GUSE vs QQQ
Goldman Sachs Enhanced US Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, GUSE or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y. GUSE is less concentrated, with 40.0% 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 | GUSE | QQQ |
|---|---|---|
| Expense Ratio | 0.30% | 0.18%Best |
| AUM | $365M | $506.1B |
| Dividend Yield | 0.64% | 0.42% |
| Holdings | 121 | 321 |
| YTD Return | +13.52% | +19.30%Best |
| 1Y Return | +17.06% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Top 10 Weight | 40.0%Best | 46.7% |
| Fund Family | Goldman Sachs Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 31, 2008 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
GUSE 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.
GUSE vs QQQ Performance
Goldman Sachs Enhanced US Equity ETF (GUSE) is an ETF from Goldman Sachs Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GUSE returned +17.06% while QQQ returned +22.47%. Year to date, GUSE is up 13.52% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
GUSE charges 0.30% per year while QQQ charges 0.18%. On a $10,000 position that is $30 vs $18 annually, a gap of $12 per year that compounds over a long holding period. On income, GUSE currently yields 0.64% against 0.42% for QQQ.
Holdings Overlap
55.7% of GUSE's money is in holdings QQQ also owns. 70.6% of QQQ's money is in holdings GUSE also owns.
Most of QQQ is already inside GUSE. Owning both mostly buys the same companies twice.
37 positions in common, counted across the 122 positions we hold weights for in GUSE and 101 in QQQ, against full books of 121 and 321.
What only one of them owns
Our book lists 57 positions for QQQ that do not appear in our book for GUSE (26.6% of the fund), and 82 for GUSE that do not appear in QQQ (42.9%).
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.
Top Shared Holdings
| Stock | Weight in GUSE | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.85% | 8.33% | 0.52% |
| AAPLApple, Inc | 7.62% | 7.35% | 0.27% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.03% | 5.76% | 0.73% |
| AMZNAmazon.Com Inc | 4.18% | 4.07% | 0.11% |
| MUMicron Technology, Inc. | 2.01% | 5.02% | 3.01% |
| GOOGLAlphabet Inc-cl A | 3.45% | 3.05% | 0.40% |
| AMDAdvanced Micro Devices Inc. | 1.72% | 4.17% | 2.45% |
| METAMeta Platform Inc | 2.49% | 3.26% | 0.77% |
| GOOGAlphabet, Inc.- Cl C | 2.21% | 2.85% | 0.64% |
| AVGOBroadcom Inc | 2.39% | 2.53% | 0.14% |
70.6% of QQQ is already inside GUSE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GUSE or QQQ?
GUSE has an expense ratio of 0.30% while QQQ charges 0.18%. QQQ is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, GUSE or QQQ?
Over the past year GUSE returned +17.06% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between GUSE and QQQ?
70.6% of QQQ's money is in holdings GUSE also owns. 70.6% of QQQ's is in holdings GUSE also owns. They hold 37 positions in common, counted across the 122 positions we hold weights for in GUSE and 101 in QQQ.
Which pays a higher dividend, GUSE or QQQ?
GUSE yields 0.64% while QQQ yields 0.42%, so GUSE currently pays the higher dividend yield.
Is QQQ better than GUSE?
QQQ has a lower expense ratio. QQQ led over 1Y. GUSE is less concentrated, with 40.0% 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.