QQQ vs SLTY
Invesco QQQ Trust, Series 1 vs YieldMax Ultra Short Option Income 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 | SLTY | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.25% | |
| AUM | $455.8B | $18M | |
| Dividend Yield | 0.41% | 73.59% | |
| Holdings | 108 | 113 | |
| YTD Return | +19.68% | -9.44% | |
| 1Y Return | +26.75% | -22.30% | |
| 3Y Return (annualized) | +26.25% | - | |
| 5Y Return (annualized) | +15.39% | - | |
| Volatility (annualized) | 30.6% | 16.8% | |
| Max Drawdown | -83.0% | -22.3% | |
| Fund Family | Invesco (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Aug 20, 2025 |
QQQ vs SLTY Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and YieldMax Ultra Short Option Income Strategy ETF (SLTY) is a ETF from YieldMax ETF. Over the past year QQQ returned +26.75% while SLTY returned -22.30%. Year to date, QQQ is up 19.68% versus a loss of 9.44% for SLTY.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 16.8% for SLTY. 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 -22.3% for SLTY. 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 -0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while SLTY charges 1.25%. On a $10,000 position that is $18 vs $125 annually, a gap of $107 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 73.59% for SLTY.
Holdings Overlap
QQQ and SLTY share 4 holdings out of 127 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 SLTY?
QQQ has an expense ratio of 0.18% while SLTY charges 1.25%. QQQ is the cheaper option. On a $10,000 investment, that is $107 per year of difference.
Which performed better, QQQ or SLTY?
Over the past year QQQ returned +26.75% vs -22.30% for SLTY, so QQQ leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, QQQ or SLTY?
QQQ has been the more volatile fund at 30.6% annualized versus 16.8% for SLTY. Worst drawdown: QQQ -83.0% vs SLTY -22.3%.
Should I hold both QQQ and SLTY?
QQQ and SLTY have a monthly-return correlation of -0.66, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SLTY?
QQQ and SLTY share 4 common holdings with a 0.0% weight overlap. Combined, they hold 127 unique securities.
Which pays a higher dividend, QQQ or SLTY?
QQQ yields 0.41% while SLTY yields 73.59%, so SLTY currently pays the higher dividend yield.
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