DIPS vs QQQ
YieldMax Short NVDA Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, DIPS or QQQ?
Opposite sides of the same exposure.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two move opposite each other, correlation -0.64, so holding both offsets the exposure while paying both fees.
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 | DIPS | QQQ |
|---|---|---|
| Expense Ratio | 1.05% | 0.18%Best |
| AUM | $7M | $483.5B |
| Dividend Yield | 70.67% | 0.44% |
| Holdings | 15 | 107 |
| YTD Return | -13.56% | +17.21%Best |
| 1Y Return | -17.46% | +22.10%Best |
| 3Y Return (annualized) | - | +25.27% |
| 5Y Return (annualized) | - | +14.60% |
| Volatility (annualized) | 25.7% | 17.8%Best |
| Max Drawdown | -59.9% | -22.8%Best |
| $10,000 over 2.1 years | $4,607 | $15,474Best |
| Fund Family | YieldMax ETF | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Jul 23, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Jul 24, 2024 to Sep 17, 2026 (2.1 years).
DIPS 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 2.1 years both funds cover.
DIPS vs QQQ Performance
YieldMax Short NVDA Option Income Strategy ETF (DIPS) is an ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DIPS returned -17.46% while QQQ returned +22.10%. Year to date, DIPS is down 13.56% versus a gain of 17.21% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIPS has been the more volatile fund, with annualized monthly volatility of 25.7% compared with 17.8% 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 -59.9% for DIPS 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 -0.64. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
DIPS charges 1.05% per year while QQQ charges 0.18%. On a $10,000 position that is $105 vs $18 annually, a gap of $87 per year that compounds over a long holding period. On income, DIPS currently yields 70.67% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in DIPS and 102 in QQQ, totalling 16.3% 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 DIPS and 102 in QQQ, against full books of 15 and 107.
You are not choosing between two funds in isolation.
Whichever of DIPS 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, DIPS or QQQ?
DIPS has an expense ratio of 1.05% while QQQ charges 0.18%. QQQ is the cheaper option, by $87 a year on a $10,000 investment.
Which performed better, DIPS or QQQ?
Over the past year DIPS returned -17.46% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), DIPS annualized -30.86% vs +23.11% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIPS or QQQ?
DIPS has been the more volatile fund at 25.7% annualized versus 17.8% for QQQ. Worst drawdown: DIPS -59.9% vs QQQ -22.8%.
Should I hold both DIPS and QQQ?
DIPS and QQQ have a monthly-return correlation of -0.64, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, DIPS or QQQ?
DIPS yields 70.67% while QQQ yields 0.44%, so DIPS currently pays the higher dividend yield.
Is QQQ better than DIPS?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two move opposite each other, correlation -0.64, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.