IGD vs QQQ
IGD vs QQQ
Voya Global Equity Dividend and Premium Opportunity Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. IGD offers more diversification with 237 holdings.
Side-by-Side Comparison
| Metric | IGD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.18% | |
| AUM | $479M | $455.8B | |
| Dividend Yield | 9.58% | 0.41% | |
| Holdings | 516 | 108 | |
| YTD Return | +21.01% | +18.20% | |
| 1Y Return | +24.11% | +27.63% | |
| 3Y Return (annualized) | +20.46% | +25.54% | |
| 5Y Return (annualized) | +11.76% | +15.12% | |
| Volatility (annualized) | 17.2% | 30.6% | |
| Max Drawdown | -82.5% | -83.0% | |
| Fund Family | Voya Investment Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 28, 2005 | Mar 10, 1999 |
IGD vs QQQ Performance
Voya Global Equity Dividend and Premium Opportunity Fund (IGD) is a ETF from Voya Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IGD returned +24.11% while QQQ returned +27.63%. Year to date, IGD is up 21.01% versus a gain of 18.20% for QQQ.
Over three years, IGD compounded at +20.46% per year against +25.54% for QQQ; over five years the annualized figures are +11.76% and +15.12% respectively. Across the full 21-year window we track, QQQ has the edge at +13.11% annualized vs -2.76%. 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 17.2% for IGD. 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 -82.5% for IGD 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
IGD charges 0.96% per year while QQQ charges 0.18%. On a $10,000 position that is $96 vs $18 annually, a gap of $78 per year that compounds over a long holding period. On income, IGD currently yields 9.58% against 0.41% for QQQ.
Holdings Overlap
IGD 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 IGD | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 0.09% | 7.88% | 7.79% |
| GOOGL | 3.13% | 3.29% | 0.16% |
| 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 IGD 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, IGD or QQQ?
IGD has an expense ratio of 0.96% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $78 per year of difference.
Which performed better, IGD or QQQ?
Over the past year IGD returned +24.11% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (21 years), IGD annualized -2.76% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, IGD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.2% for IGD. Worst drawdown: IGD -82.5% vs QQQ -83.0%.
Should I hold both IGD and QQQ?
IGD 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 IGD and QQQ?
IGD and QQQ share 17 common holdings with a 10.9% weight overlap. Combined, they hold 323 unique securities.
Which pays a higher dividend, IGD or QQQ?
IGD yields 9.58% while QQQ yields 0.41%, so IGD currently pays the higher dividend yield.
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