QQQ vs RONB
Invesco QQQ Trust, Series 1 vs Baron First Principles ETF
Which is better, QQQ or RONB?
QQQ costs less.
QQQ has a lower expense ratio. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 77.0%.
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 | QQQ | RONB |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.00% |
| AUM | $483.5B | - |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 25 |
| YTD Return | +21.22%Best | -3.96% |
| 1Y Return | +23.58% | - |
| 3Y Return (annualized) | +28.18% | - |
| 5Y Return (annualized) | +15.82% | - |
| Top 10 Weight | 46.5%Best | 77.0% |
| Fund Family | Invesco (US) | Baron Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Dec 12, 2025 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QQQ vs RONB 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs RONB Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Baron First Principles ETF (RONB) is an ETF from Baron Funds. Year to date, QQQ is up 21.22% versus a loss of 3.96% for RONB.
Past performance does not guarantee future results.
Fees and Cost Over Time
QQQ charges 0.18% per year while RONB charges 1.00%. On a $10,000 position that is $18 vs $100 annually, a gap of $82 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for RONB.
Holdings Overlap
4.7% of QQQ's money is in holdings RONB also owns. 54.0% of RONB's money is in holdings QQQ also owns.
The two portfolios partly overlap.
5 positions in common, counted across the 102 positions we hold weights for in QQQ and 21 in RONB, against full books of 107 and 25.
What only one of them owns
Our book lists 14 positions for RONB that do not appear in our book for QQQ (39.3% of the fund), and 92 for QQQ that do not appear in RONB (93.6%).
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.
54.0% of RONB 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, QQQ or RONB?
QQQ has an expense ratio of 0.18% while RONB charges 1.00%. QQQ is the cheaper option, by $82 a year on a $10,000 investment.
What is the holdings overlap between QQQ and RONB?
54.0% of RONB's money is in holdings QQQ also owns. 54.0% of RONB's is in holdings QQQ also owns. They hold 5 positions in common, counted across the 102 positions we hold weights for in QQQ and 21 in RONB.
Which pays a higher dividend, QQQ or RONB?
QQQ yields 0.44% while RONB yields 0.00%, so QQQ currently pays the higher dividend yield.
Is RONB better than QQQ?
QQQ has a lower expense ratio. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 77.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.