GLOF vs QQQ
iShares Global Equity Factor ETF vs Invesco QQQ Trust, Series 1
Which is better, GLOF or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. GLOF is less concentrated, with 24.4% of the fund in its ten largest positions against 47.2%.
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 | GLOF | QQQ |
|---|---|---|
| Expense Ratio | 0.20% | 0.18%Best |
| AUM | $197M | $498.6B |
| Dividend Yield | 1.53% | 0.42% |
| Holdings | 715 | 321 |
| YTD Return | +16.84% | +22.95%Best |
| 1Y Return | +20.80% | +23.60%Best |
| 3Y Return (annualized) | +23.54% | +27.53%Best |
| 5Y Return (annualized) | +13.25% | +16.67%Best |
| Volatility (annualized) | 14.9%Best | 18.8% |
| Max Drawdown | -36.7% | -35.1%Best |
| $10,000 over 5 years | $18,629 | $21,617Best |
| Top 10 Weight | 24.4%Best | 47.2% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Apr 28, 2015 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: May 4, 2015 to Oct 9, 2026 (11.4 years).
GLOF 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 11.4 years both funds cover.
GLOF vs QQQ Performance
iShares Global Equity Factor ETF (GLOF) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GLOF returned +20.80% while QQQ returned +23.60%. Year to date, GLOF is up 16.84% versus a gain of 22.95% for QQQ.
Over three years, GLOF compounded at +23.54% per year against +27.53% for QQQ; over five years the annualized figures are +13.25% and +16.67% respectively. Across the full 11-year window we track, QQQ has the edge at +18.72% annualized vs +9.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 14.9% 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 -35.1% 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 0.84. 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 1.53% against 0.42% for QQQ.
Holdings Overlap
33.3% of GLOF's money is in holdings QQQ also owns. 83.2% of QQQ's money is in holdings GLOF also owns.
Most of QQQ is already inside GLOF. Owning both mostly buys the same companies twice.
57 positions in common, counted across the 664 positions we hold weights for in GLOF and 102 in QQQ, against full books of 715 and 321.
What only one of them owns
Our book lists 41 positions for QQQ that do not appear in our book for GLOF (14.9% of the fund), and 162 for GLOF that do not appear in QQQ (28.4%).
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 GLOF | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.83% | 8.45% | 3.62% |
| AAPLApple, Inc | 4.56% | 7.80% | 3.24% |
| MSFTMicrosoft Corp | 3.37% | 5.88% | 2.51% |
| AMZNAmazon.Com Inc | 2.18% | 4.41% | 2.23% |
| GOOGAlphabet Inc. C | 3.25% | 2.93% | 0.32% |
| MUMicron Technology, Inc. | 0.88% | 4.85% | 3.97% |
| AVGOBroadcom Inc | 1.68% | 2.74% | 1.06% |
| METAMeta Platforms Inc | 1.22% | 3.07% | 1.85% |
| AMDAdvanced Micro Devices Inc | 0.54% | 3.71% | 3.17% |
| TSLATesla Inc | 0.67% | 2.92% | 2.25% |
83.2% of QQQ is already inside GLOF.
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, GLOF or QQQ?
GLOF has an expense ratio of 0.20% while QQQ charges 0.18%. QQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, GLOF or QQQ?
Over the past year GLOF returned +20.80% vs +23.60% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), GLOF annualized +9.23% vs +18.72% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GLOF or QQQ?
QQQ has been the more volatile fund at 18.8% annualized versus 14.9% for GLOF. Worst drawdown: GLOF -36.7% vs QQQ -35.1%.
Should I hold both GLOF and QQQ?
GLOF and QQQ have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GLOF and QQQ?
83.2% of QQQ's money is in holdings GLOF also owns. 83.2% of QQQ's is in holdings GLOF also owns. They hold 57 positions in common, counted across the 664 positions we hold weights for in GLOF and 102 in QQQ.
Which pays a higher dividend, GLOF or QQQ?
GLOF yields 1.53% while QQQ yields 0.42%, so GLOF currently pays the higher dividend yield.
Is QQQ better than GLOF?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. GLOF is less concentrated, with 24.4% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.