GQRE vs QQQ
FlexShares Global Quality Real Estate Index Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. GQRE offers more diversification with 197 holdings.
Side-by-Side Comparison
| Metric | GQRE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.18% | |
| AUM | $421M | $496.3B | |
| Dividend Yield | 4.18% | 0.44% | |
| Holdings | 197 | 108 | |
| YTD Return | +10.25% | +16.64% | |
| 1Y Return | +11.66% | +27.27% | |
| 3Y Return (annualized) | +12.26% | +25.96% | |
| 5Y Return (annualized) | +2.09% | +14.54% | |
| Volatility (annualized) | 15.6% | 30.6% | |
| Max Drawdown | -42.0% | -83.0% | |
| Fund Family | Flexshares Trust | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Nov 5, 2013 | Mar 10, 1999 |
GQRE vs QQQ Performance
FlexShares Global Quality Real Estate Index Fund (GQRE) is a ETF from Flexshares Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GQRE returned +11.66% while QQQ returned +27.27%. Year to date, GQRE is up 10.25% versus a gain of 16.64% for QQQ.
Over three years, GQRE compounded at +12.26% per year against +25.96% for QQQ; over five years the annualized figures are +2.09% and +14.54% respectively. Across the full 13-year window we track, QQQ has the edge at +13.03% annualized vs +3.38%. 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 15.6% for GQRE. 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 -42.0% for GQRE 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GQRE charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, GQRE currently yields 4.18% against 0.44% for QQQ.
Holdings Overlap
GQRE and QQQ share 0 holdings out of 238 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GQRE or QQQ?
GQRE has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, GQRE or QQQ?
Over the past year GQRE returned +11.66% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), GQRE annualized +3.38% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GQRE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.6% for GQRE. Worst drawdown: GQRE -42.0% vs QQQ -83.0%.
Should I hold both GQRE and QQQ?
GQRE and QQQ have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GQRE and QQQ?
GQRE and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 238 unique securities.
Which pays a higher dividend, GQRE or QQQ?
GQRE yields 4.18% while QQQ yields 0.44%, so GQRE currently pays the higher dividend yield.
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