Goldman Sachs JUST US Large Cap Equity ETF (JUST) 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 JUST returned +25.43% while QQQ returned +28.94%. Year to date, JUST is up 15.35% versus a gain of 18.34% for QQQ.

Over three years, JUST compounded at +21.29% per year against +25.28% for QQQ; over five years the annualized figures are +12.98% and +15.22% respectively. Across the full 8-year window we track, JUST has the edge at +14.18% annualized vs +13.12%. Past performance does not guarantee future results.

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 16.8% for JUST. 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 -33.8% for JUST 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

JUST charges 0.20% per year while QQQ charges 0.18%. On a $10,000 position that is $20 vs $18 annually, a gap of $2 per year that compounds over a long holding period. On income, JUST currently yields 0.96% against 0.41% for QQQ.