GDXD vs QQQ
MicroSectors Gold Miners -3X Inverse Leveraged ETN vs Invesco QQQ Trust, Series 1
Which is better, GDXD or QQQ?
Gold 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 | GDXD | QQQ |
|---|---|---|
| Expense Ratio | 0.95% | 0.18%Best |
| AUM | $104M | $437.3B |
| Dividend Yield | 0.00% | 0.43% |
| Holdings | - | 208 |
| YTD Return | -76.53% | +10.43%Best |
| 1Y Return | -86.42% | +8.78%Best |
| 3Y Return (annualized) | -88.78% | +22.14%Best |
| 5Y Return (annualized) | -77.32% | +12.29%Best |
| Volatility (annualized) | 101.2% | 20.0%Best |
| Max Drawdown | - | -35.1% |
| $10,000 over 5 years | $6 | $17,853Best |
| Fund Family | BMO Capital Markets | Invesco (US) |
| Category | Commodity | Equity |
| Style | Gold | Large Cap Growth |
| Inception | Dec 2, 2020 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2020 to Nov 10, 2026 (5.9 years).
GDXD 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 5.9 years both funds cover.
GDXD vs QQQ Performance
MicroSectors Gold Miners -3X Inverse Leveraged ETN (GDXD) is an ETF from BMO Capital Markets and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GDXD returned -86.42% while QQQ returned +8.78%. Year to date, GDXD is down 76.53% versus a gain of 10.43% for QQQ.
Over three years, GDXD compounded at -88.78% per year against +22.14% for QQQ; over five years the annualized figures are -77.32% and +12.29% respectively. Across the full 6-year window we track, QQQ has the edge at +15.00% annualized vs -73.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDXD has been the more volatile fund, with annualized monthly volatility of 101.2% compared with 20.0% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.23. They move largely independently of each other.
Fees and Cost Over Time
GDXD charges 0.95% per year while QQQ charges 0.18%. On a $10,000 position that is $95 vs $18 annually, a gap of $77 per year that compounds over a long holding period. On income, GDXD currently yields 0.00% against 0.43% for QQQ.
You are not choosing between two funds in isolation.
Whichever of GDXD 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, GDXD or QQQ?
GDXD has an expense ratio of 0.95% while QQQ charges 0.18%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, GDXD or QQQ?
Over the past year GDXD returned -86.42% vs +8.78% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), GDXD annualized -73.37% vs +15.00% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDXD or QQQ?
GDXD has been the more volatile fund at 101.2% annualized versus 20.0% for QQQ.
Should I hold both GDXD and QQQ?
GDXD and QQQ have a monthly-return correlation of -0.23, 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, GDXD or QQQ?
GDXD yields 0.00% while QQQ yields 0.43%, so QQQ currently pays the higher dividend yield.
Is QQQ better than GDXD?
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.