GIAX vs QQQ
Nicholas Global Equity and Income ETF vs Invesco QQQ Trust, Series 1
Which is better, GIAX or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94.
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 | GIAX | QQQ |
|---|---|---|
| Expense Ratio | 1.03% | 0.18%Best |
| AUM | $99M | $437.3B |
| Dividend Yield | 27.38% | 0.43% |
| Holdings | 213 | 208 |
| YTD Return | +2.36% | +12.62%Best |
| 1Y Return | +0.62% | +11.32%Best |
| 3Y Return (annualized) | - | +22.90% |
| 5Y Return (annualized) | - | +12.43% |
| Volatility (annualized) | 21.3% | 18.1%Best |
| Max Drawdown | -21.2%Best | -22.8% |
| $10,000 over 2.3 years | $11,959 | $15,253Best |
| Fund Family | XFunds | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Jul 29, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 30, 2024 to Nov 12, 2026 (2.3 years).
GIAX 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 2.3 years both funds cover.
GIAX vs QQQ Performance
Nicholas Global Equity and Income ETF (GIAX) is an ETF from XFunds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GIAX returned +0.62% while QQQ returned +11.32%. Year to date, GIAX is up 2.36% versus a gain of 12.62% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GIAX has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 18.1% 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 -21.2% for GIAX 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GIAX charges 1.03% per year while QQQ charges 0.18%. On a $10,000 position that is $103 vs $18 annually, a gap of $85 per year that compounds over a long holding period. On income, GIAX currently yields 27.38% against 0.43% for QQQ.
You are not choosing between two funds in isolation.
Whichever of GIAX 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, GIAX or QQQ?
GIAX has an expense ratio of 1.03% while QQQ charges 0.18%. QQQ is the cheaper option, by $85 a year on a $10,000 investment.
Which performed better, GIAX or QQQ?
Over the past year GIAX returned +0.62% vs +11.32% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), GIAX annualized +8.09% vs +20.15% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GIAX or QQQ?
GIAX has been the more volatile fund at 21.3% annualized versus 18.1% for QQQ. Worst drawdown: GIAX -21.2% vs QQQ -22.8%.
Should I hold both GIAX and QQQ?
GIAX and QQQ have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, GIAX or QQQ?
GIAX yields 27.38% while QQQ yields 0.43%, so GIAX currently pays the higher dividend yield.
Is QQQ better than GIAX?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.