GQI vs QQQ
Natixis Gateway Quality Income ETF vs Invesco QQQ Trust, Series 1
Which is better, GQI or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | GQI | QQQ |
|---|---|---|
| Expense Ratio | 0.34% | 0.18%Best |
| AUM | $278M | $483.5B |
| Dividend Yield | 8.61% | 0.44% |
| Holdings | 110 | 107 |
| YTD Return | +14.07% | +21.71%Best |
| 1Y Return | +20.21% | +25.89%Best |
| 3Y Return (annualized) | - | +28.80% |
| 5Y Return (annualized) | - | +15.67% |
| Volatility (annualized) | 8.9%Best | 16.9% |
| Max Drawdown | -16.6%Best | -22.8% |
| $10,000 over 2.8 years | $15,351 | $18,800Best |
| Fund Family | Natixis Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 13, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Sep 25, 2026 (2.8 years).
GQI 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 2.8 years both funds cover.
GQI vs QQQ Performance
Natixis Gateway Quality Income ETF (GQI) is an ETF from Natixis Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GQI returned +20.21% while QQQ returned +25.89%. Year to date, GQI is up 14.07% versus a gain of 21.71% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 8.9% for GQI. 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 -16.6% for GQI and -22.8% 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GQI charges 0.34% per year while QQQ charges 0.18%. On a $10,000 position that is $34 vs $18 annually, a gap of $16 per year that compounds over a long holding period. On income, GQI currently yields 8.61% against 0.44% for QQQ.
Holdings Overlap
At least 70.3% of QQQ's money is in holdings GQI also owns.
Stated as a floor: for GQI, our book for it covers 89.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of QQQ is already inside GQI. Owning both mostly buys the same companies twice.
37 positions in common, counted across the 119 positions we hold weights for in GQI and 102 in QQQ, against full books of 110 and 107.
Top Shared Holdings
| Stock | Weight in GQI | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.52% | 8.44% | 0.08% |
| AAPLApple, Inc | 7.33% | 7.27% | 0.06% |
| MSFTMicrosoft Corp | 4.06% | 5.76% | 1.70% |
| GOOGLAlphabet Inc,class A | 5.20% | 3.36% | 1.84% |
| AMZNAmazon.Com Inc | 3.28% | 4.67% | 1.39% |
| MUMicron Technology, Inc. | 1.82% | 4.43% | 2.61% |
| AVGOBroadcom Inc | 2.11% | 3.16% | 1.05% |
| METAMeta Platforms Inc | 1.93% | 2.78% | 0.85% |
| AMDAdvanced Micro Devices Inc | 0.80% | 3.45% | 2.65% |
| TSLATesla Inc | 1.03% | 2.56% | 1.53% |
70.3% of QQQ is already inside GQI.
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, GQI or QQQ?
GQI has an expense ratio of 0.34% while QQQ charges 0.18%. QQQ is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, GQI or QQQ?
Over the past year GQI returned +20.21% vs +25.89% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GQI or QQQ?
QQQ has been the more volatile fund at 16.9% annualized versus 8.9% for GQI. Worst drawdown: GQI -16.6% vs QQQ -22.8%.
Should I hold both GQI and QQQ?
GQI and QQQ have a monthly-return correlation of 0.85, 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 GQI and QQQ?
At least 70.3% of QQQ's money is in holdings GQI also owns. Our book for GQI is partial, so the real figure is this or higher. They hold 37 positions in common, counted across the 119 positions we hold weights for in GQI and 102 in QQQ.
Which pays a higher dividend, GQI or QQQ?
GQI yields 8.61% while QQQ yields 0.44%, so GQI currently pays the higher dividend yield.
Is QQQ better than GQI?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.