QQQ vs SGLC
Invesco QQQ Trust, Series 1 vs SGI US Large Cap Core ETF
Which is better, QQQ or SGLC?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, SGLC over 1Y. SGLC is less concentrated, with 40.4% of the fund in its ten largest positions against 46.5%.
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 | SGLC |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.85% |
| AUM | $483.5B | $211M |
| Dividend Yield | 0.44% | 0.20% |
| Holdings | 107 | 162 |
| YTD Return | +21.71%Best | +19.31% |
| 1Y Return | +25.89% | +27.21%Best |
| 3Y Return (annualized) | +28.80%Best | +23.76% |
| 5Y Return (annualized) | +15.67% | - |
| Volatility (annualized) | 17.0% | 13.0%Best |
| Max Drawdown | -22.8% | -20.2%Best |
| $10,000 over 3.5 years | $23,707Best | $20,132 |
| Top 10 Weight | 46.5% | 40.4%Best |
| Fund Family | Invesco (US) | Summit Global Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Mar 31, 2023 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Mar 31, 2023 to Sep 25, 2026 (3.5 years).
QQQ vs SGLC 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 3.5 years both funds cover.
QQQ vs SGLC Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and SGI US Large Cap Core ETF (SGLC) is an ETF from Summit Global Investments. Over the past year QQQ returned +25.89% while SGLC returned +27.21%. Year to date, QQQ is up 21.71% versus a gain of 19.31% for SGLC.
Over three years, QQQ compounded at +28.80% per year against +23.76% for SGLC. Across the full 4-year window we track, QQQ has the edge at +27.97% annualized vs +22.13%.
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 13.0% for SGLC. 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 -22.8% for QQQ and -20.2% for SGLC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
QQQ charges 0.18% per year while SGLC charges 0.85%. On a $10,000 position that is $18 vs $85 annually, a gap of $67 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.20% for SGLC.
Holdings Overlap
75.9% of QQQ's money is in holdings SGLC also owns. 54.1% of SGLC's money is in holdings QQQ also owns.
Most of QQQ is already inside SGLC. Owning both mostly buys the same companies twice.
41 positions in common, counted across the 102 positions we hold weights for in QQQ and 139 in SGLC, against full books of 107 and 162.
What only one of them owns
Our book lists 98 positions for SGLC that do not appear in our book for QQQ (45.9% of the fund), and 55 for QQQ that do not appear in SGLC (21.6%).
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.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in SGLC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.47% | 0.03% |
| AAPLApple, Inc | 7.27% | 6.72% | 0.55% |
| MSFTMicrosoft Corp | 5.76% | 5.91% | 0.15% |
| AMZNAmazon.Com Inc | 4.67% | 4.30% | 0.37% |
| GOOGLAlphabet Inc,class A | 3.36% | 3.41% | 0.05% |
| MUMicron Technology, Inc. | 4.43% | 2.23% | 2.20% |
| GOOGAlphabet Inc | 3.13% | 2.64% | 0.49% |
| AVGOBroadcom Inc | 3.16% | 2.51% | 0.65% |
| METAMeta Platforms Inc | 2.78% | 2.43% | 0.35% |
| AMDAdvanced Micro Devices Inc | 3.45% | 0.84% | 2.61% |
75.9% of QQQ is already inside SGLC.
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 SGLC?
QQQ has an expense ratio of 0.18% while SGLC charges 0.85%. QQQ is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, QQQ or SGLC?
Over the past year QQQ returned +25.89% vs +27.21% for SGLC, so SGLC leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +27.97% vs +22.13% for SGLC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SGLC?
QQQ has been the more volatile fund at 17.0% annualized versus 13.0% for SGLC. Worst drawdown: QQQ -22.8% vs SGLC -20.2%.
Should I hold both QQQ and SGLC?
QQQ and SGLC have a monthly-return correlation of 0.86, 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 QQQ and SGLC?
75.9% of QQQ's money is in holdings SGLC also owns. 54.1% of SGLC's is in holdings QQQ also owns. They hold 41 positions in common, counted across the 102 positions we hold weights for in QQQ and 139 in SGLC.
Which pays a higher dividend, QQQ or SGLC?
QQQ yields 0.44% while SGLC yields 0.20%, so QQQ currently pays the higher dividend yield.
Is SGLC better than QQQ?
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, SGLC over 1Y. SGLC is less concentrated, with 40.4% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.