APLY vs QQQ
YieldMax AAPL Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, APLY or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. APLY led over 1Y, QQQ over 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | APLY | QQQ |
|---|---|---|
| Expense Ratio | 1.04% | 0.18%Best |
| AUM | $99M | $483.5B |
| Dividend Yield | 34.75% | 0.44% |
| Holdings | 12 | 107 |
| YTD Return | +11.96% | +17.21%Best |
| 1Y Return | +23.23%Best | +22.10% |
| 3Y Return (annualized) | +13.97% | +25.27%Best |
| 5Y Return (annualized) | - | +14.60% |
| Volatility (annualized) | 16.4%Best | 17.2% |
| Max Drawdown | -31.1% | -22.8%Best |
| $10,000 over 3.4 years | $15,289 | $22,812Best |
| Fund Family | YieldMax ETF | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Apr 17, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Apr 18, 2023 to Sep 17, 2026 (3.4 years).
APLY vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
APLY vs QQQ Performance
YieldMax AAPL Option Income Strategy ETF (APLY) is an ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year APLY returned +23.23% while QQQ returned +22.10%. Year to date, APLY is up 11.96% versus a gain of 17.21% for QQQ.
Over three years, APLY compounded at +13.97% per year against +25.27% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 16.4% for APLY. 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 -31.1% for APLY and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
APLY charges 1.04% per year while QQQ charges 0.18%. On a $10,000 position that is $104 vs $18 annually, a gap of $86 per year that compounds over a long holding period. On income, APLY currently yields 34.75% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in APLY and 102 in QQQ, totalling 24.1% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in APLY and 102 in QQQ, against full books of 12 and 107.
You are not choosing between two funds in isolation.
Whichever of APLY and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, APLY or QQQ?
APLY has an expense ratio of 1.04% while QQQ charges 0.18%. QQQ is the cheaper option, by $86 a year on a $10,000 investment.
Which performed better, APLY or QQQ?
Over the past year APLY returned +23.23% vs +22.10% for QQQ, so APLY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APLY or QQQ?
QQQ has been the more volatile fund at 17.2% annualized versus 16.4% for APLY. Worst drawdown: APLY -31.1% vs QQQ -22.8%.
Should I hold both APLY and QQQ?
APLY and QQQ have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, APLY or QQQ?
APLY yields 34.75% while QQQ yields 0.44%, so APLY currently pays the higher dividend yield.
Is QQQ better than APLY?
QQQ has a lower expense ratio. APLY led over 1Y, QQQ over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.