GSGO vs QQQ

Quick Verdict

QQQ has a lower expense ratio. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: TiedMore Diversified: QQQ

Side-by-Side Comparison

MetricGSGOQQQWinner
Expense Ratio0.45%0.18%
AUM$171M$455.8B
Dividend Yield0.00%0.41%
Holdings57108
YTD Return+12.36%+18.20%
1Y Return-+27.63%
3Y Return (annualized)-+25.54%
5Y Return (annualized)-+15.12%
Volatility (annualized)-30.6%
Max Drawdown-13.9%-83.0%
Fund FamilyGoldman Sachs Asset ManagementInvesco (US)
CategoryEquityEquity
InceptionMay 24, 1999Mar 10, 1999

GSGO vs QQQ Performance

Goldman Sachs Growth Opportunities ETF (GSGO) is a ETF from Goldman Sachs Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, GSGO is up 12.36% versus a gain of 18.20% for QQQ.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -13.9% for GSGO and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

GSGO charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, GSGO currently yields 0.00% against 0.41% for QQQ.

Holdings Overlap

47.1%overlap

GSGO and QQQ share 26 holdings out of 132 unique holdings combined, representing a 47.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in GSGOWeight in QQQDifference
NVDA11.72%7.88%3.84%
GOOGL9.14%3.29%5.85%
MSFT5.89%4.65%1.24%
AAPLProProPro
MUProProPro
AMDProProPro
METAProProPro
GOOGProProPro
AVGOProProPro
AMZNProProPro
See all 10 holdings GSGO shares with QQQ
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, GSGO or QQQ?

GSGO has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.

What is the holdings overlap between GSGO and QQQ?

GSGO and QQQ share 26 common holdings with a 47.1% weight overlap. Combined, they hold 132 unique securities.

Which pays a higher dividend, GSGO or QQQ?

GSGO yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.

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