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QQQY vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QQQY and QQQ is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

QQQY vs. QQQ

Last updated May 30, 2025

Compare and contrast key facts about Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and Invesco QQQ (QQQ).

QQQY and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQY is an actively managed fund by Defiance ETFs. It was launched on Sep 13, 2023. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQY or QQQ.

Performance

QQQY vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QQQY:

0.07

QQQ:

0.57

Sortino Ratio

QQQY:

0.18

QQQ:

0.95

Omega Ratio

QQQY:

1.03

QQQ:

1.13

Calmar Ratio

QQQY:

0.06

QQQ:

0.62

Martin Ratio

QQQY:

0.18

QQQ:

2.03

Ulcer Index

QQQY:

6.58%

QQQ:

7.02%

Daily Std Dev

QQQY:

17.85%

QQQ:

25.60%

Max Drawdown

QQQY:

-19.04%

QQQ:

-82.98%

Current Drawdown

QQQY:

-6.80%

QQQ:

-3.49%

Returns By Period

In the year-to-date period, QQQY achieves a -2.02% return, which is significantly lower than QQQ's 1.85% return.

QQQY

YTD

-2.02%

1M

7.39%

6M

-5.12%

1Y

1.16%

3Y*

N/A

5Y*

N/A

10Y*

N/A

QQQ

YTD

1.85%

1M

9.34%

6M

3.21%

1Y

14.61%

3Y*

19.74%

5Y*

18.12%

10Y*

17.67%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Defiance Nasdaq 100 Enhanced Options Income ETF

Invesco QQQ

QQQY vs. QQQ - Expense Ratio Comparison

QQQY has a 0.99% expense ratio, which is higher than QQQ's 0.20% expense ratio.

QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
QQQ
Invesco QQQ
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

QQQY vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQY
The Risk-Adjusted Performance Rank of QQQY is 1717
Overall Rank
The Sharpe Ratio Rank of QQQY is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQY is 1616
Sortino Ratio Rank
The Omega Ratio Rank of QQQY is 1717
Omega Ratio Rank
The Calmar Ratio Rank of QQQY is 1818
Calmar Ratio Rank
The Martin Ratio Rank of QQQY is 1717
Martin Ratio Rank
QQQ
The Risk-Adjusted Performance Rank of QQQ is 5555
Overall Rank
The Sharpe Ratio Rank of QQQ is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5454
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5454
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6161
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5252
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QQQY vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and Invesco QQQ (QQQ). 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.

The current QQQY Sharpe Ratio is 0.07, which is lower than the QQQ Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of QQQY and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

QQQY vs. QQQ - Dividend Comparison

QQQY's dividend yield for the trailing twelve months is around 80.74%, more than QQQ's 0.57% yield.

TTM20242023202220212020201920182017201620152014
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF		80.74%83.34%20.64%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ		0.57%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

QQQY vs. QQQ - Drawdown Comparison

The maximum QQQY drawdown since its inception was -19.04%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for QQQY and QQQ.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

QQQY vs. QQQ - Volatility Comparison

The current volatility for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) is 3.02%, while Invesco QQQ (QQQ) has a volatility of 5.60%. This indicates that QQQY experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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