QQQ vs RYLG
Invesco QQQ Trust, Series 1 vs Global X Russell 2000 Covered Call & Growth ETF
Which is better, QQQ or RYLG?
Large Cap Growth against Option Writing.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y 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 | RYLG |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.35% |
| AUM | $498.6B | $8M |
| Dividend Yield | 0.42% | 10.22% |
| Holdings | 321 | 8 |
| YTD Return | +22.67%Best | +12.07% |
| 1Y Return | +24.33%Best | +16.21% |
| 3Y Return (annualized) | +29.05%Best | +14.68% |
| 5Y Return (annualized) | +17.00% | - |
| Volatility (annualized) | 17.9% | 13.8%Best |
| Max Drawdown | -22.8%Tie | -22.8%Tie |
| $10,000 over 4 years | $27,274Best | $14,503 |
| Fund Family | Invesco (US) | Global X by mirae Asset |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Option Writing |
| Inception | Mar 10, 1999 | Oct 4, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 5, 2022 to Oct 2, 2026 (4 years).
QQQ vs RYLG 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 4 years both funds cover.
QQQ vs RYLG Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Global X Russell 2000 Covered Call & Growth ETF (RYLG) is an ETF from Global X by mirae Asset. Over the past year QQQ returned +24.33% while RYLG returned +16.21%. Year to date, QQQ is up 22.67% versus a gain of 12.07% for RYLG.
Over three years, QQQ compounded at +29.05% per year against +14.68% for RYLG. Across the full 4-year window we track, QQQ has the edge at +28.51% annualized vs +9.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 13.8% 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 -22.8% for QQQ and -22.8% for RYLG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
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 0.42% against 10.22% for RYLG.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 1 in RYLG, totalling 99.9% and 99.9% 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 1 in RYLG, against full books of 321 and 8.
You are not choosing between two funds in isolation.
Whichever of QQQ and RYLG 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 RYLG?
QQQ has an expense ratio of 0.18% while RYLG charges 0.35%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, QQQ or RYLG?
Over the past year QQQ returned +24.33% vs +16.21% for RYLG, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +28.51% vs +9.74% for RYLG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RYLG?
QQQ has been the more volatile fund at 17.9% annualized versus 13.8% for RYLG. Worst drawdown: QQQ -22.8% vs RYLG -22.8%.
Should I hold both QQQ and RYLG?
QQQ and RYLG have a monthly-return correlation of 0.61, 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 RYLG?
QQQ yields 0.42% while RYLG yields 10.22%, so RYLG currently pays the higher dividend yield.
Is RYLG better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.