NVDY vs QQQ
YieldMax NVDA Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | NVDY | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.27% | 0.18% | |
| AUM | $1.5B | $496.3B | |
| Dividend Yield | 63.49% | 0.44% | |
| Holdings | 14 | 108 | |
| YTD Return | +13.20% | +16.23% | |
| 1Y Return | +23.47% | +26.23% | |
| 3Y Return (annualized) | +51.00% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 29.4% | 30.6% | |
| Max Drawdown | -33.9% | -83.0% | |
| Fund Family | YieldMax ETF | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | May 10, 2023 | Mar 10, 1999 |
NVDY vs QQQ Performance
YieldMax NVDA Option Income Strategy ETF (NVDY) is a ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NVDY returned +23.47% while QQQ returned +26.23%. Year to date, NVDY is up 13.20% versus a gain of 16.23% for QQQ.
Over three years, NVDY compounded at +51.00% per year against +25.75% for QQQ. Across the full 3-year window we track, NVDY has the edge at +57.66% annualized vs +13.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 29.4% for NVDY. 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 -33.9% for NVDY and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NVDY charges 1.27% per year while QQQ charges 0.18%. On a $10,000 position that is $127 vs $18 annually, a gap of $109 per year that compounds over a long holding period. On income, NVDY currently yields 63.49% against 0.44% for QQQ.
Holdings Overlap
NVDY 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, NVDY or QQQ?
NVDY has an expense ratio of 1.27% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $109 per year of difference.
Which performed better, NVDY or QQQ?
Over the past year NVDY returned +23.47% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), NVDY annualized +57.66% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, NVDY or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 29.4% for NVDY. Worst drawdown: NVDY -33.9% vs QQQ -83.0%.
Should I hold both NVDY and QQQ?
NVDY and QQQ have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NVDY and QQQ?
NVDY and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, NVDY or QQQ?
NVDY yields 63.49% while QQQ yields 0.44%, so NVDY currently pays the higher dividend yield.
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