QLVD vs VOO
Northern Trust Developed Markets ex-US Quality Low Volatility ETF vs Vanguard S&P 500 ETF
Which is better, QLVD or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. QLVD is less concentrated, with 20.6% of the fund in its ten largest positions against 36.4%.
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 | QLVD | VOO |
|---|---|---|
| Expense Ratio | 0.12% | 0.03%Best |
| AUM | $57M | $997.4B |
| Dividend Yield | 2.93% | 1.08% |
| Holdings | 209 | 509 |
| YTD Return | +9.89% | +12.74%Best |
| 1Y Return | +12.31% | +19.43%Best |
| 3Y Return (annualized) | +14.46% | +21.18%Best |
| 5Y Return (annualized) | +6.81% | +12.76%Best |
| Volatility (annualized) | 12.9%Best | 16.5% |
| Max Drawdown | -28.4%Best | -34.3% |
| $10,000 over 5 years | $13,901 | $18,230Best |
| Top 10 Weight | 20.6%Best | 36.4% |
| Fund Family | Northern Trust Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2019 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jul 16, 2019 to Sep 8, 2026 (7.1 years).
QLVD vs VOO 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 7.1 years both funds cover.
QLVD vs VOO Performance
Northern Trust Developed Markets ex-US Quality Low Volatility ETF (QLVD) is an ETF from Northern Trust Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year QLVD returned +12.31% while VOO returned +19.43%. Year to date, QLVD is up 9.89% versus a gain of 12.74% for VOO.
Over three years, QLVD compounded at +14.46% per year against +21.18% for VOO; over five years the annualized figures are +6.81% and +12.76% respectively. Across the full 7-year window we track, VOO has the edge at +15.29% annualized vs +7.07%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 12.9% for QLVD. 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 -28.4% for QLVD and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QLVD charges 0.12% per year while VOO charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, QLVD currently yields 2.93% against 1.08% for VOO.
Holdings Overlap
0.8% of QLVD's money is in holdings VOO also owns. 0.1% of VOO's money is in holdings QLVD also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 173 positions we hold weights for in QLVD and 504 in VOO, against full books of 209 and 509.
What only one of them owns
Our book lists 493 positions for VOO that do not appear in our book for QLVD (99.3% of the fund), and 4 for QLVD that do not appear in VOO (2.4%).
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.
You are not choosing between two funds in isolation.
Whichever of QLVD and VOO 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, QLVD or VOO?
QLVD has an expense ratio of 0.12% while VOO charges 0.03%. VOO is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, QLVD or VOO?
Over the past year QLVD returned +12.31% vs +19.43% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), QLVD annualized +7.07% vs +15.29% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QLVD or VOO?
VOO has been the more volatile fund at 16.5% annualized versus 12.9% for QLVD. Worst drawdown: QLVD -28.4% vs VOO -34.3%.
Should I hold both QLVD and VOO?
QLVD and VOO have a monthly-return correlation of 0.73, 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, QLVD or VOO?
QLVD yields 2.93% while VOO yields 1.08%, so QLVD currently pays the higher dividend yield.
Is VOO better than QLVD?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. QLVD is less concentrated, with 20.6% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.