GQI vs QQQ
Natixis Gateway Quality Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. GQI offers more diversification with 110 holdings.
Side-by-Side Comparison
| Metric | GQI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.34% | 0.18% | |
| AUM | $275M | $496.3B | |
| Dividend Yield | 8.59% | 0.44% | |
| Holdings | 110 | 108 | |
| YTD Return | +12.02% | +16.64% | |
| 1Y Return | +21.67% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 9.0% | 30.6% | |
| Max Drawdown | -16.6% | -83.0% | |
| Fund Family | Natixis Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 13, 2023 | Mar 10, 1999 |
GQI vs QQQ Performance
Natixis Gateway Quality Income ETF (GQI) is a ETF from Natixis Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GQI returned +21.67% while QQQ returned +27.27%. Year to date, GQI is up 12.02% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.0% 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 -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 0.85. 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 8.59% against 0.44% for QQQ.
Holdings Overlap
GQI and QQQ share 34 holdings out of 175 unique holdings combined, representing a 42.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $16 per year of difference.
Which performed better, GQI or QQQ?
Over the past year GQI returned +21.67% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), GQI annualized +16.38% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GQI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.0% for GQI. Worst drawdown: GQI -16.6% vs QQQ -83.0%.
Should I hold both GQI and QQQ?
GQI and QQQ have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GQI and QQQ?
GQI and QQQ share 34 common holdings with a 42.5% weight overlap. Combined, they hold 175 unique securities.
Which pays a higher dividend, GQI or QQQ?
GQI yields 8.59% while QQQ yields 0.44%, so GQI currently pays the higher dividend yield.
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