GDMA vs QQQ
GDMA vs QQQ
Gadsden Dynamic Multi-Asset 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 | GDMA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.18% | |
| AUM | $197M | $455.8B | |
| Dividend Yield | 2.48% | 0.41% | |
| Holdings | 17 | 108 | |
| YTD Return | +9.42% | +18.20% | |
| 1Y Return | +19.57% | +27.63% | |
| 3Y Return (annualized) | +15.21% | +25.54% | |
| 5Y Return (annualized) | +8.04% | +15.12% | |
| Volatility (annualized) | 9.9% | 30.6% | |
| Max Drawdown | -16.7% | -83.0% | |
| Fund Family | Gadsden Funds | Invesco (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Nov 14, 2018 | Mar 10, 1999 |
GDMA vs QQQ Performance
Gadsden Dynamic Multi-Asset ETF (GDMA) is a ETF from Gadsden Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GDMA returned +19.57% while QQQ returned +27.63%. Year to date, GDMA is up 9.42% versus a gain of 18.20% for QQQ.
Over three years, GDMA compounded at +15.21% per year against +25.54% for QQQ; over five years the annualized figures are +8.04% and +15.12% respectively. Across the full 8-year window we track, QQQ has the edge at +13.11% annualized vs +9.11%. 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 9.9% for GDMA. 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 -16.7% for GDMA 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 0.41. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GDMA charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, GDMA currently yields 2.48% against 0.41% for QQQ.
Holdings Overlap
GDMA and QQQ share 10 holdings out of 133 unique holdings combined, representing a 8.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GDMA | Weight in QQQ | Difference |
|---|---|---|---|
| MU | 1.06% | 4.67% | 3.61% |
| GOOG | 0.97% | 3.06% | 2.09% |
| INTC | 0.91% | 2.29% | 1.38% |
| LRCX | Pro | Pro | Pro |
| KLAC | Pro | Pro | Pro |
| SNDK | Pro | Pro | Pro |
| STX | Pro | Pro | Pro |
| WDC | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| TER | Pro | Pro | Pro |
See all 10 holdings GDMA 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, GDMA or QQQ?
GDMA has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, GDMA or QQQ?
Over the past year GDMA returned +19.57% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), GDMA annualized +9.11% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, GDMA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.9% for GDMA. Worst drawdown: GDMA -16.7% vs QQQ -83.0%.
Should I hold both GDMA and QQQ?
GDMA and QQQ have a monthly-return correlation of 0.41, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GDMA and QQQ?
GDMA and QQQ share 10 common holdings with a 8.3% weight overlap. Combined, they hold 133 unique securities.
Which pays a higher dividend, GDMA or QQQ?
GDMA yields 2.48% while QQQ yields 0.41%, so GDMA currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.