EXG vs QVOY
Eaton Vance Tax-Managed Global Diversified Equity Income Fund vs Q3 All-Season Active Rotation ETF
Which is better, EXG or QVOY?
EXG has been ahead.
EXG has a lower expense ratio. EXG led over 1Y, 3Y and the full window. EXG is less concentrated, with 29.8% of the fund in its ten largest positions against 96.9%.
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 | EXG | QVOY |
|---|---|---|
| Expense Ratio | 1.07%Best | 1.32% |
| AUM | $3.2B | $58M |
| Dividend Yield | 7.52% | 0.59% |
| Holdings | 115 | 26 |
| YTD Return | +5.49%Best | +3.96% |
| 1Y Return | +12.28%Best | -2.98% |
| 3Y Return (annualized) | +18.43%Best | +6.92% |
| 5Y Return (annualized) | +7.26% | - |
| Volatility (annualized) | 13.0%Best | 14.2% |
| Max Drawdown | -19.6% | -17.1%Best |
| $10,000 over 3.9 years | $17,020Best | $13,287 |
| Top 10 Weight | 29.8%Best | 96.9% |
| Fund Family | Eaton Vance | Q3 Asset Management |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 27, 2007 | Dec 6, 2022 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Dec 7, 2022 to Oct 14, 2026 (3.9 years).
EXG vs QVOY 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 3.9 years both funds cover.
EXG vs QVOY Performance
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) is an ETF from Eaton Vance and Q3 All-Season Active Rotation ETF (QVOY) is an ETF from Q3 Asset Management. Over the past year EXG returned +12.28% while QVOY returned -2.98%. Year to date, EXG is up 5.49% versus a gain of 3.96% for QVOY.
Over three years, EXG compounded at +18.43% per year against +6.92% for QVOY. Across the full 4-year window we track, EXG has the edge at +14.61% annualized vs +7.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QVOY has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 13.0% for EXG. 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 -19.6% for EXG and -17.1% for QVOY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EXG charges 1.07% per year while QVOY charges 1.32%. On a $10,000 position that is $107 vs $132 annually, a gap of $25 per year that compounds over a long holding period. On income, EXG currently yields 7.52% against 0.59% for QVOY.
Holdings Overlap
We hold position weights for 94 holdings in EXG and 12 in QVOY, totalling 99.7% and 99.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 217 days apart, EXG as of Feb 27, 2026 and QVOY as of Oct 2, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 94 positions we hold weights for in EXG and 12 in QVOY, against full books of 115 and 26.
What only one of them owns
Our book lists 12 positions for QVOY that do not appear in our book for EXG (99.4% of the fund), and 48 for EXG that do not appear in QVOY (55.7%).
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.
You are not choosing between two funds in isolation.
Whichever of EXG and QVOY 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, EXG or QVOY?
EXG has an expense ratio of 1.07% while QVOY charges 1.32%. EXG is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, EXG or QVOY?
Over the past year EXG returned +12.28% vs -2.98% for QVOY, so EXG leads on 1-year performance. Over the longest common window we track (4 years), EXG annualized +14.61% vs +7.56% for QVOY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EXG or QVOY?
QVOY has been the more volatile fund at 14.2% annualized versus 13.0% for EXG. Worst drawdown: EXG -19.6% vs QVOY -17.1%.
Should I hold both EXG and QVOY?
EXG and QVOY have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EXG or QVOY?
EXG yields 7.52% while QVOY yields 0.59%, so EXG currently pays the higher dividend yield.
Is QVOY better than EXG?
EXG has a lower expense ratio. EXG led over 1Y, 3Y and the full window. EXG is less concentrated, with 29.8% of the fund in its ten largest positions against 96.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.