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ETF Comparison

QNDX vs VOO: Which Is the Better Pick in 2026?

A head-to-head comparison of State Street SPDR Portfolio Nasdaq 100 ETF and Vanguard S&P 500 ETF covering yield, cost, risk, and income potential.

Data updated August 10, 2026

Best for

  • QNDXInvestors who want a growth tilt and can accept bigger swings for higher upside.
  • VOOInvestors who want higher current income (1.10% while QNDX makes no distribution).

Jump to the side-by-side numbers

Side-by-side snapshot

Side-by-side snapshot. Each row is one metric; each column is one fund.
MetricQNDXVOO
Full nameState Street SPDR Portfolio Nasdaq 100 ETFVanguard S&P 500 ETF
IssuerState StreetVanguard
Last Close$24.49 as of August 10, 2026$710.71 as of August 10, 2026
Distribution yield—1.10%
Distribution Safety Score™ —100
Expense ratio0.10%0.03%
AUM$24.9M$1032B
Distribution frequencyQuarterlyQuarterly
Underlying indexNasdaq-100 IndexS&P 500 Index
ObjectiveTrack the Nasdaq-100 Index at a low expense ratio for core large-cap growth equity exposure.Track the performance of the S&P 500 Index, representing 500 of the largest U.S. companies.
Asset classEquityEquity
Inception date06/24/202609/07/2010
Beta—1.0
Last dividend—$1.9622
Ex-dividend date—06/26/2026

— Distribution yield, last dividend, and ex-dividend date are not yet available because QNDX launched June 2026; these fields will populate after the first distribution.

Bottom lineChoose QNDX if you want a growth tilt and can accept bigger swings for higher upside. Choose VOO if you want higher current income (1.10% while QNDX makes no distribution).

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Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

State Street
ETFs181
Total AUM$2127B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

State Street Global Advisors (SSGA) is one of the largest ETF providers globally, known for its flagship SPDR suite of exchange-traded products that serve both institutional and retail investors across a broad range of asset classes. Their 88-fund lineup spans diverse strategies including sector exposure (Select Sector SPDR), income generation (Income and Select Sector SPDR Premium Income families), commodities (including the widely-held GLD gold ETF), bonds, ESG-focused investments, and thematic allocations, with popular tickers like DIA (Diamonds Trust), FEZ (Eurozone exposure), and JNK (high-yield bonds) among their most recognized funds. The issuer is characterized by its comprehensive coverage across multiple market segments and its emphasis on both traditional index-based products and specialized strategies like covered call income funds and factor-based investing.

See our curated list of related YouTube videos on QNDX.

See all State Street ETFs
Vanguard
ETFs116
Total AUM$4657B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Vanguard is one of the largest and most established ETF issuers, known for low-cost, broadly diversified fund offerings built on passive indexing principles. Their lineup spans multiple asset classes and strategies, including core equity and bond index funds, dividend-focused portfolios, ESG-screened options, factor-based strategies, sector exposure, target-date retirement funds, and international investments across developed and emerging markets. The platform is characterized by its emphasis on accessibility and cost efficiency across a comprehensive range of fund families, serving both individual investors seeking broad market exposure and those pursuing specific income, sustainability, or thematic objectives.

See our curated list of related YouTube videos on VOO.

See all Vanguard ETFs

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

QNDX has lagged VOO over the year to date, posting a 1.56% total return against 13.79%. Figures are total returns: price change plus every distribution reinvested.

Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
SymbolYTDSince Jun 2026
QNDX1.56%1.56%
VOO13.79%5.48%

Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of August 10, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Jun 2026” measures every fund from June 24, 2026 — the youngest fund's first trading day — so all funds share one comparison window.

Quick verdict

QNDX (State Street SPDR Portfolio Nasdaq 100 ETF) and VOO (Vanguard S&P 500 ETF) are both quarterly-pay ETFs, but they take different approaches.

VOO currently shows a 1.10% distribution yield. QNDX has not yet established a full distribution history, so a comparable yield figure is not available.

VOO is cheaper with an expense ratio of 0.03% compared to 0.10%.

They track different benchmarks: QNDX is linked to Nasdaq-100 Index while VOO tracks S&P 500 Index, which means their performance drivers differ.

VOO has $1032B in assets vs $24.9M for QNDX, but QNDX only launched June 2026 — AUM comparisons will become more meaningful as it builds a track record.

Deep dive

Yield & income

On a $10,000 investment, QNDX has no reported distribution yield yet, so a monthly income estimate is not available, while VOO would produce $9.17/month, at current distribution rates. Both pay quarterly distributions.

QNDX yield—
VOO yield1.10%

Cost & efficiency

Over 10 years on $10,000, QNDX would cost approximately $100 in fees vs $30 for VOO (simplified, not compounded). The $70.00 difference may be offset by yield or performance.

