TYLG vs. VOO

Last updated Jun 24, 2026

TYLG (Global X Information Technology Covered Call & Growth ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - TYLG is a Derivative Income fund tracking the Cboe S&P Technology Select Sector Half BuyWrite Index - Benchmark TR Gross, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, TYLG returned 23.38%/yr vs 20.78%/yr for VOO. Their correlation of 0.88 suggests significant overlap in exposure. TYLG charges 0.60%/yr vs 0.03%/yr for VOO.

Performance

TYLG vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Information Technology Covered Call & Growth ETF (TYLG) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TYLG achieves a 19.63% return, which is significantly higher than VOO's 8.19% return.

TYLG

• 1D: -3.05%
• 1M: 2.03%
• YTD: 19.63%
• 6M: 18.92%
• 1Y: 39.76%
• 3Y*: 23.38%
• 5Y*: —
• 10Y*: —

VOO

• 1D: -1.42%
• 1M: -1.34%
• YTD: 8.19%
• 6M: 7.24%
• 1Y: 23.69%
• 3Y*: 20.78%
• 5Y*: 13.13%
• 10Y*: 15.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TYLG vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TYLG Global X Information Technology Covered Call & Growth ETF	19.63%	16.84%	20.57%	41.56%	-1.78%
VOO Vanguard S&P 500 ETF	8.19%	17.82%	24.98%	26.32%	-2.67%

Correlation

The correlation between TYLG and VOO is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (All Time) Calculated using the full available price history since Nov 22, 2022	0.88

The correlation between TYLG and VOO has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.

TYLG vs. VOO - Sectors Allocation Comparison

Sectors	TYLG	VOO
Financial Services	54.2%	10.9%
Technology	47.6%	39.1%
Energy	0.1%	3.2%
Industrials	0.0%	7.6%
Basic Materials	-	1.7%
Communication Services	-	10.5%
Consumer Cyclical	-	9.8%
Consumer Defensive	-	4.5%
Healthcare	-	8.3%
Real Estate	-	1.8%
Utilities	-	2.5%

Return for Risk

TYLG vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TYLG

TYLG Risk / Return Rank: 78
TYLG Sharpe Ratio Rank: 79
TYLG Sortino Ratio Rank: 71
TYLG Omega Ratio Rank: 75
TYLG Calmar Ratio Rank: 81
TYLG Martin Ratio Rank: 81

VOO

VOO Risk / Return Rank: 59
VOO Sharpe Ratio Rank: 59
VOO Sortino Ratio Rank: 56
VOO Omega Ratio Rank: 58
VOO Calmar Ratio Rank: 56
VOO Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TYLG vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Information Technology Covered Call & Growth ETF (TYLG) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TYLG	VOO	Difference
Sharpe ratio: Return per unit of total volatility	2.34	1.91	+0.42
Sortino ratio: Return per unit of downside risk	2.98	2.60	+0.38
Omega ratio: Gain probability vs. loss probability	1.41	1.35	+0.06
Calmar ratio: Return relative to maximum drawdown	3.96	2.67	+1.29
Martin ratio: Return relative to average drawdown	14.95	11.96	+2.99

TYLG vs. VOO - Sharpe Ratio Comparison

The current TYLG Sharpe Ratio is 2.34, which is comparable to the VOO Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of TYLG and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TYLG vs. VOO - Drawdown Comparison

The maximum TYLG drawdown since its inception was -24.01%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TYLG and VOO.

Drawdown Indicators

	TYLG	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-24.01%	-33.99%	+9.98%
Max Drawdown (1Y) Largest decline over 1 year	-10.09%	-8.90%	-1.19%
Max Drawdown (3Y) Largest decline over 3 years	-24.01%	-18.69%	-5.32%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-3.96%	-3.14%	-0.82%
Average Drawdown Average peak-to-trough decline	-2.74%	-3.68%	+0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	1.99%	+0.68%

Volatility

TYLG vs. VOO - Volatility Comparison

Global X Information Technology Covered Call & Growth ETF (TYLG) has a higher volatility of 8.24% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. This indicates that TYLG's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TYLG	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.24%	4.83%	+3.41%
Volatility (6M) Calculated over the trailing 6-month period	14.54%	9.82%	+4.72%
Volatility (1Y) Calculated over the trailing 1-year period	17.11%	12.46%	+4.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.44%	16.91%	+2.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.44%	18.02%	+1.42%

TYLG vs. VOO - Expense Ratio Comparison

TYLG has a 0.60% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

TYLG vs. VOO - Dividend Comparison

TYLG's dividend yield for the trailing twelve months is around 8.11%, more than VOO's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TYLG Global X Information Technology Covered Call & Growth ETF	8.11%	7.66%	7.24%	11.89%	0.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both TYLG and VOO in my portfolio?

TYLG and VOO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TYLG or VOO?

TYLG has higher volatility (8.24%) compared to VOO (4.83%). In terms of maximum drawdown, TYLG dropped -24.01% vs VOO's -33.99%.

Which ETF is better, TYLG or VOO?

On 3-year performance, TYLG leads with 23.38% vs 20.78% for VOO. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 4.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TYLG or VOO?

Over the 3-year period, TYLG has performed better with a 23.38% return vs 20.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TYLG or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.60% for TYLG.

Which ETF pays a higher dividend yield, TYLG or VOO?

TYLG has the higher dividend yield at 8.11%, compared with 1.05% for VOO.

What is the main difference between TYLG and VOO?

TYLG is categorized as Derivative Income, while VOO is S&P 500. TYLG tracks Cboe S&P Technology Select Sector Half BuyWrite Index - Benchmark TR Gross, while VOO tracks S&P 500 Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.60% for TYLG and 0.03% for VOO.

Which has better risk-adjusted returns?

TYLG currently has the higher Sharpe Ratio (2.34 vs 1.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.