QQQ vs TSLY
Invesco QQQ Trust, Series 1 vs YieldMax TSLA Option Income Strategy ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | TSLY | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.04% | |
| AUM | $455.8B | $641M | |
| Dividend Yield | 0.41% | 83.30% | |
| Holdings | 108 | 23 | |
| YTD Return | +19.68% | -19.09% | |
| 1Y Return | +26.75% | +2.37% | |
| 3Y Return (annualized) | +26.25% | +3.56% | |
| 5Y Return (annualized) | +15.39% | - | |
| Volatility (annualized) | 30.6% | 46.3% | |
| Max Drawdown | -83.0% | -49.5% | |
| Fund Family | Invesco (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Nov 22, 2022 |
QQQ vs TSLY Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and YieldMax TSLA Option Income Strategy ETF (TSLY) is a ETF from YieldMax ETF. Over the past year QQQ returned +26.75% while TSLY returned +2.37%. Year to date, QQQ is up 19.68% versus a loss of 19.09% for TSLY.
Over three years, QQQ compounded at +26.25% per year against +3.56% for TSLY. Across the full 4-year window we track, QQQ has the edge at +13.15% annualized vs +6.46%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLY has been the more volatile fund, with annualized monthly volatility of 46.3% 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 -49.5% for TSLY. 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TSLY charges 1.04%. On a $10,000 position that is $18 vs $104 annually, a gap of $86 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 83.30% for TSLY.
Holdings Overlap
QQQ and TSLY 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 TSLY?
QQQ has an expense ratio of 0.18% while TSLY charges 1.04%. QQQ is the cheaper option. On a $10,000 investment, that is $86 per year of difference.
Which performed better, QQQ or TSLY?
Over the past year QQQ returned +26.75% vs +2.37% for TSLY, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.15% vs +6.46% for TSLY. Past performance does not guarantee future results.
Which is riskier, QQQ or TSLY?
TSLY has been the more volatile fund at 46.3% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs TSLY -49.5%.
Should I hold both QQQ and TSLY?
QQQ and TSLY have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TSLY?
QQQ and TSLY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QQQ or TSLY?
QQQ yields 0.41% while TSLY yields 83.30%, so TSLY currently pays the higher dividend yield.
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