GDMN vs QQQ
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund ETF vs Invesco QQQ Trust, Series 1
Which is better, GDMN or QQQ?
Gold against Large Cap Growth.
QQQ has a lower expense ratio. GDMN led over 3Y and the full window, QQQ over 1Y. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 60.5%.
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 | GDMN | QQQ |
|---|---|---|
| Expense Ratio | 0.45% | 0.18%Best |
| AUM | $214M | $506.1B |
| Dividend Yield | 3.02% | 0.42% |
| Holdings | 63 | 321 |
| YTD Return | -15.97% | +19.30%Best |
| 1Y Return | -6.56% | +22.47%Best |
| 3Y Return (annualized) | +60.32%Best | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 49.2% | 21.1%Best |
| Max Drawdown | -52.8% | -35.1%Best |
| $10,000 over 4.8 years | $36,578Best | $19,348 |
| Top 10 Weight | 60.5% | 46.7%Best |
| Fund Family | WisdomTree Investments | Invesco (US) |
| Category | Commodity | Equity |
| Style | Gold | Large Cap Growth |
| Inception | Dec 16, 2021 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Dec 16, 2021 to Oct 14, 2026 (4.8 years).
GDMN vs QQQ 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 4.8 years both funds cover.
GDMN vs QQQ Performance
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund ETF (GDMN) is an ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GDMN returned -6.56% while QQQ returned +22.47%. Year to date, GDMN is down 15.97% versus a gain of 19.30% for QQQ.
Over three years, GDMN compounded at +60.32% per year against +26.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDMN has been the more volatile fund, with annualized monthly volatility of 49.2% compared with 21.1% for QQQ. 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 -52.8% for GDMN and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.14. They move largely independently of each other.
Fees and Cost Over Time
GDMN charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, GDMN currently yields 3.02% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 56 holdings in GDMN and 101 in QQQ, totalling 99.4% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 56 positions we hold weights for in GDMN and 101 in QQQ, against full books of 63 and 321.
What only one of them owns
Our book lists 93 positions for QQQ that do not appear in our book for GDMN (96.3% of the fund), and 6 for GDMN that do not appear in QQQ (28.2%).
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.
You are not choosing between two funds in isolation.
Whichever of GDMN and QQQ 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, GDMN or QQQ?
GDMN has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, GDMN or QQQ?
Over the past year GDMN returned -6.56% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDMN or QQQ?
GDMN has been the more volatile fund at 49.2% annualized versus 21.1% for QQQ. Worst drawdown: GDMN -52.8% vs QQQ -35.1%.
Should I hold both GDMN and QQQ?
GDMN and QQQ have a monthly-return correlation of 0.14, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GDMN or QQQ?
GDMN yields 3.02% while QQQ yields 0.42%, so GDMN currently pays the higher dividend yield.
Is QQQ better than GDMN?
QQQ has a lower expense ratio. GDMN led over 3Y and the full window, QQQ over 1Y. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 60.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.