GLDM vs QQQ
SPDR Gold MiniShares Trust vs Invesco QQQ Trust, Series 1
Which is better, GLDM or QQQ?
Gold against Large Cap Growth.
GLDM has a lower expense ratio. GLDM led over 3Y and 5Y, QQQ 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 | GLDM | QQQ |
|---|---|---|
| Expense Ratio | 0.10%Best | 0.18% |
| AUM | $31.0B | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 2 | 321 |
| YTD Return | -5.38% | +19.30%Best |
| 1Y Return | -1.04% | +22.47%Best |
| 3Y Return (annualized) | +28.75%Best | +26.18% |
| 5Y Return (annualized) | +17.82%Best | +15.42% |
| Volatility (annualized) | 16.1%Best | 20.3% |
| Max Drawdown | -26.3%Best | -35.1% |
| $10,000 over 5 years | $22,704Best | $20,484 |
| Fund Family | State Street Investment Management | Invesco (US) |
| Category | Commodity | Equity |
| Style | Gold | Large Cap Growth |
| Inception | Jun 25, 2018 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 26, 2018 to Oct 14, 2026 (8.3 years).
GLDM 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 8.3 years both funds cover.
GLDM vs QQQ Performance
SPDR Gold MiniShares Trust (GLDM) is an ETF from State Street Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GLDM returned -1.04% while QQQ returned +22.47%. Year to date, GLDM is down 5.38% versus a gain of 19.30% for QQQ.
Over three years, GLDM compounded at +28.75% per year against +26.18% for QQQ; over five years the annualized figures are +17.82% and +15.42% respectively. Across the full 8-year window we track, QQQ has the edge at +19.48% annualized vs +15.14%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 16.1% for GLDM. 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 -26.3% for GLDM 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 0.10. They move largely independently of each other.
Fees and Cost Over Time
GLDM charges 0.10% per year while QQQ charges 0.18%. On a $10,000 position that is $10 vs $18 annually, a gap of $8 per year that compounds over a long holding period. On income, GLDM currently yields 0.00% against 0.42% for QQQ.
You are not choosing between two funds in isolation.
Whichever of GLDM 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, GLDM or QQQ?
GLDM has an expense ratio of 0.10% while QQQ charges 0.18%. GLDM is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, GLDM or QQQ?
Over the past year GLDM returned -1.04% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), GLDM annualized +15.14% vs +19.48% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GLDM or QQQ?
QQQ has been the more volatile fund at 20.3% annualized versus 16.1% for GLDM. Worst drawdown: GLDM -26.3% vs QQQ -35.1%.
Should I hold both GLDM and QQQ?
GLDM and QQQ have a monthly-return correlation of 0.10, 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, GLDM or QQQ?
GLDM yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than GLDM?
GLDM has a lower expense ratio. GLDM led over 3Y and 5Y, QQQ over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.