GXPT vs QQQ
Global X PureCap MSCI Information Technology ETF vs Invesco QQQ Trust, Series 1
Which is better, GXPT or QQQ?
Large Cap Blend against Large Cap Growth.
GXPT has a lower expense ratio. GXPT led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 74.7%.
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 | GXPT | QQQ |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $135M | $483.5B |
| Dividend Yield | 0.21% | 0.44% |
| Holdings | 88 | 107 |
| YTD Return | +24.03%Best | +16.87% |
| 1Y Return | +30.68%Best | +22.98% |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 25.1% | 20.5%Best |
| Max Drawdown | -18.7% | -12.0%Best |
| $10,000 over 1.1 years | $13,586Best | $12,643 |
| Top 10 Weight | 74.7% | 46.5%Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jul 22, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 23, 2025 to Sep 11, 2026 (1.1 years).
GXPT 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 1.1 years both funds cover.
GXPT vs QQQ Performance
Global X PureCap MSCI Information Technology ETF (GXPT) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GXPT returned +30.68% while QQQ returned +22.98%. Year to date, GXPT is up 24.03% versus a gain of 16.87% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GXPT has been the more volatile fund, with annualized monthly volatility of 25.1% compared with 20.5% for QQQ. 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 -18.7% for GXPT and -12.0% 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GXPT 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, GXPT currently yields 0.21% against 0.44% for QQQ.
Holdings Overlap
88.3% of GXPT's money is in holdings QQQ also owns. 55.4% of QQQ's money is in holdings GXPT also owns.
Most of GXPT is already inside QQQ. Owning both mostly buys the same companies twice.
37 positions in common, counted across the 86 positions we hold weights for in GXPT and 102 in QQQ, against full books of 88 and 107.
What only one of them owns
Our book lists 58 positions for QQQ that do not appear in our book for GXPT (41.7% of the fund), and 44 for GXPT that do not appear in QQQ (10.7%).
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 GXPT | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 19.87% | 8.44% | 11.43% |
| AAPLApple, Inc | 18.45% | 7.27% | 11.18% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 14.12% | 5.76% | 8.36% |
| AVGOBroadcom Inc | 7.64% | 3.16% | 4.48% |
| MUMicron Technology, Inc. | 4.09% | 4.43% | 0.34% |
| AMDAdvanced Micro Devices Inc. | 3.42% | 3.45% | 0.03% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.94% | 2.10% | 0.16% |
| INTCIntel Corp. | 1.79% | 2.23% | 0.44% |
| AMATApplied Materials, Inc. | 1.76% | 1.86% | 0.10% |
| LRCXLam Research Corp 3.125 06/15/2060 | 1.60% | 1.69% | 0.09% |
88.3% of GXPT 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, GXPT or QQQ?
GXPT has an expense ratio of 0.15% while QQQ charges 0.18%. GXPT is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, GXPT or QQQ?
Over the past year GXPT returned +30.68% vs +22.98% for QQQ, so GXPT leads on 1-year performance. Over the longest common window we track (1 years), GXPT annualized +32.13% vs +23.76% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GXPT or QQQ?
GXPT has been the more volatile fund at 25.1% annualized versus 20.5% for QQQ. Worst drawdown: GXPT -18.7% vs QQQ -12.0%.
Should I hold both GXPT and QQQ?
GXPT and QQQ have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GXPT and QQQ?
88.3% of GXPT's money is in holdings QQQ also owns. 55.4% of QQQ's is in holdings GXPT also owns. They hold 37 positions in common, counted across the 86 positions we hold weights for in GXPT and 102 in QQQ.
Which pays a higher dividend, GXPT or QQQ?
GXPT yields 0.21% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than GXPT?
GXPT has a lower expense ratio. GXPT led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 74.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.