GGN vs QQQ
GAMCO Global Gold Natural Resources & Income Trust vs Invesco QQQ Trust, Series 1
Which is better, GGN or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. GGN led over 5Y, QQQ over 1Y, 3Y and the full window. GGN is less concentrated, with 36.9% of the fund in its ten largest positions against 46.5%.
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 | GGN | QQQ |
|---|---|---|
| Expense Ratio | 1.40% | 0.18%Best |
| AUM | $1.0B | $483.5B |
| Dividend Yield | 6.70% | 0.44% |
| Holdings | 221 | 107 |
| YTD Return | +9.55% | +16.87%Best |
| 1Y Return | +17.39% | +22.98%Best |
| 3Y Return (annualized) | +22.28% | +24.98%Best |
| 5Y Return (annualized) | +16.38%Best | +14.39% |
| Volatility (annualized) | 26.8% | 18.4%Best |
| Max Drawdown | -94.2% | -53.5%Best |
| $10,000 over 5 years | $21,350Best | $19,586 |
| Top 10 Weight | 36.9%Best | 46.5% |
| Fund Family | Gabelli Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Mar 29, 2005 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Mar 29, 2005 to Sep 11, 2026 (21.5 years).
GGN 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.
GGN vs QQQ Performance
GAMCO Global Gold Natural Resources & Income Trust (GGN) is an ETF from Gabelli Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GGN returned +17.39% while QQQ returned +22.98%. Year to date, GGN is up 9.55% versus a gain of 16.87% for QQQ.
Over three years, GGN compounded at +22.28% per year against +24.98% for QQQ; over five years the annualized figures are +16.38% and +14.39% respectively. Across the full 22-year window we track, QQQ has the edge at +15.11% annualized vs -3.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGN has been the more volatile fund, with annualized monthly volatility of 26.8% compared with 18.4% 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 -94.2% for GGN 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 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GGN charges 1.40% per year while QQQ charges 0.18%. On a $10,000 position that is $140 vs $18 annually, a gap of $122 per year that compounds over a long holding period. On income, GGN currently yields 6.70% against 0.44% for QQQ.
Holdings Overlap
2.3% of GGN's money is in holdings QQQ also owns. 0.5% of QQQ's money is in holdings GGN also owns.
GGN and QQQ share little of their money.
The two holdings books were reported 127 days apart, GGN as of Mar 31, 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.
2 positions in common, counted across the 70 positions we hold weights for in GGN and 102 in QQQ, against full books of 221 and 107.
What only one of them owns
Our book lists 93 positions for QQQ that do not appear in our book for GGN (96.5% of the fund), and 32 for GGN that do not appear in QQQ (53.7%).
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 GGN 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, GGN or QQQ?
GGN has an expense ratio of 1.40% while QQQ charges 0.18%. QQQ is the cheaper option, by $122 a year on a $10,000 investment.
Which performed better, GGN or QQQ?
Over the past year GGN returned +17.39% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (22 years), GGN annualized -3.76% vs +15.11% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGN or QQQ?
GGN has been the more volatile fund at 26.8% annualized versus 18.4% for QQQ. Worst drawdown: GGN -94.2% vs QQQ -53.5%.
Should I hold both GGN and QQQ?
GGN and QQQ have a monthly-return correlation of 0.38, 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 GGN and QQQ?
2.3% of GGN's money is in holdings QQQ also owns. 0.5% of QQQ's is in holdings GGN also owns. They hold 2 positions in common, counted across the 70 positions we hold weights for in GGN and 102 in QQQ.
Which pays a higher dividend, GGN or QQQ?
GGN yields 6.70% while QQQ yields 0.44%, so GGN currently pays the higher dividend yield.
Is QQQ better than GGN?
QQQ has a lower expense ratio. GGN led over 5Y, QQQ over 1Y, 3Y and the full window. GGN is less concentrated, with 36.9% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.