YQQQ vs. SPY
Compare and contrast key facts about YieldMax Short N100 Option Income Strategy ETF (YQQQ) and SPDR S&P 500 ETF (SPY).
YQQQ and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YQQQ or SPY.
Correlation
The correlation between YQQQ and SPY is 1.00, 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.
Performance
YQQQ vs. SPY - Performance Comparison
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Key characteristics
YQQQ:
20.17%
SPY:
20.02%
YQQQ:
-11.72%
SPY:
-55.19%
YQQQ:
-11.10%
SPY:
-7.65%
Returns By Period
In the year-to-date period, YQQQ achieves a 1.45% return, which is significantly higher than SPY's -3.42% return.
YQQQ
1.45%
-4.57%
2.79%
N/A
N/A
N/A
SPY
-3.42%
5.69%
-5.06%
9.73%
16.26%
12.24%
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YQQQ vs. SPY - Expense Ratio Comparison
YQQQ has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
YQQQ vs. SPY — Risk-Adjusted Performance Rank
YQQQ
SPY
YQQQ vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Short N100 Option Income Strategy ETF (YQQQ) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
YQQQ vs. SPY - Dividend Comparison
YQQQ's dividend yield for the trailing twelve months is around 21.16%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
YQQQ YieldMax Short N100 Option Income Strategy ETF | 21.16% | 7.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
YQQQ vs. SPY - Drawdown Comparison
The maximum YQQQ drawdown since its inception was -11.72%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for YQQQ and SPY. For additional features, visit the drawdowns tool.
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Volatility
YQQQ vs. SPY - Volatility Comparison
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