GDXY vs QQQ
YieldMax Gold Miners Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. GDXY delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GDXY | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.18% | |
| AUM | $238M | $496.3B | |
| Dividend Yield | 87.83% | 0.44% | |
| Holdings | 14 | 108 | |
| YTD Return | +4.56% | +16.64% | |
| 1Y Return | +34.18% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 34.5% | 30.6% | |
| Max Drawdown | -37.0% | -83.0% | |
| Fund Family | YieldMax ETF | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | May 20, 2024 | Mar 10, 1999 |
GDXY vs QQQ Performance
YieldMax Gold Miners Option Income Strategy ETF (GDXY) is a ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GDXY returned +34.18% while QQQ returned +27.27%. Year to date, GDXY is up 4.56% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
GDXY has been the more volatile fund, with annualized monthly volatility of 34.5% 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 -37.0% for GDXY 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 -0.05. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GDXY charges 1.00% per year while QQQ charges 0.18%. On a $10,000 position that is $100 vs $18 annually, a gap of $82 per year that compounds over a long holding period. On income, GDXY currently yields 87.83% against 0.44% for QQQ.
Holdings Overlap
GDXY and QQQ share 0 holdings out of 105 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GDXY or QQQ?
GDXY has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, GDXY or QQQ?
Over the past year GDXY returned +34.18% vs +27.27% for QQQ, so GDXY leads on 1-year performance. Over the longest common window we track (2 years), GDXY annualized +27.72% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GDXY or QQQ?
GDXY has been the more volatile fund at 34.5% annualized versus 30.6% for QQQ. Worst drawdown: GDXY -37.0% vs QQQ -83.0%.
Should I hold both GDXY and QQQ?
GDXY and QQQ have a monthly-return correlation of -0.05, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GDXY and QQQ?
GDXY and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, GDXY or QQQ?
GDXY yields 87.83% while QQQ yields 0.44%, so GDXY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.