QQQ vs. GQEPX
QQQ (Invesco QQQ ETF) and GQEPX (GQG Partners US Select Quality Equity Fund Investor Shares) are both funds - QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while GQEPX is a Large Cap Growth Equities fund managed by GQG Partners Inc. Over the past 5 years, QQQ returned 16.85%/yr vs 9.85%/yr for GQEPX. A 0.69 correlation means they provide meaningful diversification when combined. QQQ charges 0.18%/yr vs 0.59%/yr for GQEPX.
Performance
QQQ vs. GQEPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQQ achieves a 17.57% return, which is significantly higher than GQEPX's 5.49% return.
QQQ
- 1D
- 0.59%
- 1M
- 0.22%
- YTD
- 17.57%
- 6M
- 17.85%
- 1Y
- 37.55%
- 3Y*
- 26.43%
- 5Y*
- 16.85%
- 10Y*
- 21.79%
GQEPX
- 1D
- -1.17%
- 1M
- -1.40%
- YTD
- 5.49%
- 6M
- 5.97%
- 1Y
- 4.02%
- 3Y*
- 12.75%
- 5Y*
- 9.85%
- 10Y*
- —
QQQ vs. GQEPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 17.57% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -16.81% |
GQEPX GQG Partners US Select Quality Equity Fund Investor Shares | 5.49% | -4.52% | 28.99% | 17.39% | -2.81% | 19.90% | 23.65% | 27.21% | -7.67% |
Correlation
The correlation between QQQ and GQEPX is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018 | 0.69 |
The correlation between QQQ and GQEPX shifts across timeframes, from -0.24 (1 year) to 0.69 (all time), 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.
Return for Risk
QQQ vs. GQEPX — Risk / Return Rank
QQQ
GQEPX
QQQ vs. GQEPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX). 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.
| QQQ | GQEPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.67 | ||
| Sortino ratioReturn per unit of downside risk | +2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.08 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 0.63 | +2.38 |
| Martin ratioReturn relative to average drawdown | 11.22 | 1.37 | +9.86 |
Loading charts...
Drawdowns
QQQ vs. GQEPX - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.97%, which is greater than GQEPX's maximum drawdown of -28.45%. Use the drawdown chart below to compare losses from any high point for QQQ and GQEPX.
Loading charts...
Drawdown Indicators
| QQQ | GQEPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.97% | -28.45% | -54.52% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -6.77% | -5.19% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | -18.97% | -3.80% |
Max Drawdown (5Y)Largest decline over 5 years | -35.12% | -20.49% | -14.63% |
Max Drawdown (10Y)Largest decline over 10 years | -35.12% | — | — |
Current DrawdownCurrent decline from peak | -3.33% | -9.95% | +6.62% |
Average DrawdownAverage peak-to-trough decline | -32.75% | -5.82% | -26.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 3.12% | +0.08% |
Volatility
QQQ vs. GQEPX - Volatility Comparison
Invesco QQQ ETF (QQQ) has a higher volatility of 7.56% compared to GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX) at 3.55%. This indicates that QQQ's price experiences larger fluctuations and is considered to be riskier than GQEPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QQQ | GQEPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.56% | 3.55% | +4.01% |
Volatility (6M)Calculated over the trailing 6-month period | 13.81% | 7.78% | +6.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.19% | 10.16% | +7.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 15.88% | +6.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.38% | 18.70% | +3.68% |
QQQ vs. GQEPX - Expense Ratio Comparison
QQQ has a 0.18% expense ratio, which is lower than GQEPX's 0.59% expense ratio.
Dividends
QQQ vs. GQEPX - Dividend Comparison
QQQ's dividend yield for the trailing twelve months is around 0.39%, less than GQEPX's 6.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQEPX GQG Partners US Select Quality Equity Fund Investor Shares | 6.61% | 6.98% | 5.30% | 0.44% | 4.46% | 1.49% | 0.61% | 0.63% | 0.09% | 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 GQEPX have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQ has higher volatility (7.56%) compared to GQEPX (3.55%). In terms of maximum drawdown, QQQ dropped -82.97% vs GQEPX's -28.45%.
QQQ currently has the higher Sharpe Ratio (2.09 vs 0.42), 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.
Find the right allocation for QQQ and GQEPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer