GJUN vs QQQ
FT Vest US Equity Moderate Buffer ETF - June vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | GJUN | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.18% | |
| AUM | $515M | $455.8B | |
| Dividend Yield | 0.00% | 0.41% | |
| Holdings | 5 | 108 | |
| YTD Return | +5.96% | +17.85% | |
| 1Y Return | +10.15% | +26.45% | |
| 3Y Return (annualized) | +11.57% | +26.07% | |
| 5Y Return (annualized) | - | +15.16% | |
| Volatility (annualized) | 6.1% | 30.6% | |
| Max Drawdown | -11.0% | -83.0% | |
| Fund Family | First Trust Portfolios (US) | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 16, 2023 | Mar 10, 1999 |
GJUN vs QQQ Performance
FT Vest US Equity Moderate Buffer ETF - June (GJUN) is a ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GJUN returned +10.15% while QQQ returned +26.45%. Year to date, GJUN is up 5.96% versus a gain of 17.85% for QQQ.
Over three years, GJUN compounded at +11.57% per year against +26.07% for QQQ. Across the full 3-year window we track, QQQ has the edge at +13.09% annualized vs +11.43%. 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 6.1% for GJUN. 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 -11.0% for GJUN 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GJUN charges 0.85% per year while QQQ charges 0.18%. On a $10,000 position that is $85 vs $18 annually, a gap of $67 per year that compounds over a long holding period. On income, GJUN currently yields 0.00% against 0.41% for QQQ.
Holdings Overlap
GJUN and QQQ share 0 holdings out of 104 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, GJUN or QQQ?
GJUN has an expense ratio of 0.85% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $67 per year of difference.
Which performed better, GJUN or QQQ?
Over the past year GJUN returned +10.15% vs +26.45% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), GJUN annualized +11.43% vs +13.09% for QQQ. Past performance does not guarantee future results.
Which is riskier, GJUN or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 6.1% for GJUN. Worst drawdown: GJUN -11.0% vs QQQ -83.0%.
Should I hold both GJUN and QQQ?
GJUN and QQQ have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GJUN and QQQ?
GJUN and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, GJUN or QQQ?
GJUN yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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