GRIN vs QQQ
VictoryShares International Free Cash Flow Growth ETF vs Invesco QQQ Trust, Series 1
Which is better, GRIN or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. GRIN is less concentrated, with 25.2% of the fund in its ten largest positions against 47.2%.
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 | GRIN | QQQ |
|---|---|---|
| Expense Ratio | 0.56% | 0.18%Best |
| AUM | $353M | $498.6B |
| Dividend Yield | 0.49% | 0.42% |
| Holdings | 207 | 321 |
| YTD Return | +18.84% | +22.67%Best |
| 1Y Return | +20.12% | +24.33%Best |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 18.7%Best | 19.0% |
| Max Drawdown | -14.3% | -12.0%Best |
| $10,000 over 1.3 years | $13,174 | $13,917Best |
| Top 10 Weight | 25.2%Best | 47.2% |
| Fund Family | Victory Capital Management Inc. | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 25, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 26, 2025 to Oct 2, 2026 (1.3 years).
GRIN 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 1.3 years both funds cover.
GRIN vs QQQ Performance
VictoryShares International Free Cash Flow Growth ETF (GRIN) is an ETF from Victory Capital Management Inc. and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GRIN returned +20.12% while QQQ returned +24.33%. Year to date, GRIN is up 18.84% versus a gain of 22.67% 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 19.0% compared with 18.7% for GRIN. 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 -14.3% for GRIN and -12.0% 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GRIN charges 0.56% per year while QQQ charges 0.18%. On a $10,000 position that is $56 vs $18 annually, a gap of $38 per year that compounds over a long holding period. On income, GRIN currently yields 0.49% against 0.42% for QQQ.
Holdings Overlap
4.3% of GRIN's money is in holdings QQQ also owns. 1.4% of QQQ's money is in holdings GRIN also owns.
GRIN and QQQ share little of their money.
2 positions in common, counted across the 100 positions we hold weights for in GRIN and 102 in QQQ, against full books of 207 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for GRIN (97.8% of the fund), and 2 for GRIN that do not appear in QQQ (2.5%).
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 GRIN 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, GRIN or QQQ?
GRIN has an expense ratio of 0.56% while QQQ charges 0.18%. QQQ is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, GRIN or QQQ?
Over the past year GRIN returned +20.12% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), GRIN annualized +23.62% vs +28.95% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GRIN or QQQ?
QQQ has been the more volatile fund at 19.0% annualized versus 18.7% for GRIN. Worst drawdown: GRIN -14.3% vs QQQ -12.0%.
Should I hold both GRIN and QQQ?
GRIN and QQQ have a monthly-return correlation of 0.68, 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 GRIN and QQQ?
4.3% of GRIN's money is in holdings QQQ also owns. 1.4% of QQQ's is in holdings GRIN also owns. They hold 2 positions in common, counted across the 100 positions we hold weights for in GRIN and 102 in QQQ.
Which pays a higher dividend, GRIN or QQQ?
GRIN yields 0.49% while QQQ yields 0.42%, so GRIN currently pays the higher dividend yield.
Is QQQ better than GRIN?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. GRIN is less concentrated, with 25.2% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.