IYLD vs QQQ
IYLD vs QQQ
iShares Morningstar Multi-Asset Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. IYLD offers more diversification with 771 holdings.
Side-by-Side Comparison
| Metric | IYLD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.18% | |
| AUM | $125M | $455.8B | |
| Dividend Yield | 4.60% | 0.41% | |
| Holdings | 19,236 | 108 | |
| YTD Return | +3.37% | +18.34% | |
| 1Y Return | +9.67% | +28.94% | |
| 3Y Return (annualized) | +8.94% | +25.28% | |
| 5Y Return (annualized) | +2.59% | +15.22% | |
| Volatility (annualized) | 9.3% | 30.6% | |
| Max Drawdown | -30.2% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Apr 3, 2012 | Mar 10, 1999 |
IYLD vs QQQ Performance
iShares Morningstar Multi-Asset Income ETF (IYLD) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IYLD returned +9.67% while QQQ returned +28.94%. Year to date, IYLD is up 3.37% versus a gain of 18.34% for QQQ.
Over three years, IYLD compounded at +8.94% per year against +25.28% for QQQ; over five years the annualized figures are +2.59% and +15.22% respectively. Across the full 14-year window we track, QQQ has the edge at +13.12% annualized vs +3.99%. 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 9.3% for IYLD. 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 -30.2% for IYLD 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IYLD charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, IYLD currently yields 4.60% against 0.41% for QQQ.
Holdings Overlap
IYLD and QQQ share 0 holdings out of 874 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IYLD or QQQ?
IYLD has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IYLD or QQQ?
Over the past year IYLD returned +9.67% vs +28.94% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (14 years), IYLD annualized +3.99% vs +13.12% for QQQ. Past performance does not guarantee future results.
Which is riskier, IYLD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.3% for IYLD. Worst drawdown: IYLD -30.2% vs QQQ -83.0%.
Should I hold both IYLD and QQQ?
IYLD and QQQ have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IYLD and QQQ?
IYLD and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 874 unique securities.
Which pays a higher dividend, IYLD or QQQ?
IYLD yields 4.60% while QQQ yields 0.41%, so IYLD currently pays the higher dividend yield.
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