TEK vs. GQGU

Last updated Jul 14, 2026

TEK (iShares Technology Opportunities Active ETF) and GQGU (GQG US Equity ETF) are both exchange-traded funds - TEK is a Technology Equities fund actively managed by iShares, while GQGU is a Large Cap Growth Equities fund actively managed by GQG Partners. Both are actively managed. Over the past year, TEK returned 39.18% vs 4.92% for GQGU. At a correlation of -0.41, they often move in opposite directions. TEK charges 0.75%/yr vs 0.49%/yr for GQGU.

Performance

TEK vs. GQGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Technology Opportunities Active ETF (TEK) and GQG US Equity ETF (GQGU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEK achieves a 27.66% return, which is significantly higher than GQGU's 6.11% return.

TEK

• 1D: -4.31%
• 1M: -5.00%
• 6M: 23.88%
• YTD: 27.66%
• 1Y: 39.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GQGU

• 1D: 0.29%
• 1M: -0.27%
• 6M: 6.11%
• YTD: 6.11%
• 1Y: 4.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEK vs. GQGU - Yearly Performance Comparison

	2026 (YTD)	2025
TEK iShares Technology Opportunities Active ETF	27.66%	9.02%
GQGU GQG US Equity ETF	6.11%	-1.12%

Correlation

The correlation between TEK and GQGU is -0.41, 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 (All Time) Calculated using the full available price history since Jul 14, 2025	-0.41

Return for Risk

TEK vs. GQGU — Risk / Return Rank

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

TEK

TEK Risk / Return Rank: 45
TEK Sharpe Ratio Rank: 45
TEK Sortino Ratio Rank: 42
TEK Omega Ratio Rank: 44
TEK Calmar Ratio Rank: 51
TEK Martin Ratio Rank: 43

GQGU

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.

TEK vs. GQGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Technology Opportunities Active ETF (TEK) and GQG US Equity ETF (GQGU). 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.

	TEK	GQGU	Difference
Sharpe ratio: Return per unit of total volatility	1.27	—	—
Sortino ratio: Return per unit of downside risk	1.75	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	2.04	—	—
Martin ratio: Return relative to average drawdown	5.62	—	—

Drawdowns

TEK vs. GQGU - Drawdown Comparison

The maximum TEK drawdown since its inception was -28.24%, which is greater than GQGU's maximum drawdown of -8.41%. Use the drawdown chart below to compare losses from any high point for TEK and GQGU.

Drawdown Indicators

	TEK	GQGU	Difference
Max Drawdown Largest peak-to-trough decline	-28.24%	-8.41%	-19.83%
Max Drawdown (1Y) Largest decline over 1 year	-19.29%	-8.41%	-10.88%
Current Drawdown Current decline from peak	-11.40%	-5.09%	-6.31%
Average Drawdown Average peak-to-trough decline	-5.90%	-2.88%	-3.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.99%	—	—

Volatility

Volatility by Period

	TEK	GQGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.05%	10.74%	+20.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.44%	10.74%	+20.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.44%	10.74%	+20.70%

TEK vs. GQGU - Expense Ratio Comparison

TEK has a 0.75% expense ratio, which is higher than GQGU's 0.49% expense ratio.

Dividends

TEK vs. GQGU - Dividend Comparison

TEK's dividend yield for the trailing twelve months is around 1.24%, more than GQGU's 0.96% yield.

Position	TTM	2025
GQGU GQG US Equity ETF	0.96%	1.02%
TEK iShares Technology Opportunities Active ETF	1.24%	1.62%

Frequently Asked Questions

Can I hold both TEK and GQGU in my portfolio?

TEK and GQGU have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TEK or GQGU?

On 1-year performance, TEK leads with 39.18% vs 4.92% for GQGU. On fees, GQGU is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEK or GQGU?

Over the 1-year period, TEK has performed better with a 39.18% return vs 4.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEK or GQGU?

GQGU is cheaper with a 0.49% expense ratio, compared with 0.75% for TEK.

Which ETF pays a higher dividend yield, TEK or GQGU?

TEK has the higher dividend yield at 1.24%, compared with 0.96% for GQGU.

What is the main difference between TEK and GQGU?

TEK is categorized as Technology Equities, while GQGU is Large Cap Growth Equities. They also come from different issuers: iShares and GQG Partners. Their fees differ too: 0.75% for TEK and 0.49% for GQGU.