GIAX vs QQQY
Nicholas Global Equity and Income ETF vs Defiance Nasdaq 100 Weekly Distribution ETF
Which is better, GIAX or QQQY?
QQQY has been ahead.
QQQY has a lower expense ratio. QQQY led over 1Y 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 | GIAX | QQQY |
|---|---|---|
| Expense Ratio | 1.03% | 1.01%Best |
| AUM | $115M | $192M |
| Dividend Yield | 24.34% | 33.38% |
| Holdings | 87 | 10 |
| YTD Return | +12.20% | +17.03%Best |
| 1Y Return | +12.86% | +20.86%Best |
| 3Y Return (annualized) | - | +28.44% |
| Volatility (annualized) | 20.7% | 16.8%Best |
| Max Drawdown | -20.4% | -12.6%Best |
| $10,000 over 2.2 years | $13,082 | $18,486Best |
| Fund Family | XFunds | Defiance ETFs, LLC |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 29, 2024 | Sep 13, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 30, 2024 to Oct 14, 2026 (2.2 years).
GIAX vs QQQY 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 2.2 years both funds cover.
GIAX vs QQQY Performance
Nicholas Global Equity and Income ETF (GIAX) is an ETF from XFunds and Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) is an ETF from Defiance ETFs, LLC. Over the past year GIAX returned +12.86% while QQQY returned +20.86%. Year to date, GIAX is up 12.20% versus a gain of 17.03% for QQQY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GIAX has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 16.8% for QQQY. 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 -20.4% for GIAX and -12.6% for QQQY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GIAX charges 1.03% per year while QQQY charges 1.01%. On a $10,000 position that is $103 vs $101 annually, a gap of $2 per year that compounds over a long holding period. On income, GIAX currently yields 24.34% against 33.38% for QQQY.
Holdings Overlap
We hold position weights for 27 holdings in GIAX and 1 in QQQY, totalling 101.6% and 39.6% 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 27 positions we hold weights for in GIAX and 1 in QQQY, against full books of 87 and 10.
You are not choosing between two funds in isolation.
Whichever of GIAX and QQQY 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, GIAX or QQQY?
GIAX has an expense ratio of 1.03% while QQQY charges 1.01%. QQQY is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, GIAX or QQQY?
Over the past year GIAX returned +12.86% vs +20.86% for QQQY, so QQQY leads on 1-year performance. Over the longest common window we track (2 years), GIAX annualized +12.99% vs +32.22% for QQQY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GIAX or QQQY?
GIAX has been the more volatile fund at 20.7% annualized versus 16.8% for QQQY. Worst drawdown: GIAX -20.4% vs QQQY -12.6%.
Should I hold both GIAX and QQQY?
GIAX and QQQY have a monthly-return correlation of 0.89, 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, GIAX or QQQY?
GIAX yields 24.34% while QQQY yields 33.38%, so QQQY currently pays the higher dividend yield.
Is QQQY better than GIAX?
QQQY has a lower expense ratio. QQQY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.