CGIE vs QQQ
CGIE vs QQQ
Capital Group International Equity ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | CGIE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.54% | 0.18% | |
| AUM | $2.3B | $455.8B | |
| Dividend Yield | 1.37% | 0.41% | |
| Holdings | 80 | 108 | |
| YTD Return | +5.79% | +12.48% | |
| 1Y Return | +17.02% | +22.35% | |
| 3Y Return (annualized) | - | +22.30% | |
| 5Y Return (annualized) | - | +14.24% | |
| Volatility (annualized) | 11.8% | 30.6% | |
| Max Drawdown | -13.8% | -83.0% | |
| Fund Family | Capital Group (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 26, 2023 | Mar 10, 1999 |
CGIE vs QQQ Performance
Capital Group International Equity ETF (CGIE) is a ETF from Capital Group (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CGIE returned +17.02% while QQQ returned +22.35%. Year to date, CGIE is up 5.79% versus a gain of 12.48% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 11.8% for CGIE. 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 -13.8% for CGIE 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CGIE charges 0.54% per year while QQQ charges 0.18%. On a $10,000 position that is $54 vs $18 annually, a gap of $36 per year that compounds over a long holding period. On income, CGIE currently yields 1.37% against 0.41% for QQQ.
Holdings Overlap
CGIE and QQQ share 2 holdings out of 174 unique holdings combined, representing a 1.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CGIE or QQQ?
CGIE has an expense ratio of 0.54% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, CGIE or QQQ?
Over the past year CGIE returned +17.02% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), CGIE annualized +16.33% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, CGIE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 11.8% for CGIE. Worst drawdown: CGIE -13.8% vs QQQ -83.0%.
Should I hold both CGIE and QQQ?
CGIE and QQQ have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CGIE and QQQ?
CGIE and QQQ share 2 common holdings with a 1.1% weight overlap. Combined, they hold 174 unique securities.
Which pays a higher dividend, CGIE or QQQ?
CGIE yields 1.37% while QQQ yields 0.41%, so CGIE currently pays the higher dividend yield.
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