AMZY vs QQQ
YieldMax Amazon Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, AMZY or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window.
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 | AMZY | QQQ |
|---|---|---|
| Expense Ratio | 1.09% | 0.18%Best |
| AUM | $216M | $506.1B |
| Dividend Yield | 49.57% | 0.42% |
| Holdings | 30 | 321 |
| YTD Return | +7.62% | +19.30%Best |
| 1Y Return | +10.94% | +22.47%Best |
| 3Y Return (annualized) | +20.79% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 22.8% | 17.3%Best |
| Max Drawdown | -23.7% | -22.8%Best |
| $10,000 over 3.2 years | $18,624 | $19,512Best |
| Fund Family | YieldMax ETF | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Jul 24, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 25, 2023 to Oct 14, 2026 (3.2 years).
AMZY vs QQQ 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 covers the 3.2 years both funds cover.
AMZY vs QQQ Performance
YieldMax Amazon Option Income Strategy ETF (AMZY) is an ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AMZY returned +10.94% while QQQ returned +22.47%. Year to date, AMZY is up 7.62% versus a gain of 19.30% for QQQ.
Over three years, AMZY compounded at +20.79% per year against +26.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZY has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 17.3% for QQQ. 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 -23.7% for AMZY and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AMZY charges 1.09% per year while QQQ charges 0.18%. On a $10,000 position that is $109 vs $18 annually, a gap of $91 per year that compounds over a long holding period. On income, AMZY currently yields 49.57% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in AMZY and 101 in QQQ, totalling 31.7% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in AMZY and 101 in QQQ, against full books of 30 and 321.
You are not choosing between two funds in isolation.
Whichever of AMZY and QQQ 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, AMZY or QQQ?
AMZY has an expense ratio of 1.09% while QQQ charges 0.18%. QQQ is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, AMZY or QQQ?
Over the past year AMZY returned +10.94% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMZY or QQQ?
AMZY has been the more volatile fund at 22.8% annualized versus 17.3% for QQQ. Worst drawdown: AMZY -23.7% vs QQQ -22.8%.
Should I hold both AMZY and QQQ?
AMZY and QQQ have a monthly-return correlation of 0.55, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AMZY or QQQ?
AMZY yields 49.57% while QQQ yields 0.42%, so AMZY currently pays the higher dividend yield.
Is QQQ better than AMZY?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.