GVLE vs QQQ
Goldman Sachs Value Opportunities ETF vs Invesco QQQ Trust, Series 1
Which is better, GVLE or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 51.1%.
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 | GVLE | QQQ |
|---|---|---|
| Expense Ratio | 0.45% | 0.18%Best |
| AUM | $43M | $483.5B |
| Dividend Yield | 0.98% | 0.44% |
| Holdings | 32 | 107 |
| YTD Return | +17.07% | +21.71%Best |
| 1Y Return | - | +25.89% |
| 3Y Return (annualized) | - | +28.80% |
| 5Y Return (annualized) | - | +15.67% |
| Top 10 Weight | 51.1% | 46.5%Best |
| Fund Family | Goldman Sachs Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jul 31, 2015 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
GVLE 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.
GVLE vs QQQ Performance
Goldman Sachs Value Opportunities ETF (GVLE) is an ETF from Goldman Sachs Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, GVLE is up 17.07% versus a gain of 21.71% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
GVLE 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, GVLE currently yields 0.98% against 0.44% for QQQ.
Holdings Overlap
29.6% of GVLE's money is in holdings QQQ also owns. 17.1% of QQQ's money is in holdings GVLE also owns.
GVLE and QQQ share little of their money.
6 positions in common, counted across the 31 positions we hold weights for in GVLE and 102 in QQQ, against full books of 32 and 107.
What only one of them owns
Our book lists 90 positions for QQQ that do not appear in our book for GVLE (80.5% of the fund), and 24 for GVLE that do not appear in QQQ (66.6%).
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.
29.6% of GVLE 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, GVLE or QQQ?
GVLE has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
What is the holdings overlap between GVLE and QQQ?
29.6% of GVLE's money is in holdings QQQ also owns. 17.1% of QQQ's is in holdings GVLE also owns. They hold 6 positions in common, counted across the 31 positions we hold weights for in GVLE and 102 in QQQ.
Which pays a higher dividend, GVLE or QQQ?
GVLE yields 0.98% while QQQ yields 0.44%, so GVLE currently pays the higher dividend yield.
Is QQQ better than GVLE?
QQQ has a lower expense ratio. QQQ led over 1Y. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 51.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.