QDTY vs QLD
YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF vs ProShares Ultra QQQ
Which is better, QDTY or QLD?
Nearly the same fund. QLD costs less.
QLD has a lower expense ratio. QLD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | QDTY | QLD |
|---|---|---|
| Expense Ratio | 1.17% | 0.95%Best |
| AUM | $28M | $15.0B |
| Dividend Yield | 36.64% | 0.13% |
| Holdings | 10 | 127 |
| YTD Return | +15.73% | +37.73%Best |
| 1Y Return | +21.15% | +40.55%Best |
| 3Y Return (annualized) | - | +45.78% |
| 5Y Return (annualized) | - | +21.48% |
| Volatility (annualized) | 19.0%Best | 40.9% |
| Max Drawdown | -20.2%Best | -41.8% |
| $10,000 over 1.7 years | $14,403 | $16,635Best |
| Fund Family | YieldMax ETF | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 12, 2025 | Jun 19, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Feb 13, 2025 to Oct 13, 2026 (1.7 years).
QDTY vs QLD 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 1.7 years both funds cover.
QDTY vs QLD Performance
YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY) is an ETF from YieldMax ETF and ProShares Ultra QQQ (QLD) is an ETF from ProShares. Over the past year QDTY returned +21.15% while QLD returned +40.55%. Year to date, QDTY is up 15.73% versus a gain of 37.73% for QLD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QLD has been the more volatile fund, with annualized monthly volatility of 40.9% compared with 19.0% for QDTY. 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 -20.2% for QDTY and -41.8% for QLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QDTY charges 1.17% per year while QLD charges 0.95%. On a $10,000 position that is $117 vs $95 annually, a gap of $22 per year that compounds over a long holding period. On income, QDTY currently yields 36.64% against 0.13% for QLD.
Holdings Overlap
We hold position weights for 1 holding in QDTY and 102 in QLD, totalling 0.5% and 79.4% 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 QDTY and 102 in QLD, against full books of 10 and 127.
You are not choosing between two funds in isolation.
Whichever of QDTY and QLD 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, QDTY or QLD?
QDTY has an expense ratio of 1.17% while QLD charges 0.95%. QLD is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, QDTY or QLD?
Over the past year QDTY returned +21.15% vs +40.55% for QLD, so QLD leads on 1-year performance. Over the longest common window we track (2 years), QDTY annualized +23.94% vs +34.90% for QLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QDTY or QLD?
QLD has been the more volatile fund at 40.9% annualized versus 19.0% for QDTY. Worst drawdown: QDTY -20.2% vs QLD -41.8%.
Should I hold both QDTY and QLD?
QDTY and QLD have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, QDTY or QLD?
QDTY yields 36.64% while QLD yields 0.13%, so QDTY currently pays the higher dividend yield.
Is QLD better than QDTY?
QLD has a lower expense ratio. QLD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.