IQDY vs VOO
Northern Trust International Quality Dividend Dynamic ETF vs Vanguard S&P 500 ETF
Which is better, IQDY or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. IQDY led over 1Y and 3Y, VOO over 5Y and the full window. IQDY is less concentrated, with 20.9% of the fund in its ten largest positions against 36.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IQDY | VOO |
|---|---|---|
| Expense Ratio | 0.47% | 0.03%Best |
| AUM | $114M | $997.4B |
| Dividend Yield | 2.89% | 1.04% |
| Holdings | 252 | 509 |
| YTD Return | +18.37%Best | +11.55% |
| 1Y Return | +32.36%Best | +17.54% |
| 3Y Return (annualized) | +24.98%Best | +20.71% |
| 5Y Return (annualized) | +12.52% | +12.80%Best |
| Volatility (annualized) | 17.2% | 14.4%Best |
| Max Drawdown | -45.3% | -34.3%Best |
| $10,000 over 5 years | $18,036 | $18,262Best |
| Top 10 Weight | 20.9%Best | 36.4% |
| Fund Family | Northern Trust Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Apr 12, 2013 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Apr 16, 2013 to Sep 10, 2026 (13.4 years).
IQDY vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 13.4 years both funds cover.
IQDY vs VOO Performance
Northern Trust International Quality Dividend Dynamic ETF (IQDY) is an ETF from Northern Trust Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year IQDY returned +32.36% while VOO returned +17.54%. Year to date, IQDY is up 18.37% versus a gain of 11.55% for VOO.
Over three years, IQDY compounded at +24.98% per year against +20.71% for VOO; over five years the annualized figures are +12.52% and +12.80% respectively. Across the full 13-year window we track, VOO has the edge at +13.13% annualized vs +6.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQDY has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 14.4% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -45.3% for IQDY and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQDY charges 0.47% per year while VOO charges 0.03%. On a $10,000 position that is $47 vs $3 annually, a gap of $44 per year that compounds over a long holding period. On income, IQDY currently yields 2.89% against 1.04% for VOO.
Holdings Overlap
0.2% of IQDY's money is in holdings VOO also owns. 0.1% of VOO's money is in holdings IQDY also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 200 positions we hold weights for in IQDY and 505 in VOO, against full books of 252 and 509.
What only one of them owns
Our book lists 495 positions for VOO that do not appear in our book for IQDY (99.4% of the fund), and 2 for IQDY that do not appear in VOO (0.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IQDY | Weight in VOO | Difference |
|---|---|---|---|
| ROPRoper Technologies Inc. | 0.19% | 0.05% | 0.14% |
You are not choosing between two funds in isolation.
Whichever of IQDY and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IQDY or VOO?
IQDY has an expense ratio of 0.47% while VOO charges 0.03%. VOO is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, IQDY or VOO?
Over the past year IQDY returned +32.36% vs +17.54% for VOO, so IQDY leads on 1-year performance. Over the longest common window we track (13 years), IQDY annualized +6.46% vs +13.13% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQDY or VOO?
IQDY has been the more volatile fund at 17.2% annualized versus 14.4% for VOO. Worst drawdown: IQDY -45.3% vs VOO -34.3%.
Should I hold both IQDY and VOO?
IQDY and VOO have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IQDY or VOO?
IQDY yields 2.89% while VOO yields 1.04%, so IQDY currently pays the higher dividend yield.
Is VOO better than IQDY?
VOO has a lower expense ratio. IQDY led over 1Y and 3Y, VOO over 5Y and the full window. IQDY is less concentrated, with 20.9% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.