GTR vs QQQ
WisdomTree Target Range Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GTR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.70% | 0.18% | |
| AUM | $73M | $496.3B | |
| Dividend Yield | 5.31% | 0.44% | |
| Holdings | 11 | 108 | |
| YTD Return | +10.64% | +19.52% | |
| 1Y Return | +16.54% | +26.68% | |
| 3Y Return (annualized) | +13.84% | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 9.9% | 30.6% | |
| Max Drawdown | -21.4% | -83.0% | |
| Fund Family | WisdomTree Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 7, 2021 | Mar 10, 1999 |
GTR vs QQQ Performance
WisdomTree Target Range Fund (GTR) is a ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GTR returned +16.54% while QQQ returned +26.68%. Year to date, GTR is up 10.64% versus a gain of 19.52% for QQQ.
Over three years, GTR compounded at +13.84% per year against +26.64% for QQQ. Across the full 5-year window we track, QQQ has the edge at +13.14% annualized vs +5.80%. 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 9.9% for GTR. 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 -21.4% for GTR 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GTR charges 0.70% per year while QQQ charges 0.18%. On a $10,000 position that is $70 vs $18 annually, a gap of $52 per year that compounds over a long holding period. On income, GTR currently yields 5.31% against 0.44% for QQQ.
Holdings Overlap
GTR and QQQ share 0 holdings out of 103 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, GTR or QQQ?
GTR has an expense ratio of 0.70% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, GTR or QQQ?
Over the past year GTR returned +16.54% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), GTR annualized +5.80% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, GTR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.9% for GTR. Worst drawdown: GTR -21.4% vs QQQ -83.0%.
Should I hold both GTR and QQQ?
GTR and QQQ have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GTR and QQQ?
GTR and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, GTR or QQQ?
GTR yields 5.31% while QQQ yields 0.44%, so GTR currently pays the higher dividend yield.
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