IVV vs QDTY
iShares Core S&P 500 ETF vs YieldMax Nasdaq 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 | QDTY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.17% | |
| AUM | $865.2B | $24M | |
| Dividend Yield | 1.09% | 31.34% | |
| Holdings | 508 | 5 | |
| YTD Return | +13.72% | +11.61% | |
| 1Y Return | +21.64% | +21.04% | |
| 3Y Return (annualized) | +21.55% | - | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 20.0% | |
| Max Drawdown | -56.5% | -20.2% | |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Feb 12, 2025 |
IVV vs QDTY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY) is a ETF from YieldMax ETF. Over the past year IVV returned +21.64% while QDTY returned +21.04%. Year to date, IVV is up 13.72% versus a gain of 11.61% for QDTY.
Risk: Volatility and Drawdowns
QDTY has been the more volatile fund, with annualized monthly volatility of 20.0% 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 QDTY. 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while QDTY charges 1.17%. On a $10,000 position that is $3 vs $117 annually, a gap of $114 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 31.34% for QDTY.
Holdings Overlap
IVV and QDTY 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 QDTY?
IVV has an expense ratio of 0.03% while QDTY charges 1.17%. IVV is the cheaper option. On a $10,000 investment, that is $114 per year of difference.
Which performed better, IVV or QDTY?
Over the past year IVV returned +21.64% vs +21.04% for QDTY, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.04% vs +23.96% for QDTY. Past performance does not guarantee future results.
Which is riskier, IVV or QDTY?
QDTY has been the more volatile fund at 20.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs QDTY -20.2%.
Should I hold both IVV and QDTY?
IVV and QDTY have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and QDTY?
IVV and QDTY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or QDTY?
IVV yields 1.09% while QDTY yields 31.34%, so QDTY currently pays the higher dividend yield.
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