GVLU vs QQQ
Gotham 1000 Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. GVLU offers more diversification with 476 holdings.
Side-by-Side Comparison
| Metric | GVLU | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.18% | |
| AUM | $257M | $496.3B | |
| Dividend Yield | 5.71% | 0.44% | |
| Holdings | 476 | 108 | |
| YTD Return | +18.48% | +16.64% | |
| 1Y Return | +25.88% | +27.27% | |
| 3Y Return (annualized) | +17.37% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 17.2% | 30.6% | |
| Max Drawdown | -20.8% | -83.0% | |
| Fund Family | Gotham ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 7, 2022 | Mar 10, 1999 |
GVLU vs QQQ Performance
Gotham 1000 Value ETF (GVLU) is a ETF from Gotham ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GVLU returned +25.88% while QQQ returned +27.27%. Year to date, GVLU is up 18.48% versus a gain of 16.64% for QQQ.
Over three years, GVLU compounded at +17.37% per year against +25.96% for QQQ. Across the full 4-year window we track, GVLU has the edge at +13.03% annualized vs +13.03%. 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 17.2% for GVLU. 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 -20.8% for GVLU 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GVLU charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, GVLU currently yields 5.71% against 0.44% for QQQ.
Holdings Overlap
GVLU and QQQ share 25 holdings out of 550 unique holdings combined, representing a 4.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GVLU or QQQ?
GVLU has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, GVLU or QQQ?
Over the past year GVLU returned +25.88% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), GVLU annualized +13.03% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GVLU or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.2% for GVLU. Worst drawdown: GVLU -20.8% vs QQQ -83.0%.
Should I hold both GVLU and QQQ?
GVLU and QQQ have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GVLU and QQQ?
GVLU and QQQ share 25 common holdings with a 4.5% weight overlap. Combined, they hold 550 unique securities.
Which pays a higher dividend, GVLU or QQQ?
GVLU yields 5.71% while QQQ yields 0.44%, so GVLU currently pays the higher dividend yield.
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