IGA vs QQQ
IGA vs QQQ
Voya Global Advantage and Premium Opportunity Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. IGA offers more diversification with 237 holdings.
Side-by-Side Comparison
| Metric | IGA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.18% | |
| AUM | $157M | $455.8B | |
| Dividend Yield | 9.62% | 0.41% | |
| Holdings | 516 | 108 | |
| YTD Return | +9.65% | +17.27% | |
| 1Y Return | +16.41% | +28.64% | |
| 3Y Return (annualized) | +18.12% | +24.88% | |
| 5Y Return (annualized) | +10.73% | +14.86% | |
| Volatility (annualized) | 16.0% | 30.6% | |
| Max Drawdown | -72.2% | -83.0% | |
| Fund Family | Voya Investment Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 26, 2005 | Mar 10, 1999 |
IGA vs QQQ Performance
Voya Global Advantage and Premium Opportunity Fund (IGA) is a ETF from Voya Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IGA returned +16.41% while QQQ returned +28.64%. Year to date, IGA is up 9.65% versus a gain of 17.27% for QQQ.
Over three years, IGA compounded at +18.12% per year against +24.88% for QQQ; over five years the annualized figures are +10.73% and +14.86% respectively. Across the full 21-year window we track, QQQ has the edge at +13.08% annualized vs -0.74%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 16.0% for IGA. 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 -72.2% for IGA and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGA charges 0.97% per year while QQQ charges 0.18%. On a $10,000 position that is $97 vs $18 annually, a gap of $79 per year that compounds over a long holding period. On income, IGA currently yields 9.62% against 0.41% for QQQ.
Holdings Overlap
IGA and QQQ share 17 holdings out of 323 unique holdings combined, representing a 10.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IGA | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 0.09% | 7.88% | 7.79% |
| GOOGL | 3.14% | 3.29% | 0.15% |
| MSFT | 0.41% | 4.65% | 4.24% |
| META | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| GILD | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
| CTAS | Pro | Pro | Pro |
| INTU | Pro | Pro | Pro |
See all 10 holdings IGA shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IGA or QQQ?
IGA has an expense ratio of 0.97% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $79 per year of difference.
Which performed better, IGA or QQQ?
Over the past year IGA returned +16.41% vs +28.64% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (21 years), IGA annualized -0.74% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, IGA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 16.0% for IGA. Worst drawdown: IGA -72.2% vs QQQ -83.0%.
Should I hold both IGA and QQQ?
IGA and QQQ have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IGA and QQQ?
IGA and QQQ share 17 common holdings with a 10.9% weight overlap. Combined, they hold 323 unique securities.
Which pays a higher dividend, IGA or QQQ?
IGA yields 9.62% while QQQ yields 0.41%, so IGA currently pays the higher dividend yield.
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