QQQ vs XYLE
Invesco QQQ Trust, Series 1 vs Global X S&P 500 ESG Covered Call ETF
Which is better, QQQ or XYLE?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | QQQ | XYLE |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.60% |
| AUM | $506.1B | $3M |
| Dividend Yield | 0.42% | 16.97% |
| Holdings | 321 | 317 |
| Volatility (annualized) | 14.4% | 6.2%Best |
| Max Drawdown | -13.6% | -8.0%Best |
| $10,000 over 2 years | $18,643Best | $13,069 |
| Fund Family | Invesco (US) | GLOBALXETFS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Feb 21, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 607 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. QQQ has data through Oct 14, 2026 and XYLE through Feb 14, 2025.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Feb 22, 2023 to Feb 14, 2025 (2 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 14.4% compared with 6.2% for XYLE. 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 -13.6% for QQQ and -8.0% for XYLE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XYLE charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 16.97% for XYLE.
You are not choosing between two funds in isolation.
Whichever of QQQ and XYLE 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, QQQ or XYLE?
QQQ has an expense ratio of 0.18% while XYLE charges 0.60%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which is riskier, QQQ or XYLE?
QQQ has been the more volatile fund at 14.4% annualized versus 6.2% for XYLE. Worst drawdown: QQQ -13.6% vs XYLE -8.0%.
Should I hold both QQQ and XYLE?
QQQ and XYLE have a monthly-return correlation of 0.75, 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, QQQ or XYLE?
QQQ yields 0.42% while XYLE yields 16.97%, so XYLE currently pays the higher dividend yield.
Is XYLE better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.