GIGL vs QQQ
GIGL vs QQQ
Goldman Sachs Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. GIGL offers more diversification with 224 holdings.
Side-by-Side Comparison
| Metric | GIGL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.18% | |
| AUM | $216M | $455.8B | |
| Dividend Yield | 3.75% | 0.41% | |
| Holdings | 251 | 108 | |
| YTD Return | -0.28% | +17.27% | |
| 1Y Return | +2.10% | +28.64% | |
| 3Y Return (annualized) | - | +24.88% | |
| 5Y Return (annualized) | - | +14.86% | |
| Volatility (annualized) | 3.6% | 30.6% | |
| Max Drawdown | -3.1% | -83.0% | |
| Fund Family | Goldman Sachs Asset Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 24, 2025 | Mar 10, 1999 |
GIGL vs QQQ Performance
Goldman Sachs Corporate Bond ETF (GIGL) 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 GIGL returned +2.10% while QQQ returned +28.64%. Year to date, GIGL is down 0.28% versus a gain of 17.27% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 3.6% for GIGL. 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 -3.1% for GIGL 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GIGL charges 0.29% per year while QQQ charges 0.18%. On a $10,000 position that is $29 vs $18 annually, a gap of $11 per year that compounds over a long holding period. On income, GIGL currently yields 3.75% against 0.41% for QQQ.
Holdings Overlap
GIGL and QQQ share 0 holdings out of 327 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, GIGL or QQQ?
GIGL has an expense ratio of 0.29% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, GIGL or QQQ?
Over the past year GIGL returned +2.10% vs +28.64% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), GIGL annualized +3.05% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, GIGL or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 3.6% for GIGL. Worst drawdown: GIGL -3.1% vs QQQ -83.0%.
Should I hold both GIGL and QQQ?
GIGL and QQQ have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GIGL and QQQ?
GIGL and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 327 unique securities.
Which pays a higher dividend, GIGL or QQQ?
GIGL yields 3.75% while QQQ yields 0.41%, so GIGL currently pays the higher dividend yield.
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