ have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between LQAI and QQQ?
64.8% of QQQ's money is in holdings LQAI also owns. 64.8% of QQQ's is in holdings LQAI also owns. They hold 34 positions in common, counted across the 99 positions we hold weights for in LQAI and 101 in QQQ.
Which pays a higher dividend, LQAI or QQQ?
LQAI yields 0.90% while QQQ yields 0.43%, so LQAI currently pays the higher dividend yield.
Is QQQ better than LQAI?
QQQ has a lower expense ratio. LQAI led over 1Y, QQQ over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. LQAI is less concentrated, with 39.6% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.