QQQ vs TEST

Quick Verdict

QQQ has a lower expense ratio. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: TiedMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQTESTWinner
Expense Ratio0.18%1.01%
AUM$455.8B$2M
Dividend Yield0.41%15.63%
Holdings10811
YTD Return+18.20%-25.03%
1Y Return+27.63%-
3Y Return (annualized)+25.54%-
5Y Return (annualized)+15.12%-
Volatility (annualized)30.6%-
Max Drawdown-83.0%-36.8%
Fund FamilyInvesco (US)YieldMax ETF
CategoryEquityAlternative
InceptionMar 10, 1999Nov 17, 2025

QQQ vs TEST Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and YieldMax TSLA Performance & Distribution Target 25 ETF (TEST) is a ETF from YieldMax ETF. Year to date, QQQ is up 18.20% versus a loss of 25.03% for TEST.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -83.0% for QQQ and -36.8% for TEST. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

QQQ charges 0.18% per year while TEST 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 0.41% against 15.63% for TEST.

Holdings Overlap

0.0%overlap

QQQ and TEST share 0 holdings out of 106 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 TEST?

QQQ has an expense ratio of 0.18% while TEST charges 1.01%. QQQ is the cheaper option. On a $10,000 investment, that is $83 per year of difference.

What is the holdings overlap between QQQ and TEST?

QQQ and TEST share 0 common holdings with a 0.0% weight overlap. Combined, they hold 106 unique securities.

Which pays a higher dividend, QQQ or TEST?

QQQ yields 0.41% while TEST yields 15.63%, so TEST currently pays the higher dividend yield.

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