QQQX vs VOO
QQQX vs VOO
Nuveen NASDAQ 100 Dynamic Overwrite Fund vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. QQQX delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | QQQX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.92% | 0.03% | |
| AUM | $173M | $979.0B | |
| Dividend Yield | 7.87% | 1.09% | |
| Holdings | 284 | 509 | |
| YTD Return | +12.29% | +13.80% | |
| 1Y Return | +24.33% | +23.71% | |
| 3Y Return (annualized) | +17.54% | +21.50% | |
| 5Y Return (annualized) | +8.94% | +13.44% | |
| Volatility (annualized) | 20.2% | 14.1% | |
| Max Drawdown | -63.4% | -34.3% | |
| Fund Family | Nuveen | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 30, 2007 | Sep 7, 2010 |
QQQX vs VOO Performance
Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) is a ETF from Nuveen and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QQQX returned +24.33% while VOO returned +23.71%. Year to date, QQQX is up 12.29% versus a gain of 13.80% for VOO.
Over three years, QQQX compounded at +17.54% per year against +21.50% for VOO; over five years the annualized figures are +8.94% and +13.44% respectively. Across the full 16-year window we track, VOO has the edge at +13.58% annualized vs +4.42%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQX has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 14.1% for VOO. 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 -63.4% for QQQX and -34.3% for VOO. 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQX charges 0.92% per year while VOO charges 0.03%. On a $10,000 position that is $92 vs $3 annually, a gap of $89 per year that compounds over a long holding period. On income, QQQX currently yields 7.87% against 1.09% for VOO.
Holdings Overlap
QQQX and VOO share 115 holdings out of 651 unique holdings combined, representing a 45.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQX | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 10.24% | 7.51% | 2.73% |
| AAPL | 8.83% | 6.59% | 2.24% |
| MSFT | 7.86% | 4.30% | 3.56% |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| AMAT | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
See all 10 holdings QQQX shares with VOO 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, QQQX or VOO?
QQQX has an expense ratio of 0.92% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $89 per year of difference.
Which performed better, QQQX or VOO?
Over the past year QQQX returned +24.33% vs +23.71% for VOO, so QQQX leads on 1-year performance. Over the longest common window we track (16 years), QQQX annualized +4.42% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, QQQX or VOO?
QQQX has been the more volatile fund at 20.2% annualized versus 14.1% for VOO. Worst drawdown: QQQX -63.4% vs VOO -34.3%.
Should I hold both QQQX and VOO?
QQQX and VOO have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQX and VOO?
QQQX and VOO share 115 common holdings with a 45.7% weight overlap. Combined, they hold 651 unique securities.
Which pays a higher dividend, QQQX or VOO?
QQQX yields 7.87% while VOO yields 1.09%, so QQQX currently pays the higher dividend yield.
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