GGTL vs USMC
Gabelli Global Technology Leaders ETF vs Principal U.S. Mega-Cap ETF
Which is better, GGTL or USMC?
Each has led over a different period.
GGTL has a lower expense ratio. GGTL led over 1Y, USMC over 3Y and the full window.
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 | GGTL | USMC |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.12% |
| AUM | $16M | $5.2B |
| Dividend Yield | 0.82% | 0.74% |
| Holdings | 149 | 58 |
| YTD Return | +21.53%Best | +13.98% |
| 1Y Return | +22.76%Best | +14.91% |
| 3Y Return (annualized) | +20.64% | +22.22%Best |
| 5Y Return (annualized) | - | +14.81% |
| Volatility (annualized) | 18.7% | 15.2%Best |
| Max Drawdown | -23.6% | -23.1%Best |
| $10,000 over 4.8 years | $16,282 | $18,662Best |
| Fund Family | Gabelli Funds | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 5, 2022 | Oct 11, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Jan 5, 2022 to Oct 14, 2026 (4.8 years).
GGTL vs USMC 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.
GGTL vs USMC Performance
Gabelli Global Technology Leaders ETF (GGTL) is an ETF from Gabelli Funds and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year GGTL returned +22.76% while USMC returned +14.91%. Year to date, GGTL is up 21.53% versus a gain of 13.98% for USMC.
Over three years, GGTL compounded at +20.64% per year against +22.22% for USMC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGTL has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 15.2% for USMC. 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 -23.6% for GGTL and -23.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GGTL charges 0.00% per year while USMC charges 0.12%. On a $10,000 position that is $0 vs $12 annually, a gap of $12 per year that compounds over a long holding period. On income, GGTL currently yields 0.82% against 0.74% for USMC.
Holdings Overlap
At least 37.4% of USMC's money is in holdings GGTL also owns.
Stated as a floor: for GGTL, our book for it covers 85.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
7 positions in common, counted across the 70 positions we hold weights for in GGTL and 27 in USMC, against full books of 149 and 58.
Top Shared Holdings
| Stock | Weight in GGTL | Weight in USMC | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 2.32% | 7.99% | 5.67% |
| MUMicron Technology, Inc. | 1.72% | 7.18% | 5.46% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 1.84% | 5.55% | 3.71% |
| AVGOBroadcom Inc | 2.65% | 4.44% | 1.79% |
| GOOGLAlphabet Inc Cap Stk Cl A | 0.31% | 5.33% | 5.02% |
| AMZNAmazon.Com Inc | 0.84% | 3.77% | 2.93% |
| NFLXNetflix, Inc. | 0.87% | 3.16% | 2.29% |
37.4% of USMC is already inside GGTL.
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, GGTL or USMC?
GGTL has an expense ratio of 0.00% while USMC charges 0.12%. GGTL is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, GGTL or USMC?
Over the past year GGTL returned +22.76% vs +14.91% for USMC, so GGTL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGTL or USMC?
GGTL has been the more volatile fund at 18.7% annualized versus 15.2% for USMC. Worst drawdown: GGTL -23.6% vs USMC -23.1%.
Should I hold both GGTL and USMC?
GGTL and USMC have a monthly-return correlation of 0.76, 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 GGTL and USMC?
At least 37.4% of USMC's money is in holdings GGTL also owns. Our book for GGTL is partial, so the real figure is this or higher. They hold 7 positions in common, counted across the 70 positions we hold weights for in GGTL and 27 in USMC.
Which pays a higher dividend, GGTL or USMC?
GGTL yields 0.82% while USMC yields 0.74%, so GGTL currently pays the higher dividend yield.
Is USMC better than GGTL?
GGTL has a lower expense ratio. GGTL led over 1Y, USMC over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.