QYLD vs VOO
Global X NASDAQ 100 Covered Call ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. QYLD delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | QYLD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.03% | |
| AUM | $8.3B | $997.4B | |
| Dividend Yield | 11.90% | 1.08% | |
| Holdings | 105 | 509 | |
| YTD Return | +10.61% | +12.25% | |
| 1Y Return | +23.24% | +20.92% | |
| 3Y Return (annualized) | +14.69% | +21.79% | |
| 5Y Return (annualized) | +8.03% | +13.05% | |
| Volatility (annualized) | 11.0% | 14.1% | |
| Max Drawdown | -30.7% | -34.3% | |
| Fund Family | Global X by mirae Asset | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 11, 2013 | Sep 7, 2010 |
QYLD vs VOO Performance
Global X NASDAQ 100 Covered Call ETF (QYLD) is a ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QYLD returned +23.24% while VOO returned +20.92%. Year to date, QYLD is up 10.61% versus a gain of 12.25% for VOO.
Over three years, QYLD compounded at +14.69% per year against +21.79% for VOO; over five years the annualized figures are +8.03% and +13.05% respectively. Across the full 13-year window we track, VOO has the edge at +13.45% annualized vs +2.85%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% 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 worth weighing if you expect to sell during market stress rather than ride it out.
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 11.90% against 1.08% for VOO.
Holdings Overlap
QYLD and VOO share 87 holdings out of 520 unique holdings combined, representing a 54.5% weight overlap.
High overlap means holding both may not provide much additional diversification.
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. On a $10,000 investment, that is $57 per year of difference.
Which performed better, QYLD or VOO?
Over the past year QYLD returned +23.24% vs +20.92% for VOO, so QYLD leads on 1-year performance. Over the longest common window we track (13 years), QYLD annualized +2.85% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, QYLD or VOO?
VOO has been the more volatile fund at 14.1% 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 combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QYLD and VOO?
QYLD and VOO share 87 common holdings with a 54.5% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, QYLD or VOO?
QYLD yields 11.90% while VOO yields 1.08%, so QYLD currently pays the higher dividend yield.
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