GLNK vs QQQ
Grayscale Chainlink Trust ETF vs Invesco QQQ Trust, Series 1
Which is better, GLNK or QQQ?
Multi Alternative against Large Cap Growth.
GLNK has a lower expense ratio. QQQ led over 1Y, 3Y and the full window.
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 | GLNK | QQQ |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.18% |
| AUM | $129M | $483.5B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 1 | 107 |
| YTD Return | -14.84% | +17.21%Best |
| 1Y Return | -75.12% | +22.10%Best |
| 3Y Return (annualized) | -12.53% | +25.27%Best |
| 5Y Return (annualized) | - | +14.60% |
| Volatility (annualized) | 152.6% | 20.0%Best |
| Max Drawdown | -96.3% | -22.8%Best |
| $10,000 over 4.3 years | $12,687 | $25,244Best |
| Fund Family | Grayscale | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Feb 26, 2021 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: May 19, 2022 to Sep 17, 2026 (4.3 years).
GLNK 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 4.3 years both funds cover.
GLNK vs QQQ Performance
Grayscale Chainlink Trust ETF (GLNK) is an ETF from Grayscale and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GLNK returned -75.12% while QQQ returned +22.10%. Year to date, GLNK is down 14.84% versus a gain of 17.21% for QQQ.
Over three years, GLNK compounded at -12.53% per year against +25.27% for QQQ. Across the full 4-year window we track, QQQ has the edge at +24.03% annualized vs +5.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GLNK has been the more volatile fund, with annualized monthly volatility of 152.6% compared with 20.0% 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 -96.3% for GLNK 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 0.34. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GLNK charges 0.00% per year while QQQ charges 0.18%. On a $10,000 position that is $0 vs $18 annually, a gap of $18 per year that compounds over a long holding period. On income, GLNK currently yields 0.00% against 0.44% for QQQ.
You are not choosing between two funds in isolation.
Whichever of GLNK 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, GLNK or QQQ?
GLNK has an expense ratio of 0.00% while QQQ charges 0.18%. GLNK is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, GLNK or QQQ?
Over the past year GLNK returned -75.12% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), GLNK annualized +5.69% vs +24.03% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GLNK or QQQ?
GLNK has been the more volatile fund at 152.6% annualized versus 20.0% for QQQ. Worst drawdown: GLNK -96.3% vs QQQ -22.8%.
Should I hold both GLNK and QQQ?
GLNK and QQQ have a monthly-return correlation of 0.34, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GLNK or QQQ?
GLNK yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than GLNK?
GLNK has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.