TTEQ vs. GGTL

Last updated Jun 26, 2026

TTEQ (T. Rowe Price Technology ETF) and GGTL (Gabelli Global Technology Leaders ETF) are both Technology Equities funds. Both are actively managed. Over the past year, TTEQ returned 51.07% vs 41.24% for GGTL. A 0.76 correlation means they provide meaningful diversification when combined. TTEQ charges 0.63%/yr vs 0.90%/yr for GGTL.

Performance

TTEQ vs. GGTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Technology ETF (TTEQ) and Gabelli Global Technology Leaders ETF (GGTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTEQ achieves a 32.04% return, which is significantly higher than GGTL's 24.82% return.

TTEQ

• 1D: 1.04%
• 1M: -0.76%
• YTD: 32.04%
• 6M: 30.91%
• 1Y: 51.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GGTL

• 1D: 1.40%
• 1M: 0.91%
• YTD: 24.82%
• 6M: 24.68%
• 1Y: 41.24%
• 3Y*: 21.77%
• 5Y*: —
• 10Y*: —

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

TTEQ vs. GGTL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TTEQ T. Rowe Price Technology ETF	32.04%	24.25%	0.78%
GGTL Gabelli Global Technology Leaders ETF	24.82%	19.78%	3.33%

Correlation

The correlation between TTEQ and GGTL is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (All Time) Calculated using the full available price history since Oct 24, 2024	0.76

The correlation between TTEQ and GGTL has been stable across timeframes, ranging from 0.76 to 0.77 - a consistent structural relationship.

TTEQ vs. GGTL - Sectors Allocation Comparison

Sectors	TTEQ	GGTL
Technology	79.3%	55.5%
Communication Services	11.1%	2.9%
Consumer Cyclical	5.8%	0.9%
Financial Services	3.1%	-
Industrials	0.7%	0.1%
Basic Materials	0.5%	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TTEQ vs. GGTL — Risk / Return Rank

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

TTEQ

TTEQ Risk / Return Rank: 64
TTEQ Sharpe Ratio Rank: 69
TTEQ Sortino Ratio Rank: 60
TTEQ Omega Ratio Rank: 65
TTEQ Calmar Ratio Rank: 68
TTEQ Martin Ratio Rank: 59

GGTL

GGTL Risk / Return Rank: 79
GGTL Sharpe Ratio Rank: 76
GGTL Sortino Ratio Rank: 69
GGTL Omega Ratio Rank: 75
GGTL Calmar Ratio Rank: 88
GGTL Martin Ratio Rank: 84

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.

TTEQ vs. GGTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Technology ETF (TTEQ) and Gabelli Global Technology Leaders ETF (GGTL). 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.

	TTEQ	GGTL	Difference
Sharpe ratio: Return per unit of total volatility	1.96	2.13	-0.17
Sortino ratio: Return per unit of downside risk	2.48	2.78	-0.30
Omega ratio: Gain probability vs. loss probability	1.34	1.39	-0.05
Calmar ratio: Return relative to maximum drawdown	2.97	4.51	-1.54
Martin ratio: Return relative to average drawdown	9.20	15.19	-5.98

TTEQ vs. GGTL - Sharpe Ratio Comparison

The current TTEQ Sharpe Ratio is 1.96, which is comparable to the GGTL Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of TTEQ and GGTL, 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

TTEQ vs. GGTL - Drawdown Comparison

The maximum TTEQ drawdown since its inception was -26.97%, which is greater than GGTL's maximum drawdown of -23.65%. Use the drawdown chart below to compare losses from any high point for TTEQ and GGTL.

Drawdown Indicators

	TTEQ	GGTL	Difference
Max Drawdown Largest peak-to-trough decline	-26.97%	-23.65%	-3.32%
Max Drawdown (1Y) Largest decline over 1 year	-17.31%	-9.20%	-8.11%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.46%	—
Current Drawdown Current decline from peak	-5.40%	-3.88%	-1.52%
Average Drawdown Average peak-to-trough decline	-4.82%	-7.39%	+2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.57%	2.72%	+2.85%

Volatility

TTEQ vs. GGTL - Volatility Comparison

T. Rowe Price Technology ETF (TTEQ) has a higher volatility of 13.30% compared to Gabelli Global Technology Leaders ETF (GGTL) at 10.73%. This indicates that TTEQ's price experiences larger fluctuations and is considered to be riskier than GGTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTEQ	GGTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.30%	10.73%	+2.57%
Volatility (6M) Calculated over the trailing 6-month period	22.14%	16.89%	+5.25%
Volatility (1Y) Calculated over the trailing 1-year period	26.15%	19.47%	+6.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.61%	18.19%	+10.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.61%	18.19%	+10.42%

TTEQ vs. GGTL - Expense Ratio Comparison

TTEQ has a 0.63% expense ratio, which is lower than GGTL's 0.90% expense ratio.

Dividends

TTEQ vs. GGTL - Dividend Comparison

TTEQ has not paid dividends to shareholders, while GGTL's dividend yield for the trailing twelve months is around 0.83%.

Position	TTM	2025	2024	2023	2022
GGTL Gabelli Global Technology Leaders ETF	0.83%	1.04%	0.75%	0.84%	0.78%
TTEQ T. Rowe Price Technology ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTEQ and GGTL in my portfolio?

TTEQ and GGTL have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TTEQ or GGTL?

TTEQ has higher volatility (13.30%) compared to GGTL (10.73%). In terms of maximum drawdown, TTEQ dropped -26.97% vs GGTL's -23.65%.

Which ETF is better, TTEQ or GGTL?

On 1-year performance, TTEQ leads with 51.07% vs 41.24% for GGTL. On fees, TTEQ is cheaper at 0.63% per year. On volatility, GGTL has been the lower-risk option at 10.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TTEQ or GGTL?

Over the 1-year period, TTEQ has performed better with a 51.07% return vs 41.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TTEQ or GGTL?

TTEQ is cheaper with a 0.63% expense ratio, compared with 0.90% for GGTL.

Which ETF pays a higher dividend yield, TTEQ or GGTL?

GGTL has the higher dividend yield at 0.83%, compared with 0.00% for TTEQ.

What is the main difference between TTEQ and GGTL?

They also come from different issuers: T. Rowe Price and Gabelli. Their fees differ too: 0.63% for TTEQ and 0.90% for GGTL.

Which has better risk-adjusted returns?

GGTL currently has the higher Sharpe Ratio (2.13 vs 1.96), 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.