GLBL vs QQQ
GLBL vs QQQ
Pacer MSCI World Industry Advantage ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. GLBL offers more diversification with 355 holdings.
Side-by-Side Comparison
| Metric | GLBL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.18% | |
| AUM | $1M | $455.8B | |
| Dividend Yield | 0.77% | 0.41% | |
| Holdings | 375 | 108 | |
| YTD Return | +14.96% | +17.27% | |
| 1Y Return | +25.61% | +28.64% | |
| 3Y Return (annualized) | - | +24.88% | |
| 5Y Return (annualized) | - | +14.86% | |
| Volatility (annualized) | 15.7% | 30.6% | |
| Max Drawdown | -19.8% | -83.0% | |
| Fund Family | Pacer ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 16, 2024 | Mar 10, 1999 |
GLBL vs QQQ Performance
Pacer MSCI World Industry Advantage ETF (GLBL) is a ETF from Pacer ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GLBL returned +25.61% while QQQ returned +28.64%. Year to date, GLBL is up 14.96% 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 15.7% for GLBL. 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 -19.8% for GLBL 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GLBL charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, GLBL currently yields 0.77% against 0.41% for QQQ.
Holdings Overlap
GLBL and QQQ share 61 holdings out of 397 unique holdings combined, representing a 53.7% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in GLBL | Weight in QQQ | Difference |
|---|---|---|---|
| AAPL | 5.08% | 7.46% | 2.38% |
| NVDA | 4.35% | 7.88% | 3.53% |
| MSFT | 4.63% | 4.65% | 0.02% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
See all 10 holdings GLBL 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, GLBL or QQQ?
GLBL has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, GLBL or QQQ?
Over the past year GLBL returned +25.61% vs +28.64% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), GLBL annualized +21.61% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, GLBL or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.7% for GLBL. Worst drawdown: GLBL -19.8% vs QQQ -83.0%.
Should I hold both GLBL and QQQ?
GLBL and QQQ have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between GLBL and QQQ?
GLBL and QQQ share 61 common holdings with a 53.7% weight overlap. Combined, they hold 397 unique securities.
Which pays a higher dividend, GLBL or QQQ?
GLBL yields 0.77% while QQQ yields 0.41%, so GLBL currently pays the higher dividend yield.
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