GDIV vs QQQ
GDIV vs QQQ
Harbor Dividend Growth Leaders 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 | GDIV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.18% | |
| AUM | $236M | $455.8B | |
| Dividend Yield | 1.14% | 0.41% | |
| Holdings | 50 | 108 | |
| YTD Return | +14.45% | +18.20% | |
| 1Y Return | +24.68% | +27.63% | |
| 3Y Return (annualized) | +16.22% | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 14.2% | 30.6% | |
| Max Drawdown | -18.9% | -83.0% | |
| Fund Family | Harbor Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Apr 29, 2010 | Mar 10, 1999 |
GDIV vs QQQ Performance
Harbor Dividend Growth Leaders ETF (GDIV) is a ETF from Harbor Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GDIV returned +24.68% while QQQ returned +27.63%. Year to date, GDIV is up 14.45% versus a gain of 18.20% for QQQ.
Over three years, GDIV compounded at +16.22% per year against +25.54% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.11% annualized vs +12.95%. 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 14.2% for GDIV. 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 -18.9% for GDIV 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GDIV charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, GDIV currently yields 1.14% against 0.41% for QQQ.
Holdings Overlap
GDIV and QQQ share 8 holdings out of 146 unique holdings combined, representing a 17.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GDIV | Weight in QQQ | Difference |
|---|---|---|---|
| AAPL | 5.58% | 7.46% | 1.88% |
| NVDA | 3.08% | 7.88% | 4.80% |
| MSFT | 2.32% | 4.65% | 2.33% |
| AVGO | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| GILD | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| CSX | Pro | Pro | Pro |
See all 8 holdings GDIV shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, GDIV or QQQ?
GDIV has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, GDIV or QQQ?
Over the past year GDIV returned +24.68% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), GDIV annualized +12.95% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, GDIV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 14.2% for GDIV. Worst drawdown: GDIV -18.9% vs QQQ -83.0%.
Should I hold both GDIV and QQQ?
GDIV and QQQ have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GDIV and QQQ?
GDIV and QQQ share 8 common holdings with a 17.9% weight overlap. Combined, they hold 146 unique securities.
Which pays a higher dividend, GDIV or QQQ?
GDIV yields 1.14% while QQQ yields 0.41%, so GDIV currently pays the higher dividend yield.
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