QCLR vs SPY
Global X NASDAQ 100 Collar 95-110 ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QCLR or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.9% of the fund in its ten largest positions against 47.1%.
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 | QCLR | SPY |
|---|---|---|
| Expense Ratio | 0.25% | 0.09%Best |
| AUM | $4M | $777.9B |
| Dividend Yield | 15.07% | 1.00% |
| Holdings | 215 | 1,011 |
| Volatility (annualized) | 12.8%Best | 15.6% |
| Max Drawdown | -21.8%Best | -24.5% |
| $10,000 over 5.1 years | $15,614 | $18,259Best |
| Top 10 Weight | 47.1% | 38.9%Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Aug 25, 2021 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 26 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. QCLR has data through Oct 16, 2026 and SPY through Nov 11, 2026.
Volatility and max drawdown, and the $10,000 over 5.1 years row, are measured over the window both funds cover: Aug 26, 2021 to Oct 16, 2026 (5.1 years).
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 12.8% for QCLR. 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 -21.8% for QCLR and -24.5% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QCLR charges 0.25% per year while SPY charges 0.09%. On a $10,000 position that is $25 vs $9 annually, a gap of $16 per year that compounds over a long holding period. On income, QCLR currently yields 15.07% against 1.00% for SPY.
Holdings Overlap
93.0% of QCLR's money is in holdings SPY also owns. 55.0% of SPY's money is in holdings QCLR also owns.
Most of QCLR is already inside SPY. Owning both mostly buys the same companies twice.
85 positions in common, counted across the 101 positions we hold weights for in QCLR and 504 in SPY, against full books of 215 and 1,011.
What only one of them owns
Our book lists 414 positions for SPY that do not appear in our book for QCLR (44.7% of the fund), and 10 for QCLR that do not appear in SPY (5.3%).
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 QCLR | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.49% | 8.05% | 0.44% |
| AAPLApple Inc | 7.34% | 7.53% | 0.19% |
| MSFTMicrosoft Corp | 5.78% | 5.96% | 0.18% |
| AMZNAmazon.Com Inc | 4.08% | 3.75% | 0.33% |
| MUMicron Technology, Inc. | 5.04% | 1.55% | 3.49% |
| GOOGLAlphabet Inc | 3.03% | 3.07% | 0.04% |
| METAMeta Platforms Inc | 3.25% | 2.45% | 0.80% |
| AMDAdvanced Micro Devices Inc | 4.30% | 1.40% | 2.90% |
| GOOGAlphabet Inc. C | 2.83% | 2.46% | 0.37% |
| AVGOBroadcom Inc | 2.54% | 2.48% | 0.06% |
93.0% of QCLR is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QCLR or SPY?
QCLR has an expense ratio of 0.25% while SPY charges 0.09%. SPY is the cheaper option, by $16 a year on a $10,000 investment.
Which is riskier, QCLR or SPY?
SPY has been the more volatile fund at 15.6% annualized versus 12.8% for QCLR. Worst drawdown: QCLR -21.8% vs SPY -24.5%.
Should I hold both QCLR and SPY?
QCLR and SPY have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QCLR and SPY?
93.0% of QCLR's money is in holdings SPY also owns. 55.0% of SPY's is in holdings QCLR also owns. They hold 85 positions in common, counted across the 101 positions we hold weights for in QCLR and 504 in SPY.
Which pays a higher dividend, QCLR or SPY?
QCLR yields 15.07% while SPY yields 1.00%, so QCLR currently pays the higher dividend yield.
Is SPY better than QCLR?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.9% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.