QQQ vs YQQQ
Invesco QQQ Trust, Series 1 vs YieldMax Short N100 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 | YQQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.11% | |
| AUM | $496.3B | $15M | |
| Dividend Yield | 0.44% | 28.84% | |
| Holdings | 108 | 27 | |
| YTD Return | +16.19% | -5.63% | |
| 1Y Return | +25.22% | -6.87% | |
| 3Y Return (annualized) | +25.47% | - | |
| 5Y Return (annualized) | +14.34% | - | |
| Volatility (annualized) | 30.6% | 15.6% | |
| Max Drawdown | -83.0% | -29.1% | |
| Fund Family | Invesco (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Aug 14, 2024 |
QQQ vs YQQQ Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and YieldMax Short N100 Option Income Strategy ETF (YQQQ) is a ETF from YieldMax ETF. Over the past year QQQ returned +25.22% while YQQQ returned -6.87%. Year to date, QQQ is up 16.19% versus a loss of 5.63% for YQQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.6% for YQQQ. 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 -29.1% for YQQQ. 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 -0.97. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while YQQQ charges 1.11%. On a $10,000 position that is $18 vs $111 annually, a gap of $93 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 28.84% for YQQQ.
Holdings Overlap
QQQ and YQQQ 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 YQQQ?
QQQ has an expense ratio of 0.18% while YQQQ charges 1.11%. QQQ is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, QQQ or YQQQ?
Over the past year QQQ returned +25.22% vs -6.87% for YQQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.01% vs -9.33% for YQQQ. Past performance does not guarantee future results.
Which is riskier, QQQ or YQQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.6% for YQQQ. Worst drawdown: QQQ -83.0% vs YQQQ -29.1%.
Should I hold both QQQ and YQQQ?
QQQ and YQQQ have a monthly-return correlation of -0.97, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and YQQQ?
QQQ and YQQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QQQ or YQQQ?
QQQ yields 0.44% while YQQQ yields 28.84%, so YQQQ currently pays the higher dividend yield.
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