Screener
IQQQ vs IWL
ProShares Nasdaq-100 High Income ETF vs iShares Russell Top 200 ETF
Key differences
IQQQ is an alternative ETF, while IWL is an equity ETF. IQQQ charges 0.55% a year and IWL 0.15%.
- IQQQ is an alternative fund, while IWL is an equity fund. They carry different risk/return profiles.
- IQQQ follows a option income strategy; IWL uses index tracking.
- IWL costs 0.40% less per year.
- IWL is much larger than IQQQ. Larger funds are usually more liquid and less likely to close.
- IWL has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| IQQQ | IWL | |
|---|---|---|
| Annual cost (TER) | 0.55% | 0.15% |
| Fund size (AUM) | $430M | $2.2B |
| Since | 2024 | 2009 |
| Dividend yield | 4.74% | 0.82% |
| Asset class | alternative | equity |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +31.3% | +25.4% |
| CAGR 3Y | N/A | +23.4% |
| CAGR 5Y | N/A | +14.2% |
| Sharpe 3Y | N/A | 1.22 |
| Volatility 1Y | 16.14% | 12.52% |
| Max drawdown | -20.41% | -32.71% |
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