NHYB vs QQQ
Nuveen High Yield Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
NHYB has a lower expense ratio. QQQ delivered stronger 1-year returns. NHYB offers more diversification with 2,683 holdings.
Side-by-Side Comparison
| Metric | NHYB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.18% | |
| AUM | $1.7B | $496.3B | |
| Dividend Yield | 4.84% | 0.44% | |
| Holdings | 2,683 | 108 | |
| YTD Return | +3.23% | +16.30% | |
| 1Y Return | +4.70% | +24.83% | |
| 3Y Return (annualized) | - | +25.48% | |
| 5Y Return (annualized) | - | +14.50% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -2.4% | -83.0% | |
| Fund Family | Nuveen | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 23, 2025 | Mar 10, 1999 |
NHYB vs QQQ Performance
Nuveen High Yield Corporate Bond ETF (NHYB) is a ETF from Nuveen and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NHYB returned +4.70% while QQQ returned +24.83%. Year to date, NHYB is up 3.23% versus a gain of 16.30% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -2.4% for NHYB and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
NHYB charges 0.08% per year while QQQ charges 0.18%. On a $10,000 position that is $8 vs $18 annually, a gap of $10 per year that compounds over a long holding period. On income, NHYB currently yields 4.84% against 0.44% for QQQ.
Holdings Overlap
NHYB and QQQ share 0 holdings out of 105 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, NHYB or QQQ?
NHYB has an expense ratio of 0.08% while QQQ charges 0.18%. NHYB is the cheaper option. On a $10,000 investment, that is $10 per year of difference.
Which performed better, NHYB or QQQ?
Over the past year NHYB returned +4.70% vs +24.83% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between NHYB and QQQ?
NHYB and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, NHYB or QQQ?
NHYB yields 4.84% while QQQ yields 0.44%, so NHYB currently pays the higher dividend yield.
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