GLBL vs QQQ
Pacer MSCI World Industry Advantage ETF vs Invesco QQQ Trust, Series 1
Which is better, GLBL or QQQ?
Large Cap Blend 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. GLBL is less concentrated, with 39.4% of the fund in its ten largest positions against 46.5%.
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 | GLBL | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $1M | $483.5B |
| Dividend Yield | 0.76% | 0.44% |
| Holdings | 366 | 107 |
| YTD Return | +10.88% | +15.21%Best |
| 1Y Return | +13.78% | +19.78%Best |
| 3Y Return (annualized) | - | +24.58% |
| 5Y Return (annualized) | - | +13.93% |
| Volatility (annualized) | 15.4%Best | 18.7% |
| Max Drawdown | -19.8%Best | -22.8% |
| $10,000 over 2 years | $13,945 | $15,053Best |
| Top 10 Weight | 39.4%Best | 46.5% |
| Fund Family | Pacer ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 16, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 17, 2024 to Sep 16, 2026 (2 years).
GLBL 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 years both funds cover.
GLBL vs QQQ Performance
Pacer MSCI World Industry Advantage ETF (GLBL) is an ETF from Pacer ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GLBL returned +13.78% while QQQ returned +19.78%. Year to date, GLBL is up 10.88% versus a gain of 15.21% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 15.4% for GLBL. 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 -19.8% for GLBL 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
GLBL charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, GLBL currently yields 0.76% against 0.44% for QQQ.
Holdings Overlap
57.1% of GLBL's money is in holdings QQQ also owns. 81.5% of QQQ's money is in holdings GLBL also owns.
Most of QQQ is already inside GLBL. Owning both mostly buys the same companies twice.
61 positions in common, counted across the 355 positions we hold weights for in GLBL and 102 in QQQ, against full books of 366 and 107.
What only one of them owns
Our book lists 35 positions for QQQ that do not appear in our book for GLBL (16.0% of the fund), and 172 for GLBL that do not appear in QQQ (28.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GLBL | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.00% | 8.44% | 3.44% |
| AAPLApple, Inc | 4.94% | 7.27% | 2.33% |
| MSFTMicrosoft Corp | 5.19% | 5.76% | 0.57% |
| AMZNAmazon.Com Inc | 4.83% | 4.67% | 0.16% |
| GOOGLAlphabet Inc,class A | 4.60% | 3.36% | 1.24% |
| AVGOBroadcom Inc | 3.92% | 3.16% | 0.76% |
| MUMicron Technology, Inc. | 2.53% | 4.43% | 1.90% |
| GOOGAlphabet Inc | 3.64% | 3.13% | 0.51% |
| METAMeta Platforms Inc | 2.93% | 2.78% | 0.15% |
| AMDAdvanced Micro Devices Inc | 1.78% | 3.45% | 1.67% |
81.5% of QQQ is already inside GLBL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GLBL or QQQ?
GLBL has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, GLBL or QQQ?
Over the past year GLBL returned +13.78% vs +19.78% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), GLBL annualized +18.09% vs +22.69% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GLBL or QQQ?
QQQ has been the more volatile fund at 18.7% annualized versus 15.4% for GLBL. Worst drawdown: GLBL -19.8% vs QQQ -22.8%.
Should I hold both GLBL and QQQ?
GLBL 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.
What is the holdings overlap between GLBL and QQQ?
81.5% of QQQ's money is in holdings GLBL also owns. 81.5% of QQQ's is in holdings GLBL also owns. They hold 61 positions in common, counted across the 355 positions we hold weights for in GLBL and 102 in QQQ.
Which pays a higher dividend, GLBL or QQQ?
GLBL yields 0.76% while QQQ yields 0.44%, so GLBL currently pays the higher dividend yield.
Is QQQ better than GLBL?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. GLBL is less concentrated, with 39.4% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.