QQA vs. MSTY
Compare and contrast key facts about Invesco QQQ Income Advantage ETF (QQA) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).
QQA and MSTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQA is an actively managed fund by Invesco. It was launched on Jul 17, 2024. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQA or MSTY.
Correlation
The correlation between QQA and MSTY is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QQA vs. MSTY - Performance Comparison
Key characteristics
QQA:
23.70%
MSTY:
75.34%
QQA:
-19.73%
MSTY:
-40.83%
QQA:
-8.05%
MSTY:
-4.22%
Returns By Period
In the year-to-date period, QQA achieves a -3.75% return, which is significantly lower than MSTY's 32.15% return.
QQA
-3.75%
3.58%
-3.65%
N/A
N/A
N/A
MSTY
32.15%
32.02%
37.31%
128.03%
N/A
N/A
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QQA vs. MSTY - Expense Ratio Comparison
QQA has a 0.29% expense ratio, which is lower than MSTY's 0.99% expense ratio.
Risk-Adjusted Performance
QQA vs. MSTY — Risk-Adjusted Performance Rank
QQA
MSTY
QQA vs. MSTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Income Advantage ETF (QQA) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
QQA vs. MSTY - Dividend Comparison
QQA's dividend yield for the trailing twelve months is around 8.16%, less than MSTY's 128.59% yield.
| TTM | 2024 | |
|---|---|---|
QQA Invesco QQQ Income Advantage ETF | 8.16% | 4.29% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 128.59% | 104.56% |
Drawdowns
QQA vs. MSTY - Drawdown Comparison
The maximum QQA drawdown since its inception was -19.73%, smaller than the maximum MSTY drawdown of -40.83%. Use the drawdown chart below to compare losses from any high point for QQA and MSTY. For additional features, visit the drawdowns tool.
Volatility
QQA vs. MSTY - Volatility Comparison
The current volatility for Invesco QQQ Income Advantage ETF (QQA) is 6.83%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 13.66%. This indicates that QQA experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.