QQQ vs TSMY
Invesco QQQ Trust, Series 1 vs YieldMax TSM Option Income Strategy ETF
Which is better, QQQ or TSMY?
Large Cap Growth against Option Writing.
QQQ has a lower expense ratio. TSMY led over 1Y and 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 | TSMY |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.01% |
| AUM | $498.6B | $112M |
| Dividend Yield | 0.42% | 56.16% |
| Holdings | 321 | 33 |
| YTD Return | +22.67% | +42.53%Best |
| 1Y Return | +24.33% | +54.39%Best |
| 3Y Return (annualized) | +29.05% | - |
| 5Y Return (annualized) | +17.00% | - |
| Volatility (annualized) | 17.8%Best | 26.6% |
| Max Drawdown | -22.8%Best | -31.1% |
| $10,000 over 2.1 years | $15,668 | $22,368Best |
| Fund Family | Invesco (US) | YieldMax ETF |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Option Writing |
| Inception | Mar 10, 1999 | Aug 20, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 21, 2024 to Oct 2, 2026 (2.1 years).
QQQ vs TSMY 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 2.1 years both funds cover.
QQQ vs TSMY Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and YieldMax TSM Option Income Strategy ETF (TSMY) is an ETF from YieldMax ETF. Over the past year QQQ returned +24.33% while TSMY returned +54.39%. Year to date, QQQ is up 22.67% versus a gain of 42.53% for TSMY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSMY has been the more volatile fund, with annualized monthly volatility of 26.6% compared with 17.8% 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 -22.8% for QQQ and -31.1% for TSMY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while TSMY 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 0.42% against 56.16% for TSMY.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 2 in TSMY, totalling 99.9% and 18.6% 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 2 in TSMY, against full books of 321 and 33.
You are not choosing between two funds in isolation.
Whichever of QQQ and TSMY 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 TSMY?
QQQ has an expense ratio of 0.18% while TSMY charges 1.01%. QQQ is the cheaper option, by $83 a year on a $10,000 investment.
Which performed better, QQQ or TSMY?
Over the past year QQQ returned +24.33% vs +54.39% for TSMY, so TSMY leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +23.84% vs +46.72% for TSMY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TSMY?
TSMY has been the more volatile fund at 26.6% annualized versus 17.8% for QQQ. Worst drawdown: QQQ -22.8% vs TSMY -31.1%.
Should I hold both QQQ and TSMY?
QQQ and TSMY have a monthly-return correlation of 0.64, 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 TSMY?
QQQ yields 0.42% while TSMY yields 56.16%, so TSMY currently pays the higher dividend yield.
Is TSMY better than QQQ?
QQQ has a lower expense ratio. TSMY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.