GXPD vs QQQ
Global X PureCap MSCI Consumer Discretionary ETF vs Invesco QQQ Trust, Series 1
Which is better, GXPD or QQQ?
Large Cap Blend against Large Cap Growth.
GXPD has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 78.7%.
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 | GXPD | QQQ |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $47M | $498.6B |
| Dividend Yield | 0.34% | 0.42% |
| Holdings | 96 | 321 |
| YTD Return | -1.90% | +21.69%Best |
| 1Y Return | -0.49% | +24.10%Best |
| 3Y Return (annualized) | - | +27.05% |
| 5Y Return (annualized) | - | +16.31% |
| Volatility (annualized) | 16.4%Best | 19.7% |
| Max Drawdown | -16.6% | -12.0%Best |
| $10,000 over 1.2 years | $10,237 | $13,192Best |
| Top 10 Weight | 78.7% | 47.2%Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jul 22, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 23, 2025 to Oct 13, 2026 (1.2 years).
GXPD 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 1.2 years both funds cover.
GXPD vs QQQ Performance
Global X PureCap MSCI Consumer Discretionary ETF (GXPD) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GXPD returned -0.49% while QQQ returned +24.10%. Year to date, GXPD is down 1.90% versus a gain of 21.69% 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 19.7% compared with 16.4% for GXPD. 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 -16.6% for GXPD and -12.0% 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GXPD charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, GXPD currently yields 0.34% against 0.42% for QQQ.
Holdings Overlap
71.1% of GXPD's money is in holdings QQQ also owns. 10.6% of QQQ's money is in holdings GXPD also owns.
Most of GXPD is already inside QQQ. Owning both mostly buys the same companies twice.
10 positions in common, counted across the 46 positions we hold weights for in GXPD and 102 in QQQ, against full books of 96 and 321.
What only one of them owns
Our book lists 86 positions for QQQ that do not appear in our book for GXPD (87.2% of the fund), and 35 for GXPD that do not appear in QQQ (28.6%).
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 GXPD | Weight in QQQ | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 41.82% | 4.41% | 37.41% |
| TSLATesla Inc | 17.59% | 2.92% | 14.67% |
| BKNGBooking Holdings, Inc. | 2.29% | 0.60% | 1.69% |
| SBUXStarbucks Corp | 1.88% | 0.50% | 1.38% |
| MELIMercadolibre Inc | 1.45% | 0.42% | 1.03% |
| DASHDoordash Inc - A | 1.25% | 0.37% | 0.88% |
| MARMarriott International, Inc. | 1.23% | 0.39% | 0.84% |
| ROSTRoss Stores, Inc. | 1.21% | 0.33% | 0.88% |
| ABNBAirbnb Inc | 1.21% | 0.31% | 0.90% |
| ORLYO'Eilly Automotive, Inc. | 1.20% | 0.31% | 0.89% |
71.1% of GXPD is already inside QQQ.
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, GXPD or QQQ?
GXPD has an expense ratio of 0.15% while QQQ charges 0.18%. GXPD is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, GXPD or QQQ?
Over the past year GXPD returned -0.49% vs +24.10% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), GXPD annualized +1.97% vs +25.97% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GXPD or QQQ?
QQQ has been the more volatile fund at 19.7% annualized versus 16.4% for GXPD. Worst drawdown: GXPD -16.6% vs QQQ -12.0%.
Should I hold both GXPD and QQQ?
GXPD and QQQ have a monthly-return correlation of 0.67, 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 GXPD and QQQ?
71.1% of GXPD's money is in holdings QQQ also owns. 10.6% of QQQ's is in holdings GXPD also owns. They hold 10 positions in common, counted across the 46 positions we hold weights for in GXPD and 102 in QQQ.
Which pays a higher dividend, GXPD or QQQ?
GXPD yields 0.34% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than GXPD?
GXPD has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 78.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.