GNT vs QQQ
GAMCO Natural Resources Gold & Income Trust vs Invesco QQQ Trust, Series 1
Which is better, GNT or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. GNT led over 1Y, 3Y and 5Y, QQQ over the full window. GNT is less concentrated, with 30.1% 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 | GNT | QQQ |
|---|---|---|
| Expense Ratio | 1.18% | 0.18%Best |
| AUM | $181M | $483.5B |
| Dividend Yield | 7.40% | 0.44% |
| Holdings | 281 | 107 |
| YTD Return | +27.99%Best | +15.86% |
| 1Y Return | +41.04%Best | +22.63% |
| 3Y Return (annualized) | +30.64%Best | +24.15% |
| 5Y Return (annualized) | +19.46%Best | +14.16% |
| Volatility (annualized) | 22.6% | 17.4%Best |
| Max Drawdown | -88.1% | -35.1%Best |
| $10,000 over 5 years | $24,328Best | $19,390 |
| Top 10 Weight | 30.1%Best | 46.5% |
| Fund Family | Gabelli Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 27, 2011 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jan 27, 2011 to Sep 10, 2026 (15.6 years).
GNT 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GNT vs QQQ Performance
GAMCO Natural Resources Gold & Income Trust (GNT) is an ETF from Gabelli Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GNT returned +41.04% while QQQ returned +22.63%. Year to date, GNT is up 27.99% versus a gain of 15.86% for QQQ.
Over three years, GNT compounded at +30.64% per year against +24.15% for QQQ; over five years the annualized figures are +19.46% and +14.16% respectively. Across the full 16-year window we track, QQQ has the edge at +17.73% annualized vs -2.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GNT has been the more volatile fund, with annualized monthly volatility of 22.6% compared with 17.4% 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 -88.1% for GNT 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 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GNT charges 1.18% per year while QQQ charges 0.18%. On a $10,000 position that is $118 vs $18 annually, a gap of $100 per year that compounds over a long holding period. On income, GNT currently yields 7.40% against 0.44% for QQQ.
Holdings Overlap
1.5% of GNT's money is in holdings QQQ also owns. 0.5% of QQQ's money is in holdings GNT also owns.
GNT and QQQ share little of their money.
The two holdings books were reported 127 days apart, GNT as of Mar 31, 2026 and QQQ as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 88 positions we hold weights for in GNT and 102 in QQQ, against full books of 281 and 107.
What only one of them owns
Our book lists 93 positions for QQQ that do not appear in our book for GNT (96.5% of the fund), and 43 for GNT that do not appear in QQQ (54.3%).
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.
You are not choosing between two funds in isolation.
Whichever of GNT 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, GNT or QQQ?
GNT has an expense ratio of 1.18% while QQQ charges 0.18%. QQQ is the cheaper option, by $100 a year on a $10,000 investment.
Which performed better, GNT or QQQ?
Over the past year GNT returned +41.04% vs +22.63% for QQQ, so GNT leads on 1-year performance. Over the longest common window we track (16 years), GNT annualized -2.47% vs +17.73% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GNT or QQQ?
GNT has been the more volatile fund at 22.6% annualized versus 17.4% for QQQ. Worst drawdown: GNT -88.1% vs QQQ -35.1%.
Should I hold both GNT and QQQ?
GNT and QQQ have a monthly-return correlation of 0.44, 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 GNT and QQQ?
1.5% of GNT's money is in holdings QQQ also owns. 0.5% of QQQ's is in holdings GNT also owns. They hold 2 positions in common, counted across the 88 positions we hold weights for in GNT and 102 in QQQ.
Which pays a higher dividend, GNT or QQQ?
GNT yields 7.40% while QQQ yields 0.44%, so GNT currently pays the higher dividend yield.
Is QQQ better than GNT?
QQQ has a lower expense ratio. GNT led over 1Y, 3Y and 5Y, QQQ over the full window. GNT is less concentrated, with 30.1% 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.