GOOW vs QQQ
Roundhill GOOGL WeeklyPay ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. GOOW delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GOOW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.18% | |
| AUM | $82M | $496.3B | |
| Dividend Yield | 42.94% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | -4.98% | +16.64% | |
| 1Y Return | +61.03% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 51.0% | 30.6% | |
| Max Drawdown | -30.7% | -83.0% | |
| Fund Family | Roundhill Investments | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 24, 2025 | Mar 10, 1999 |
GOOW vs QQQ Performance
Roundhill GOOGL WeeklyPay ETF (GOOW) is a ETF from Roundhill Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GOOW returned +61.03% while QQQ returned +27.27%. Year to date, GOOW is down 4.98% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
GOOW has been the more volatile fund, with annualized monthly volatility of 51.0% compared with 30.6% 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 -30.7% for GOOW 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GOOW charges 1.00% per year while QQQ charges 0.18%. On a $10,000 position that is $100 vs $18 annually, a gap of $82 per year that compounds over a long holding period. On income, GOOW currently yields 42.94% against 0.44% for QQQ.
Holdings Overlap
GOOW and QQQ share 1 holdings out of 103 unique holdings combined, representing a 3.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GOOW | Weight in QQQ | Difference |
|---|---|---|---|
| GOOGL | 25.97% | 3.36% | 22.61% |
Frequently Asked Questions
Which is cheaper, GOOW or QQQ?
GOOW has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, GOOW or QQQ?
Over the past year GOOW returned +61.03% vs +27.27% for QQQ, so GOOW leads on 1-year performance. Over the longest common window we track (1 years), GOOW annualized +62.03% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GOOW or QQQ?
GOOW has been the more volatile fund at 51.0% annualized versus 30.6% for QQQ. Worst drawdown: GOOW -30.7% vs QQQ -83.0%.
Should I hold both GOOW and QQQ?
GOOW and QQQ have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GOOW and QQQ?
GOOW and QQQ share 1 common holdings with a 3.4% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, GOOW or QQQ?
GOOW yields 42.94% while QQQ yields 0.44%, so GOOW currently pays the higher dividend yield.
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