GVUS vs QQQ
Goldman Sachs MarketBeta Russell 1000 Value Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, GVUS or QQQ?
Large Cap Value against Large Cap Growth.
GVUS has a lower expense ratio. GVUS led over 1Y, QQQ over the full window. GVUS is less concentrated, with 28.9% 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 | GVUS | QQQ |
|---|---|---|
| Expense Ratio | 0.12%Best | 0.18% |
| AUM | $438M | $506.1B |
| Dividend Yield | 1.51% | 0.42% |
| Holdings | 1,716 | 321 |
| YTD Return | +21.16%Best | +19.30% |
| 1Y Return | +27.05%Best | +22.47% |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 11.7%Best | 16.7% |
| Max Drawdown | -16.3%Best | -22.8% |
| $10,000 over 2.9 years | $17,013 | $19,189Best |
| Top 10 Weight | 28.9%Best | 46.7% |
| Fund Family | Goldman Sachs Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Nov 28, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 30, 2023 to Oct 14, 2026 (2.9 years).
GVUS 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 2.9 years both funds cover.
GVUS vs QQQ Performance
Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) 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 GVUS returned +27.05% while QQQ returned +22.47%. Year to date, GVUS is up 21.16% 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 16.7% compared with 11.7% for GVUS. 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 -16.3% for GVUS 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 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GVUS charges 0.12% per year while QQQ charges 0.18%. On a $10,000 position that is $12 vs $18 annually, a gap of $6 per year that compounds over a long holding period. On income, GVUS currently yields 1.51% against 0.42% for QQQ.
Holdings Overlap
28.6% of GVUS's money is in holdings QQQ also owns. 45.6% of QQQ's money is in holdings GVUS also owns.
The two portfolios partly overlap.
50 positions in common, counted across the 857 positions we hold weights for in GVUS and 101 in QQQ, against full books of 1,716 and 321.
What only one of them owns
Our book lists 42 positions for QQQ that do not appear in our book for GVUS (50.7% of the fund), and 735 for GVUS that do not appear in QQQ (70.1%).
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 GVUS | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.80% | 7.35% | 1.55% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.92% | 5.76% | 0.84% |
| AMZNAmazon.Com Inc | 6.01% | 4.07% | 1.94% |
| METAMeta Platform Inc | 0.69% | 3.26% | 2.57% |
| INTCIntel Corp. | 1.23% | 2.64% | 1.41% |
| WMTWalmart, Inc. | 1.13% | 2.11% | 0.98% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.14% | 1.77% | 0.63% |
| SPCXSpace Exploration Technologies Corp. | 0.02% | 2.70% | 2.68% |
| CTOCostco Wholesale Corp | 0.60% | 1.69% | 1.09% |
| QCOMQualcomm Inc. | 0.51% | 0.81% | 0.30% |
45.6% of QQQ is already inside GVUS.
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, GVUS or QQQ?
GVUS has an expense ratio of 0.12% while QQQ charges 0.18%. GVUS is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, GVUS or QQQ?
Over the past year GVUS returned +27.05% vs +22.47% for QQQ, so GVUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GVUS or QQQ?
QQQ has been the more volatile fund at 16.7% annualized versus 11.7% for GVUS. Worst drawdown: GVUS -16.3% vs QQQ -22.8%.
Should I hold both GVUS and QQQ?
GVUS and QQQ have a monthly-return correlation of 0.45, 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 GVUS and QQQ?
45.6% of QQQ's money is in holdings GVUS also owns. 45.6% of QQQ's is in holdings GVUS also owns. They hold 50 positions in common, counted across the 857 positions we hold weights for in GVUS and 101 in QQQ.
Which pays a higher dividend, GVUS or QQQ?
GVUS yields 1.51% while QQQ yields 0.42%, so GVUS currently pays the higher dividend yield.
Is QQQ better than GVUS?
GVUS has a lower expense ratio. GVUS led over 1Y, QQQ over the full window. GVUS is less concentrated, with 28.9% 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.