DEPW vs GQGU
Google DeepMind AI Lab Ecosystem ETF vs GQG US Equity ETF
Which is better, DEPW or GQGU?
GQGU costs less.
GQGU has a lower expense ratio. GQGU is less concentrated, with 57.2% of the fund in its ten largest positions against 60.0%.
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 | DEPW | GQGU |
|---|---|---|
| Expense Ratio | 0.59% | 0.49%Best |
| AUM | $2M | $584M |
| Dividend Yield | 0.00% | 0.95% |
| Holdings | 25 | 77 |
| YTD Return | -7.34% | +5.40%Best |
| 1Y Return | - | +3.28% |
| Top 10 Weight | 60.0% | 57.2%Best |
| Fund Family | Harbor Funds | GQG Partners LLC |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 12, 2026 | Jul 31, 2019 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
DEPW vs GQGU 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.
DEPW vs GQGU Performance
Google DeepMind AI Lab Ecosystem ETF (DEPW) is an ETF from Harbor Funds and GQG US Equity ETF (GQGU) is an ETF from GQG Partners LLC. Year to date, DEPW is down 7.34% versus a gain of 5.40% for GQGU.
Past performance does not guarantee future results.
Fees and Cost Over Time
DEPW charges 0.59% per year while GQGU charges 0.49%. On a $10,000 position that is $59 vs $49 annually, a gap of $10 per year that compounds over a long holding period. On income, DEPW currently yields 0.00% against 0.95% for GQGU.
Holdings Overlap
5.1% of DEPW's money is in holdings GQGU also owns. 2.6% of GQGU's money is in holdings DEPW also owns.
DEPW and GQGU share little of their money.
1 positions in common, counted across the 25 positions we hold weights for in DEPW and 38 in GQGU, against full books of 25 and 77.
What only one of them owns
Our book lists 35 positions for GQGU that do not appear in our book for DEPW (94.4% of the fund), and 18 for DEPW that do not appear in GQGU (76.3%).
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 DEPW | Weight in GQGU | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 5.13% | 2.56% | 2.57% |
You are not choosing between two funds in isolation.
Whichever of DEPW and GQGU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DEPW or GQGU?
DEPW has an expense ratio of 0.59% while GQGU charges 0.49%. GQGU is the cheaper option, by $10 a year on a $10,000 investment.
What is the holdings overlap between DEPW and GQGU?
5.1% of DEPW's money is in holdings GQGU also owns. 2.6% of GQGU's is in holdings DEPW also owns. They hold 1 positions in common, counted across the 25 positions we hold weights for in DEPW and 38 in GQGU.
Which pays a higher dividend, DEPW or GQGU?
DEPW yields 0.00% while GQGU yields 0.95%, so GQGU currently pays the higher dividend yield.
Is GQGU better than DEPW?
GQGU has a lower expense ratio. GQGU is less concentrated, with 57.2% of the fund in its ten largest positions against 60.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.