GQQQ vs. QQQ

Last updated Jun 3, 2026

GQQQ (Astoria US Quality Growth Kings ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - GQQQ is a Large Cap Growth Equities fund managed by Astoria, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past year, GQQQ returned 42.08% vs 41.82% for QQQ. With a 0.97 correlation, they move nearly in lockstep. GQQQ charges 0.35%/yr vs 0.18%/yr for QQQ.

Performance

GQQQ vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Astoria US Quality Growth Kings ETF (GQQQ) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with GQQQ having a 21.71% return and QQQ slightly lower at 21.30%.

GQQQ

• 1D: 0.47%
• 1M: 8.77%
• YTD: 21.71%
• 6M: 20.90%
• 1Y: 42.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQ

• 1D: -0.26%
• 1M: 10.60%
• YTD: 21.30%
• 6M: 19.66%
• 1Y: 41.82%
• 3Y*: 28.78%
• 5Y*: 17.97%
• 10Y*: 21.94%

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

GQQQ vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GQQQ Astoria US Quality Growth Kings ETF	21.71%	17.37%	2.66%
QQQ Invesco QQQ ETF	21.30%	20.77%	6.40%

Correlation

The correlation between GQQQ and QQQ is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	0.97

The correlation between GQQQ and QQQ has been stable across timeframes, ranging from 0.97 to 0.97 - a consistent structural relationship.

Return for Risk

GQQQ vs. QQQ — Risk / Return Rank

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

GQQQ

GQQQ Risk / Return Rank: 79
GQQQ Sharpe Ratio Rank: 81
GQQQ Sortino Ratio Rank: 77
GQQQ Omega Ratio Rank: 76
GQQQ Calmar Ratio Rank: 75
GQQQ Martin Ratio Rank: 83

QQQ

QQQ Risk / Return Rank: 73
QQQ Sharpe Ratio Rank: 79
QQQ Sortino Ratio Rank: 75
QQQ Omega Ratio Rank: 74
QQQ Calmar Ratio Rank: 69
QQQ Martin Ratio Rank: 71

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.

GQQQ vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Astoria US Quality Growth Kings ETF (GQQQ) and Invesco QQQ ETF (QQQ). 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.

	GQQQ	QQQ	Difference
Sharpe ratio Return per unit of total volatility	2.70	2.64	+0.06
Sortino ratio Return per unit of downside risk	3.55	3.45	+0.10
Omega ratio Gain probability vs. loss probability	1.47	1.45	+0.02
Calmar ratio Return relative to maximum drawdown	3.88	3.51	+0.37
Martin ratio Return relative to average drawdown	17.42	13.49	+3.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GQQQ vs. QQQ - Sharpe Ratio Comparison

The current GQQQ Sharpe Ratio is 2.70, which is comparable to the QQQ Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of GQQQ and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GQQQ	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	2.64	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	0.41	+0.88

Drawdowns

GQQQ vs. QQQ - Drawdown Comparison

The maximum GQQQ drawdown since its inception was -22.36%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for GQQQ and QQQ.

Drawdown Indicators

	GQQQ	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-22.36%	-82.97%	+60.61%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-11.96%	+0.94%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	0.00%	-0.26%	+0.26%
Average Drawdown Average peak-to-trough decline	-3.12%	-32.79%	+29.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	3.11%	-0.65%

Volatility

GQQQ vs. QQQ - Volatility Comparison

Astoria US Quality Growth Kings ETF (GQQQ) and Invesco QQQ ETF (QQQ) have volatilities of 4.63% and 4.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQQQ	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.63%	4.49%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	12.45%	12.10%	+0.35%
Volatility (1Y) Calculated over the trailing 1-year period	15.66%	15.94%	-0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.24%	22.38%	-2.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	22.29%	-2.05%

GQQQ vs. QQQ - Expense Ratio Comparison

GQQQ has a 0.35% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

GQQQ vs. QQQ - Dividend Comparison

GQQQ's dividend yield for the trailing twelve months is around 0.40%, more than QQQ's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQQQ Astoria US Quality Growth Kings ETF	0.40%	0.46%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both GQQQ and QQQ in my portfolio?

With a correlation of 0.97, GQQQ and QQQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GQQQ or QQQ?

GQQQ has higher volatility (4.63%) compared to QQQ (4.49%). In terms of maximum drawdown, GQQQ dropped -22.36% vs QQQ's -82.97%.

Which ETF is better, GQQQ or QQQ?

On 1-year performance, GQQQ leads with 42.08% vs 41.82% for QQQ. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 4.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GQQQ or QQQ?

Over the 1-year period, GQQQ has performed better with a 42.08% return vs 41.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GQQQ or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.35% for GQQQ.

Which ETF pays a higher dividend yield, GQQQ or QQQ?

GQQQ has the higher dividend yield at 0.40%, compared with 0.38% for QQQ.

What is the main difference between GQQQ and QQQ?

GQQQ is categorized as Large Cap Growth Equities, while QQQ is Nasdaq-100. They also come from different issuers: Astoria and Invesco. Their fees differ too: 0.35% for GQQQ and 0.18% for QQQ.

Which has better risk-adjusted returns?

GQQQ currently has the higher Sharpe Ratio (2.70 vs 2.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.