QDTY vs TQQQ
YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF vs ProShares UltraPro QQQ
Which is better, QDTY or TQQQ?
Nearly the same fund. TQQQ costs less.
TQQQ has a lower expense ratio. TQQQ 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 | TQQQ |
|---|---|---|
| Expense Ratio | 1.17% | 0.82%Best |
| AUM | $28M | $37.6B |
| Dividend Yield | 36.64% | 0.52% |
| Holdings | 10 | 128 |
| YTD Return | +16.70% | +56.18%Best |
| 1Y Return | +20.73% | +51.01%Best |
| 3Y Return (annualized) | - | +63.41% |
| 5Y Return (annualized) | - | +22.39% |
| Volatility (annualized) | 18.9%Best | 63.6% |
| Max Drawdown | -20.2%Best | -56.8% |
| $10,000 over 1.7 years | $14,562 | $18,913Best |
| Fund Family | YieldMax ETF | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 12, 2025 | Feb 9, 2010 |
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 9, 2026 (1.7 years).
QDTY vs TQQQ 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 TQQQ Performance
YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY) is an ETF from YieldMax ETF and ProShares UltraPro QQQ (TQQQ) is an ETF from ProShares. Over the past year QDTY returned +20.73% while TQQQ returned +51.01%. Year to date, QDTY is up 16.70% versus a gain of 56.18% for TQQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TQQQ has been the more volatile fund, with annualized monthly volatility of 63.6% compared with 18.9% 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 -56.8% for TQQQ. 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 TQQQ charges 0.82%. On a $10,000 position that is $117 vs $82 annually, a gap of $35 per year that compounds over a long holding period. On income, QDTY currently yields 36.64% against 0.52% for TQQQ.
Holdings Overlap
We hold position weights for 1 holding in QDTY and 102 in TQQQ, totalling 0.5% and 59.7% 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 TQQQ, against full books of 10 and 128.
You are not choosing between two funds in isolation.
Whichever of QDTY and TQQQ 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 TQQQ?
QDTY has an expense ratio of 1.17% while TQQQ charges 0.82%. TQQQ is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, QDTY or TQQQ?
Over the past year QDTY returned +20.73% vs +51.01% for TQQQ, so TQQQ leads on 1-year performance. Over the longest common window we track (2 years), QDTY annualized +24.74% vs +45.48% for TQQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QDTY or TQQQ?
TQQQ has been the more volatile fund at 63.6% annualized versus 18.9% for QDTY. Worst drawdown: QDTY -20.2% vs TQQQ -56.8%.
Should I hold both QDTY and TQQQ?
QDTY and TQQQ 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 TQQQ?
QDTY yields 36.64% while TQQQ yields 0.52%, so QDTY currently pays the higher dividend yield.
Is TQQQ better than QDTY?
TQQQ has a lower expense ratio. TQQQ 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.