GXPT vs QQQ
Global X PureCap MSCI Information Technology ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
GXPT has a lower expense ratio. GXPT delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GXPT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $130M | $496.3B | |
| Dividend Yield | 0.22% | 0.44% | |
| Holdings | 89 | 108 | |
| YTD Return | +20.89% | +16.64% | |
| 1Y Return | +33.11% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 25.9% | 30.6% | |
| Max Drawdown | -18.7% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 22, 2025 | Mar 10, 1999 |
GXPT vs QQQ Performance
Global X PureCap MSCI Information Technology ETF (GXPT) 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 GXPT returned +33.11% while QQQ returned +27.27%. Year to date, GXPT is up 20.89% 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 25.9% for GXPT. 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 -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 0.94. 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 0.22% against 0.44% for QQQ.
Holdings Overlap
GXPT and QQQ share 37 holdings out of 151 unique holdings combined, representing a 52.9% weight overlap.
High overlap means holding both may not provide much additional diversification.
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. On a $10,000 investment, that is $3 per year of difference.
Which performed better, GXPT or QQQ?
Over the past year GXPT returned +33.11% vs +27.27% for QQQ, so GXPT leads on 1-year performance. Over the longest common window we track (1 years), GXPT annualized +30.95% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GXPT or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 25.9% for GXPT. Worst drawdown: GXPT -18.7% vs QQQ -83.0%.
Should I hold both GXPT and QQQ?
GXPT and QQQ have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between GXPT and QQQ?
GXPT and QQQ share 37 common holdings with a 52.9% weight overlap. Combined, they hold 151 unique securities.
Which pays a higher dividend, GXPT or QQQ?
GXPT yields 0.22% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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