NFLY vs QQQY
YieldMax NFLX Option Income Strategy ETF vs Defiance Nasdaq 100 Weekly Distribution ETF
Which is better, NFLY or QQQY?
QQQY has been ahead.
QQQY led over 1Y, 3Y 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 | NFLY | QQQY |
|---|---|---|
| Expense Ratio | 1.01%Tie | 1.01%Tie |
| AUM | $28M | $169M |
| Dividend Yield | 66.43% | 35.29% |
| Holdings | 17 | 9 |
| YTD Return | -27.47% | +9.70%Best |
| 1Y Return | -40.03% | +11.02%Best |
| 3Y Return (annualized) | +8.03% | +13.44%Best |
| Volatility (annualized) | 26.7% | 15.5%Best |
| Max Drawdown | -48.8% | -19.1%Best |
| $10,000 over 3.2 years | $13,961 | $14,632Best |
| Fund Family | YieldMax ETF | Defiance ETFs, LLC |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 7, 2023 | Sep 13, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Sep 14, 2023 to Nov 11, 2026 (3.2 years).
NFLY vs QQQY 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 3.2 years both funds cover.
NFLY vs QQQY Performance
YieldMax NFLX Option Income Strategy ETF (NFLY) is an ETF from YieldMax ETF and Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) is an ETF from Defiance ETFs, LLC. Over the past year NFLY returned -40.03% while QQQY returned +11.02%. Year to date, NFLY is down 27.47% versus a gain of 9.70% for QQQY.
Over three years, NFLY compounded at +8.03% per year against +13.44% for QQQY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NFLY has been the more volatile fund, with annualized monthly volatility of 26.7% compared with 15.5% for QQQY. 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 -48.8% for NFLY and -19.1% for QQQY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.08. They move largely independently of each other.
Fees and Cost Over Time
NFLY charges 1.01% per year while QQQY charges 1.01%. On a $10,000 position that is $101 vs $101 annually. On income, NFLY currently yields 66.43% against 35.29% for QQQY.
Holdings Overlap
We hold position weights for 2 holdings in NFLY and 1 in QQQY, totalling 29.3% and 1.4% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in NFLY and 1 in QQQY, against full books of 17 and 9.
Top Shared Holdings
| Stock | Weight in NFLY | Weight in QQQY | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 3.04% | 1.42% | 1.62% |
You are not choosing between two funds in isolation.
Whichever of NFLY and QQQY 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, NFLY or QQQY?
NFLY has an expense ratio of 1.01% while QQQY charges 1.01%. At the precision these are quoted to, they cost the same.
Which performed better, NFLY or QQQY?
Over the past year NFLY returned -40.03% vs +11.02% for QQQY, so QQQY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NFLY or QQQY?
NFLY has been the more volatile fund at 26.7% annualized versus 15.5% for QQQY. Worst drawdown: NFLY -48.8% vs QQQY -19.1%.
Should I hold both NFLY and QQQY?
NFLY and QQQY have a monthly-return correlation of 0.08, 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, NFLY or QQQY?
NFLY yields 66.43% while QQQY yields 35.29%, so NFLY currently pays the higher dividend yield.
Is QQQY better than NFLY?
QQQY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.