GPTY vs QQQ
YieldMax AI & Tech Portfolio Option Income ETF vs Invesco QQQ Trust, Series 1
Which is better, GPTY or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. GPTY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 50.9%.
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 | GPTY | QQQ |
|---|---|---|
| Expense Ratio | 1.06% | 0.18%Best |
| AUM | $128M | $498.6B |
| Dividend Yield | 38.49% | 0.42% |
| Holdings | 98 | 321 |
| YTD Return | +32.10%Best | +22.95% |
| 1Y Return | +26.65%Best | +23.60% |
| 3Y Return (annualized) | - | +27.53% |
| 5Y Return (annualized) | - | +16.67% |
| Volatility (annualized) | 29.9% | 19.6%Best |
| Max Drawdown | -26.6% | -22.8%Best |
| $10,000 over 1.7 years | $15,556Best | $14,200 |
| Top 10 Weight | 50.9% | 47.2%Best |
| Fund Family | YieldMax ETF | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 22, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 23, 2025 to Oct 9, 2026 (1.7 years).
GPTY 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 1.7 years both funds cover.
GPTY vs QQQ Performance
YieldMax AI & Tech Portfolio Option Income ETF (GPTY) is an ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year GPTY returned +26.65% while QQQ returned +23.60%. Year to date, GPTY is up 32.10% versus a gain of 22.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GPTY has been the more volatile fund, with annualized monthly volatility of 29.9% compared with 19.6% 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 -26.6% for GPTY 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GPTY 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, GPTY currently yields 38.49% against 0.42% for QQQ.
Holdings Overlap
61.5% of GPTY's money is in holdings QQQ also owns. 49.3% of QQQ's money is in holdings GPTY also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 26 positions we hold weights for in GPTY and 102 in QQQ, against full books of 98 and 321.
What only one of them owns
Our book lists 81 positions for QQQ that do not appear in our book for GPTY (48.4% of the fund), and 10 for GPTY that do not appear in QQQ (32.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GPTY | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.39% | 8.45% | 2.06% |
| AAPLApple, Inc | 4.72% | 7.80% | 3.08% |
| MSFTMicrosoft Corp | 4.84% | 5.88% | 1.04% |
| GOOGLAlphabet Inc,class A | 5.55% | 3.15% | 2.40% |
| AMZNAmazon.Com Inc | 4.18% | 4.41% | 0.23% |
| AMDAdvanced Micro Devices Inc | 4.34% | 3.71% | 0.63% |
| METAMeta Platforms Inc | 4.46% | 3.07% | 1.39% |
| PLTRPalantir Technologies Inc | 4.88% | 1.69% | 3.19% |
| INTCIntel Corporation | 4.16% | 2.28% | 1.88% |
| AVGOBroadcom Inc | 3.56% | 2.74% | 0.82% |
61.5% of GPTY is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GPTY or QQQ?
GPTY 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, GPTY or QQQ?
Over the past year GPTY returned +26.65% vs +23.60% for QQQ, so GPTY leads on 1-year performance. Over the longest common window we track (2 years), GPTY annualized +29.68% vs +22.91% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPTY or QQQ?
GPTY has been the more volatile fund at 29.9% annualized versus 19.6% for QQQ. Worst drawdown: GPTY -26.6% vs QQQ -22.8%.
Should I hold both GPTY and QQQ?
GPTY and QQQ have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GPTY and QQQ?
61.5% of GPTY's money is in holdings QQQ also owns. 49.3% of QQQ's is in holdings GPTY also owns. They hold 15 positions in common, counted across the 26 positions we hold weights for in GPTY and 102 in QQQ.
Which pays a higher dividend, GPTY or QQQ?
GPTY yields 38.49% while QQQ yields 0.42%, so GPTY currently pays the higher dividend yield.
Is QQQ better than GPTY?
QQQ has a lower expense ratio. GPTY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 50.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.