GTOP vs QQQ
Goldman Sachs Technology Opportunities ETF vs Invesco QQQ Trust, Series 1
Which is better, GTOP or QQQ?
GTOP has been ahead.
QQQ has a lower expense ratio. GTOP led over 1Y. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 55.7%.
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 | GTOP | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $710M | $483.5B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 36 | 107 |
| YTD Return | +25.93%Best | +17.95% |
| 1Y Return | - | +21.77% |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Top 10 Weight | 55.7% | 46.5%Best |
| Fund Family | Goldman Sachs Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 5, 2025 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
GTOP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GTOP vs QQQ Performance
Goldman Sachs Technology Opportunities ETF (GTOP) is an ETF from Goldman Sachs Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, GTOP is up 25.93% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
GTOP charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, GTOP currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
74.3% of GTOP's money is in holdings QQQ also owns. 56.3% of QQQ's money is in holdings GTOP also owns.
Most of GTOP is already inside QQQ. Owning both mostly buys the same companies twice.
22 positions in common, counted across the 37 positions we hold weights for in GTOP and 102 in QQQ, against full books of 36 and 107.
What only one of them owns
Our book lists 74 positions for QQQ that do not appear in our book for GTOP (41.3% of the fund), and 13 for GTOP that do not appear in QQQ (22.4%).
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.
Top Shared Holdings
| Stock | Weight in GTOP | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.51% | 8.44% | 5.07% |
| GOOGAlphabet Inc | 9.33% | 3.13% | 6.20% |
| AAPLApple, Inc | 4.83% | 7.27% | 2.44% |
| AMZNAmazon.Com Inc | 5.09% | 4.67% | 0.42% |
| MSFTMicrosoft Corp | 3.97% | 5.76% | 1.79% |
| MUMicron Technology, Inc. | 4.02% | 4.43% | 0.41% |
| AMDAdvanced Micro Devices Inc | 4.32% | 3.45% | 0.87% |
| METAMeta Platforms Inc | 3.73% | 2.78% | 0.95% |
| AVGOBroadcom Inc | 2.54% | 3.16% | 0.62% |
| PANWPalo Alto Networks, Inc | 3.62% | 1.30% | 2.32% |
74.3% of GTOP is already inside QQQ.
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, GTOP or QQQ?
GTOP has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
What is the holdings overlap between GTOP and QQQ?
74.3% of GTOP's money is in holdings QQQ also owns. 56.3% of QQQ's is in holdings GTOP also owns. They hold 22 positions in common, counted across the 37 positions we hold weights for in GTOP and 102 in QQQ.
Which pays a higher dividend, GTOP or QQQ?
GTOP yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than GTOP?
QQQ has a lower expense ratio. GTOP led over 1Y. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 55.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.