IQSI vs VOO
NYLI Candriam International Equity ETF vs Vanguard S&P 500 ETF
Which is better, IQSI or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. IQSI is less concentrated, with 19.2% 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 | IQSI | VOO |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $275M | $997.4B |
| Dividend Yield | 2.69% | 1.08% |
| Holdings | 603 | 509 |
| YTD Return | +12.12% | +12.74%Best |
| 1Y Return | +17.39% | +19.43%Best |
| 3Y Return (annualized) | +16.75% | +21.18%Best |
| 5Y Return (annualized) | +8.02% | +12.76%Best |
| Volatility (annualized) | 16.7%Best | 16.9% |
| Max Drawdown | -31.9%Best | -34.3% |
| $10,000 over 5 years | $14,707 | $18,230Best |
| Top 10 Weight | 19.2%Best | 36.4% |
| Fund Family | INDEXIQ ETF TRUST | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 17, 2019 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Sep 8, 2026 (6.7 years).
IQSI 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 6.7 years both funds cover.
IQSI vs VOO Performance
NYLI Candriam International Equity ETF (IQSI) is an ETF from INDEXIQ ETF TRUST and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year IQSI returned +17.39% while VOO returned +19.43%. Year to date, IQSI is up 12.12% versus a gain of 12.74% for VOO.
Over three years, IQSI compounded at +16.75% per year against +21.18% for VOO; over five years the annualized figures are +8.02% and +12.76% respectively. Across the full 7-year window we track, VOO has the edge at +15.21% annualized vs +9.33%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 16.7% for IQSI. 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 -31.9% for IQSI 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQSI charges 0.15% per year while VOO charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, IQSI currently yields 2.69% against 1.08% for VOO.
Holdings Overlap
0.1% of IQSI's money is in holdings VOO also owns. 0.1% of VOO's money is in holdings IQSI also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 49 days apart, IQSI as of Aug 18, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 562 positions we hold weights for in IQSI and 504 in VOO, against full books of 603 and 509.
What only one of them owns
Our book lists 493 positions for VOO that do not appear in our book for IQSI (99.3% of the fund), and 10 for IQSI that do not appear in VOO (1.4%).
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.
You are not choosing between two funds in isolation.
Whichever of IQSI 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, IQSI or VOO?
IQSI has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, IQSI or VOO?
Over the past year IQSI returned +17.39% vs +19.43% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), IQSI annualized +9.33% vs +15.21% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQSI or VOO?
VOO has been the more volatile fund at 16.9% annualized versus 16.7% for IQSI. Worst drawdown: IQSI -31.9% vs VOO -34.3%.
Should I hold both IQSI and VOO?
IQSI and VOO have a monthly-return correlation of 0.84, 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, IQSI or VOO?
IQSI yields 2.69% while VOO yields 1.08%, so IQSI currently pays the higher dividend yield.
Is VOO better than IQSI?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. IQSI is less concentrated, with 19.2% 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.