GOOX vs QQQ
T-REX 2X LONG ALPHABET DAILY TARGET ETF vs Invesco QQQ Trust, Series 1
Which is better, GOOX or QQQ?
Leverage Strategy against Large Cap Growth.
QQQ has a lower expense ratio. GOOX 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 | GOOX | QQQ |
|---|---|---|
| Expense Ratio | 1.05% | 0.18%Best |
| AUM | $62M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 5 | 321 |
| YTD Return | +1.20% | +19.30%Best |
| 1Y Return | +58.82%Best | +22.47% |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 67.6% | 17.0%Best |
| Max Drawdown | -52.5% | -22.8%Best |
| $10,000 over 2.8 years | $33,776Best | $18,235 |
| Fund Family | REX Shares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Leverage Strategy | Large Cap Growth |
| Inception | Jan 11, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 11, 2024 to Oct 14, 2026 (2.8 years).
GOOX 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 2.8 years both funds cover.
GOOX vs QQQ Performance
T-REX 2X LONG ALPHABET DAILY TARGET ETF (GOOX) is an ETF from REX Shares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GOOX returned +58.82% while QQQ returned +22.47%. Year to date, GOOX is up 1.20% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOOX has been the more volatile fund, with annualized monthly volatility of 67.6% compared with 17.0% 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 -52.5% for GOOX and -22.8% 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 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GOOX charges 1.05% per year while QQQ charges 0.18%. On a $10,000 position that is $105 vs $18 annually, a gap of $87 per year that compounds over a long holding period. On income, GOOX currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
At least 2.9% of QQQ's money is in holdings GOOX also owns.
Stated as a floor: for GOOX, our book for it covers 75.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and GOOX share little of their money.
1 positions in common, counted across the 1 positions we hold weights for in GOOX and 101 in QQQ, against full books of 5 and 321.
Top Shared Holdings
| Stock | Weight in GOOX | Weight in QQQ | Difference |
|---|---|---|---|
| GOOGAlphabet Inc. C | 75.05% | 2.85% | 72.20% |
You are not choosing between two funds in isolation.
Whichever of GOOX 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, GOOX or QQQ?
GOOX has an expense ratio of 1.05% while QQQ charges 0.18%. QQQ is the cheaper option, by $87 a year on a $10,000 investment.
Which performed better, GOOX or QQQ?
Over the past year GOOX returned +58.82% vs +22.47% for QQQ, so GOOX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GOOX or QQQ?
GOOX has been the more volatile fund at 67.6% annualized versus 17.0% for QQQ. Worst drawdown: GOOX -52.5% vs QQQ -22.8%.
Should I hold both GOOX and QQQ?
GOOX and QQQ have a monthly-return correlation of 0.54, 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 GOOX and QQQ?
At least 2.9% of QQQ's money is in holdings GOOX also owns. Our book for GOOX is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 1 positions we hold weights for in GOOX and 101 in QQQ.
Which pays a higher dividend, GOOX or QQQ?
GOOX yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than GOOX?
QQQ has a lower expense ratio. GOOX 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.