QQQ vs RYLG
Invesco QQQ Trust, Series 1 vs Global X Russell 2000 Covered Call & Growth ETF
Quick Verdict
QQQ has a lower expense ratio. RYLG delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | RYLG | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.35% | |
| AUM | $496.3B | $9M | |
| Dividend Yield | 0.44% | 10.35% | |
| Holdings | 108 | 4 | |
| YTD Return | +16.64% | +17.53% | |
| 1Y Return | +27.27% | +28.42% | |
| 3Y Return (annualized) | +25.96% | +14.59% | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 13.9% | |
| Max Drawdown | -83.0% | -22.8% | |
| Fund Family | Invesco (US) | Global X by mirae Asset | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Oct 4, 2022 |
QQQ vs RYLG Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Global X Russell 2000 Covered Call & Growth ETF (RYLG) is a ETF from Global X by mirae Asset. Over the past year QQQ returned +27.27% while RYLG returned +28.42%. Year to date, QQQ is up 16.64% versus a gain of 17.53% for RYLG.
Over three years, QQQ compounded at +25.96% per year against +14.59% for RYLG. Across the full 4-year window we track, QQQ has the edge at +13.03% annualized vs +11.40%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.9% for RYLG. 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 -83.0% for QQQ and -22.8% for RYLG. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while RYLG charges 0.35%. On a $10,000 position that is $18 vs $35 annually, a gap of $17 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 10.35% for RYLG.
Holdings Overlap
QQQ and RYLG share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or RYLG?
QQQ has an expense ratio of 0.18% while RYLG charges 0.35%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, QQQ or RYLG?
Over the past year QQQ returned +27.27% vs +28.42% for RYLG, so RYLG leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.03% vs +11.40% for RYLG. Past performance does not guarantee future results.
Which is riskier, QQQ or RYLG?
QQQ has been the more volatile fund at 30.6% annualized versus 13.9% for RYLG. Worst drawdown: QQQ -83.0% vs RYLG -22.8%.
Should I hold both QQQ and RYLG?
QQQ and RYLG have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RYLG?
QQQ and RYLG share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, QQQ or RYLG?
QQQ yields 0.44% while RYLG yields 10.35%, so RYLG currently pays the higher dividend yield.
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