LRGG vs QQQ
Nomura Focused Large Growth ETF vs Invesco QQQ Trust, Series 1
Which is better, LRGG 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 46.5% of the fund in its ten largest positions against 70.2%.
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 | LRGG | QQQ |
|---|---|---|
| Expense Ratio | 0.44% | 0.18%Best |
| AUM | $293M | $483.5B |
| Dividend Yield | 0.15% | 0.44% |
| Holdings | 21 | 107 |
| YTD Return | +1.21% | +17.95%Best |
| 1Y Return | +0.10% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 12.6%Best | 17.6% |
| Max Drawdown | -18.9%Best | -22.8% |
| $10,000 over 2.3 years | $11,706 | $15,978Best |
| Top 10 Weight | 70.2% | 46.5%Best |
| Fund Family | Nomura Asset Management Co Ltd | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 14, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: May 15, 2024 to Sep 18, 2026 (2.3 years).
LRGG 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 2.3 years both funds cover.
LRGG vs QQQ Performance
Nomura Focused Large Growth ETF (LRGG) is an ETF from Nomura Asset Management Co Ltd and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LRGG returned +0.10% while QQQ returned +21.77%. Year to date, LRGG is up 1.21% versus a gain of 17.95% 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 17.6% compared with 12.6% for LRGG. 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 -18.9% for LRGG 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LRGG charges 0.44% per year while QQQ charges 0.18%. On a $10,000 position that is $44 vs $18 annually, a gap of $26 per year that compounds over a long holding period. On income, LRGG currently yields 0.15% against 0.44% for QQQ.
Holdings Overlap
52.1% of LRGG's money is in holdings QQQ also owns. 30.5% of QQQ's money is in holdings LRGG also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 21 positions we hold weights for in LRGG and 102 in QQQ, against full books of 21 and 107.
What only one of them owns
Our book lists 90 positions for QQQ that do not appear in our book for LRGG (67.7% of the fund), and 12 for LRGG that do not appear in QQQ (39.1%).
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 LRGG | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 16.50% | 8.44% | 8.06% |
| MSFTMicrosoft Corp | 8.80% | 5.76% | 3.04% |
| AAPLApple, Inc | 6.82% | 7.27% | 0.45% |
| GOOGAlphabet Inc | 10.72% | 3.13% | 7.59% |
| AMZNAmazon.Com Inc | 3.61% | 4.67% | 1.06% |
| ISRGIntuitive Surgical Inc. | 4.31% | 0.58% | 3.73% |
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 1.35% | 0.68% | 0.67% |
52.1% of LRGG 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, LRGG or QQQ?
LRGG has an expense ratio of 0.44% while QQQ charges 0.18%. QQQ is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, LRGG or QQQ?
Over the past year LRGG returned +0.10% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), LRGG annualized +7.09% vs +22.60% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LRGG or QQQ?
QQQ has been the more volatile fund at 17.6% annualized versus 12.6% for LRGG. Worst drawdown: LRGG -18.9% vs QQQ -22.8%.
Should I hold both LRGG and QQQ?
LRGG and QQQ have a monthly-return correlation of 0.70, 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 LRGG and QQQ?
52.1% of LRGG's money is in holdings QQQ also owns. 30.5% of QQQ's is in holdings LRGG also owns. They hold 7 positions in common, counted across the 21 positions we hold weights for in LRGG and 102 in QQQ.
Which pays a higher dividend, LRGG or QQQ?
LRGG yields 0.15% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than LRGG?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 70.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.