QDVO vs SPYG
Amplify CWP Growth & Income ETF vs State Street SPDR Portfolio S&P 500 Growth ETF
Which is better, QDVO or SPYG?
Nearly the same fund. SPYG costs less.
SPYG has a lower expense ratio. SPYG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. QDVO is less concentrated, with 57.9% of the fund in its ten largest positions against 59.8%.
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 | QDVO | SPYG |
|---|---|---|
| Expense Ratio | 0.56% | 0.04%Best |
| AUM | $787M | $57.9B |
| Dividend Yield | 11.44% | 0.48% |
| Holdings | 97 | 150 |
| YTD Return | +11.49% | +15.40%Best |
| 1Y Return | +14.59% | +18.94%Best |
| 3Y Return (annualized) | - | +27.00% |
| 5Y Return (annualized) | - | +14.06% |
| Volatility (annualized) | 13.3%Best | 16.6% |
| Max Drawdown | -18.6%Best | -22.1% |
| $10,000 over 2.1 years | $14,727 | $15,311Best |
| Top 10 Weight | 57.9%Best | 59.8% |
| Fund Family | Amplify ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 22, 2024 | Sep 25, 2000 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 22, 2024 to Oct 14, 2026 (2.1 years).
QDVO vs SPYG 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 2.1 years both funds cover.
QDVO vs SPYG Performance
Amplify CWP Growth & Income ETF (QDVO) is an ETF from Amplify ETFs and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) is an ETF from State Street Investment Management. Over the past year QDVO returned +14.59% while SPYG returned +18.94%. Year to date, QDVO is up 11.49% versus a gain of 15.40% for SPYG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYG has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 13.3% for QDVO. 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 -18.6% for QDVO and -22.1% for SPYG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QDVO charges 0.56% per year while SPYG charges 0.04%. On a $10,000 position that is $56 vs $4 annually, a gap of $52 per year that compounds over a long holding period. On income, QDVO currently yields 11.44% against 0.48% for SPYG.
Holdings Overlap
82.9% of QDVO's money is in holdings SPYG also owns. 69.3% of SPYG's money is in holdings QDVO also owns.
Most of QDVO is already inside SPYG. Owning both mostly buys the same companies twice.
25 positions in common, counted across the 40 positions we hold weights for in QDVO and 149 in SPYG, against full books of 97 and 150.
What only one of them owns
Our book lists 123 positions for SPYG that do not appear in our book for QDVO (30.6% of the fund), and 15 for QDVO that do not appear in SPYG (18.3%).
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 QDVO | Weight in SPYG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 10.80% | 14.72% | 3.92% |
| MSFTMicrosoft Corp | 6.00% | 10.25% | 4.25% |
| AAPLApple, Inc | 9.01% | 6.79% | 2.22% |
| GOOGLAlphabet Inc | 8.14% | 5.52% | 2.62% |
| AMZNAmazon.Com Inc | 5.09% | 3.71% | 1.38% |
| AVGOBroadcom Inc | 3.33% | 4.77% | 1.44% |
| METAMeta Platforms Inc | 3.95% | 3.96% | 0.01% |
| MUMicron Technology, Inc. | 4.53% | 3.06% | 1.47% |
| AMDAdvanced Micro Devices Inc | 3.75% | 2.34% | 1.41% |
| LLYEli Lilly & Co. | 3.34% | 2.46% | 0.88% |
82.9% of QDVO is already inside SPYG.
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, QDVO or SPYG?
QDVO has an expense ratio of 0.56% while SPYG charges 0.04%. SPYG is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, QDVO or SPYG?
Over the past year QDVO returned +14.59% vs +18.94% for SPYG, so SPYG leads on 1-year performance. Over the longest common window we track (2 years), QDVO annualized +20.24% vs +22.49% for SPYG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QDVO or SPYG?
SPYG has been the more volatile fund at 16.6% annualized versus 13.3% for QDVO. Worst drawdown: QDVO -18.6% vs SPYG -22.1%.
Should I hold both QDVO and SPYG?
QDVO and SPYG have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QDVO and SPYG?
82.9% of QDVO's money is in holdings SPYG also owns. 69.3% of SPYG's is in holdings QDVO also owns. They hold 25 positions in common, counted across the 40 positions we hold weights for in QDVO and 149 in SPYG.
Which pays a higher dividend, QDVO or SPYG?
QDVO yields 11.44% while SPYG yields 0.48%, so QDVO currently pays the higher dividend yield.
Is SPYG better than QDVO?
SPYG has a lower expense ratio. SPYG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. QDVO is less concentrated, with 57.9% of the fund in its ten largest positions against 59.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.