GGRW vs QQQ
Gabelli Growth Innovators ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
GGRW has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GGRW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.00% | 0.18% | |
| AUM | $9M | $496.3B | |
| Dividend Yield | 0.41% | 0.44% | |
| Holdings | 42 | 108 | |
| YTD Return | +6.22% | +16.30% | |
| 1Y Return | +9.64% | +24.83% | |
| 3Y Return (annualized) | +25.60% | +25.48% | |
| 5Y Return (annualized) | +7.18% | +14.50% | |
| Volatility (annualized) | 21.6% | 30.6% | |
| Max Drawdown | -50.3% | -83.0% | |
| Fund Family | Gabelli Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 16, 2021 | Mar 10, 1999 |
GGRW vs QQQ Performance
Gabelli Growth Innovators ETF (GGRW) is a ETF from Gabelli Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GGRW returned +9.64% while QQQ returned +24.83%. Year to date, GGRW is up 6.22% versus a gain of 16.30% for QQQ.
Over three years, GGRW compounded at +25.60% per year against +25.48% for QQQ; over five years the annualized figures are +7.18% and +14.50% respectively. Across the full 6-year window we track, QQQ has the edge at +13.01% annualized vs +7.58%. 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 21.6% for GGRW. 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 -50.3% for GGRW 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GGRW charges 0.00% per year while QQQ charges 0.18%. On a $10,000 position that is $0 vs $18 annually, a gap of $18 per year that compounds over a long holding period. On income, GGRW currently yields 0.41% against 0.44% for QQQ.
Holdings Overlap
GGRW and QQQ share 20 holdings out of 124 unique holdings combined, representing a 40.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GGRW or QQQ?
GGRW has an expense ratio of 0.00% while QQQ charges 0.18%. GGRW is the cheaper option. On a $10,000 investment, that is $18 per year of difference.
Which performed better, GGRW or QQQ?
Over the past year GGRW returned +9.64% vs +24.83% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), GGRW annualized +7.58% vs +13.01% for QQQ. Past performance does not guarantee future results.
Which is riskier, GGRW or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 21.6% for GGRW. Worst drawdown: GGRW -50.3% vs QQQ -83.0%.
Should I hold both GGRW and QQQ?
GGRW and QQQ have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between GGRW and QQQ?
GGRW and QQQ share 20 common holdings with a 40.3% weight overlap. Combined, they hold 124 unique securities.
Which pays a higher dividend, GGRW or QQQ?
GGRW yields 0.41% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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