QQQ vs RGT
Invesco QQQ Trust, Series 1 vs Royce Global Value Trust Inc.
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. RGT offers more diversification with 109 holdings.
Side-by-Side Comparison
| Metric | QQQ | RGT | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.74% | |
| AUM | $496.3B | $68M | |
| Dividend Yield | 0.44% | 1.09% | |
| Holdings | 108 | 109 | |
| YTD Return | +16.64% | +17.38% | |
| 1Y Return | +27.27% | +25.99% | |
| 3Y Return (annualized) | +25.96% | +22.57% | |
| 5Y Return (annualized) | +14.54% | +4.89% | |
| Volatility (annualized) | 30.6% | 20.5% | |
| Max Drawdown | -83.0% | -46.8% | |
| Fund Family | Invesco (US) | Franklin Templeton Investments (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Oct 18, 2013 |
QQQ vs RGT Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Royce Global Value Trust Inc. (RGT) is a ETF from Franklin Templeton Investments (US). Over the past year QQQ returned +27.27% while RGT returned +25.99%. Year to date, QQQ is up 16.64% versus a gain of 17.38% for RGT.
Over three years, QQQ compounded at +25.96% per year against +22.57% for RGT; over five years the annualized figures are +14.54% and +4.89% respectively. Across the full 13-year window we track, QQQ has the edge at +13.03% annualized vs +7.64%. 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 20.5% for RGT. 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 -83.0% for QQQ and -46.8% for RGT. 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while RGT charges 1.74%. On a $10,000 position that is $18 vs $174 annually, a gap of $156 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.09% for RGT.
Holdings Overlap
QQQ and RGT share 0 holdings out of 210 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or RGT?
QQQ has an expense ratio of 0.18% while RGT charges 1.74%. QQQ is the cheaper option. On a $10,000 investment, that is $156 per year of difference.
Which performed better, QQQ or RGT?
Over the past year QQQ returned +27.27% vs +25.99% for RGT, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), QQQ annualized +13.03% vs +7.64% for RGT. Past performance does not guarantee future results.
Which is riskier, QQQ or RGT?
QQQ has been the more volatile fund at 30.6% annualized versus 20.5% for RGT. Worst drawdown: QQQ -83.0% vs RGT -46.8%.
Should I hold both QQQ and RGT?
QQQ and RGT have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RGT?
QQQ and RGT share 0 common holdings with a 0.0% weight overlap. Combined, they hold 210 unique securities.
Which pays a higher dividend, QQQ or RGT?
QQQ yields 0.44% while RGT yields 1.09%, so RGT currently pays the higher dividend yield.
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