QQQ vs QQQY
Invesco QQQ Trust, Series 1 vs Defiance Nasdaq 100 Weekly Distribution ETF
Which is better, QQQ or QQQY?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 1Y, QQQY over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | QQQ | QQQY |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.01% |
| AUM | $498.6B | $189M |
| Dividend Yield | 0.42% | 34.73% |
| Holdings | 321 | 10 |
| YTD Return | +22.35%Best | +19.80% |
| 1Y Return | +22.84%Best | +20.13% |
| 3Y Return (annualized) | +27.55% | +29.76%Best |
| 5Y Return (annualized) | +16.36% | - |
| Volatility (annualized) | 17.0% | 15.2%Best |
| Max Drawdown | -22.8% | -12.6%Best |
| $10,000 over 3.1 years | $20,341 | $21,747Best |
| Fund Family | Invesco (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Sep 13, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 14, 2023 to Oct 8, 2026 (3.1 years).
QQQ 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 3.1 years both funds cover.
QQQ vs QQQY Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) is an ETF from Defiance ETFs, LLC. Over the past year QQQ returned +22.84% while QQQY returned +20.13%. Year to date, QQQ is up 22.35% versus a gain of 19.80% for QQQY.
Over three years, QQQ compounded at +27.55% per year against +29.76% for QQQY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 15.2% 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 -22.8% for QQQ and -12.6% 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while QQQY charges 1.01%. On a $10,000 position that is $18 vs $101 annually, a gap of $83 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 34.73% for QQQY.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 1 in QQQY, totalling 99.9% and 1.1% 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 102 positions we hold weights for in QQQ and 1 in QQQY, against full books of 321 and 10.
You are not choosing between two funds in isolation.
Whichever of QQQ 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, QQQ or QQQY?
QQQ has an expense ratio of 0.18% while QQQY charges 1.01%. QQQ is the cheaper option, by $83 a year on a $10,000 investment.
Which performed better, QQQ or QQQY?
Over the past year QQQ returned +22.84% vs +20.13% for QQQY, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or QQQY?
QQQ has been the more volatile fund at 17.0% annualized versus 15.2% for QQQY. Worst drawdown: QQQ -22.8% vs QQQY -12.6%.
Should I hold both QQQ and QQQY?
QQQ and QQQY have a monthly-return correlation of 0.91, 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, QQQ or QQQY?
QQQ yields 0.42% while QQQY yields 34.73%, so QQQY currently pays the higher dividend yield.
Is QQQY better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, QQQY over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.