GINX vs QQQ
SGI Enhanced Global Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. GINX delivered stronger 1-year returns. GINX offers more diversification with 160 holdings.
Side-by-Side Comparison
| Metric | GINX | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.02% | 0.18% | |
| AUM | $105M | $496.3B | |
| Dividend Yield | 4.15% | 0.44% | |
| Holdings | 160 | 108 | |
| YTD Return | +17.41% | +19.52% | |
| 1Y Return | +33.01% | +26.68% | |
| 3Y Return (annualized) | - | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 9.6% | 30.6% | |
| Max Drawdown | -12.5% | -83.0% | |
| Fund Family | Summit Global Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 29, 2024 | Mar 10, 1999 |
GINX vs QQQ Performance
SGI Enhanced Global Income ETF (GINX) is a ETF from Summit Global Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GINX returned +33.01% while QQQ returned +26.68%. Year to date, GINX is up 17.41% versus a gain of 19.52% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.6% for GINX. 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 -12.5% for GINX 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GINX charges 1.02% per year while QQQ charges 0.18%. On a $10,000 position that is $102 vs $18 annually, a gap of $84 per year that compounds over a long holding period. On income, GINX currently yields 4.15% against 0.44% for QQQ.
Holdings Overlap
GINX and QQQ share 9 holdings out of 227 unique holdings combined, representing a 4.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GINX or QQQ?
GINX has an expense ratio of 1.02% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $84 per year of difference.
Which performed better, GINX or QQQ?
Over the past year GINX returned +33.01% vs +26.68% for QQQ, so GINX leads on 1-year performance. Over the longest common window we track (3 years), GINX annualized +21.54% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, GINX or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.6% for GINX. Worst drawdown: GINX -12.5% vs QQQ -83.0%.
Should I hold both GINX and QQQ?
GINX and QQQ have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GINX and QQQ?
GINX and QQQ share 9 common holdings with a 4.4% weight overlap. Combined, they hold 227 unique securities.
Which pays a higher dividend, GINX or QQQ?
GINX yields 4.15% while QQQ yields 0.44%, so GINX currently pays the higher dividend yield.
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