QQQY vs TSLP
Defiance Nasdaq 100 Weekly Distribution ETF vs Kurv Yield Premium Strategy Tesla ETF
Which is better, QQQY or TSLP?
QQQY has been ahead.
TSLP has a lower expense ratio. QQQY led over 1Y, 3Y and 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 | QQQY | TSLP |
|---|---|---|
| Expense Ratio | 1.01% | 1.00%Best |
| AUM | $189M | $17M |
| Dividend Yield | 34.73% | 33.35% |
| Holdings | 10 | 21 |
| YTD Return | +19.48%Best | -35.09% |
| 1Y Return | +22.74%Best | -33.93% |
| 3Y Return (annualized) | +29.62%Best | -15.54% |
| Volatility (annualized) | 15.3%Best | 49.1% |
| Max Drawdown | -12.6%Best | -67.7% |
| $10,000 over 3 years | $22,786Best | $6,025 |
| Fund Family | Defiance ETFs, LLC | Kurv |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 13, 2023 | Oct 27, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 27, 2023 to Oct 12, 2026 (3 years).
QQQY vs TSLP 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 3 years both funds cover.
QQQY vs TSLP Performance
Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) is an ETF from Defiance ETFs, LLC and Kurv Yield Premium Strategy Tesla ETF (TSLP) is an ETF from Kurv. Over the past year QQQY returned +22.74% while TSLP returned -33.93%. Year to date, QQQY is up 19.48% versus a loss of 35.09% for TSLP.
Over three years, QQQY compounded at +29.62% per year against -15.54% for TSLP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLP has been the more volatile fund, with annualized monthly volatility of 49.1% compared with 15.3% for QQQY. 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 -12.6% for QQQY and -67.7% for TSLP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQY charges 1.01% per year while TSLP charges 1.00%. On a $10,000 position that is $101 vs $100 annually, a gap of $1 per year that compounds over a long holding period. On income, QQQY currently yields 34.73% against 33.35% for TSLP.
Holdings Overlap
We hold position weights for 1 holding in QQQY and 1 in TSLP, totalling 1.1% and 1.6% 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 1 positions we hold weights for in QQQY and 1 in TSLP, against full books of 10 and 21.
You are not choosing between two funds in isolation.
Whichever of QQQY and TSLP 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, QQQY or TSLP?
QQQY has an expense ratio of 1.01% while TSLP charges 1.00%. TSLP is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, QQQY or TSLP?
Over the past year QQQY returned +22.74% vs -33.93% for TSLP, so QQQY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQY or TSLP?
TSLP has been the more volatile fund at 49.1% annualized versus 15.3% for QQQY. Worst drawdown: QQQY -12.6% vs TSLP -67.7%.
Should I hold both QQQY and TSLP?
QQQY and TSLP have a monthly-return correlation of 0.37, 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, QQQY or TSLP?
QQQY yields 34.73% while TSLP yields 33.35%, so QQQY currently pays the higher dividend yield.
Is TSLP better than QQQY?
TSLP has a lower expense ratio. QQQY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.