HIYY vs QQQ
YieldMax HIMS Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, HIYY or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y.
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 | HIYY | QQQ |
|---|---|---|
| Expense Ratio | 1.01% | 0.18%Best |
| AUM | $12M | $483.5B |
| Dividend Yield | 134.71% | 0.44% |
| Holdings | 17 | 107 |
| YTD Return | -17.56% | +15.94%Best |
| 1Y Return | -46.98% | +20.44%Best |
| 3Y Return (annualized) | - | +24.86% |
| 5Y Return (annualized) | - | +14.26% |
| Volatility (annualized) | 75.2% | 22.0%Best |
| Fund Family | YieldMax ETF | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Sep 22, 2025 | Mar 10, 1999 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
HIYY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
HIYY vs QQQ Performance
YieldMax HIMS Option Income Strategy ETF (HIYY) is an ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HIYY returned -46.98% while QQQ returned +20.44%. Year to date, HIYY is down 17.56% versus a gain of 15.94% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIYY has been the more volatile fund, with annualized monthly volatility of 75.2% compared with 22.0% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
HIYY charges 1.01% per year while QQQ charges 0.18%. On a $10,000 position that is $101 vs $18 annually, a gap of $83 per year that compounds over a long holding period. On income, HIYY currently yields 134.71% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in HIYY and 102 in QQQ, totalling 21.8% 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 HIYY and 102 in QQQ, against full books of 17 and 107.
You are not choosing between two funds in isolation.
Whichever of HIYY 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, HIYY or QQQ?
HIYY has an expense ratio of 1.01% while QQQ charges 0.18%. QQQ is the cheaper option, by $83 a year on a $10,000 investment.
Which performed better, HIYY or QQQ?
Over the past year HIYY returned -46.98% vs +20.44% 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, HIYY or QQQ?
HIYY has been the more volatile fund at 75.2% annualized versus 22.0% for QQQ.
Should I hold both HIYY and QQQ?
HIYY and QQQ have a monthly-return correlation of 0.25, 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, HIYY or QQQ?
HIYY yields 134.71% while QQQ yields 0.44%, so HIYY currently pays the higher dividend yield.
Is QQQ better than HIYY?
QQQ has a lower expense ratio. QQQ led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.