QQQ vs YMAG
Invesco QQQ Trust, Series 1 vs YieldMax Magnificent 7 Fund of Option Income ETF
Which is better, QQQ or YMAG?
Large Cap Growth against Option Writing.
QQQ has a lower expense ratio. QQQ led over 1Y, YMAG over 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 | YMAG |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.34% |
| AUM | $483.5B | $295M |
| Dividend Yield | 0.44% | 57.01% |
| Holdings | 107 | 9 |
| YTD Return | +17.21%Best | +7.61% |
| 1Y Return | +22.10%Best | +11.25% |
| 3Y Return (annualized) | +25.27% | - |
| 5Y Return (annualized) | +14.60% | - |
| Volatility (annualized) | 17.2%Best | 17.6% |
| Max Drawdown | -22.8%Best | -26.0% |
| $10,000 over 2.6 years | $16,975 | $17,123Best |
| Top 10 Weight | 46.5% | - |
| Fund Family | Invesco (US) | YieldMax ETF |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Option Writing |
| Inception | Mar 10, 1999 | Jan 29, 2024 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 30, 2024 to Sep 17, 2026 (2.6 years).
QQQ vs YMAG 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 2.6 years both funds cover.
QQQ vs YMAG Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) is an ETF from YieldMax ETF. Over the past year QQQ returned +22.10% while YMAG returned +11.25%. Year to date, QQQ is up 17.21% versus a gain of 7.61% for YMAG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
YMAG has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 17.2% 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 -26.0% for YMAG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while YMAG charges 1.34%. On a $10,000 position that is $18 vs $134 annually, a gap of $116 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 57.01% for YMAG.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 8 in YMAG, totalling 99.9% and 100.0% 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 8 in YMAG, against full books of 107 and 9.
What only one of them owns
Our book lists 8 positions for YMAG that do not appear in our book for QQQ (100.0% of the fund), and 96 for QQQ that do not appear in YMAG (97.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of QQQ and YMAG 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 YMAG?
QQQ has an expense ratio of 0.18% while YMAG charges 1.34%. QQQ is the cheaper option, by $116 a year on a $10,000 investment.
Which performed better, QQQ or YMAG?
Over the past year QQQ returned +22.10% vs +11.25% for YMAG, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or YMAG?
YMAG has been the more volatile fund at 17.6% annualized versus 17.2% for QQQ. Worst drawdown: QQQ -22.8% vs YMAG -26.0%.
Should I hold both QQQ and YMAG?
QQQ and YMAG have a monthly-return correlation of 0.84, 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 YMAG?
QQQ yields 0.44% while YMAG yields 57.01%, so YMAG currently pays the higher dividend yield.
Is YMAG better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, YMAG over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.