QQQ vs SLJY
Invesco QQQ Trust, Series 1 vs Amplify SILJ Junior Silver Miners Covered Call ETF
Quick Verdict
QQQ has a lower expense ratio. SLJY delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | SLJY | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.76% | |
| AUM | $496.3B | $65M | |
| Dividend Yield | 0.44% | 27.44% | |
| Holdings | 108 | 58 | |
| YTD Return | +16.64% | +14.63% | |
| 1Y Return | +27.27% | +58.40% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 49.0% | |
| Max Drawdown | -83.0% | -35.2% | |
| Fund Family | Invesco (US) | Amplify ETFs | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Aug 19, 2025 |
QQQ vs SLJY Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Amplify SILJ Junior Silver Miners Covered Call ETF (SLJY) is a ETF from Amplify ETFs. Over the past year QQQ returned +27.27% while SLJY returned +58.40%. Year to date, QQQ is up 16.64% versus a gain of 14.63% for SLJY.
Risk: Volatility and Drawdowns
SLJY has been the more volatile fund, with annualized monthly volatility of 49.0% compared with 30.6% for QQQ. 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 -35.2% for SLJY. 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 0.11. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while SLJY charges 0.76%. On a $10,000 position that is $18 vs $76 annually, a gap of $58 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 27.44% for SLJY.
Holdings Overlap
QQQ and SLJY share 0 holdings out of 122 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 SLJY?
QQQ has an expense ratio of 0.18% while SLJY charges 0.76%. QQQ is the cheaper option. On a $10,000 investment, that is $58 per year of difference.
Which performed better, QQQ or SLJY?
Over the past year QQQ returned +27.27% vs +58.40% for SLJY, so SLJY leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.03% vs +62.95% for SLJY. Past performance does not guarantee future results.
Which is riskier, QQQ or SLJY?
SLJY has been the more volatile fund at 49.0% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs SLJY -35.2%.
Should I hold both QQQ and SLJY?
QQQ and SLJY have a monthly-return correlation of 0.11, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SLJY?
QQQ and SLJY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 122 unique securities.
Which pays a higher dividend, QQQ or SLJY?
QQQ yields 0.44% while SLJY yields 27.44%, so SLJY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.