FBY vs QQQ
YieldMax META Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, FBY or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 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 | FBY | QQQ |
|---|---|---|
| Expense Ratio | 1.06% | 0.18%Best |
| AUM | $88M | $483.5B |
| Dividend Yield | 59.02% | 0.44% |
| Holdings | 14 | 107 |
| YTD Return | -2.25% | +17.21%Best |
| 1Y Return | -16.41% | +22.10%Best |
| 3Y Return (annualized) | +19.62% | +25.27%Best |
| 5Y Return (annualized) | - | +14.60% |
| Volatility (annualized) | 25.6% | 17.4%Best |
| Max Drawdown | -31.5% | -22.8%Best |
| $10,000 over 3.1 years | $16,308 | $18,864Best |
| Fund Family | YieldMax ETF | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Jul 27, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Jul 28, 2023 to Sep 17, 2026 (3.1 years).
FBY 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 3.1 years both funds cover.
FBY vs QQQ Performance
YieldMax META Option Income Strategy ETF (FBY) is an ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FBY returned -16.41% while QQQ returned +22.10%. Year to date, FBY is down 2.25% versus a gain of 17.21% for QQQ.
Over three years, FBY compounded at +19.62% per year against +25.27% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FBY has been the more volatile fund, with annualized monthly volatility of 25.6% compared with 17.4% 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 -31.5% for FBY 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 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FBY charges 1.06% per year while QQQ charges 0.18%. On a $10,000 position that is $106 vs $18 annually, a gap of $88 per year that compounds over a long holding period. On income, FBY currently yields 59.02% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in FBY and 102 in QQQ, totalling 35.8% 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 FBY and 102 in QQQ, against full books of 14 and 107.
You are not choosing between two funds in isolation.
Whichever of FBY 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, FBY or QQQ?
FBY has an expense ratio of 1.06% while QQQ charges 0.18%. QQQ is the cheaper option, by $88 a year on a $10,000 investment.
Which performed better, FBY or QQQ?
Over the past year FBY returned -16.41% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBY or QQQ?
FBY has been the more volatile fund at 25.6% annualized versus 17.4% for QQQ. Worst drawdown: FBY -31.5% vs QQQ -22.8%.
Should I hold both FBY and QQQ?
FBY and QQQ have a monthly-return correlation of 0.55, 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, FBY or QQQ?
FBY yields 59.02% while QQQ yields 0.44%, so FBY currently pays the higher dividend yield.
Is QQQ better than FBY?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.