GNOM vs QQQ
Global X Genomics & Biotechnology ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. GNOM delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GNOM | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.18% | |
| AUM | $79M | $455.8B | |
| Dividend Yield | 1.15% | 0.41% | |
| Holdings | 52 | 108 | |
| YTD Return | +29.47% | +19.68% | |
| 1Y Return | +62.73% | +26.75% | |
| 3Y Return (annualized) | +9.84% | +26.25% | |
| 5Y Return (annualized) | -8.17% | +15.39% | |
| Volatility (annualized) | 29.7% | 30.6% | |
| Max Drawdown | -75.0% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Apr 5, 2019 | Mar 10, 1999 |
GNOM vs QQQ Performance
Global X Genomics & Biotechnology ETF (GNOM) is a ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GNOM returned +62.73% while QQQ returned +26.75%. Year to date, GNOM is up 29.47% versus a gain of 19.68% for QQQ.
Over three years, GNOM compounded at +9.84% per year against +26.25% for QQQ; over five years the annualized figures are -8.17% and +15.39% respectively. Across the full 7-year window we track, QQQ has the edge at +13.15% annualized vs -0.33%. 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 29.7% for GNOM. 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 -75.0% for GNOM 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GNOM charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, GNOM currently yields 1.15% against 0.41% for QQQ.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, GNOM or QQQ?
GNOM has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, GNOM or QQQ?
Over the past year GNOM returned +62.73% vs +26.75% for QQQ, so GNOM leads on 1-year performance. Over the longest common window we track (7 years), GNOM annualized -0.33% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, GNOM or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 29.7% for GNOM. Worst drawdown: GNOM -75.0% vs QQQ -83.0%.
Should I hold both GNOM and QQQ?
GNOM and QQQ have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GNOM and QQQ?
GNOM and QQQ share 2 common holdings with a 1.3% weight overlap. Combined, they hold 136 unique securities.
Which pays a higher dividend, GNOM or QQQ?
GNOM yields 1.15% while QQQ yields 0.41%, so GNOM currently pays the higher dividend yield.
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