QQQ vs TYLG
QQQ vs TYLG
Invesco QQQ Trust, Series 1 vs Global X Information Technology Covered Call & Growth ETF
Quick Verdict
QQQ has a lower expense ratio. TYLG delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | TYLG | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.60% | |
| AUM | $455.8B | $14M | |
| Dividend Yield | 0.41% | 7.86% | |
| Holdings | 108 | 77 | |
| YTD Return | +18.34% | +21.48% | |
| 1Y Return | +28.94% | +34.55% | |
| 3Y Return (annualized) | +25.28% | +22.84% | |
| 5Y Return (annualized) | +15.22% | - | |
| Volatility (annualized) | 30.6% | 15.8% | |
| Max Drawdown | -83.0% | -24.5% | |
| Fund Family | Invesco (US) | Global X by mirae Asset | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Nov 21, 2022 |
QQQ vs TYLG Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Global X Information Technology Covered Call & Growth ETF (TYLG) is a ETF from Global X by mirae Asset. Over the past year QQQ returned +28.94% while TYLG returned +34.55%. Year to date, QQQ is up 18.34% versus a gain of 21.48% for TYLG.
Over three years, QQQ compounded at +25.28% per year against +22.84% for TYLG. Across the full 4-year window we track, TYLG has the edge at +25.55% 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 30.6% compared with 15.8% for TYLG. 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 -83.0% for QQQ and -24.5% for TYLG. 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while TYLG charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 7.86% for TYLG.
Holdings Overlap
QQQ and TYLG share 33 holdings out of 129 unique holdings combined, representing a 8.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in TYLG | Difference |
|---|---|---|---|
| WDC | 0.85% | 53.65% | 52.80% |
| NVDA | 7.88% | 0.07% | 7.81% |
| STX | 0.85% | 6.93% | 6.08% |
| AAPL | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| MSFT | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
| ADI | Pro | Pro | Pro |
| CRWD | Pro | Pro | Pro |
See all 10 holdings QQQ shares with TYLG 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, QQQ or TYLG?
QQQ has an expense ratio of 0.18% while TYLG charges 0.60%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, QQQ or TYLG?
Over the past year QQQ returned +28.94% vs +34.55% for TYLG, so TYLG leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.12% vs +25.55% for TYLG. Past performance does not guarantee future results.
Which is riskier, QQQ or TYLG?
QQQ has been the more volatile fund at 30.6% annualized versus 15.8% for TYLG. Worst drawdown: QQQ -83.0% vs TYLG -24.5%.
Should I hold both QQQ and TYLG?
QQQ and TYLG have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQQ and TYLG?
QQQ and TYLG share 33 common holdings with a 8.9% weight overlap. Combined, they hold 129 unique securities.
Which pays a higher dividend, QQQ or TYLG?
QQQ yields 0.41% while TYLG yields 7.86%, so TYLG currently pays the higher dividend yield.
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