QQQ vs WNTR
Invesco QQQ Trust, Series 1 vs YieldMax Short MSTR 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 | WNTR | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.00% | |
| AUM | $496.3B | $82M | |
| Dividend Yield | 0.44% | 106.61% | |
| Holdings | 108 | 21 | |
| YTD Return | +16.64% | -41.94% | |
| 1Y Return | +27.27% | -0.46% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 59.0% | |
| Max Drawdown | -83.0% | -53.1% | |
| Fund Family | Invesco (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Mar 26, 2025 |
QQQ vs WNTR Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and YieldMax Short MSTR Option Income Strategy ETF (WNTR) is a ETF from YieldMax ETF. Over the past year QQQ returned +27.27% while WNTR returned -0.46%. Year to date, QQQ is up 16.64% versus a loss of 41.94% for WNTR.
Risk: Volatility and Drawdowns
WNTR has been the more volatile fund, with annualized monthly volatility of 59.0% 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 -53.1% for WNTR. 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 -0.36. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while WNTR charges 1.00%. On a $10,000 position that is $18 vs $100 annually, a gap of $82 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 106.61% for WNTR.
Holdings Overlap
QQQ and WNTR 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 WNTR?
QQQ has an expense ratio of 0.18% while WNTR charges 1.00%. QQQ is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, QQQ or WNTR?
Over the past year QQQ returned +27.27% vs -0.46% for WNTR, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.03% vs -8.78% for WNTR. Past performance does not guarantee future results.
Which is riskier, QQQ or WNTR?
WNTR has been the more volatile fund at 59.0% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs WNTR -53.1%.
Should I hold both QQQ and WNTR?
QQQ and WNTR have a monthly-return correlation of -0.36, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and WNTR?
QQQ and WNTR share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QQQ or WNTR?
QQQ yields 0.44% while WNTR yields 106.61%, so WNTR currently pays the higher dividend yield.
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