QQQ vs TYLG
Invesco QQQ Trust, Series 1 vs Global X Information Technology Covered Call & Growth ETF
Which is better, QQQ or TYLG?
Large Cap Growth against Option Writing.
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, TYLG over 1Y. The two have moved almost in lockstep, correlation 0.96. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 81.6%.
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 | TYLG |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.60% |
| AUM | $483.5B | $15M |
| Dividend Yield | 0.44% | 8.68% |
| Holdings | 107 | 77 |
| YTD Return | +15.18% | +22.48%Best |
| 1Y Return | +19.65% | +30.69%Best |
| 3Y Return (annualized) | +24.60%Best | +23.82% |
| 5Y Return (annualized) | +13.94% | - |
| Volatility (annualized) | 18.3% | 15.8%Best |
| Max Drawdown | -22.8%Best | -24.5% |
| $10,000 over 3.8 years | $25,121Best | $23,320 |
| Top 10 Weight | 46.5%Best | 81.6% |
| Fund Family | Invesco (US) | Global X by mirae Asset |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Option Writing |
| Inception | Mar 10, 1999 | Nov 21, 2022 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Nov 22, 2022 to Sep 15, 2026 (3.8 years).
QQQ vs TYLG 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 3.8 years both funds cover.
QQQ vs TYLG Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Global X Information Technology Covered Call & Growth ETF (TYLG) is an ETF from Global X by mirae Asset. Over the past year QQQ returned +19.65% while TYLG returned +30.69%. Year to date, QQQ is up 15.18% versus a gain of 22.48% for TYLG.
Over three years, QQQ compounded at +24.60% per year against +23.82% for TYLG. Across the full 4-year window we track, QQQ has the edge at +27.43% annualized vs +24.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 15.8% for TYLG. 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 -24.5% for TYLG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while TYLG 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 0.44% against 8.68% for TYLG.
Holdings Overlap
55.7% of QQQ's money is in holdings TYLG also owns. 39.2% of TYLG's money is in holdings QQQ also owns.
The two portfolios partly overlap.
35 positions in common, counted across the 102 positions we hold weights for in QQQ and 74 in TYLG, against full books of 107 and 77.
What only one of them owns
Measured across the 102 and 74 positions we hold weights for.
QQQ holds 61 positions TYLG does not, 41.9% of the fund.
Largest: AMZN 4.67%, GOOGL 3.36%, GOOG 3.13%, META 2.78%, TSLA 2.56%
Top Shared Holdings
| Stock | Weight in QQQ | Weight in TYLG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 6.74% | 1.70% |
| AAPLApple, Inc | 7.27% | 6.11% | 1.16% |
| MSFTMicrosoft Corp | 5.76% | 4.77% | 0.99% |
| MUMicron Technology, Inc. | 4.43% | 1.85% | 2.58% |
| AVGOBroadcom Inc | 3.16% | 2.24% | 0.92% |
| AMDAdvanced Micro Devices Inc | 3.45% | 1.83% | 1.62% |
| INTCIntel Corporation | 2.23% | 1.37% | 0.86% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 1.35% | 0.75% |
| AMATApplied Materials, Inc. | 1.86% | 1.10% | 0.76% |
| PLTRPalantir Technologies Inc | 1.60% | 1.29% | 0.31% |
55.7% of QQQ is already inside TYLG.
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, QQQ or TYLG?
QQQ has an expense ratio of 0.18% while TYLG charges 0.60%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QQQ or TYLG?
Over the past year QQQ returned +19.65% vs +30.69% for TYLG, so TYLG leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +27.43% vs +24.96% for TYLG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TYLG?
QQQ has been the more volatile fund at 18.3% annualized versus 15.8% for TYLG. Worst drawdown: QQQ -22.8% vs TYLG -24.5%.
Should I hold both QQQ and TYLG?
QQQ and TYLG have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQQ and TYLG?
55.7% of QQQ's money is in holdings TYLG also owns. 39.2% of TYLG's is in holdings QQQ also owns. They hold 35 positions in common, counted across the 102 positions we hold weights for in QQQ and 74 in TYLG.
Which pays a higher dividend, QQQ or TYLG?
QQQ yields 0.44% while TYLG yields 8.68%, so TYLG currently pays the higher dividend yield.
Is TYLG better than QQQ?
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, TYLG over 1Y. The two have moved almost in lockstep, correlation 0.96. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 81.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.