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QQQ vs. GLTR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQQ vs. GLTR

Last updated Jun 9, 2026

QQQ (Invesco QQQ ETF) and GLTR (Aberdeen Standard Physical Precious Metals Basket Shares ETF) are both exchange-traded funds - QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index. Both are passively managed. Over the past 10 years, QQQ returned 21.59%/yr vs 12.31%/yr for GLTR. At a 0.14 correlation, their price movements are largely independent. QQQ charges 0.18%/yr vs 0.60%/yr for GLTR.

Performance

QQQ vs. GLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ ETF (QQQ) and Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QQQ achieves a 16.71% return, which is significantly higher than GLTR's -3.01% return. Over the past 10 years, QQQ has outperformed GLTR with an annualized return of 21.59%, while GLTR has yielded a comparatively lower 12.31% annualized return.

QQQ

1D
1.56%
1M
0.68%
YTD
16.71%
6M
15.00%
1Y
35.78%
3Y*
27.15%
5Y*
16.98%
10Y*
21.59%

GLTR

1D
0.02%
1M
-11.67%
YTD
-3.01%
6M
6.38%
1Y
45.14%
3Y*
30.24%
5Y*
14.39%
10Y*
12.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQQ vs. GLTR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QQQ
Invesco QQQ ETF		16.71%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%
GLTR
Aberdeen Standard Physical Precious Metals Basket Shares ETF		-3.01%87.25%20.63%2.01%-0.25%-9.60%29.52%20.96%-2.85%12.94%

Correlation

The correlation between QQQ and GLTR is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.26

Correlation (3Y)
Calculated over the trailing 3-year period

0.19

Correlation (5Y)
Calculated over the trailing 5-year period

0.18

Correlation (10Y)
Calculated over the trailing 10-year period

0.16

Correlation (All Time)
Calculated using the full available price history since Oct 22, 2010

0.14

The correlation between QQQ and GLTR shifts across timeframes, from 0.14 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco QQQ ETF

Aberdeen Standard Physical Precious Metals Basket Shares ETF

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Return for Risk

QQQ vs. GLTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQ
QQQ Risk / Return Rank: 6969
Overall Rank
QQQ Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 6767
Sortino Ratio Rank
QQQ Omega Ratio Rank: 7070
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6666
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6868
Martin Ratio Rank
GLTR
GLTR Risk / Return Rank: 3434
Overall Rank
GLTR Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
GLTR Sortino Ratio Rank: 3131
Sortino Ratio Rank
GLTR Omega Ratio Rank: 4343
Omega Ratio Rank
GLTR Calmar Ratio Rank: 3434
Calmar Ratio Rank
GLTR Martin Ratio Rank: 2727
Martin Ratio Rank
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.

QQQ vs. GLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR). 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.

QQQGLTRDifference
Sharpe ratioReturn per unit of total volatility
2.15
1.19

+0.96

Sortino ratioReturn per unit of downside risk
2.77
1.52

+1.25

Omega ratioGain probability vs. loss probability

1.38

1.25

+0.13

Calmar ratioReturn relative to maximum drawdown

3.00

1.51

+1.50

Martin ratioReturn relative to average drawdown

11.43

3.41

+8.02

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQ vs. GLTR - Sharpe Ratio Comparison

The current QQQ Sharpe Ratio is 2.15, which is higher than the GLTR Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of QQQ and GLTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

QQQGLTRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.15

1.19

+0.96

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

0.61

+0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.97

0.60

+0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.31

+0.10

Drawdowns

QQQ vs. GLTR - Drawdown Comparison

The maximum QQQ drawdown since its inception was -82.97%, which is greater than GLTR's maximum drawdown of -55.70%. Use the drawdown chart below to compare losses from any high point for QQQ and GLTR.

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Drawdown Indicators

QQQGLTRDifference

Max Drawdown

Largest peak-to-trough decline

-82.97%

-55.70%

-27.27%

Max Drawdown (1Y)

Largest decline over 1 year

-11.96%

-30.10%

+18.14%

Max Drawdown (3Y)

Largest decline over 3 years

-22.77%

-30.10%

+7.33%

Max Drawdown (5Y)

Largest decline over 5 years

-35.12%

-30.10%

-5.02%

Max Drawdown (10Y)

Largest decline over 10 years

-35.12%

-30.10%

-5.02%

Current Drawdown

Current decline from peak

-4.03%

-30.08%

+26.05%

Average Drawdown

Average peak-to-trough decline

-32.77%

-28.83%

-3.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.14%

13.25%

-10.11%

Volatility

QQQ vs. GLTR - Volatility Comparison

The current volatility for Invesco QQQ ETF (QQQ) is 6.84%, while Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) has a volatility of 9.50%. This indicates that QQQ experiences smaller price fluctuations and is considered to be less risky than GLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQQGLTRDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.84%

9.50%

-2.66%

Volatility (6M)

Calculated over the trailing 6-month period

13.20%

35.83%

-22.63%

Volatility (1Y)

Calculated over the trailing 1-year period

16.74%

38.04%

-21.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.49%

23.75%

-1.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.36%

20.57%

+1.79%

QQQ vs. GLTR - Expense Ratio Comparison

QQQ has a 0.18% expense ratio, which is lower than GLTR's 0.60% expense ratio.

Dividends

QQQ vs. GLTR - Dividend Comparison

QQQ's dividend yield for the trailing twelve months is around 0.39%, while GLTR has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
GLTR
Aberdeen Standard Physical Precious Metals Basket Shares ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ ETF		0.39%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

QQQ and GLTR have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GLTR has higher volatility (9.50%) compared to QQQ (6.84%). In terms of maximum drawdown, QQQ dropped -82.97% vs GLTR's -55.70%.

On 10-year performance, QQQ leads with 21.59% vs 12.31% for GLTR. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 6.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, QQQ has performed better with a 21.59% return vs 12.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QQQ is cheaper with a 0.18% expense ratio, compared with 0.60% for GLTR.

QQQ has the higher dividend yield at 0.39%, compared with 0.00% for GLTR.

QQQ is categorized as Nasdaq-100, while GLTR is Precious Metals. QQQ tracks NASDAQ-100 Index, while GLTR tracks ETFS Physical Precious Metals Basket Index. They also come from different issuers: Invesco and Aberdeen. Their fees differ too: 0.18% for QQQ and 0.60% for GLTR.

QQQ currently has the higher Sharpe Ratio (2.15 vs 1.19), 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.

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