IQSU vs YLDE
NYLIM Candriam US Large Cap Equity ETF vs Franklin ClearBridge Enhanced Income ETF
Which is better, IQSU or YLDE?
IQSU has been ahead.
IQSU has a lower expense ratio. IQSU led over 1Y, 3Y, 5Y and the full window. YLDE is less concentrated, with 32.6% of the fund in its ten largest positions against 43.3%.
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 | IQSU | YLDE |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.48% |
| AUM | $354M | $173M |
| Dividend Yield | 0.91% | 7.02% |
| Holdings | 264 | 110 |
| YTD Return | +15.73%Best | +8.88% |
| 1Y Return | +20.02%Best | +11.41% |
| 3Y Return (annualized) | +19.22%Best | +16.86% |
| 5Y Return (annualized) | +11.67%Best | +10.66% |
| Volatility (annualized) | 17.7% | 15.3%Best |
| Max Drawdown | -31.3%Best | -33.3% |
| $10,000 over 5 years | $17,365Best | $16,594 |
| Top 10 Weight | 43.3% | 32.6%Best |
| Fund Family | New York Life Investments | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 17, 2019 | May 22, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Oct 14, 2026 (6.8 years).
IQSU vs YLDE 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 6.8 years both funds cover.
IQSU vs YLDE Performance
NYLIM Candriam US Large Cap Equity ETF (IQSU) is an ETF from New York Life Investments and Franklin ClearBridge Enhanced Income ETF (YLDE) is an ETF from Franklin Templeton Investments (US). Over the past year IQSU returned +20.02% while YLDE returned +11.41%. Year to date, IQSU is up 15.73% versus a gain of 8.88% for YLDE.
Over three years, IQSU compounded at +19.22% per year against +16.86% for YLDE; over five years the annualized figures are +11.67% and +10.66% respectively. Across the full 7-year window we track, IQSU has the edge at +15.49% annualized vs +11.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQSU has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 15.3% for YLDE. 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 -31.3% for IQSU and -33.3% for YLDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQSU charges 0.09% per year while YLDE charges 0.48%. On a $10,000 position that is $9 vs $48 annually, a gap of $39 per year that compounds over a long holding period. On income, IQSU currently yields 0.91% against 7.02% for YLDE.
Holdings Overlap
30.6% of IQSU's money is in holdings YLDE also owns. 57.1% of YLDE's money is in holdings IQSU also owns.
The two portfolios partly overlap.
29 positions in common, counted across the 269 positions we hold weights for in IQSU and 48 in YLDE, against full books of 264 and 110.
What only one of them owns
Our book lists 15 positions for YLDE that do not appear in our book for IQSU (35.2% of the fund), and 235 for IQSU that do not appear in YLDE (68.6%).
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 IQSU | Weight in YLDE | Difference |
|---|---|---|---|
| AAPLApple, Inc | 10.22% | 2.18% | 8.04% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.46% | 3.67% | 1.79% |
| GOOGLAlphabet Inc Cap Stk Cl A | 5.24% | 3.41% | 1.83% |
| VVisa Inc-class A Shares | 1.70% | 1.92% | 0.22% |
| KOCoca Cola Co. | 0.95% | 2.12% | 1.17% |
| TXNTexas Instruments, Inc | 0.76% | 2.16% | 1.40% |
| MMCMarsh & Mclennan Cos Inc | 0.22% | 2.62% | 2.40% |
| APDAir Products & Chemicals Inc. | 0.17% | 2.66% | 2.49% |
| APOAthene (Ath) / Apollo Global Management (Apo) | 0.14% | 2.69% | 2.55% |
| ADPAutomatic Data Processing Inc. | 0.28% | 2.41% | 2.13% |
57.1% of YLDE is already inside IQSU.
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, IQSU or YLDE?
IQSU has an expense ratio of 0.09% while YLDE charges 0.48%. IQSU is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, IQSU or YLDE?
Over the past year IQSU returned +20.02% vs +11.41% for YLDE, so IQSU leads on 1-year performance. Over the longest common window we track (7 years), IQSU annualized +15.49% vs +11.39% for YLDE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQSU or YLDE?
IQSU has been the more volatile fund at 17.7% annualized versus 15.3% for YLDE. Worst drawdown: IQSU -31.3% vs YLDE -33.3%.
Should I hold both IQSU and YLDE?
IQSU and YLDE have a monthly-return correlation of 0.86, 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 IQSU and YLDE?
57.1% of YLDE's money is in holdings IQSU also owns. 57.1% of YLDE's is in holdings IQSU also owns. They hold 29 positions in common, counted across the 269 positions we hold weights for in IQSU and 48 in YLDE.
Which pays a higher dividend, IQSU or YLDE?
IQSU yields 0.91% while YLDE yields 7.02%, so YLDE currently pays the higher dividend yield.
Is YLDE better than IQSU?
IQSU has a lower expense ratio. IQSU led over 1Y, 3Y, 5Y and the full window. YLDE is less concentrated, with 32.6% of the fund in its ten largest positions against 43.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.