GQQQ vs. RPG

Last updated Jun 25, 2026

GQQQ (Astoria US Quality Growth Kings ETF) and RPG (Invesco S&P 500 Pure Growth ETF) are both Large Cap Growth Equities funds. Over the past year, GQQQ returned 33.71% vs 36.38% for RPG. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.

Performance

GQQQ vs. RPG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Astoria US Quality Growth Kings ETF (GQQQ) and Invesco S&P 500 Pure Growth ETF (RPG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQQQ achieves a 17.85% return, which is significantly lower than RPG's 30.55% return.

GQQQ

• 1D: -0.52%
• 1M: 0.03%
• YTD: 17.85%
• 6M: 16.10%
• 1Y: 33.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RPG

• 1D: 0.18%
• 1M: 5.68%
• YTD: 30.55%
• 6M: 27.48%
• 1Y: 36.38%
• 3Y*: 27.80%
• 5Y*: 11.61%
• 10Y*: 15.16%

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

GQQQ vs. RPG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GQQQ Astoria US Quality Growth Kings ETF	17.85%	17.37%	1.52%
RPG Invesco S&P 500 Pure Growth ETF	30.55%	13.41%	5.21%

Correlation

The correlation between GQQQ and RPG is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024	0.88

The correlation between GQQQ and RPG has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.

Return for Risk

GQQQ vs. RPG — Risk / Return Rank

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

GQQQ

GQQQ Risk / Return Rank: 70
GQQQ Sharpe Ratio Rank: 70
GQQQ Sortino Ratio Rank: 65
GQQQ Omega Ratio Rank: 67
GQQQ Calmar Ratio Rank: 70
GQQQ Martin Ratio Rank: 78

RPG

RPG Risk / Return Rank: 61
RPG Sharpe Ratio Rank: 55
RPG Sortino Ratio Rank: 52
RPG Omega Ratio Rank: 52
RPG Calmar Ratio Rank: 73
RPG Martin Ratio Rank: 74

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. RPG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Astoria US Quality Growth Kings ETF (GQQQ) and Invesco S&P 500 Pure Growth ETF (RPG). 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.

	GQQQ	RPG	Difference
Sharpe ratio: Return per unit of total volatility	1.97	1.66	+0.31
Sortino ratio: Return per unit of downside risk	2.63	2.26	+0.36
Omega ratio: Gain probability vs. loss probability	1.35	1.30	+0.05
Calmar ratio: Return relative to maximum drawdown	3.07	3.30	-0.23
Martin ratio: Return relative to average drawdown	13.19	12.38	+0.81

GQQQ vs. RPG - Sharpe Ratio Comparison

The current GQQQ Sharpe Ratio is 1.97, which is comparable to the RPG Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of GQQQ and RPG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GQQQ vs. RPG - Drawdown Comparison

The maximum GQQQ drawdown since its inception was -22.36%, smaller than the maximum RPG drawdown of -53.27%. Use the drawdown chart below to compare losses from any high point for GQQQ and RPG.

Drawdown Indicators

	GQQQ	RPG	Difference
Max Drawdown Largest peak-to-trough decline	-22.36%	-53.27%	+30.91%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-11.08%	+0.06%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.59%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.58%	—
Current Drawdown Current decline from peak	-3.44%	-4.43%	+0.99%
Average Drawdown Average peak-to-trough decline	-3.10%	-8.83%	+5.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	2.95%	-0.39%

Volatility

GQQQ vs. RPG - Volatility Comparison

The current volatility for Astoria US Quality Growth Kings ETF (GQQQ) is 7.89%, while Invesco S&P 500 Pure Growth ETF (RPG) has a volatility of 11.10%. This indicates that GQQQ experiences smaller price fluctuations and is considered to be less risky than RPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQQQ	RPG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.89%	11.10%	-3.21%
Volatility (6M) Calculated over the trailing 6-month period	14.16%	18.98%	-4.82%
Volatility (1Y) Calculated over the trailing 1-year period	17.19%	22.06%	-4.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.69%	23.86%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.69%	22.89%	-2.20%

GQQQ vs. RPG - Expense Ratio Comparison

Both GQQQ and RPG have an expense ratio of 0.35%.

Dividends

GQQQ vs. RPG - Dividend Comparison

GQQQ's dividend yield for the trailing twelve months is around 0.41%, more than RPG's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQQQ Astoria US Quality Growth Kings ETF	0.41%	0.46%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RPG Invesco S&P 500 Pure Growth ETF	0.15%	0.24%	0.25%	1.44%	0.74%	0.00%	0.46%	0.83%	0.47%	0.56%	0.43%	0.73%

Frequently Asked Questions

Can I hold both GQQQ and RPG in my portfolio?

GQQQ and RPG have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GQQQ or RPG?

RPG has higher volatility (11.10%) compared to GQQQ (7.89%). In terms of maximum drawdown, GQQQ dropped -22.36% vs RPG's -53.27%.

Which ETF is better, GQQQ or RPG?

On 1-year performance, RPG leads with 36.38% vs 33.71% for GQQQ. Both ETFs have the same 0.35% expense ratio. On volatility, GQQQ has been the lower-risk option at 7.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GQQQ or RPG?

Over the 1-year period, RPG has performed better with a 36.38% return vs 33.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GQQQ or RPG?

GQQQ and RPG have the same expense ratio: 0.35% per year.

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

GQQQ has the higher dividend yield at 0.41%, compared with 0.15% for RPG.

What is the main difference between GQQQ and RPG?

They also come from different issuers: Astoria and Invesco.

Which has better risk-adjusted returns?

GQQQ currently has the higher Sharpe Ratio (1.97 vs 1.66), 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.