QYLD vs VOO
Global X NASDAQ 100 Covered Call ETF vs Vanguard S&P 500 ETF
Which is better, QYLD or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. QYLD led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 47.1%.
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 | QYLD | VOO |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $8.3B | $997.4B |
| Dividend Yield | 11.62% | 1.04% |
| Holdings | 105 | 509 |
| YTD Return | +12.59%Best | +12.50% |
| 1Y Return | +22.25%Best | +17.58% |
| 3Y Return (annualized) | +14.84% | +21.27%Best |
| 5Y Return (annualized) | +8.16% | +12.95%Best |
| Volatility (annualized) | 11.0%Best | 14.6% |
| Max Drawdown | -30.7%Best | -34.3% |
| $10,000 over 5 years | $14,802 | $18,384Best |
| Top 10 Weight | 47.1% | 36.4%Best |
| Fund Family | Global X by mirae Asset | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Dec 11, 2013 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Dec 12, 2013 to Sep 11, 2026 (12.7 years).
QYLD 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 12.7 years both funds cover.
QYLD vs VOO Performance
Global X NASDAQ 100 Covered Call ETF (QYLD) is an ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year QYLD returned +22.25% while VOO returned +17.58%. Year to date, QYLD is up 12.59% versus a gain of 12.50% for VOO.
Over three years, QYLD compounded at +14.84% per year against +21.27% for VOO; over five years the annualized figures are +8.16% and +12.95% respectively. Across the full 13-year window we track, VOO has the edge at +12.82% annualized vs +2.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 11.0% for QYLD. 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 -30.7% for QYLD 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QYLD charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, QYLD currently yields 11.62% against 1.04% for VOO.
Holdings Overlap
95.7% of QYLD's money is in holdings VOO also owns. 54.5% of VOO's money is in holdings QYLD also owns.
Most of QYLD is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 63 days apart, QYLD as of Sep 1, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
87 positions in common, counted across the 102 positions we hold weights for in QYLD and 505 in VOO, against full books of 105 and 509.
What only one of them owns
Our book lists 409 positions for VOO that do not appear in our book for QYLD (45.0% of the fund), and 7 for QYLD that do not appear in VOO (2.5%).
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.
Top Shared Holdings
| Stock | Weight in QYLD | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.61% | 7.51% | 1.10% |
| AAPLApple, Inc | 7.82% | 6.59% | 1.23% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.09% | 4.30% | 1.79% |
| AMZNAmazon.Com Inc | 4.49% | 3.62% | 0.87% |
| MUMicron Technology, Inc. | 4.76% | 2.02% | 2.74% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 3.25% | 0.06% |
| AVGOBroadcom Inc | 2.87% | 2.77% | 0.10% |
| GOOGAlphabet Inc | 2.97% | 2.59% | 0.38% |
| AMDAdvanced Micro Devices Inc. | 3.39% | 1.47% | 1.92% |
| TSLATesla Inc | 2.91% | 1.84% | 1.07% |
95.7% of QYLD is already inside VOO.
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, QYLD or VOO?
QYLD has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, QYLD or VOO?
Over the past year QYLD returned +22.25% vs +17.58% for VOO, so QYLD leads on 1-year performance. Over the longest common window we track (13 years), QYLD annualized +2.98% vs +12.82% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QYLD or VOO?
VOO has been the more volatile fund at 14.6% annualized versus 11.0% for QYLD. Worst drawdown: QYLD -30.7% vs VOO -34.3%.
Should I hold both QYLD and VOO?
QYLD and VOO have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QYLD and VOO?
95.7% of QYLD's money is in holdings VOO also owns. 54.5% of VOO's is in holdings QYLD also owns. They hold 87 positions in common, counted across the 102 positions we hold weights for in QYLD and 505 in VOO.
Which pays a higher dividend, QYLD or VOO?
QYLD yields 11.62% while VOO yields 1.04%, so QYLD currently pays the higher dividend yield.
Is VOO better than QYLD?
VOO has a lower expense ratio. QYLD led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.