QYLD vs VYM

QYLD vs VYM

Which is better, QYLD or VYM?

Multi Alternative against Large Cap Value.

VYM has a lower expense ratio. QYLD led over 1Y, VYM over 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 47.1%.

Lower Fees: VYMHigher Returns: splitLess Concentrated: VYM

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

MetricQYLDVYM
Expense Ratio0.60%0.04%Best
AUM$8.3B$81.6B
Dividend Yield11.62%2.22%
Holdings105613
YTD Return+12.59%+13.91%Best
1Y Return+22.25%Best+17.57%
3Y Return (annualized)+14.84%+18.12%Best
5Y Return (annualized)+8.16%+12.17%Best
Volatility (annualized)11.0%Best13.5%
Max Drawdown-30.7%Best-35.7%
$10,000 over 5 years$14,802$17,758Best
Top 10 Weight47.1%25.9%Best
Fund FamilyGlobal X by mirae AssetVanguard (US)
CategoryAlternativeEquity
StyleMulti AlternativeLarge Cap Value
InceptionDec 11, 2013Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Dec 12, 2013 to Sep 11, 2026 (12.7 years).

QYLD vs VYM 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 VYM Performance

Global X NASDAQ 100 Covered Call ETF (QYLD) is an ETF from Global X by mirae Asset and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year QYLD returned +22.25% while VYM returned +17.57%. Year to date, QYLD is up 12.59% versus a gain of 13.91% for VYM.

Over three years, QYLD compounded at +14.84% per year against +18.12% for VYM; over five years the annualized figures are +8.16% and +12.17% respectively. Across the full 13-year window we track, VYM has the edge at +9.43% annualized vs +2.98%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 13.5% 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 -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

QYLD charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period. On income, QYLD currently yields 11.62% against 2.22% for VYM.

Holdings Overlap

QYLD already in VYM17.2%
VYM already in QYLD20.0%

17.2% of QYLD's money is in holdings VYM also owns. 20.0% of VYM's money is in holdings QYLD also owns.

VYM and QYLD share little of their money.

The two holdings books were reported 63 days apart, QYLD as of Sep 1, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.

28 positions in common, counted across the 102 positions we hold weights for in QYLD and 603 in VYM, against full books of 105 and 613.

What only one of them owns

Our book lists 540 positions for VYM that do not appear in our book for QYLD (77.5% of the fund), and 66 for QYLD that do not appear in VYM (81.0%).

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

StockWeight in QYLDWeight in VYMDifference
AVGOBroadcom Inc2.87%7.29%4.42%
CSCOCisco Systems Inc. - Ordinary Shares1.96%1.93%0.03%
TXNTexas Instruments, Inc1.04%1.13%0.09%
LINLinde Plc Ordinary Shares1.02%0.99%0.03%
AMGNAmgen Inc.1.07%0.75%0.32%
PEPPepsico Inc.0.86%0.77%0.09%
QCOMQualcomm Inc.0.79%0.81%0.02%
ADIAnalog Devices, Inc.0.78%0.80%0.02%
GILDGilead Sciences Inc0.84%0.65%0.19%
TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#5855580.89%0.34%0.55%

20.0% of VYM is already inside QYLD.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

QYLDVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, QYLD or VYM?

QYLD has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option, by $56 a year on a $10,000 investment.

Which performed better, QYLD or VYM?

Over the past year QYLD returned +22.25% vs +17.57% for VYM, so QYLD leads on 1-year performance. Over the longest common window we track (13 years), QYLD annualized +2.98% vs +9.43% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, QYLD or VYM?

VYM has been the more volatile fund at 13.5% annualized versus 11.0% for QYLD. Worst drawdown: QYLD -30.7% vs VYM -35.7%.

Should I hold both QYLD and VYM?

QYLD and VYM have a monthly-return correlation of 0.70, 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 VYM?

20.0% of VYM's money is in holdings QYLD also owns. 20.0% of VYM's is in holdings QYLD also owns. They hold 28 positions in common, counted across the 102 positions we hold weights for in QYLD and 603 in VYM.

Which pays a higher dividend, QYLD or VYM?

QYLD yields 11.62% while VYM yields 2.22%, so QYLD currently pays the higher dividend yield.

Is VYM better than QYLD?

VYM has a lower expense ratio. QYLD led over 1Y, VYM over 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% 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.