Data as of Oct 28, 2026.
IVV vs QYLD: Differences, Returns & Fees
Over the year to Oct 28, 2026, IVV returned +13.7% to QYLD's +19.3%, and IVV charges 0.03% to QYLD's 0.60%.
askIQ about this page
askIQ about IVV and QYLD
Net assets: $885.1bn on Oct 27, 2026 for iShares Core S&P 500 ETF, and $8.5bn on Oct 12, 2026 for Global X NASDAQ 100 Covered Call ETF.
Pair scorecard
IVV costs 0.57 points a year less; their one-year returns differ by 5.6 points; IVV is far larger, $896.3bn against $8.5bn.
| Measure | IVV | QYLD |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.7% | +19.3% |
| Price change, 1 year | rose 12.4% | rose 5.8% |
| Latest payout, annualized | 11.9% | |
| Return of capital, issuer estimate | 99% of the Sep 24, 2026 payment | |
| Against its benchmark | ||
| What it tracks | S&P 500 | Benchmark: Nasdaq-100, measured through QQQ |
| Against its benchmark, same days | ahead by 4.1 pts | |
| Cost and size | ||
| Expense ratio | 0.03% | 0.60% |
| Net assets, as of Oct 12, 2026 | $896.3bn | $8.5bn |
| Holdings | ||
| Holdings in common | 52% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 38.1% | |
Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method
Risk and return
Dec 20, 2013 to Oct 23, 2026 · 670 weekly returnsEach against its own benchmark: IVV against SPY, May 26, 2000 to Oct 23, 2026; QYLD against QQQ, Dec 20, 2013 to Oct 23, 2026.
IVV returned more: +421.5% to +192.9%. QYLD swung less: 12.3% to 16.2%. QYLD fell less at its worst: −24.5% to −31.8%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | IVV | QYLD | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +421.5% | +192.9% | IVV | Price change plus distributions, reinvested. |
| Annualized | +13.7% | +8.7% | IVV | Total return as a yearly rate. |
| Price return | +315.9% | −28.7% | IVV | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 16.2% | 12.3% | QYLD | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 11.3% | 9.2% | QYLD | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −31.8% | −24.5% | QYLD | Deepest fall from a high to the low after it. |
| Upside capture | 99.3% | 37.8% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 99.7% | 64.8% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.99 | 0.55 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 1.00 | 0.77 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.75 | 0.58 | IVV | Return above Treasury bills per unit of volatility. |
| Sortino | 1.08 | 0.77 | IVV | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.081 | 0.129 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.43 | 0.35 | IVV | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | SPY | QQQ | The ETF each fund is measured against. | |
| Alpha | +0.1% a year | −2.3% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.33 | −1.36 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −0.4% to +0.5% | −5.5% to +1.0% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.00 | −0.94 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 1.2% | 10.6% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 670 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IVV and QYLD hold 52% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.
half
52% in common
Only in one fund ↓
Side by side
IVV and QYLD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
IVV and QYLD do different jobs. What does each one do in a portfolio?
- What each follows. IVV follows S&P 500 and QYLD is measured against Nasdaq-100 through QQQ.
- One-year total return. Over 1 year to Oct 28, 2026 IVV returned +13.7% and QYLD +19.3% with distributions reinvested, a gap of 5.6 points.
- Cost. IVV charges 0.03% of assets a year and QYLD 0.60%, a gap of 0.57 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
IVV
IVV tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.6% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.
QYLD
Over the year to Oct 28, 2026, QYLD paid 12.3% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +19.3%. Nasdaq-100 (QQQ) returned +15.2% over the same days, so a holder was ahead by 4.1 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 11.9%, paid monthly. Global X estimates that 99% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
- Are IVV and QYLD in the same category?
- IVV is a stock ETF and QYLD is an option-income ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, IVV or QYLD?
- In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and QYLD +19.3%.
- Which is cheaper, IVV or QYLD?
- IVV is cheaper, by 0.57 percentage points a year. That is about $57 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, IVV against QYLD, data as of Oct 28, 2026. https://etfiq.com/compare/any/ivv-vs-qyld
ETFIQ. (Oct 28, 2026). IVV against QYLD. Retrieved from https://etfiq.com/compare/any/ivv-vs-qyld
[IVV against QYLD (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ivv-vs-qyld)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.