QYLG vs VYM
Global X Nasdaq 100 Covered Call & Growth ETF vs Vanguard High Dividend Yield ETF
Which is better, QYLG or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. QYLG led over 1Y and 3Y, VYM over 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 46.8%.
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 | QYLG | VYM |
|---|---|---|
| Expense Ratio | 0.35% | 0.04%Best |
| AUM | $169M | $81.6B |
| Dividend Yield | 17.17% | 2.22% |
| Holdings | 106 | 613 |
| YTD Return | +14.64%Best | +13.08% |
| 1Y Return | +21.17%Best | +17.46% |
| 3Y Return (annualized) | +20.30%Best | +17.73% |
| 5Y Return (annualized) | +11.22% | +12.22%Best |
| Volatility (annualized) | 15.2% | 13.9%Best |
| Max Drawdown | -30.0% | -15.8%Best |
| $10,000 over 5 years | $17,018 | $17,797Best |
| Top 10 Weight | 46.8% | 26.1%Best |
| Fund Family | GLOBALXETFS | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Sep 18, 2020 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2020 to Sep 14, 2026 (6 years).
QYLG 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 6 years both funds cover.
QYLG vs VYM Performance
Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an ETF from GLOBALXETFS and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year QYLG returned +21.17% while VYM returned +17.46%. Year to date, QYLG is up 14.64% versus a gain of 13.08% for VYM.
Over three years, QYLG compounded at +20.30% per year against +17.73% for VYM; over five years the annualized figures are +11.22% and +12.22% respectively. Across the full 6-year window we track, VYM has the edge at +15.48% annualized vs +13.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QYLG has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 13.9% for VYM. 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 -30.0% for QYLG and -15.8% 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QYLG charges 0.35% per year while VYM charges 0.04%. On a $10,000 position that is $35 vs $4 annually, a gap of $31 per year that compounds over a long holding period. On income, QYLG currently yields 17.17% against 2.22% for VYM.
Holdings Overlap
17.1% of QYLG's money is in holdings VYM also owns. 19.6% of VYM's money is in holdings QYLG also owns.
VYM and QYLG share little of their money.
28 positions in common, counted across the 102 positions we hold weights for in QYLG and 557 in VYM, against full books of 106 and 613.
What only one of them owns
Our book lists 500 positions for VYM that do not appear in our book for QYLG (77.5% of the fund), and 67 for QYLG that do not appear in VYM (81.3%).
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 QYLG | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.83% | 7.35% | 4.52% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.93% | 1.86% | 0.07% |
| TXNTexas Instrument Inc | 1.05% | 1.02% | 0.03% |
| LINLinde Plc Ordinary Shares | 1.00% | 0.90% | 0.10% |
| AMGNAmgen Inc. | 1.03% | 0.78% | 0.25% |
| PEPPepsico Inc. | 0.85% | 0.77% | 0.08% |
| ADIAnalog Devices, Inc. | 0.78% | 0.73% | 0.05% |
| GILDGilead Sciences | 0.81% | 0.66% | 0.15% |
| QCOMQualcomm Inc. | 0.80% | 0.63% | 0.17% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.87% | 0.34% | 0.53% |
You are not choosing between two funds in isolation.
Whichever of QYLG and VYM 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, QYLG or VYM?
QYLG has an expense ratio of 0.35% while VYM charges 0.04%. VYM is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, QYLG or VYM?
Over the past year QYLG returned +21.17% vs +17.46% for VYM, so QYLG leads on 1-year performance. Over the longest common window we track (6 years), QYLG annualized +13.72% vs +15.48% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QYLG or VYM?
QYLG has been the more volatile fund at 15.2% annualized versus 13.9% for VYM. Worst drawdown: QYLG -30.0% vs VYM -15.8%.
Should I hold both QYLG and VYM?
QYLG and VYM have a monthly-return correlation of 0.60, 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 QYLG and VYM?
19.6% of VYM's money is in holdings QYLG also owns. 19.6% of VYM's is in holdings QYLG also owns. They hold 28 positions in common, counted across the 102 positions we hold weights for in QYLG and 557 in VYM.
Which pays a higher dividend, QYLG or VYM?
QYLG yields 17.17% while VYM yields 2.22%, so QYLG currently pays the higher dividend yield.
Is VYM better than QYLG?
VYM has a lower expense ratio. QYLG led over 1Y and 3Y, VYM over 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 46.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.