AMDY vs YQQQ
YieldMax AMD Option Income Strategy ETF vs YieldMax Short N100 Option Income Strategy ETF
Which is better, AMDY or YQQQ?
Opposite sides of the same exposure.
AMDY has a lower expense ratio. AMDY led over 1Y and the full window. The two move opposite each other, correlation -0.59, so holding both offsets the exposure while paying both fees.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AMDY | YQQQ |
|---|---|---|
| Expense Ratio | 1.00%Best | 1.11% |
| AUM | $501M | $26M |
| Dividend Yield | 69.36% | 29.67% |
| Holdings | 15 | 26 |
| YTD Return | +107.29%Best | -0.89% |
| 1Y Return | +111.76%Best | +0.35% |
| 3Y Return (annualized) | +50.68% | - |
| Volatility (annualized) | 65.1% | 15.3%Best |
| Max Drawdown | -47.3% | -29.1%Best |
| $10,000 over 2.2 years | $30,262Best | $8,589 |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 18, 2023 | Aug 14, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 15, 2024 to Oct 14, 2026 (2.2 years).
AMDY vs YQQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
AMDY vs YQQQ Performance
YieldMax AMD Option Income Strategy ETF (AMDY) is an ETF from YieldMax ETF and YieldMax Short N100 Option Income Strategy ETF (YQQQ) is an ETF from YieldMax ETF. Over the past year AMDY returned +111.76% while YQQQ returned +0.35%. Year to date, AMDY is up 107.29% versus a loss of 0.89% for YQQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMDY has been the more volatile fund, with annualized monthly volatility of 65.1% compared with 15.3% for YQQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -47.3% for AMDY and -29.1% for YQQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.59. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
AMDY charges 1.00% per year while YQQQ charges 1.11%. On a $10,000 position that is $100 vs $111 annually, a gap of $11 per year that compounds over a long holding period. On income, AMDY currently yields 69.36% against 29.67% for YQQQ.
Holdings Overlap
We hold position weights for 2 holdings in AMDY and 2 in YQQQ, totalling 17.2% and 17.4% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
2 positions in common, counted across the 2 positions we hold weights for in AMDY and 2 in YQQQ, against full books of 15 and 26.
Top Shared Holdings
| Stock | Weight in AMDY | Weight in YQQQ | Difference |
|---|---|---|---|
| T 2.375 05/15/27United States Treasury Note/Bond 2.375% 05/15/2027 2.375 05/15/2027 | 14.83% | 15.29% | 0.46% |
| FGXXXFirst American Government Obligations Fund | 2.33% | 2.10% | 0.23% |
You are not choosing between two funds in isolation.
Whichever of AMDY and YQQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AMDY or YQQQ?
AMDY has an expense ratio of 1.00% while YQQQ charges 1.11%. AMDY is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, AMDY or YQQQ?
Over the past year AMDY returned +111.76% vs +0.35% for YQQQ, so AMDY leads on 1-year performance. Over the longest common window we track (2 years), AMDY annualized +65.42% vs -6.68% for YQQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMDY or YQQQ?
AMDY has been the more volatile fund at 65.1% annualized versus 15.3% for YQQQ. Worst drawdown: AMDY -47.3% vs YQQQ -29.1%.
Should I hold both AMDY and YQQQ?
AMDY and YQQQ have a monthly-return correlation of -0.59, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, AMDY or YQQQ?
AMDY yields 69.36% while YQQQ yields 29.67%, so AMDY currently pays the higher dividend yield.
Is YQQQ better than AMDY?
AMDY has a lower expense ratio. AMDY led over 1Y and the full window. The two move opposite each other, correlation -0.59, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.