GIND vs QQQ
Goldman Sachs India Equity ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. GIND offers more diversification with 122 holdings.
Side-by-Side Comparison
| Metric | GIND | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.18% | |
| AUM | $170M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 122 | 108 | |
| YTD Return | -6.14% | +16.23% | |
| 1Y Return | -6.85% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 15.7% | 30.6% | |
| Max Drawdown | -23.0% | -83.0% | |
| Fund Family | Goldman Sachs Asset Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Apr 1, 2025 | Mar 10, 1999 |
GIND vs QQQ Performance
Goldman Sachs India Equity ETF (GIND) is a ETF from Goldman Sachs Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GIND returned -6.85% while QQQ returned +26.23%. Year to date, GIND is down 6.14% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.7% for GIND. 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 -23.0% for GIND 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GIND charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, GIND currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
GIND and QQQ share 0 holdings out of 226 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GIND or QQQ?
GIND has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, GIND or QQQ?
Over the past year GIND returned -6.85% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), GIND annualized -0.73% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, GIND or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.7% for GIND. Worst drawdown: GIND -23.0% vs QQQ -83.0%.
Should I hold both GIND and QQQ?
GIND and QQQ have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GIND and QQQ?
GIND and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 226 unique securities.
Which pays a higher dividend, GIND or QQQ?
GIND yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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