QDIV vs SPY
Global X S&P 500 Quality Dividend ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QDIV or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. QDIV is less concentrated, with 22.7% of the fund in its ten largest positions against 37.8%.
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 | QDIV | SPY |
|---|---|---|
| Expense Ratio | 0.20% | 0.09%Best |
| AUM | $31M | $804.7B |
| Dividend Yield | 2.72% | 0.98% |
| Holdings | 53 | 505 |
| YTD Return | +14.55%Best | +13.81% |
| 1Y Return | +16.19% | +16.94%Best |
| 3Y Return (annualized) | +11.79% | +22.84%Best |
| 5Y Return (annualized) | +8.33% | +13.50%Best |
| Volatility (annualized) | 18.0% | 16.7%Best |
| Max Drawdown | -41.5% | -34.1%Best |
| $10,000 over 5 years | $14,919 | $18,836Best |
| Top 10 Weight | 22.7%Best | 37.8% |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jul 13, 2018 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Jul 17, 2018 to Sep 22, 2026 (8.2 years).
QDIV vs SPY 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 8.2 years both funds cover.
QDIV vs SPY Performance
Global X S&P 500 Quality Dividend ETF (QDIV) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year QDIV returned +16.19% while SPY returned +16.94%. Year to date, QDIV is up 14.55% versus a gain of 13.81% for SPY.
Over three years, QDIV compounded at +11.79% per year against +22.84% for SPY; over five years the annualized figures are +8.33% and +13.50% respectively. Across the full 8-year window we track, SPY has the edge at +14.23% annualized vs +7.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QDIV has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 16.7% for SPY. 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 -41.5% for QDIV and -34.1% 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QDIV charges 0.20% per year while SPY charges 0.09%. On a $10,000 position that is $20 vs $9 annually, a gap of $11 per year that compounds over a long holding period. On income, QDIV currently yields 2.72% against 0.98% for SPY.
Holdings Overlap
97.7% of QDIV's money is in holdings SPY also owns. 5.8% of SPY's money is in holdings QDIV also owns.
Most of QDIV is already inside SPY. Owning both mostly buys the same companies twice.
49 positions in common, counted across the 50 positions we hold weights for in QDIV and 504 in SPY, against full books of 53 and 505.
What only one of them owns
Our book lists 449 positions for SPY that do not appear in our book for QDIV (93.7% of the fund), and 0 for QDIV that do not appear in SPY (0.0%).
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 QDIV | Weight in SPY | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 2.02% | 1.04% | 0.98% |
| GILDGilead Sciences | 2.29% | 0.28% | 2.01% |
| TGTTarget Corp Common Stock Usd.0833 | 2.37% | 0.11% | 2.26% |
| ADPAutomatic Data Processing, Inc. | 2.27% | 0.17% | 2.10% |
| BMYBristol-Myers Squibb Co. | 2.23% | 0.21% | 2.02% |
| BDXBecton Dickinson And Co. | 2.35% | 0.08% | 2.27% |
| COPConocophillips Common Stock USD 0.01 | 2.10% | 0.25% | 1.85% |
| PGProcter & Gamble Company | 1.82% | 0.52% | 1.30% |
| CTSHCognizant Technology Solutions Corp. Class A | 2.27% | 0.05% | 2.22% |
| BLKBlackrock Funding Inc/De | 2.07% | 0.25% | 1.82% |
97.7% of QDIV 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, QDIV or SPY?
QDIV has an expense ratio of 0.20% while SPY charges 0.09%. SPY is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, QDIV or SPY?
Over the past year QDIV returned +16.19% vs +16.94% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (8 years), QDIV annualized +7.87% vs +14.23% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QDIV or SPY?
QDIV has been the more volatile fund at 18.0% annualized versus 16.7% for SPY. Worst drawdown: QDIV -41.5% vs SPY -34.1%.
Should I hold both QDIV and SPY?
QDIV and SPY have a monthly-return correlation of 0.82, 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 QDIV and SPY?
97.7% of QDIV's money is in holdings SPY also owns. 5.8% of SPY's is in holdings QDIV also owns. They hold 49 positions in common, counted across the 50 positions we hold weights for in QDIV and 504 in SPY.
Which pays a higher dividend, QDIV or SPY?
QDIV yields 2.72% while SPY yields 0.98%, so QDIV currently pays the higher dividend yield.
Is SPY better than QDIV?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. QDIV is less concentrated, with 22.7% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.