QQQT vs. XOMO

Last updated Aug 4, 2026

QQQT (Defiance Nasdaq 100 Income Target ETF) and XOMO (YieldMax XOM Option Income Strategy ETF) are both exchange-traded funds - QQQT is a Nasdaq-100 fund actively managed by Defiance, while XOMO is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, QQQT returned 22.78% vs 29.81% for XOMO. Their -0.06 correlation means they have often moved in opposite directions in the past. QQQT charges 1.05%/yr vs 1.01%/yr for XOMO.

Performance

QQQT vs. XOMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Nasdaq 100 Income Target ETF (QQQT) and YieldMax XOM Option Income Strategy ETF (XOMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQT achieves a 13.07% return, which is significantly lower than XOMO's 20.15% return.

QQQT

• 1D: 1.28%
• 1M: -1.76%
• 6M: 11.41%
• YTD: 13.07%
• 1Y: 22.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.98%

XOMO

• 1D: -0.09%
• 1M: 10.85%
• 6M: 7.87%
• YTD: 20.15%
• 1Y: 29.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QQQT Defiance Nasdaq 100 Income Target ETF	$676.38K	$582.63K	$768.61K
XOMO YieldMax XOM Option Income Strategy ETF	$559.24K	$694.66K	$715.05K

QQQT vs. XOMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQQT Defiance Nasdaq 100 Income Target ETF	13.07%	14.04%	4.20%
XOMO YieldMax XOM Option Income Strategy ETF	20.15%	6.90%	-0.75%

Correlation

The correlation between QQQT and XOMO is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.25
Correlation (All Time) Calculated using the full available price history since Jun 21, 2024	-0.06

The correlation between QQQT and XOMO shifts across timeframes, from -0.25 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QQQT vs. XOMO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QQQT

QQQT Risk / Return Rank: 49
QQQT Sharpe Ratio Rank: 51
QQQT Sortino Ratio Rank: 48
QQQT Omega Ratio Rank: 51
QQQT Calmar Ratio Rank: 49
QQQT Martin Ratio Rank: 48

XOMO

XOMO Risk / Return Rank: 52
XOMO Sharpe Ratio Rank: 59
XOMO Sortino Ratio Rank: 55
XOMO Omega Ratio Rank: 57
XOMO Calmar Ratio Rank: 46
XOMO Martin Ratio Rank: 40

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QQQT vs. XOMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Income Target ETF (QQQT) and YieldMax XOM Option Income Strategy ETF (XOMO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QQQT	XOMO	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.45	-0.17
Sortino ratio: Return per unit of downside risk	1.79	1.96	-0.17
Omega ratio: Gain probability vs. loss probability	1.24	1.26	-0.02
Calmar ratio: Return relative to maximum drawdown	1.80	1.74	+0.06
Martin ratio: Return relative to average drawdown	5.57	4.35	+1.22

QQQT vs. XOMO - Sharpe Ratio Comparison

The current QQQT Sharpe Ratio is 1.28, which is comparable to the XOMO Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of QQQT and XOMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QQQT vs. XOMO - Drawdown Comparison

The maximum QQQT drawdown since its inception was -22.50%, which is greater than XOMO's maximum drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for QQQT and XOMO.

Drawdown Indicators

	QQQT	XOMO	Difference
Max Drawdown Largest peak-to-trough decline	-22.50%	-18.90%	-3.60%
Max Drawdown (1Y) Largest decline over 1 year	-12.73%	-17.25%	+4.52%
Current Drawdown Current decline from peak	-5.62%	-7.65%	+2.03%
Average Drawdown Average peak-to-trough decline	-4.02%	-7.50%	+3.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.10%	6.89%	-2.79%

Volatility

QQQT vs. XOMO - Volatility Comparison

Defiance Nasdaq 100 Income Target ETF (QQQT) and YieldMax XOM Option Income Strategy ETF (XOMO) have volatilities of 6.32% and 6.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQT	XOMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.32%	6.21%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	15.03%	17.24%	-2.21%
Volatility (1Y) Calculated over the trailing 1-year period	17.84%	20.67%	-2.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.83%	19.19%	+1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.83%	19.19%	+1.64%

QQQT vs. XOMO - Expense Ratio Comparison

QQQT has a 1.05% expense ratio, which is higher than XOMO's 1.01% expense ratio.

Dividends

QQQT vs. XOMO - Dividend Comparison

QQQT's dividend yield for the trailing twelve months is around 20.79%, less than XOMO's 37.07% yield.

Position	TTM	2025	2024	2023
QQQT Defiance Nasdaq 100 Income Target ETF	20.79%	21.27%	10.35%	0.00%
XOMO YieldMax XOM Option Income Strategy ETF	37.07%	31.64%	26.94%	5.13%

Frequently Asked Questions

Can I hold both QQQT and XOMO in my portfolio?

QQQT and XOMO have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQT or XOMO?

QQQT has higher volatility (6.32%) compared to XOMO (6.21%). In terms of maximum drawdown, QQQT dropped -22.50% vs XOMO's -18.90%.

Which ETF is better, QQQT or XOMO?

On 1-year performance, XOMO leads with 29.81% vs 22.78% for QQQT. On fees, XOMO is cheaper at 1.01% per year. On volatility, XOMO has been the lower-risk option at 6.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQT or XOMO?

Over the 1-year period, XOMO has performed better with a 29.81% return vs 22.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQT or XOMO?

XOMO is cheaper with a 1.01% expense ratio, compared with 1.05% for QQQT.

Which ETF pays a higher dividend yield, QQQT or XOMO?

XOMO has the higher dividend yield at 37.07%, compared with 20.79% for QQQT.

What is the main difference between QQQT and XOMO?

QQQT is categorized as Nasdaq-100, while XOMO is Derivative Income. They also come from different issuers: Defiance and YieldMax. Their fees differ too: 1.05% for QQQT and 1.01% for XOMO.

Which has better risk-adjusted returns?

XOMO currently has the higher Sharpe Ratio (1.45 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.