GSIB vs QQQ
Themes Global Systemically Important Banks ETF vs Invesco QQQ Trust, Series 1
Which is better, GSIB or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. GSIB led over 1Y and the full window. GSIB is less concentrated, with 37.3% 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 | GSIB | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $40M | $506.1B |
| Dividend Yield | 1.61% | 0.42% |
| Holdings | 32 | 321 |
| YTD Return | +12.38% | +19.30%Best |
| 1Y Return | +30.03%Best | +22.47% |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 13.3%Best | 16.8% |
| Max Drawdown | -17.7%Best | -22.8% |
| $10,000 over 2.8 years | $25,281Best | $18,169 |
| Top 10 Weight | 37.3%Best | 46.7% |
| Fund Family | Themes ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 15, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 15, 2023 to Oct 14, 2026 (2.8 years).
GSIB 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.
GSIB vs QQQ Performance
Themes Global Systemically Important Banks ETF (GSIB) is an ETF from Themes ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GSIB returned +30.03% while QQQ returned +22.47%. Year to date, GSIB is up 12.38% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 13.3% for GSIB. 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 -17.7% for GSIB 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 0.29. They move largely independently of each other.
Fees and Cost Over Time
GSIB charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, GSIB currently yields 1.61% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 29 holdings in GSIB and 101 in QQQ, totalling 99.8% 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 29 positions we hold weights for in GSIB and 101 in QQQ, against full books of 32 and 321.
What only one of them owns
Our book lists 93 positions for QQQ that do not appear in our book for GSIB (96.3% of the fund), and 15 for GSIB that do not appear in QQQ (49.9%).
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 GSIB 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, GSIB or QQQ?
GSIB has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, GSIB or QQQ?
Over the past year GSIB returned +30.03% vs +22.47% for QQQ, so GSIB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSIB or QQQ?
QQQ has been the more volatile fund at 16.8% annualized versus 13.3% for GSIB. Worst drawdown: GSIB -17.7% vs QQQ -22.8%.
Should I hold both GSIB and QQQ?
GSIB and QQQ have a monthly-return correlation of 0.29, 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, GSIB or QQQ?
GSIB yields 1.61% while QQQ yields 0.42%, so GSIB currently pays the higher dividend yield.
Is QQQ better than GSIB?
QQQ has a lower expense ratio. GSIB led over 1Y and the full window. GSIB is less concentrated, with 37.3% 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.