GQGU vs SPYT
GQG US Equity ETF vs Defiance S&P 500 Income Target ETF
Which is better, GQGU or SPYT?
SPYT has been ahead.
GQGU has a lower expense ratio. SPYT 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 | GQGU | SPYT |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.92% |
| AUM | $584M | $170M |
| Dividend Yield | 0.95% | 20.83% |
| Holdings | 77 | 10 |
| YTD Return | +5.40% | +12.99%Best |
| 1Y Return | +3.28% | +15.90%Best |
| Volatility (annualized) | 11.8% | 10.6%Best |
| Max Drawdown | -8.4% | -8.0%Best |
| $10,000 over 1.3 years | $10,428 | $12,289Best |
| Fund Family | GQG Partners LLC | Defiance ETFs, LLC |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 31, 2019 | Mar 7, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 14, 2025 to Oct 14, 2026 (1.3 years).
GQGU vs SPYT 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 1.3 years both funds cover.
GQGU vs SPYT Performance
GQG US Equity ETF (GQGU) is an ETF from GQG Partners LLC and Defiance S&P 500 Income Target ETF (SPYT) is an ETF from Defiance ETFs, LLC. Over the past year GQGU returned +3.28% while SPYT returned +15.90%. Year to date, GQGU is up 5.40% versus a gain of 12.99% for SPYT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GQGU has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 10.6% for SPYT. 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 -8.4% for GQGU and -8.0% for SPYT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.12. They move largely independently of each other.
Fees and Cost Over Time
GQGU charges 0.49% per year while SPYT charges 0.92%. On a $10,000 position that is $49 vs $92 annually, a gap of $43 per year that compounds over a long holding period. On income, GQGU currently yields 0.95% against 20.83% for SPYT.
Holdings Overlap
We hold position weights for 38 holdings in GQGU and 1 in SPYT, totalling 99.7% and 99.7% 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 38 positions we hold weights for in GQGU and 1 in SPYT, against full books of 77 and 10.
You are not choosing between two funds in isolation.
Whichever of GQGU and SPYT 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, GQGU or SPYT?
GQGU has an expense ratio of 0.49% while SPYT charges 0.92%. GQGU is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, GQGU or SPYT?
Over the past year GQGU returned +3.28% vs +15.90% for SPYT, so SPYT leads on 1-year performance. Over the longest common window we track (1 years), GQGU annualized +3.28% vs +17.18% for SPYT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GQGU or SPYT?
GQGU has been the more volatile fund at 11.8% annualized versus 10.6% for SPYT. Worst drawdown: GQGU -8.4% vs SPYT -8.0%.
Should I hold both GQGU and SPYT?
GQGU and SPYT have a monthly-return correlation of -0.12, 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, GQGU or SPYT?
GQGU yields 0.95% while SPYT yields 20.83%, so SPYT currently pays the higher dividend yield.
Is SPYT better than GQGU?
GQGU has a lower expense ratio. SPYT 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.