GLOF vs QQQ
iShares Global Equity Factor ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. GLOF offers more diversification with 708 holdings.
Side-by-Side Comparison
| Metric | GLOF | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.18% | |
| AUM | $225M | $496.3B | |
| Dividend Yield | 1.58% | 0.44% | |
| Holdings | 708 | 108 | |
| YTD Return | +16.48% | +17.13% | |
| 1Y Return | +23.58% | +24.75% | |
| 3Y Return (annualized) | +22.42% | +24.85% | |
| 5Y Return (annualized) | +11.97% | +14.21% | |
| Volatility (annualized) | 15.0% | 30.6% | |
| Max Drawdown | -36.7% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Apr 28, 2015 | Mar 10, 1999 |
GLOF vs QQQ Performance
iShares Global Equity Factor ETF (GLOF) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GLOF returned +23.58% while QQQ returned +24.75%. Year to date, GLOF is up 16.48% versus a gain of 17.13% for QQQ.
Over three years, GLOF compounded at +22.42% per year against +24.85% for QQQ; over five years the annualized figures are +11.97% and +14.21% respectively. Across the full 11-year window we track, QQQ has the edge at +13.04% annualized vs +9.30%. 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 15.0% for GLOF. 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 -36.7% for GLOF 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GLOF charges 0.20% per year while QQQ charges 0.18%. On a $10,000 position that is $20 vs $18 annually, a gap of $2 per year that compounds over a long holding period. On income, GLOF currently yields 1.58% against 0.44% for QQQ.
Holdings Overlap
GLOF and QQQ share 55 holdings out of 679 unique holdings combined, representing a 33.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GLOF or QQQ?
GLOF has an expense ratio of 0.20% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, GLOF or QQQ?
Over the past year GLOF returned +23.58% vs +24.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), GLOF annualized +9.30% vs +13.04% for QQQ. Past performance does not guarantee future results.
Which is riskier, GLOF or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.0% for GLOF. Worst drawdown: GLOF -36.7% vs QQQ -83.0%.
Should I hold both GLOF and QQQ?
GLOF and QQQ have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GLOF and QQQ?
GLOF and QQQ share 55 common holdings with a 33.4% weight overlap. Combined, they hold 679 unique securities.
Which pays a higher dividend, GLOF or QQQ?
GLOF yields 1.58% while QQQ yields 0.44%, so GLOF currently pays the higher dividend yield.
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