LRGC vs QQQ
AB US Large Cap Strategic Equities ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | LRGC | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.18% | |
| AUM | $1.4B | $496.3B | |
| Dividend Yield | 0.53% | 0.44% | |
| Holdings | 74 | 108 | |
| YTD Return | +10.77% | +16.64% | |
| 1Y Return | +17.91% | +27.27% | |
| 3Y Return (annualized) | +21.42% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 12.8% | 30.6% | |
| Max Drawdown | -19.4% | -83.0% | |
| Fund Family | AllianceBernstein L.P. | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 20, 2023 | Mar 10, 1999 |
LRGC vs QQQ Performance
AB US Large Cap Strategic Equities ETF (LRGC) is a ETF from AllianceBernstein L.P. and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LRGC returned +17.91% while QQQ returned +27.27%. Year to date, LRGC is up 10.77% versus a gain of 16.64% for QQQ.
Over three years, LRGC compounded at +21.42% per year against +25.96% for QQQ. Across the full 3-year window we track, LRGC has the edge at +21.42% annualized vs +13.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.8% for LRGC. 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 -19.4% for LRGC 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LRGC charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, LRGC currently yields 0.53% against 0.44% for QQQ.
Holdings Overlap
LRGC and QQQ share 23 holdings out of 150 unique holdings combined, representing a 44.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LRGC or QQQ?
LRGC has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, LRGC or QQQ?
Over the past year LRGC returned +17.91% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), LRGC annualized +21.42% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, LRGC or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.8% for LRGC. Worst drawdown: LRGC -19.4% vs QQQ -83.0%.
Should I hold both LRGC and QQQ?
LRGC and QQQ have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LRGC and QQQ?
LRGC and QQQ share 23 common holdings with a 44.4% weight overlap. Combined, they hold 150 unique securities.
Which pays a higher dividend, LRGC or QQQ?
LRGC yields 0.53% while QQQ yields 0.44%, so LRGC currently pays the higher dividend yield.
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