CHPY vs QQQ
YieldMax Semiconductor Portfolio Option Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. CHPY delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | CHPY | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.03% | 0.18% | |
| AUM | $1.1B | $455.8B | |
| Dividend Yield | 29.14% | 0.41% | |
| Holdings | 104 | 108 | |
| YTD Return | +58.65% | +18.20% | |
| 1Y Return | +102.62% | +27.63% | |
| 3Y Return (annualized) | - | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 38.6% | 30.6% | |
| Max Drawdown | -27.6% | -83.0% | |
| Fund Family | YieldMax ETF | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 2, 2025 | Mar 10, 1999 |
CHPY vs QQQ Performance
YieldMax Semiconductor Portfolio Option Income ETF (CHPY) is a ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CHPY returned +102.62% while QQQ returned +27.63%. Year to date, CHPY is up 58.65% versus a gain of 18.20% for QQQ.
Risk: Volatility and Drawdowns
CHPY has been the more volatile fund, with annualized monthly volatility of 38.6% 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 -27.6% for CHPY 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CHPY charges 1.03% per year while QQQ charges 0.18%. On a $10,000 position that is $103 vs $18 annually, a gap of $85 per year that compounds over a long holding period. On income, CHPY currently yields 29.14% against 0.41% for QQQ.
Holdings Overlap
CHPY and QQQ share 20 holdings out of 112 unique holdings combined, representing a 30.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CHPY or QQQ?
CHPY has an expense ratio of 1.03% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, CHPY or QQQ?
Over the past year CHPY returned +102.62% vs +27.63% for QQQ, so CHPY leads on 1-year performance. Over the longest common window we track (1 years), CHPY annualized +108.25% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, CHPY or QQQ?
CHPY has been the more volatile fund at 38.6% annualized versus 30.6% for QQQ. Worst drawdown: CHPY -27.6% vs QQQ -83.0%.
Should I hold both CHPY and QQQ?
CHPY and QQQ have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CHPY and QQQ?
CHPY and QQQ share 20 common holdings with a 30.7% weight overlap. Combined, they hold 112 unique securities.
Which pays a higher dividend, CHPY or QQQ?
CHPY yields 29.14% while QQQ yields 0.41%, so CHPY currently pays the higher dividend yield.
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