QQQ vs USOY
Invesco QQQ Trust, Series 1 vs Defiance Oil Enhanced Options Income ETF
Quick Verdict
QQQ has a lower expense ratio. USOY delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | USOY | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.12% | |
| AUM | $496.3B | $63M | |
| Dividend Yield | 0.44% | 57.76% | |
| Holdings | 108 | 17 | |
| YTD Return | +16.23% | +51.34% | |
| 1Y Return | +26.23% | +44.96% | |
| 3Y Return (annualized) | +25.75% | - | |
| 5Y Return (annualized) | +14.78% | - | |
| Volatility (annualized) | 30.6% | 31.5% | |
| Max Drawdown | -83.0% | -25.5% | |
| Fund Family | Invesco (US) | Defiance ETFs, LLC | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | May 9, 2024 |
QQQ vs USOY Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Defiance Oil Enhanced Options Income ETF (USOY) is a ETF from Defiance ETFs, LLC. Over the past year QQQ returned +26.23% while USOY returned +44.96%. Year to date, QQQ is up 16.23% versus a gain of 51.34% for USOY.
Risk: Volatility and Drawdowns
USOY has been the more volatile fund, with annualized monthly volatility of 31.5% 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 -25.5% for USOY. 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 -0.26. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while USOY charges 1.12%. On a $10,000 position that is $18 vs $112 annually, a gap of $94 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 57.76% for USOY.
Holdings Overlap
QQQ and USOY 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 USOY?
QQQ has an expense ratio of 0.18% while USOY charges 1.12%. QQQ is the cheaper option. On a $10,000 investment, that is $94 per year of difference.
Which performed better, QQQ or USOY?
Over the past year QQQ returned +26.23% vs +44.96% for USOY, so USOY leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.02% vs +22.06% for USOY. Past performance does not guarantee future results.
Which is riskier, QQQ or USOY?
USOY has been the more volatile fund at 31.5% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs USOY -25.5%.
Should I hold both QQQ and USOY?
QQQ and USOY have a monthly-return correlation of -0.26, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and USOY?
QQQ and USOY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QQQ or USOY?
QQQ yields 0.44% while USOY yields 57.76%, so USOY currently pays the higher dividend yield.
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