LRGC vs QQQ
AB US Large Cap Strategic Equities ETF vs Invesco QQQ Trust, Series 1
Which is better, LRGC or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. LRGC is less concentrated, with 44.3% of the fund in its ten largest positions against 47.2%.
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 | LRGC | QQQ |
|---|---|---|
| Expense Ratio | 0.39% | 0.18%Best |
| AUM | $1.4B | $498.6B |
| Dividend Yield | 0.52% | 0.42% |
| Holdings | 72 | 321 |
| YTD Return | +11.05% | +22.67%Best |
| 1Y Return | +12.71% | +24.33%Best |
| 3Y Return (annualized) | +22.45% | +29.05%Best |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 12.5%Best | 17.0% |
| Max Drawdown | -19.4%Best | -22.8% |
| $10,000 over 3 years | $17,554 | $20,741Best |
| Top 10 Weight | 44.3%Best | 47.2% |
| Fund Family | AllianceBernstein L.P. | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 20, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 20, 2023 to Oct 2, 2026 (3 years).
LRGC 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.
LRGC vs QQQ Performance
AB US Large Cap Strategic Equities ETF (LRGC) is an ETF from AllianceBernstein L.P. and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LRGC returned +12.71% while QQQ returned +24.33%. Year to date, LRGC is up 11.05% versus a gain of 22.67% for QQQ.
Over three years, LRGC compounded at +22.45% per year against +29.05% 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 17.0% compared with 12.5% 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 -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 0.85. 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 0.52% against 0.42% for QQQ.
Holdings Overlap
51.9% of LRGC's money is in holdings QQQ also owns. 54.2% of QQQ's money is in holdings LRGC also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 69 positions we hold weights for in LRGC and 102 in QQQ, against full books of 72 and 321.
What only one of them owns
Our book lists 74 positions for QQQ that do not appear in our book for LRGC (43.6% of the fund), and 43 for LRGC that do not appear in QQQ (44.2%).
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 LRGC | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.18% | 8.45% | 0.27% |
| AAPLApple, Inc | 5.73% | 7.80% | 2.07% |
| MSFTMicrosoft Corp | 6.42% | 5.88% | 0.54% |
| AMZNAmazon.Com Inc | 4.82% | 4.41% | 0.41% |
| GOOGAlphabet Inc. C | 5.95% | 2.93% | 3.02% |
| METAMeta Platforms Inc | 3.21% | 3.07% | 0.14% |
| AVGOBroadcom Inc | 3.12% | 2.74% | 0.38% |
| MUMicron Technology, Inc. | 0.70% | 4.85% | 4.15% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.60% | 1.95% | 0.35% |
| AMATApplied Materials, Inc. | 1.55% | 1.60% | 0.05% |
54.2% of QQQ is already inside LRGC.
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, LRGC or QQQ?
LRGC has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, LRGC or QQQ?
Over the past year LRGC returned +12.71% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LRGC or QQQ?
QQQ has been the more volatile fund at 17.0% annualized versus 12.5% for LRGC. Worst drawdown: LRGC -19.4% vs QQQ -22.8%.
Should I hold both LRGC and QQQ?
LRGC and QQQ have a monthly-return correlation of 0.85, 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 LRGC and QQQ?
54.2% of QQQ's money is in holdings LRGC also owns. 54.2% of QQQ's is in holdings LRGC also owns. They hold 22 positions in common, counted across the 69 positions we hold weights for in LRGC and 102 in QQQ.
Which pays a higher dividend, LRGC or QQQ?
LRGC yields 0.52% while QQQ yields 0.42%, so LRGC currently pays the higher dividend yield.
Is QQQ better than LRGC?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. LRGC is less concentrated, with 44.3% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.