QQQ vs SDTY
Invesco QQQ Trust, Series 1 vs YieldMax S&P 500 0DTE Covered Call Strategy ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | SDTY | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.08% | |
| AUM | $455.8B | $46M | |
| Dividend Yield | 0.41% | 26.27% | |
| Holdings | 108 | 6 | |
| YTD Return | +18.20% | +10.85% | |
| 1Y Return | +27.63% | +20.57% | |
| 3Y Return (annualized) | +25.54% | - | |
| 5Y Return (annualized) | +15.12% | - | |
| Volatility (annualized) | 30.6% | 13.9% | |
| Max Drawdown | -83.0% | -16.3% | |
| Fund Family | Invesco (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Feb 5, 2025 |
QQQ vs SDTY Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) is a ETF from YieldMax ETF. Over the past year QQQ returned +27.63% while SDTY returned +20.57%. Year to date, QQQ is up 18.20% versus a gain of 10.85% for SDTY.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.9% for SDTY. 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 -83.0% for QQQ and -16.3% for SDTY. 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SDTY charges 1.08%. On a $10,000 position that is $18 vs $108 annually, a gap of $90 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 26.27% for SDTY.
Holdings Overlap
QQQ and SDTY 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, QQQ or SDTY?
QQQ has an expense ratio of 0.18% while SDTY charges 1.08%. QQQ is the cheaper option. On a $10,000 investment, that is $90 per year of difference.
Which performed better, QQQ or SDTY?
Over the past year QQQ returned +27.63% vs +20.57% for SDTY, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.11% vs +21.47% for SDTY. Past performance does not guarantee future results.
Which is riskier, QQQ or SDTY?
QQQ has been the more volatile fund at 30.6% annualized versus 13.9% for SDTY. Worst drawdown: QQQ -83.0% vs SDTY -16.3%.
Should I hold both QQQ and SDTY?
QQQ and SDTY have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SDTY?
QQQ and SDTY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QQQ or SDTY?
QQQ yields 0.41% while SDTY yields 26.27%, so SDTY currently pays the higher dividend yield.
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