GCOR vs QQQ
GCOR vs QQQ
Goldman Sachs Access US Aggregate Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
GCOR has a lower expense ratio. QQQ delivered stronger 1-year returns. GCOR offers more diversification with 1058 holdings.
Side-by-Side Comparison
| Metric | GCOR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.18% | |
| AUM | $790M | $455.8B | |
| Dividend Yield | 4.13% | 0.41% | |
| Holdings | 1,741 | 108 | |
| YTD Return | -0.64% | +12.48% | |
| 1Y Return | +2.67% | +22.35% | |
| 3Y Return (annualized) | +3.64% | +22.30% | |
| 5Y Return (annualized) | -0.78% | +14.24% | |
| Volatility (annualized) | 6.2% | 30.6% | |
| Max Drawdown | -19.1% | -83.0% | |
| Fund Family | Goldman Sachs Asset Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 8, 2020 | Mar 10, 1999 |
GCOR vs QQQ Performance
Goldman Sachs Access US Aggregate Bond ETF (GCOR) 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 GCOR returned +2.67% while QQQ returned +22.35%. Year to date, GCOR is down 0.64% versus a gain of 12.48% for QQQ.
Over three years, GCOR compounded at +3.64% per year against +22.30% for QQQ; over five years the annualized figures are -0.78% and +14.24% respectively. Across the full 6-year window we track, QQQ has the edge at +12.91% annualized vs -0.72%. 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 6.2% for GCOR. 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 -19.1% for GCOR 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GCOR charges 0.08% per year while QQQ charges 0.18%. On a $10,000 position that is $8 vs $18 annually, a gap of $10 per year that compounds over a long holding period. On income, GCOR currently yields 4.13% against 0.41% for QQQ.
Holdings Overlap
GCOR and QQQ share 0 holdings out of 1161 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, GCOR or QQQ?
GCOR has an expense ratio of 0.08% while QQQ charges 0.18%. GCOR is the cheaper option. On a $10,000 investment, that is $10 per year of difference.
Which performed better, GCOR or QQQ?
Over the past year GCOR returned +2.67% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), GCOR annualized -0.72% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, GCOR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 6.2% for GCOR. Worst drawdown: GCOR -19.1% vs QQQ -83.0%.
Should I hold both GCOR and QQQ?
GCOR and QQQ have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GCOR and QQQ?
GCOR and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1161 unique securities.
Which pays a higher dividend, GCOR or QQQ?
GCOR yields 4.13% while QQQ yields 0.41%, so GCOR currently pays the higher dividend yield.
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