QQQ vs RYLD
Invesco QQQ Trust, Series 1 vs Global X Russell 2000 Covered Call ETF
Which is better, QQQ or RYLD?
Large Cap Growth against Small Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y 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 | QQQ | RYLD |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.60% |
| AUM | $498.6B | $1.3B |
| Dividend Yield | 0.42% | 11.62% |
| Holdings | 321 | 12 |
| YTD Return | +22.09%Best | +10.13% |
| 1Y Return | +24.51%Best | +14.83% |
| 3Y Return (annualized) | +27.61%Best | +10.17% |
| 5Y Return (annualized) | +16.57%Best | +2.11% |
| Volatility (annualized) | 20.4% | 14.7%Best |
| Max Drawdown | -35.1%Best | -42.5% |
| $10,000 over 5 years | $21,525Best | $11,100 |
| Top 10 Weight | 47.2% | - |
| Fund Family | Invesco (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Growth | Small Cap Growth |
| Inception | Mar 10, 1999 | Apr 17, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Apr 22, 2019 to Oct 12, 2026 (7.5 years).
QQQ vs RYLD 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 7.5 years both funds cover.
QQQ vs RYLD Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Global X Russell 2000 Covered Call ETF (RYLD) is an ETF from Global X by mirae Asset. Over the past year QQQ returned +24.51% while RYLD returned +14.83%. Year to date, QQQ is up 22.09% versus a gain of 10.13% for RYLD.
Over three years, QQQ compounded at +27.61% per year against +10.17% for RYLD; over five years the annualized figures are +16.57% and +2.11% respectively. Across the full 8-year window we track, QQQ has the edge at +20.80% annualized vs +2.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 14.7% for RYLD. 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 -35.1% for QQQ and -42.5% for RYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while RYLD charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 11.62% for RYLD.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 5 in RYLD, totalling 99.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 5 in RYLD, against full books of 321 and 12.
What only one of them owns
Our book lists 1 positions for RYLD that do not appear in our book for QQQ (100.0% of the fund), and 96 for QQQ that do not appear in RYLD (97.8%).
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 QQQ and RYLD 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, QQQ or RYLD?
QQQ has an expense ratio of 0.18% while RYLD charges 0.60%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QQQ or RYLD?
Over the past year QQQ returned +24.51% vs +14.83% for RYLD, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), QQQ annualized +20.80% vs +2.69% for RYLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RYLD?
QQQ has been the more volatile fund at 20.4% annualized versus 14.7% for RYLD. Worst drawdown: QQQ -35.1% vs RYLD -42.5%.
Should I hold both QQQ and RYLD?
QQQ and RYLD have a monthly-return correlation of 0.62, 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, QQQ or RYLD?
QQQ yields 0.42% while RYLD yields 11.62%, so RYLD currently pays the higher dividend yield.
Is RYLD better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.