QQQ vs YETH
Invesco QQQ Trust, Series 1 vs Roundhill Ether Covered Call Strategy ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | YETH | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.96% | |
| AUM | $455.8B | $61M | |
| Dividend Yield | 0.41% | 81.06% | |
| Holdings | 108 | 9 | |
| YTD Return | +18.31% | -41.73% | |
| 1Y Return | +25.37% | -52.07% | |
| 3Y Return (annualized) | +25.79% | - | |
| 5Y Return (annualized) | +15.20% | - | |
| Volatility (annualized) | 30.6% | 50.3% | |
| Max Drawdown | -83.0% | -65.1% | |
| Fund Family | Invesco (US) | Roundhill Investments | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Sep 4, 2024 |
QQQ vs YETH Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Roundhill Ether Covered Call Strategy ETF (YETH) is a ETF from Roundhill Investments. Over the past year QQQ returned +25.37% while YETH returned -52.07%. Year to date, QQQ is up 18.31% versus a loss of 41.73% for YETH.
Risk: Volatility and Drawdowns
YETH has been the more volatile fund, with annualized monthly volatility of 50.3% 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 -65.1% for YETH. 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 0.21. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while YETH charges 0.96%. On a $10,000 position that is $18 vs $96 annually, a gap of $78 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 81.06% for YETH.
Frequently Asked Questions
Which is cheaper, QQQ or YETH?
QQQ has an expense ratio of 0.18% while YETH charges 0.96%. QQQ is the cheaper option. On a $10,000 investment, that is $78 per year of difference.
Which performed better, QQQ or YETH?
Over the past year QQQ returned +25.37% vs -52.07% for YETH, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.10% vs -26.73% for YETH. Past performance does not guarantee future results.
Which is riskier, QQQ or YETH?
YETH has been the more volatile fund at 50.3% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs YETH -65.1%.
Should I hold both QQQ and YETH?
QQQ and YETH have a monthly-return correlation of 0.21, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, QQQ or YETH?
QQQ yields 0.41% while YETH yields 81.06%, so YETH currently pays the higher dividend yield.
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