GABF vs QQQ
Gabelli Financial Services Opportunities ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GABF | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.08% | 0.18% | |
| AUM | $55M | $496.3B | |
| Dividend Yield | 2.00% | 0.44% | |
| Holdings | 44 | 108 | |
| YTD Return | -0.40% | +16.64% | |
| 1Y Return | -1.89% | +27.27% | |
| 3Y Return (annualized) | +21.07% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 19.7% | 30.6% | |
| Max Drawdown | -20.9% | -83.0% | |
| Fund Family | Gabelli Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 10, 2022 | Mar 10, 1999 |
GABF vs QQQ Performance
Gabelli Financial Services Opportunities ETF (GABF) is a ETF from Gabelli Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GABF returned -1.89% while QQQ returned +27.27%. Year to date, GABF is down 0.40% versus a gain of 16.64% for QQQ.
Over three years, GABF compounded at +21.07% per year against +25.96% for QQQ. Across the full 4-year window we track, GABF has the edge at +18.78% annualized vs +13.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 19.7% for GABF. 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 -20.9% for GABF and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GABF charges 1.08% per year while QQQ charges 0.18%. On a $10,000 position that is $108 vs $18 annually, a gap of $90 per year that compounds over a long holding period. On income, GABF currently yields 2.00% against 0.44% for QQQ.
Holdings Overlap
GABF and QQQ share 0 holdings out of 142 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GABF or QQQ?
GABF has an expense ratio of 1.08% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $90 per year of difference.
Which performed better, GABF or QQQ?
Over the past year GABF returned -1.89% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), GABF annualized +18.78% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GABF or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 19.7% for GABF. Worst drawdown: GABF -20.9% vs QQQ -83.0%.
Should I hold both GABF and QQQ?
GABF and QQQ have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GABF and QQQ?
GABF and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 142 unique securities.
Which pays a higher dividend, GABF or QQQ?
GABF yields 2.00% while QQQ yields 0.44%, so GABF currently pays the higher dividend yield.
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