ILCG vs. QQQ
Compare and contrast key facts about iShares Morningstar Growth ETF (ILCG) and Invesco QQQ (QQQ).
ILCG and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ILCG is a passively managed fund by iShares that tracks the performance of the Morningstar US Large-Mid Cap Broad Growth Index Gross. It was launched on Jun 28, 2004. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both ILCG and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ILCG or QQQ.
Performance
ILCG vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, ILCG achieves a 31.52% return, which is significantly higher than QQQ's 23.40% return. Over the past 10 years, ILCG has underperformed QQQ with an annualized return of 15.44%, while QQQ has yielded a comparatively higher 18.08% annualized return.
ILCG
31.52%
2.91%
15.26%
37.71%
18.02%
15.44%
QQQ
23.40%
1.56%
10.75%
30.41%
20.90%
18.08%
Key characteristics
| ILCG | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.20 | 1.71 |
| Sortino Ratio | 2.86 | 2.29 |
| Omega Ratio | 1.40 | 1.31 |
| Calmar Ratio | 2.92 | 2.19 |
| Martin Ratio | 11.86 | 7.95 |
| Ulcer Index | 3.15% | 3.73% |
| Daily Std Dev | 17.02% | 17.38% |
| Max Drawdown | -52.98% | -82.98% |
| Current Drawdown | -1.41% | -2.13% |
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ILCG vs. QQQ - Expense Ratio Comparison
ILCG has a 0.04% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between ILCG and QQQ is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
ILCG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Growth ETF (ILCG) and Invesco QQQ (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ILCG vs. QQQ - Dividend Comparison
ILCG's dividend yield for the trailing twelve months is around 0.52%, less than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILCG iShares Morningstar Growth ETF | 0.52% | 0.69% | 0.76% | 0.34% | 0.28% | 0.54% | 0.81% | 0.89% | 0.95% | 0.99% | 0.87% | 0.94% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
ILCG vs. QQQ - Drawdown Comparison
The maximum ILCG drawdown since its inception was -52.98%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ILCG and QQQ. For additional features, visit the drawdowns tool.
Volatility
ILCG vs. QQQ - Volatility Comparison
iShares Morningstar Growth ETF (ILCG) and Invesco QQQ (QQQ) have volatilities of 5.73% and 5.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.