QTOC vs QYLD
Innovator Growth Accelerated Plus ETF - October vs Global X NASDAQ 100 Covered Call ETF
Which is better, QTOC or QYLD?
Each has led over a different period.
QYLD has a lower expense ratio. QTOC led over 3Y, 5Y and the full window, QYLD over 1Y.
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 | QTOC | QYLD |
|---|---|---|
| Expense Ratio | 0.79% | 0.60%Best |
| AUM | $18M | $8.5B |
| Dividend Yield | 0.00% | 11.49% |
| Holdings | 15 | 209 |
| YTD Return | +14.65% | +15.47%Best |
| 1Y Return | +18.47% | +23.04%Best |
| 3Y Return (annualized) | +18.31%Best | +15.90% |
| 5Y Return (annualized) | +9.42%Best | +8.90% |
| Volatility (annualized) | 16.4% | 11.6%Best |
| Max Drawdown | -33.4% | -24.6%Best |
| $10,000 over 5 years | $15,685Best | $15,316 |
| Fund Family | Innovator ETFs Trust | Global X by mirae Asset |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 1, 2021 | Dec 11, 2013 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2021 to Oct 14, 2026 (5 years).
QTOC vs QYLD 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 5 years both funds cover.
QTOC vs QYLD Performance
Innovator Growth Accelerated Plus ETF - October (QTOC) is an ETF from Innovator ETFs Trust and Global X NASDAQ 100 Covered Call ETF (QYLD) is an ETF from Global X by mirae Asset. Over the past year QTOC returned +18.47% while QYLD returned +23.04%. Year to date, QTOC is up 14.65% versus a gain of 15.47% for QYLD.
Over three years, QTOC compounded at +18.31% per year against +15.90% for QYLD; over five years the annualized figures are +9.42% and +8.90% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTOC has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 11.6% for QYLD. 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 -33.4% for QTOC and -24.6% for QYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QTOC charges 0.79% per year while QYLD charges 0.60%. On a $10,000 position that is $79 vs $60 annually, a gap of $19 per year that compounds over a long holding period. On income, QTOC currently yields 0.00% against 11.49% for QYLD.
You are not choosing between two funds in isolation.
Whichever of QTOC and QYLD 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, QTOC or QYLD?
QTOC has an expense ratio of 0.79% while QYLD charges 0.60%. QYLD is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, QTOC or QYLD?
Over the past year QTOC returned +18.47% vs +23.04% for QYLD, so QYLD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QTOC or QYLD?
QTOC has been the more volatile fund at 16.4% annualized versus 11.6% for QYLD. Worst drawdown: QTOC -33.4% vs QYLD -24.6%.
Should I hold both QTOC and QYLD?
QTOC and QYLD have a monthly-return correlation of 0.83, 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, QTOC or QYLD?
QTOC yields 0.00% while QYLD yields 11.49%, so QYLD currently pays the higher dividend yield.
Is QYLD better than QTOC?
QYLD has a lower expense ratio. QTOC led over 3Y, 5Y and the full window, QYLD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.