GXPE vs QQQ
Global X PureCap MSCI Energy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
GXPE has a lower expense ratio. GXPE delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GXPE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $1M | $496.3B | |
| Dividend Yield | 2.07% | 0.44% | |
| Holdings | 24 | 108 | |
| YTD Return | +39.96% | +15.47% | |
| 1Y Return | +46.06% | +24.44% | |
| 3Y Return (annualized) | - | +25.47% | |
| 5Y Return (annualized) | - | +14.22% | |
| Volatility (annualized) | 23.4% | 30.6% | |
| Max Drawdown | -15.7% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 22, 2025 | Mar 10, 1999 |
GXPE vs QQQ Performance
Global X PureCap MSCI Energy ETF (GXPE) 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 GXPE returned +46.06% while QQQ returned +24.44%. Year to date, GXPE is up 39.96% versus a gain of 15.47% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 23.4% for GXPE. 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 -15.7% for GXPE 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
GXPE 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, GXPE currently yields 2.07% against 0.44% for QQQ.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, GXPE or QQQ?
GXPE has an expense ratio of 0.15% while QQQ charges 0.18%. GXPE is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, GXPE or QQQ?
Over the past year GXPE returned +46.06% vs +24.44% for QQQ, so GXPE leads on 1-year performance. Over the longest common window we track (1 years), GXPE annualized +44.46% vs +12.99% for QQQ. Past performance does not guarantee future results.
Which is riskier, GXPE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 23.4% for GXPE. Worst drawdown: GXPE -15.7% vs QQQ -83.0%.
Should I hold both GXPE and QQQ?
GXPE 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 GXPE and QQQ?
GXPE and QQQ share 2 common holdings with a 0.5% weight overlap. Combined, they hold 122 unique securities.
Which pays a higher dividend, GXPE or QQQ?
GXPE yields 2.07% while QQQ yields 0.44%, so GXPE currently pays the higher dividend yield.
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