QDCC vs SPY
Global X S&P 500 Quality Dividend Covered Call ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QDCC or SPY?
Option Writing against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
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 | QDCC | SPY |
|---|---|---|
| Expense Ratio | 0.35% | 0.09%Best |
| AUM | $2M | $804.7B |
| Dividend Yield | 10.87% | 0.98% |
| Holdings | 4 | 505 |
| Volatility (annualized) | 7.8%Best | 11.3% |
| Max Drawdown | -13.9%Best | -18.8% |
| $10,000 over 1.3 years | $10,741 | $12,698Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | May 7, 2024 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 396 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. QDCC has data through Aug 22, 2025 and SPY through Sep 22, 2026.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: May 8, 2024 to Aug 22, 2025 (1.3 years).
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 11.3% compared with 7.8% for QDCC. 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 -13.9% for QDCC and -18.8% 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 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QDCC charges 0.35% per year while SPY charges 0.09%. On a $10,000 position that is $35 vs $9 annually, a gap of $26 per year that compounds over a long holding period. On income, QDCC currently yields 10.87% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of QDCC and SPY 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, QDCC or SPY?
QDCC has an expense ratio of 0.35% while SPY charges 0.09%. SPY is the cheaper option, by $26 a year on a $10,000 investment.
Which is riskier, QDCC or SPY?
SPY has been the more volatile fund at 11.3% annualized versus 7.8% for QDCC. Worst drawdown: QDCC -13.9% vs SPY -18.8%.
Should I hold both QDCC and SPY?
QDCC and SPY have a monthly-return correlation of 0.48, 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, QDCC or SPY?
QDCC yields 10.87% while SPY yields 0.98%, so QDCC currently pays the higher dividend yield.
Is SPY better than QDCC?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.