GVLU vs QQQ
Gotham 1000 Value ETF vs Invesco QQQ Trust, Series 1
Which is better, GVLU or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. GVLU is less concentrated, with 4.8% of the fund in its ten largest positions against 46.5%.
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 | GVLU | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $256M | $483.5B |
| Dividend Yield | 5.48% | 0.44% |
| Holdings | 475 | 107 |
| YTD Return | +12.49% | +17.95%Best |
| 1Y Return | +16.48% | +21.77%Best |
| 3Y Return (annualized) | +15.23% | +25.63%Best |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 17.1%Best | 19.5% |
| Max Drawdown | -20.8%Best | -22.8% |
| $10,000 over 4.3 years | $15,920 | $24,177Best |
| Top 10 Weight | 4.8%Best | 46.5% |
| Fund Family | Gotham ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jun 7, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jun 8, 2022 to Sep 18, 2026 (4.3 years).
GVLU 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 covers the 4.3 years both funds cover.
GVLU vs QQQ Performance
Gotham 1000 Value ETF (GVLU) is an ETF from Gotham ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GVLU returned +16.48% while QQQ returned +21.77%. Year to date, GVLU is up 12.49% versus a gain of 17.95% for QQQ.
Over three years, GVLU compounded at +15.23% per year against +25.63% for QQQ. Across the full 4-year window we track, QQQ has the edge at +22.79% annualized vs +11.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 17.1% 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 -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
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 5.48% against 0.44% for QQQ.
Holdings Overlap
4.6% of GVLU's money is in holdings QQQ also owns. 10.4% of QQQ's money is in holdings GVLU also owns.
QQQ and GVLU share little of their money.
24 positions in common, counted across the 480 positions we hold weights for in GVLU and 102 in QQQ, against full books of 475 and 107.
What only one of them owns
Our book lists 73 positions for QQQ that do not appear in our book for GVLU (87.3% of the fund), and 367 for GVLU that do not appear in QQQ (84.8%).
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 GVLU | Weight in QQQ | Difference |
|---|---|---|---|
| NFLXNetflix, Inc. | 0.08% | 1.37% | 1.29% |
| SNDKSandisk Corp/De | 0.36% | 0.88% | 0.52% |
| TMUST-Mobile Us Inc Com Usd0.00001 | 0.32% | 0.82% | 0.50% |
| PEPPepsico Inc. | 0.23% | 0.83% | 0.60% |
| ADBEAdobe Systems | 0.38% | 0.46% | 0.08% |
| BKNGBooking Holdings, Inc. | 0.12% | 0.70% | 0.58% |
| INTUIntuit, Inc. | 0.36% | 0.39% | 0.03% |
| APPAppLovin Corp. Com Cl A | 0.19% | 0.56% | 0.37% |
| GILDGilead Sciences | 0.02% | 0.72% | 0.70% |
| CMCSAComcast Corp-class A Cmcsa | 0.33% | 0.39% | 0.06% |
You are not choosing between two funds in isolation.
Whichever of GVLU and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $32 a year on a $10,000 investment.
Which performed better, GVLU or QQQ?
Over the past year GVLU returned +16.48% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), GVLU annualized +11.42% vs +22.79% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GVLU or QQQ?
QQQ has been the more volatile fund at 19.5% annualized versus 17.1% for GVLU. Worst drawdown: GVLU -20.8% vs QQQ -22.8%.
Should I hold both GVLU and QQQ?
GVLU and QQQ have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GVLU and QQQ?
10.4% of QQQ's money is in holdings GVLU also owns. 10.4% of QQQ's is in holdings GVLU also owns. They hold 24 positions in common, counted across the 480 positions we hold weights for in GVLU and 102 in QQQ.
Which pays a higher dividend, GVLU or QQQ?
GVLU yields 5.48% while QQQ yields 0.44%, so GVLU currently pays the higher dividend yield.
Is QQQ better than GVLU?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. GVLU is less concentrated, with 4.8% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.