GXPC vs QQQ
Global X PureCap MSCI Communication Services ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
GXPC has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GXPC | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $111M | $496.3B | |
| Dividend Yield | 0.32% | 0.44% | |
| Holdings | 26 | 108 | |
| YTD Return | -0.30% | +16.64% | |
| 1Y Return | +15.15% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 23.9% | 30.6% | |
| Max Drawdown | -16.6% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 22, 2025 | Mar 10, 1999 |
GXPC vs QQQ Performance
Global X PureCap MSCI Communication Services ETF (GXPC) is a ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GXPC returned +15.15% while QQQ returned +27.27%. Year to date, GXPC is down 0.30% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 23.9% for GXPC. 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 -16.6% for GXPC 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GXPC charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, GXPC currently yields 0.32% against 0.44% for QQQ.
Holdings Overlap
GXPC and QQQ share 7 holdings out of 115 unique holdings combined, representing a 9.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GXPC or QQQ?
GXPC has an expense ratio of 0.15% while QQQ charges 0.18%. GXPC is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, GXPC or QQQ?
Over the past year GXPC returned +15.15% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), GXPC annualized +17.01% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GXPC or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 23.9% for GXPC. Worst drawdown: GXPC -16.6% vs QQQ -83.0%.
Should I hold both GXPC and QQQ?
GXPC and QQQ have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GXPC and QQQ?
GXPC and QQQ share 7 common holdings with a 9.1% weight overlap. Combined, they hold 115 unique securities.
Which pays a higher dividend, GXPC or QQQ?
GXPC yields 0.32% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.