GXUS vs QQQ
Goldman Sachs MarketBeta Total International Equity ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
GXUS delivered stronger 1-year returns. GXUS offers more diversification with 1567 holdings.
Side-by-Side Comparison
| Metric | GXUS | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.18% | |
| AUM | $623M | $455.8B | |
| Dividend Yield | 2.30% | 0.41% | |
| Holdings | 2,473 | 108 | |
| YTD Return | +15.74% | +17.85% | |
| 1Y Return | +28.38% | +26.45% | |
| 3Y Return (annualized) | +18.75% | +26.07% | |
| 5Y Return (annualized) | - | +15.16% | |
| Volatility (annualized) | 12.7% | 30.6% | |
| Max Drawdown | -14.3% | -83.0% | |
| Fund Family | Goldman Sachs Asset Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 31, 2023 | Mar 10, 1999 |
GXUS vs QQQ Performance
Goldman Sachs MarketBeta Total International Equity ETF (GXUS) is a ETF from Goldman Sachs Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GXUS returned +28.38% while QQQ returned +26.45%. Year to date, GXUS is up 15.74% versus a gain of 17.85% for QQQ.
Over three years, GXUS compounded at +18.75% per year against +26.07% for QQQ. Across the full 3-year window we track, GXUS has the edge at +17.98% annualized vs +13.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.7% for GXUS. 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 -14.3% for GXUS 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GXUS charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, GXUS currently yields 2.30% against 0.41% for QQQ.
Holdings Overlap
GXUS and QQQ share 7 holdings out of 1663 unique holdings combined, representing a 1.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GXUS or QQQ?
GXUS has an expense ratio of 0.18% while QQQ charges 0.18%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, GXUS or QQQ?
Over the past year GXUS returned +28.38% vs +26.45% for QQQ, so GXUS leads on 1-year performance. Over the longest common window we track (3 years), GXUS annualized +17.98% vs +13.09% for QQQ. Past performance does not guarantee future results.
Which is riskier, GXUS or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.7% for GXUS. Worst drawdown: GXUS -14.3% vs QQQ -83.0%.
Should I hold both GXUS and QQQ?
GXUS and QQQ have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GXUS and QQQ?
GXUS and QQQ share 7 common holdings with a 1.6% weight overlap. Combined, they hold 1663 unique securities.
Which pays a higher dividend, GXUS or QQQ?
GXUS yields 2.30% while QQQ yields 0.41%, so GXUS currently pays the higher dividend yield.
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