AIYY vs QQQ
YieldMax AI Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AIYY | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.67% | 0.18% | |
| AUM | $27M | $496.3B | |
| Dividend Yield | 135.84% | 0.44% | |
| Holdings | 10 | 108 | |
| YTD Return | -33.53% | +16.64% | |
| 1Y Return | -44.48% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 41.1% | 30.6% | |
| Max Drawdown | -80.3% | -83.0% | |
| Fund Family | YieldMax ETF | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 27, 2023 | Mar 10, 1999 |
AIYY vs QQQ Performance
YieldMax AI Option Income Strategy ETF (AIYY) is a ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AIYY returned -44.48% while QQQ returned +27.27%. Year to date, AIYY is down 33.53% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
AIYY has been the more volatile fund, with annualized monthly volatility of 41.1% compared with 30.6% for QQQ. 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 -80.3% for AIYY 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AIYY charges 1.67% per year while QQQ charges 0.18%. On a $10,000 position that is $167 vs $18 annually, a gap of $149 per year that compounds over a long holding period. On income, AIYY currently yields 135.84% against 0.44% for QQQ.
Holdings Overlap
AIYY and QQQ share 0 holdings out of 103 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, AIYY or QQQ?
AIYY has an expense ratio of 1.67% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $149 per year of difference.
Which performed better, AIYY or QQQ?
Over the past year AIYY returned -44.48% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), AIYY annualized -41.44% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, AIYY or QQQ?
AIYY has been the more volatile fund at 41.1% annualized versus 30.6% for QQQ. Worst drawdown: AIYY -80.3% vs QQQ -83.0%.
Should I hold both AIYY and QQQ?
AIYY and QQQ have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AIYY and QQQ?
AIYY and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, AIYY or QQQ?
AIYY yields 135.84% while QQQ yields 0.44%, so AIYY currently pays the higher dividend yield.
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