QNDX ER0.10%
VOO ER0.03%

Strategy & risk

QNDX tracks Nasdaq-100 Index with a large cap approach, while VOO tracks S&P 500 Index with a large cap approach.

QNDX beta—
VOO beta1.0

Fund details

QNDX is managed by State Street (launched 06/24/2026) with $24.9M in assets. VOO is managed by Vanguard (launched 09/07/2010) with $1032B in assets.

QNDX AUM$24.9M
VOO AUM$1032B
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Frequently asked questions

Which of QNDX or VOO pays more dividend income?

VOO currently reports a distribution yield, while QNDX has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.

What is the difference between QNDX and VOO?

QNDX (State Street SPDR Portfolio Nasdaq 100 ETF) tracks Nasdaq-100 Index with a large cap approach, while VOO (Vanguard S&P 500 ETF) tracks S&P 500 Index with a large cap approach. They are issued by State Street and Vanguard respectively.

Can I hold both QNDX and VOO?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, QNDX or VOO?

QNDX has an expense ratio of 0.10% while VOO charges 0.03%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in QNDX vs VOO generate?

At current rates, QNDX has not established a distribution history yet, so a monthly income estimate is not available. The same in VOO would produce about $9.17 per month ($110.00 annually).

Which has performed better historically, QNDX or VOO?

QNDX has lagged VOO over the year to date, posting a 1.56% total return against 13.79%. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

More comparisons to explore

QNDX vs VOO — at a glance

Generated August 8, 2026 from current fund data.

Overview

QNDX and VOO are both broad-market U.S. equity ETFs tracking well-known indexes, but they serve fundamentally different exposures. QNDX tracks the Nasdaq-100 Index, which is concentrated in the largest 100 non-financial stocks—predominantly technology and growth companies. VOO tracks the S&P 500 Index, which covers 500 of the largest U.S. companies across all sectors in a more balanced weighting. The choice between them hinges on whether you want aggressive growth-stock concentration or diversified large-cap exposure.

How they differ

The most significant difference is composition: QNDX is a growth-heavy portfolio tilted heavily toward technology, while VOO is a broad-market index that includes financials, healthcare, industrials, and other sectors alongside tech. QNDX's much smaller asset base ($24.9M versus VOO's $1032B) means it trades with lower liquidity and higher relative bid-ask spreads, which can increase transaction costs for larger positions. VOO charges 0.03% in expenses against QNDX's 0.10%—a five-fold difference—and VOO's 1.10% distribution rate exceeds QNDX's quarterly distribution pattern by a measurable margin. VOO's decade-plus track record since inception (September 2010) contrasts with QNDX's recent 2026 inception, and VOO's beta of 1.0 anchors it to broad-market movement whereas QNDX's growth tilt likely produces higher volatility in up and down markets.

Who each is best for

QNDX: Fits investors building a core large-cap growth holding who are comfortable with concentrated exposure to technology and want index-tracking simplicity within the Nasdaq-100 universe.

VOO: Designed for investors seeking core U.S. equity exposure with broad sector diversification and minimal trading friction; the large asset base and tight spreads suit any account size.

Key risks to know

  • Sector concentration in QNDX: The Nasdaq-100's heavy weighting toward technology, consumer discretionary, and communication services means performance is materially tied to these sectors' valuations. A sustained tech downturn affects QNDX far more than VOO's balanced sector mix.
  • Liquidity disadvantage for QNDX: With $24.9M in assets, QNDX trades substantially less volume than VOO ($1032B). Wider spreads and lower depth can make large redemptions costly and signal minimal adoption by institutional investors.
  • Growth-versus-blend valuation risk: QNDX's concentration in higher-valuation growth names makes it more sensitive to interest-rate shocks and duration risk than VOO's blend approach. Rising rates typically pressure growth stocks harder.
  • QNDX's short track record: The fund's June 2026 inception means there is no historical performance through varied market cycles to assess how it behaves in downturns or sector rotations.

Bottom line

VOO offers proven broad-market exposure with lower costs, wider liquidity, and a more balanced sector footprint—attributes that have made it one of the largest equity ETFs globally. QNDX delivers pure Nasdaq-100 tracking at a modest cost, but its thin asset base, higher expense ratio, and recent inception limit its appeal for most investors building a core holding. If you want diversified U.S. large-cap exposure with minimal friction, VOO's economics and liquidity are hard to match; if you're specifically building a Nasdaq-100 tactical position and understand the growth tilt, QNDX offers direct index tracking. Past performance does not guarantee future results.

AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.

Learn the method

The metrics behind this comparison, explained in the Academy.

Dividend growth vs. high yield Yield on cost, explained How expense ratios eat returns

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