GRIN vs QQQ
VictoryShares International Free Cash Flow Growth ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. GRIN delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GRIN | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.18% | |
| AUM | $339M | $496.3B | |
| Dividend Yield | 0.53% | 0.44% | |
| Holdings | 104 | 108 | |
| YTD Return | +22.28% | +16.23% | |
| 1Y Return | +32.47% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 19.9% | 30.6% | |
| Max Drawdown | -14.3% | -83.0% | |
| Fund Family | Victory Capital Management Inc. | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 25, 2025 | Mar 10, 1999 |
GRIN vs QQQ Performance
VictoryShares International Free Cash Flow Growth ETF (GRIN) is a ETF from Victory Capital Management Inc. and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GRIN returned +32.47% while QQQ returned +26.23%. Year to date, GRIN is up 22.28% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 19.9% 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 -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 0.70. They usually move together, but the gap leaves some room for diversification.
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 0.53% against 0.44% for QQQ.
Holdings Overlap
GRIN and QQQ share 1 holdings out of 201 unique holdings combined, representing a 0.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GRIN | Weight in QQQ | Difference |
|---|---|---|---|
| SHOP:CA | 0.73% | 0.77% | 0.04% |
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. On a $10,000 investment, that is $38 per year of difference.
Which performed better, GRIN or QQQ?
Over the past year GRIN returned +32.47% vs +26.23% for QQQ, so GRIN leads on 1-year performance. Over the longest common window we track (1 years), GRIN annualized +29.51% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, GRIN or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 19.9% for GRIN. Worst drawdown: GRIN -14.3% vs QQQ -83.0%.
Should I hold both GRIN and QQQ?
GRIN and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GRIN and QQQ?
GRIN and QQQ share 1 common holdings with a 0.7% weight overlap. Combined, they hold 201 unique securities.
Which pays a higher dividend, GRIN or QQQ?
GRIN yields 0.53% while QQQ yields 0.44%, so GRIN currently pays the higher dividend yield.
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