ETG vs QQQ
Eaton Vance Tax-Advantaged Global Dividend Income Fund vs Invesco QQQ Trust, Series 1
Which is better, ETG or QQQ?
Allocation/Balanced against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | ETG | QQQ |
|---|---|---|
| Expense Ratio | 1.27% | 0.18%Best |
| AUM | $1.3B | $483.5B |
| Dividend Yield | 5.85% | 0.44% |
| Holdings | 193 | 107 |
| YTD Return | +4.09% | +15.21%Best |
| 1Y Return | +16.67% | +19.78%Best |
| 3Y Return (annualized) | +21.14% | +24.58%Best |
| 5Y Return (annualized) | +8.30% | +13.93%Best |
| Volatility (annualized) | 21.7% | 18.3%Best |
| Max Drawdown | -78.3% | -53.5%Best |
| $10,000 over 5 years | $14,898 | $19,195Best |
| Fund Family | Eaton Vance | Invesco (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Growth |
| Inception | Jan 30, 2004 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 3, 2004 to Sep 16, 2026 (22.6 years).
ETG 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.
ETG vs QQQ Performance
Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) is an ETF from Eaton Vance and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ETG returned +16.67% while QQQ returned +19.78%. Year to date, ETG is up 4.09% versus a gain of 15.21% for QQQ.
Over three years, ETG compounded at +21.14% per year against +24.58% for QQQ; over five years the annualized figures are +8.30% and +13.93% respectively. Across the full 23-year window we track, QQQ has the edge at +14.09% annualized vs +2.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETG has been the more volatile fund, with annualized monthly volatility of 21.7% compared with 18.3% for QQQ. 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 -78.3% for ETG and -53.5% 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ETG charges 1.27% per year while QQQ charges 0.18%. On a $10,000 position that is $127 vs $18 annually, a gap of $109 per year that compounds over a long holding period. On income, ETG currently yields 5.85% against 0.44% for QQQ.
Holdings Overlap
At least 40.5% of QQQ's money is in holdings ETG also owns.
Stated as a floor: for ETG, our book for it covers 94.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
The two holdings books were reported 159 days apart, ETG as of Feb 27, 2026 and QQQ as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
16 positions in common, counted across the 154 positions we hold weights for in ETG and 102 in QQQ, against full books of 193 and 107.
Top Shared Holdings
| Stock | Weight in ETG | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.82% | 8.44% | 5.62% |
| AAPLApple, Inc | 2.03% | 7.27% | 5.24% |
| MUMicron Technology, Inc. | 3.81% | 4.43% | 0.62% |
| MSFTMicrosoft Corp | 2.48% | 5.76% | 3.28% |
| GOOGAlphabet Inc | 4.75% | 3.13% | 1.62% |
| AMZNAmazon.Com Inc | 2.15% | 4.67% | 2.52% |
| AVGOBroadcom Inc | 1.30% | 3.16% | 1.86% |
| MARMarriott International, Inc. | 0.68% | 0.42% | 0.26% |
| ISRGIntuitive Surgical Inc. | 0.47% | 0.58% | 0.11% |
| MCHPMicrochip Technology Inc. | 0.81% | 0.19% | 0.62% |
40.5% of QQQ is already inside ETG.
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, ETG or QQQ?
ETG has an expense ratio of 1.27% while QQQ charges 0.18%. QQQ is the cheaper option, by $109 a year on a $10,000 investment.
Which performed better, ETG or QQQ?
Over the past year ETG returned +16.67% vs +19.78% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (23 years), ETG annualized +2.48% vs +14.09% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ETG or QQQ?
ETG has been the more volatile fund at 21.7% annualized versus 18.3% for QQQ. Worst drawdown: ETG -78.3% vs QQQ -53.5%.
Should I hold both ETG and QQQ?
ETG and QQQ have a monthly-return correlation of 0.79, 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 ETG and QQQ?
At least 40.5% of QQQ's money is in holdings ETG also owns. Our book for ETG is partial, so the real figure is this or higher. They hold 16 positions in common, counted across the 154 positions we hold weights for in ETG and 102 in QQQ.
Which pays a higher dividend, ETG or QQQ?
ETG yields 5.85% while QQQ yields 0.44%, so ETG currently pays the higher dividend yield.
Is QQQ better than ETG?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.