LRGG vs QQQ
Nomura Focused Large Growth 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 | LRGG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.18% | |
| AUM | $305M | $496.3B | |
| Dividend Yield | 0.16% | 0.44% | |
| Holdings | 21 | 108 | |
| YTD Return | +1.07% | +16.64% | |
| 1Y Return | +0.63% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 12.7% | 30.6% | |
| Max Drawdown | -18.9% | -83.0% | |
| Fund Family | Nomura Asset Management Co Ltd | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 14, 2024 | Mar 10, 1999 |
LRGG vs QQQ Performance
Nomura Focused Large Growth ETF (LRGG) is a ETF from Nomura Asset Management Co Ltd and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LRGG returned +0.63% while QQQ returned +27.27%. Year to date, LRGG is up 1.07% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.7% 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 -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 0.70. 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 0.16% against 0.44% for QQQ.
Holdings Overlap
LRGG and QQQ share 6 holdings out of 116 unique holdings combined, representing a 28.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $26 per year of difference.
Which performed better, LRGG or QQQ?
Over the past year LRGG returned +0.63% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), LRGG annualized +7.27% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, LRGG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.7% for LRGG. Worst drawdown: LRGG -18.9% vs QQQ -83.0%.
Should I hold both LRGG and QQQ?
LRGG and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LRGG and QQQ?
LRGG and QQQ share 6 common holdings with a 28.8% weight overlap. Combined, they hold 116 unique securities.
Which pays a higher dividend, LRGG or QQQ?
LRGG yields 0.16% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.