USMC vs. GQGU
USMC (Principal U.S. Mega-Cap ETF) and GQGU (GQG US Equity ETF) are both Large Cap Growth Equities funds. USMC is passively managed, while GQGU is actively managed. At a correlation of -0.17, they often move in opposite directions. USMC charges 0.12%/yr vs 0.49%/yr for GQGU.
Performance
USMC vs. GQGU - Performance Comparison
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Returns By Period
In the year-to-date period, USMC achieves a 6.42% return, which is significantly higher than GQGU's 4.84% return.
USMC
- 1D
- -1.37%
- 1M
- -0.32%
- YTD
- 6.42%
- 6M
- 5.31%
- 1Y
- 20.33%
- 3Y*
- 20.41%
- 5Y*
- 14.61%
- 10Y*
- —
GQGU
- 1D
- 1.90%
- 1M
- -3.53%
- YTD
- 4.84%
- 6M
- 4.93%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USMC vs. GQGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
USMC Principal U.S. Mega-Cap ETF | 6.42% | 10.06% |
GQGU GQG US Equity ETF | 4.84% | -1.12% |
Correlation
The correlation between USMC and GQGU is -0.17, 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 | -0.17 |
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Return for Risk
USMC vs. GQGU — Risk / Return Rank
USMC
GQGU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
USMC vs. GQGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal U.S. Mega-Cap ETF (USMC) 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.
| USMC | GQGU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.29 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | — | — |
| Martin ratioReturn relative to average drawdown | 7.47 | — | — |
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Drawdowns
USMC vs. GQGU - Drawdown Comparison
The maximum USMC drawdown since its inception was -29.97%, which is greater than GQGU's maximum drawdown of -8.41%. Use the drawdown chart below to compare losses from any high point for USMC and GQGU.
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Drawdown Indicators
| USMC | GQGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.97% | -8.41% | -21.56% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -19.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.09% | — | — |
Current DrawdownCurrent decline from peak | -2.46% | -6.23% | +3.77% |
Average DrawdownAverage peak-to-trough decline | -4.39% | -2.71% | -1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | — | — |
Volatility
USMC vs. GQGU - Volatility Comparison
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Volatility by Period
| USMC | GQGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.43% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.32% | 10.54% | +1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.43% | 10.54% | +5.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 10.54% | +7.71% |
USMC vs. GQGU - Expense Ratio Comparison
USMC has a 0.12% expense ratio, which is lower than GQGU's 0.49% expense ratio.
Dividends
USMC vs. GQGU - Dividend Comparison
USMC's dividend yield for the trailing twelve months is around 0.76%, less than GQGU's 0.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GQGU GQG US Equity ETF | 0.97% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USMC Principal U.S. Mega-Cap ETF | 0.76% | 0.79% | 1.04% | 1.35% | 1.78% | 1.53% | 1.55% | 2.01% | 2.28% | 0.24% |
Frequently Asked Questions
USMC and GQGU have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, USMC is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
USMC is cheaper with a 0.12% expense ratio, compared with 0.49% for GQGU.
GQGU has the higher dividend yield at 0.97%, compared with 0.76% for USMC.
They also come from different issuers: Principal and GQG Partners. Their fees differ too: 0.12% for USMC and 0.49% for GQGU.
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