GABF vs QQQ
Gabelli Financial Services Opportunities ETF vs Invesco QQQ Trust, Series 1
Which is better, GABF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. GABF is less concentrated, with 46.4% of the fund in its ten largest positions against 46.9%.
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 | GABF | QQQ |
|---|---|---|
| Expense Ratio | 1.24% | 0.18%Best |
| AUM | $51M | $437.3B |
| Dividend Yield | 2.10% | 0.43% |
| Holdings | 86 | 208 |
| YTD Return | -3.44% | +10.43%Best |
| 1Y Return | -2.11% | +8.78%Best |
| 3Y Return (annualized) | +19.00% | +22.14%Best |
| 5Y Return (annualized) | - | +12.29% |
| Volatility (annualized) | 19.9%Best | 20.1% |
| Max Drawdown | -20.9%Best | -22.8% |
| $10,000 over 4.5 years | $20,246 | $23,041Best |
| Top 10 Weight | 46.4%Best | 46.9% |
| Fund Family | Gabelli Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 10, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: May 10, 2022 to Nov 10, 2026 (4.5 years).
GABF 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 4.5 years both funds cover.
GABF vs QQQ Performance
Gabelli Financial Services Opportunities ETF (GABF) is an ETF from Gabelli Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GABF returned -2.11% while QQQ returned +8.78%. Year to date, GABF is down 3.44% versus a gain of 10.43% for QQQ.
Over three years, GABF compounded at +19.00% per year against +22.14% 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 20.1% compared with 19.9% 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 -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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GABF charges 1.24% per year while QQQ charges 0.18%. On a $10,000 position that is $124 vs $18 annually, a gap of $106 per year that compounds over a long holding period. On income, GABF currently yields 2.10% against 0.43% for QQQ.
Holdings Overlap
We hold position weights for 41 holdings in GABF and 101 in QQQ, totalling 99.7% and 99.7% 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 41 positions we hold weights for in GABF and 101 in QQQ, against full books of 86 and 208.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for GABF (97.2% of the fund), and 41 for GABF that do not appear in QQQ (99.7%).
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 GABF and QQQ 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, GABF or QQQ?
GABF has an expense ratio of 1.24% while QQQ charges 0.18%. QQQ is the cheaper option, by $106 a year on a $10,000 investment.
Which performed better, GABF or QQQ?
Over the past year GABF returned -2.11% vs +8.78% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GABF or QQQ?
QQQ has been the more volatile fund at 20.1% annualized versus 19.9% for GABF. Worst drawdown: GABF -20.9% vs QQQ -22.8%.
Should I hold both GABF and QQQ?
GABF and QQQ have a monthly-return correlation of 0.58, 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, GABF or QQQ?
GABF yields 2.10% while QQQ yields 0.43%, so GABF currently pays the higher dividend yield.
Is QQQ better than GABF?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. GABF is less concentrated, with 46.4% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.