QQQ vs XYLG
Invesco QQQ Trust, Series 1 vs Global X S&P 500 Covered Call & Growth ETF
Which is better, QQQ or XYLG?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. XYLG is less concentrated, with 38.3% of the fund in its ten largest positions against 46.7%.
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 | XYLG |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.35% |
| AUM | $506.1B | $69M |
| Dividend Yield | 0.42% | 12.87% |
| Holdings | 321 | 1,012 |
| YTD Return | +19.30%Best | +12.61% |
| 1Y Return | +22.47%Best | +18.12% |
| 3Y Return (annualized) | +26.18%Best | +17.83% |
| 5Y Return (annualized) | +15.42%Best | +10.44% |
| Volatility (annualized) | 20.0% | 11.9%Best |
| Max Drawdown | -35.1% | -21.3%Best |
| $10,000 over 5 years | $20,484Best | $16,430 |
| Top 10 Weight | 46.7% | 38.3%Best |
| Fund Family | Invesco (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Sep 18, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Sep 21, 2020 to Oct 14, 2026 (6.1 years).
QQQ vs XYLG 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 6.1 years both funds cover.
QQQ vs XYLG Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Global X S&P 500 Covered Call & Growth ETF (XYLG) is an ETF from Global X by mirae Asset. Over the past year QQQ returned +22.47% while XYLG returned +18.12%. Year to date, QQQ is up 19.30% versus a gain of 12.61% for XYLG.
Over three years, QQQ compounded at +26.18% per year against +17.83% for XYLG; over five years the annualized figures are +15.42% and +10.44% respectively. Across the full 6-year window we track, QQQ has the edge at +18.64% annualized vs +13.12%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 11.9% for XYLG. 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 -35.1% for QQQ and -21.3% for XYLG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XYLG charges 0.35%. On a $10,000 position that is $18 vs $35 annually, a gap of $17 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 12.87% for XYLG.
Holdings Overlap
88.1% of QQQ's money is in holdings XYLG also owns. 52.8% of XYLG's money is in holdings QQQ also owns.
Most of QQQ is already inside XYLG. Owning both mostly buys the same companies twice.
78 positions in common, counted across the 101 positions we hold weights for in QQQ and 490 in XYLG, against full books of 321 and 1,012.
What only one of them owns
Our book lists 406 positions for XYLG that do not appear in our book for QQQ (46.6% of the fund), and 14 for QQQ that do not appear in XYLG (8.2%).
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 QQQ | Weight in XYLG | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.33% | 8.04% | 0.29% |
| AAPLApple, Inc | 7.35% | 7.42% | 0.07% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.76% | 5.60% | 0.16% |
| AMZNAmazon.Com Inc | 4.07% | 3.82% | 0.25% |
| MUMicron Technology, Inc. | 5.02% | 1.67% | 3.35% |
| GOOGLAlphabet Inc-cl A | 3.05% | 3.02% | 0.03% |
| AMDAdvanced Micro Devices Inc. | 4.17% | 1.28% | 2.89% |
| METAMeta Platform Inc | 3.26% | 2.16% | 1.10% |
| GOOGAlphabet, Inc.- Cl C | 2.85% | 2.41% | 0.44% |
| AVGOBroadcom Inc | 2.53% | 2.60% | 0.07% |
88.1% of QQQ is already inside XYLG.
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, QQQ or XYLG?
QQQ has an expense ratio of 0.18% while XYLG charges 0.35%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, QQQ or XYLG?
Over the past year QQQ returned +22.47% vs +18.12% for XYLG, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +18.64% vs +13.12% for XYLG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XYLG?
QQQ has been the more volatile fund at 20.0% annualized versus 11.9% for XYLG. Worst drawdown: QQQ -35.1% vs XYLG -21.3%.
Should I hold both QQQ and XYLG?
QQQ and XYLG have a monthly-return correlation of 0.88, 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 QQQ and XYLG?
88.1% of QQQ's money is in holdings XYLG also owns. 52.8% of XYLG's is in holdings QQQ also owns. They hold 78 positions in common, counted across the 101 positions we hold weights for in QQQ and 490 in XYLG.
Which pays a higher dividend, QQQ or XYLG?
QQQ yields 0.42% while XYLG yields 12.87%, so XYLG currently pays the higher dividend yield.
Is XYLG better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. XYLG is less concentrated, with 38.3% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.