GLDY vs QQQ
Defiance Gold Enhanced Options Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GLDY | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.04% | 0.18% | |
| AUM | $26M | $496.3B | |
| Dividend Yield | 3.17% | 0.44% | |
| Holdings | 9 | 108 | |
| YTD Return | -10.84% | +16.64% | |
| 1Y Return | +4.81% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 17.9% | 30.6% | |
| Max Drawdown | -25.9% | -83.0% | |
| Fund Family | Defiance ETFs, LLC | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 1, 2025 | Mar 10, 1999 |
GLDY vs QQQ Performance
Defiance Gold Enhanced Options Income ETF (GLDY) is a ETF from Defiance ETFs, LLC and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GLDY returned +4.81% while QQQ returned +27.27%. Year to date, GLDY is down 10.84% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 17.9% for GLDY. 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 -25.9% for GLDY 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 0.12. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GLDY charges 1.04% per year while QQQ charges 0.18%. On a $10,000 position that is $104 vs $18 annually, a gap of $86 per year that compounds over a long holding period. On income, GLDY currently yields 3.17% against 0.44% for QQQ.
Holdings Overlap
GLDY and QQQ share 0 holdings out of 107 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, GLDY or QQQ?
GLDY has an expense ratio of 1.04% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $86 per year of difference.
Which performed better, GLDY or QQQ?
Over the past year GLDY returned +4.81% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), GLDY annualized +11.99% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GLDY or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.9% for GLDY. Worst drawdown: GLDY -25.9% vs QQQ -83.0%.
Should I hold both GLDY and QQQ?
GLDY and QQQ have a monthly-return correlation of 0.12, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GLDY and QQQ?
GLDY and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 107 unique securities.
Which pays a higher dividend, GLDY or QQQ?
GLDY yields 3.17% while QQQ yields 0.44%, so GLDY currently pays the higher dividend yield.
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