QQQ vs YQQQ
Invesco QQQ Trust, Series 1 vs YieldMax Short N100 Option Income Strategy ETF
Which is better, QQQ or YQQQ?
Opposite sides of the same exposure.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two move opposite each other, correlation -0.93, so holding both offsets the exposure while paying both fees.
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 | YQQQ |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.11% |
| AUM | $498.6B | $26M |
| Dividend Yield | 0.42% | 29.67% |
| Holdings | 321 | 26 |
| YTD Return | +22.35%Best | -2.32% |
| 1Y Return | +22.84%Best | +0.67% |
| 3Y Return (annualized) | +27.55% | - |
| 5Y Return (annualized) | +16.36% | - |
| Volatility (annualized) | 17.8% | 15.3%Best |
| Max Drawdown | -22.8%Best | -29.1% |
| $10,000 over 2.1 years | $15,780Best | $8,519 |
| Fund Family | Invesco (US) | YieldMax ETF |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Option Writing |
| Inception | Mar 10, 1999 | Aug 14, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 15, 2024 to Oct 8, 2026 (2.1 years).
QQQ vs YQQQ 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 2.1 years both funds cover.
QQQ vs YQQQ Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and YieldMax Short N100 Option Income Strategy ETF (YQQQ) is an ETF from YieldMax ETF. Over the past year QQQ returned +22.84% while YQQQ returned +0.67%. Year to date, QQQ is up 22.35% versus a loss of 2.32% for YQQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 15.3% 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 -22.8% for QQQ and -29.1% for YQQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.93. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
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 0.42% against 29.67% for YQQQ.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 2 in YQQQ, totalling 99.9% and 17.4% 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 2 in YQQQ, against full books of 321 and 26.
You are not choosing between two funds in isolation.
Whichever of QQQ and YQQQ 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 YQQQ?
QQQ has an expense ratio of 0.18% while YQQQ charges 1.11%. QQQ is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, QQQ or YQQQ?
Over the past year QQQ returned +22.84% vs +0.67% for YQQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +24.26% vs -7.35% for YQQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or YQQQ?
QQQ has been the more volatile fund at 17.8% annualized versus 15.3% for YQQQ. Worst drawdown: QQQ -22.8% vs YQQQ -29.1%.
Should I hold both QQQ and YQQQ?
QQQ and YQQQ have a monthly-return correlation of -0.93, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, QQQ or YQQQ?
QQQ yields 0.42% while YQQQ yields 29.67%, so YQQQ currently pays the higher dividend yield.
Is YQQQ better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two move opposite each other, correlation -0.93, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.