GQRE vs QQQ
Northern Trust Global Quality Real Estate ETF vs Invesco QQQ Trust, Series 1
Which is better, GQRE or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. GQRE is less concentrated, with 35.9% of the fund in its ten largest positions against 46.7%.
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 | GQRE | QQQ |
|---|---|---|
| Expense Ratio | 0.45% | 0.18%Best |
| AUM | $446M | $506.1B |
| Dividend Yield | 4.45% | 0.42% |
| Holdings | 197 | 321 |
| YTD Return | +1.63% | +19.30%Best |
| 1Y Return | +2.94% | +22.47%Best |
| 3Y Return (annualized) | +10.26% | +26.18%Best |
| 5Y Return (annualized) | +0.12% | +15.42%Best |
| Volatility (annualized) | 15.6%Best | 18.0% |
| Max Drawdown | -42.0% | -35.1%Best |
| $10,000 over 5 years | $10,060 | $20,484Best |
| Top 10 Weight | 35.9%Best | 46.7% |
| Fund Family | Northern Trust Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Nov 5, 2013 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Nov 6, 2013 to Oct 14, 2026 (12.9 years).
GQRE 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GQRE vs QQQ Performance
Northern Trust Global Quality Real Estate ETF (GQRE) is an ETF from Northern Trust Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GQRE returned +2.94% while QQQ returned +22.47%. Year to date, GQRE is up 1.63% versus a gain of 19.30% for QQQ.
Over three years, GQRE compounded at +10.26% per year against +26.18% for QQQ; over five years the annualized figures are +0.12% and +15.42% respectively. Across the full 13-year window we track, QQQ has the edge at +18.59% annualized vs +2.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 15.6% for GQRE. 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 -42.0% for GQRE 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GQRE charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, GQRE currently yields 4.45% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 139 holdings in GQRE and 101 in QQQ, totalling 98.5% and 99.6% 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 139 positions we hold weights for in GQRE and 101 in QQQ, against full books of 197 and 321.
What only one of them owns
Our book lists 93 positions for QQQ that do not appear in our book for GQRE (96.3% of the fund), and 59 for GQRE that do not appear in QQQ (67.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of GQRE 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, GQRE or QQQ?
GQRE has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, GQRE or QQQ?
Over the past year GQRE returned +2.94% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), GQRE annualized +2.69% vs +18.59% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GQRE or QQQ?
QQQ has been the more volatile fund at 18.0% annualized versus 15.6% for GQRE. Worst drawdown: GQRE -42.0% vs QQQ -35.1%.
Should I hold both GQRE and QQQ?
GQRE and QQQ have a monthly-return correlation of 0.64, 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, GQRE or QQQ?
GQRE yields 4.45% while QQQ yields 0.42%, so GQRE currently pays the higher dividend yield.
Is QQQ better than GQRE?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. GQRE is less concentrated, with 35.9% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.