YQQQ vs. QQQ
Compare and contrast key facts about YieldMax Short N100 Option Income Strategy ETF (YQQQ) and Invesco QQQ (QQQ).
YQQQ and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YQQQ is an actively managed fund by YieldMax. It was launched on Aug 14, 2024. 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: YQQQ or QQQ.
Correlation
The correlation between YQQQ and QQQ is -0.93. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
YQQQ vs. QQQ - Performance Comparison
Key characteristics
YQQQ:
20.06%
QQQ:
24.88%
YQQQ:
-11.11%
QQQ:
-82.98%
YQQQ:
-4.05%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, YQQQ achieves a 9.49% return, which is significantly higher than QQQ's -13.00% return.
YQQQ
9.49%
3.09%
8.36%
N/A
N/A
N/A
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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YQQQ vs. QQQ - Expense Ratio Comparison
YQQQ has a 0.99% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
YQQQ vs. QQQ — Risk-Adjusted Performance Rank
YQQQ
QQQ
YQQQ vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Short N100 Option Income Strategy ETF (YQQQ) 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.
Not enough dataDividends
YQQQ vs. QQQ - Dividend Comparison
YQQQ's dividend yield for the trailing twelve months is around 16.60%, more than QQQ's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
YQQQ YieldMax Short N100 Option Income Strategy ETF | 16.60% | 7.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
YQQQ vs. QQQ - Drawdown Comparison
The maximum YQQQ drawdown since its inception was -11.11%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for YQQQ and QQQ. For additional features, visit the drawdowns tool.
Volatility
YQQQ vs. QQQ - Volatility Comparison
The current volatility for YieldMax Short N100 Option Income Strategy ETF (YQQQ) is 12.45%, while Invesco QQQ (QQQ) has a volatility of 16.19%. This indicates that YQQQ 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.