IWMY vs QQQ
Defiance R2000 Weekly Distribution ETF vs Invesco QQQ Trust, Series 1
Which is better, IWMY or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | IWMY | QQQ |
|---|---|---|
| Expense Ratio | 1.05% | 0.18%Best |
| AUM | $95M | $483.5B |
| Dividend Yield | 40.14% | 0.44% |
| Holdings | 10 | 107 |
| YTD Return | +9.11% | +15.94%Best |
| 1Y Return | +7.76% | +20.44%Best |
| 3Y Return (annualized) | - | +24.86% |
| 5Y Return (annualized) | - | +14.26% |
| Volatility (annualized) | 14.7%Best | 17.4% |
| Max Drawdown | -35.7% | -22.8%Best |
| $10,000 over 2.9 years | $9,464 | $20,679Best |
| Fund Family | Defiance ETFs, LLC | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Oct 30, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Oct 31, 2023 to Sep 14, 2026 (2.9 years).
IWMY 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 2.9 years both funds cover.
IWMY vs QQQ Performance
Defiance R2000 Weekly Distribution ETF (IWMY) is an ETF from Defiance ETFs, LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year IWMY returned +7.76% while QQQ returned +20.44%. Year to date, IWMY is up 9.11% versus a gain of 15.94% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 14.7% for IWMY. 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 -35.7% for IWMY 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 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IWMY charges 1.05% per year while QQQ charges 0.18%. On a $10,000 position that is $105 vs $18 annually, a gap of $87 per year that compounds over a long holding period. On income, IWMY currently yields 40.14% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in IWMY and 102 in QQQ, totalling 6.1% 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 1 positions we hold weights for in IWMY and 102 in QQQ, against full books of 10 and 107.
You are not choosing between two funds in isolation.
Whichever of IWMY 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, IWMY or QQQ?
IWMY has an expense ratio of 1.05% while QQQ charges 0.18%. QQQ is the cheaper option, by $87 a year on a $10,000 investment.
Which performed better, IWMY or QQQ?
Over the past year IWMY returned +7.76% 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, IWMY or QQQ?
QQQ has been the more volatile fund at 17.4% annualized versus 14.7% for IWMY. Worst drawdown: IWMY -35.7% vs QQQ -22.8%.
Should I hold both IWMY and QQQ?
IWMY and QQQ have a monthly-return correlation of 0.59, 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, IWMY or QQQ?
IWMY yields 40.14% while QQQ yields 0.44%, so IWMY currently pays the higher dividend yield.
Is QQQ better than IWMY?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.