ATFV vs GQGU
Alger 35 ETF vs GQG US Equity ETF
Which is better, ATFV or GQGU?
ATFV has been ahead.
GQGU has a lower expense ratio. ATFV led over 1Y and the full window. GQGU is less concentrated, with 49.4% of the fund in its ten largest positions against 55.4%.
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 | ATFV | GQGU |
|---|---|---|
| Expense Ratio | 0.56% | 0.49%Best |
| AUM | $888M | $506M |
| Dividend Yield | 0.20% | 1.00% |
| Holdings | 74 | 72 |
| YTD Return | +0.94%Best | -2.98% |
| 1Y Return | +0.67%Best | -2.84% |
| 3Y Return (annualized) | +32.31% | - |
| 5Y Return (annualized) | +9.61% | - |
| Volatility (annualized) | 24.3% | 13.9%Best |
| Max Drawdown | -20.4% | -18.4%Best |
| $10,000 over 1.3 years | $12,077Best | $9,592 |
| Top 10 Weight | 55.4% | 49.4%Best |
| Fund Family | Alger | GQG Partners LLC |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 4, 2021 | Jul 31, 2019 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 14, 2025 to Nov 11, 2026 (1.3 years).
ATFV vs GQGU 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 1.3 years both funds cover.
ATFV vs GQGU Performance
Alger 35 ETF (ATFV) is an ETF from Alger and GQG US Equity ETF (GQGU) is an ETF from GQG Partners LLC. Over the past year ATFV returned +0.67% while GQGU returned -2.84%. Year to date, ATFV is up 0.94% versus a loss of 2.98% for GQGU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ATFV has been the more volatile fund, with annualized monthly volatility of 24.3% compared with 13.9% for GQGU. 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 -20.4% for ATFV and -18.4% for GQGU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.00. They move largely independently of each other.
Fees and Cost Over Time
ATFV charges 0.56% per year while GQGU charges 0.49%. On a $10,000 position that is $56 vs $49 annually, a gap of $7 per year that compounds over a long holding period. On income, ATFV currently yields 0.20% against 1.00% for GQGU.
Holdings Overlap
We hold position weights for 32 holdings in ATFV and 33 in GQGU, totalling 96.7% and 95.8% 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 32 positions we hold weights for in ATFV and 33 in GQGU, against full books of 74 and 72.
What only one of them owns
Our book lists 32 positions for GQGU that do not appear in our book for ATFV (92.4% of the fund), and 30 for ATFV that do not appear in GQGU (93.1%).
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.
You are not choosing between two funds in isolation.
Whichever of ATFV and GQGU 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, ATFV or GQGU?
ATFV has an expense ratio of 0.56% while GQGU charges 0.49%. GQGU is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, ATFV or GQGU?
Over the past year ATFV returned +0.67% vs -2.84% for GQGU, so ATFV leads on 1-year performance. Over the longest common window we track (1 years), ATFV annualized +15.62% vs -3.15% for GQGU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ATFV or GQGU?
ATFV has been the more volatile fund at 24.3% annualized versus 13.9% for GQGU. Worst drawdown: ATFV -20.4% vs GQGU -18.4%.
Should I hold both ATFV and GQGU?
ATFV and GQGU have a monthly-return correlation of 0.00, 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, ATFV or GQGU?
ATFV yields 0.20% while GQGU yields 1.00%, so GQGU currently pays the higher dividend yield.
Is GQGU better than ATFV?
GQGU has a lower expense ratio. ATFV led over 1Y and the full window. GQGU is less concentrated, with 49.4% of the fund in its ten largest positions against 55.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.