QQQ vs SLJY
Invesco QQQ Trust, Series 1 vs Amplify SILJ Junior Silver Miners Covered Call ETF
Which is better, QQQ or SLJY?
Large Cap Growth against Option Writing.
QQQ has a lower expense ratio. QQQ led over 1Y, SLJY over the full window.
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 | SLJY |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.76% |
| AUM | $498.6B | $73M |
| Dividend Yield | 0.42% | 24.66% |
| Holdings | 321 | 159 |
| YTD Return | +24.32%Best | +1.96% |
| 1Y Return | +25.59%Best | +16.86% |
| 3Y Return (annualized) | +28.30% | - |
| 5Y Return (annualized) | +16.83% | - |
| Volatility (annualized) | 20.4%Best | 46.1% |
| Max Drawdown | -12.0%Best | -35.2% |
| $10,000 over 1.1 years | $13,315 | $14,380Best |
| Fund Family | Invesco (US) | Amplify ETFs |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Option Writing |
| Inception | Mar 10, 1999 | Aug 19, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 19, 2025 to Oct 6, 2026 (1.1 years).
QQQ vs SLJY 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 1.1 years both funds cover.
QQQ vs SLJY Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Amplify SILJ Junior Silver Miners Covered Call ETF (SLJY) is an ETF from Amplify ETFs. Over the past year QQQ returned +25.59% while SLJY returned +16.86%. Year to date, QQQ is up 24.32% versus a gain of 1.96% for SLJY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SLJY has been the more volatile fund, with annualized monthly volatility of 46.1% compared with 20.4% 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 -12.0% for QQQ and -35.2% for SLJY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.09. They move largely independently of each other.
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 0.42% against 24.66% for SLJY.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 20 in SLJY, totalling 99.9% and 90.0% 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 20 in SLJY, against full books of 321 and 159.
You are not choosing between two funds in isolation.
Whichever of QQQ and SLJY 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 SLJY?
QQQ has an expense ratio of 0.18% while SLJY charges 0.76%. QQQ is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, QQQ or SLJY?
Over the past year QQQ returned +25.59% vs +16.86% for SLJY, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +29.73% vs +39.13% for SLJY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SLJY?
SLJY has been the more volatile fund at 46.1% annualized versus 20.4% for QQQ. Worst drawdown: QQQ -12.0% vs SLJY -35.2%.
Should I hold both QQQ and SLJY?
QQQ and SLJY have a monthly-return correlation of 0.09, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or SLJY?
QQQ yields 0.42% while SLJY yields 24.66%, so SLJY currently pays the higher dividend yield.
Is SLJY better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, SLJY over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.