GGTL vs. CQTM

Last updated Jun 18, 2026

GGTL (Gabelli Global Technology Leaders ETF) and CQTM (Corgi Quantum Computing ETF) are both Technology Equities funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. GGTL charges 0.90%/yr vs 0.35%/yr for CQTM.

Performance

GGTL vs. CQTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Global Technology Leaders ETF (GGTL) and Corgi Quantum Computing ETF (CQTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GGTL

• 1D: 0.31%
• 1M: 7.52%
• YTD: 24.51%
• 6M: 27.10%
• 1Y: 41.79%
• 3Y*: 21.17%
• 5Y*: —
• 10Y*: —

CQTM

• 1D: 1.36%
• 1M: 24.51%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GGTL vs. CQTM - Yearly Performance Comparison

	2026 (YTD)
GGTL Gabelli Global Technology Leaders ETF	10.99%
CQTM Corgi Quantum Computing ETF	11.81%

Correlation

The correlation between GGTL and CQTM is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 6, 2026	0.68

Return for Risk

GGTL vs. CQTM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GGTL

GGTL Risk / Return Rank: 79
GGTL Sharpe Ratio Rank: 77
GGTL Sortino Ratio Rank: 72
GGTL Omega Ratio Rank: 76
GGTL Calmar Ratio Rank: 87
GGTL Martin Ratio Rank: 83

CQTM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GGTL vs. CQTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Technology Leaders ETF (GGTL) and Corgi Quantum Computing ETF (CQTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GGTL	CQTM	Difference
Sharpe ratio: Return per unit of total volatility	2.26	—	—
Sortino ratio: Return per unit of downside risk	2.99	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	4.57	—	—
Martin ratio: Return relative to average drawdown	15.66	—	—

Drawdowns

GGTL vs. CQTM - Drawdown Comparison

The maximum GGTL drawdown since its inception was -23.65%, which is greater than CQTM's maximum drawdown of -20.27%. Use the drawdown chart below to compare losses from any high point for GGTL and CQTM.

Drawdown Indicators

	GGTL	CQTM	Difference
Max Drawdown Largest peak-to-trough decline	-23.65%	-20.27%	-3.38%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.46%	—	—
Current Drawdown Current decline from peak	-3.46%	-10.89%	+7.43%
Average Drawdown Average peak-to-trough decline	-7.41%	-7.40%	-0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	—	—

Volatility

Volatility by Period

	GGTL	CQTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.63%	96.85%	-78.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.01%	96.85%	-78.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.01%	96.85%	-78.84%

GGTL vs. CQTM - Expense Ratio Comparison

GGTL has a 0.90% expense ratio, which is higher than CQTM's 0.35% expense ratio.

Dividends

GGTL vs. CQTM - Dividend Comparison

GGTL's dividend yield for the trailing twelve months is around 0.84%, while CQTM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
CQTM Corgi Quantum Computing ETF	0.00%	0.00%	0.00%	0.00%	0.00%
GGTL Gabelli Global Technology Leaders ETF	0.84%	1.04%	0.75%	0.84%	0.78%

Frequently Asked Questions

Can I hold both GGTL and CQTM in my portfolio?

GGTL and CQTM have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGTL or CQTM?

On fees, CQTM is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGTL or CQTM?

CQTM is cheaper with a 0.35% expense ratio, compared with 0.90% for GGTL.

Which ETF pays a higher dividend yield, GGTL or CQTM?

GGTL has the higher dividend yield at 0.84%, compared with 0.00% for CQTM.

What is the main difference between GGTL and CQTM?

They also come from different issuers: Gabelli and Corgi Funds. Their fees differ too: 0.90% for GGTL and 0.35% for CQTM.