IVV vs QDTE
iShares Core S&P 500 ETF vs Roundhill Innovation-100 0DTE Covered Call Strategy ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | QDTE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.97% | |
| AUM | $865.2B | $907M | |
| Dividend Yield | 1.09% | 44.78% | |
| Holdings | 508 | 8 | |
| YTD Return | +13.43% | +3.29% | |
| 1Y Return | +22.61% | +13.10% | |
| 3Y Return (annualized) | +21.47% | - | |
| 5Y Return (annualized) | +13.26% | - | |
| Volatility (annualized) | 15.1% | 17.2% | |
| Max Drawdown | -56.5% | -20.2% | |
| Fund Family | iShares by BlackRock (US) | Roundhill Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Mar 7, 2024 |
IVV vs QDTE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) is a ETF from Roundhill Investments. Over the past year IVV returned +22.61% while QDTE returned +13.10%. Year to date, IVV is up 13.43% versus a gain of 3.29% for QDTE.
Risk: Volatility and Drawdowns
QDTE has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 15.1% for IVV. 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 -56.5% for IVV and -20.2% for QDTE. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QDTE charges 0.97%. On a $10,000 position that is $3 vs $97 annually, a gap of $94 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 44.78% for QDTE.
Holdings Overlap
IVV and QDTE share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or QDTE?
IVV has an expense ratio of 0.03% while QDTE charges 0.97%. IVV is the cheaper option. On a $10,000 investment, that is $94 per year of difference.
Which performed better, IVV or QDTE?
Over the past year IVV returned +22.61% vs +13.10% for QDTE, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.03% vs +20.50% for QDTE. Past performance does not guarantee future results.
Which is riskier, IVV or QDTE?
QDTE has been the more volatile fund at 17.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs QDTE -20.2%.
Should I hold both IVV and QDTE?
IVV and QDTE have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and QDTE?
IVV and QDTE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or QDTE?
IVV yields 1.09% while QDTE yields 44.78%, so QDTE currently pays the higher dividend yield.
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