BAGY vs QQQ
Amplify Bitcoin Max Income Covered Call ETF vs Invesco QQQ Trust, Series 1
Which is better, BAGY or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | BAGY | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $11M | $483.5B |
| Dividend Yield | 52.91% | 0.44% |
| Holdings | 16 | 107 |
| YTD Return | -30.48% | +16.87%Best |
| 1Y Return | -47.86% | +22.98%Best |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 37.2% | 19.7%Best |
| Max Drawdown | -54.5% | -12.0%Best |
| $10,000 over 1.4 years | $6,419 | $15,266Best |
| Fund Family | Amplify ETFs | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Apr 29, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Apr 29, 2025 to Sep 11, 2026 (1.4 years).
BAGY 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 1.4 years both funds cover.
BAGY vs QQQ Performance
Amplify Bitcoin Max Income Covered Call ETF (BAGY) is an ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BAGY returned -47.86% while QQQ returned +22.98%. Year to date, BAGY is down 30.48% versus a gain of 16.87% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAGY has been the more volatile fund, with annualized monthly volatility of 37.2% compared with 19.7% 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 -54.5% for BAGY and -12.0% 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 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BAGY charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, BAGY currently yields 52.91% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in BAGY and 102 in QQQ, totalling 46.2% 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 1 positions we hold weights for in BAGY and 102 in QQQ, against full books of 16 and 107.
You are not choosing between two funds in isolation.
Whichever of BAGY 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, BAGY or QQQ?
BAGY has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, BAGY or QQQ?
Over the past year BAGY returned -47.86% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), BAGY annualized -27.14% vs +35.28% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAGY or QQQ?
BAGY has been the more volatile fund at 37.2% annualized versus 19.7% for QQQ. Worst drawdown: BAGY -54.5% vs QQQ -12.0%.
Should I hold both BAGY and QQQ?
BAGY and QQQ have a monthly-return correlation of 0.35, 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, BAGY or QQQ?
BAGY yields 52.91% while QQQ yields 0.44%, so BAGY currently pays the higher dividend yield.
Is QQQ better than BAGY?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.