ABNY vs QQQ

ABNY vs QQQ
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Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricABNYQQQWinner
Expense Ratio1.06%0.18%
AUM$5M$496.3B
Dividend Yield49.40%0.44%
Holdings13108
YTD Return+2.55%+16.64%
1Y Return-0.80%+27.27%
3Y Return (annualized)-+25.96%
5Y Return (annualized)-+14.54%
Volatility (annualized)20.4%30.6%
Max Drawdown-31.6%-83.0%
Fund FamilyYieldMax ETFInvesco (US)
CategoryAlternativeEquity
InceptionJun 24, 2024Mar 10, 1999

ABNY vs QQQ Performance

YieldMax ABNB Option Income Strategy ETF (ABNY) is a ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ABNY returned -0.80% while QQQ returned +27.27%. Year to date, ABNY is up 2.55% versus a gain of 16.64% for QQQ.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 20.4% for ABNY. 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 -31.6% for ABNY and -83.0% for QQQ. 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 0.40. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ABNY charges 1.06% per year while QQQ charges 0.18%. On a $10,000 position that is $106 vs $18 annually, a gap of $88 per year that compounds over a long holding period. On income, ABNY currently yields 49.40% against 0.44% for QQQ.

Holdings Overlap

0.0%overlap

ABNY and QQQ share 0 holdings out of 106 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, ABNY or QQQ?

ABNY has an expense ratio of 1.06% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $88 per year of difference.

Which performed better, ABNY or QQQ?

Over the past year ABNY returned -0.80% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), ABNY annualized -5.79% vs +13.03% for QQQ. Past performance does not guarantee future results.

Which is riskier, ABNY or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 20.4% for ABNY. Worst drawdown: ABNY -31.6% vs QQQ -83.0%.

Should I hold both ABNY and QQQ?

ABNY and QQQ have a monthly-return correlation of 0.40, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ABNY and QQQ?

ABNY and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 106 unique securities.

Which pays a higher dividend, ABNY or QQQ?

ABNY yields 49.40% while QQQ yields 0.44%, so ABNY currently pays the higher dividend yield.

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