JPO vs QQQY
YieldMax JP Option Income Strategy ETF vs Defiance Nasdaq 100 Weekly Distribution ETF
Which is better, JPO or QQQY?
QQQY has been ahead.
QQQY has a lower expense ratio. QQQY 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 | JPO | QQQY |
|---|---|---|
| Expense Ratio | 1.04% | 1.01%Best |
| AUM | $30M | $192M |
| Dividend Yield | 33.70% | 33.38% |
| Holdings | 28 | 10 |
| YTD Return | +2.70% | +17.03%Best |
| 1Y Return | +8.26% | +20.86%Best |
| 3Y Return (annualized) | +14.61% | +28.44%Best |
| Volatility (annualized) | 15.8% | 15.4%Best |
| Max Drawdown | -24.8% | -12.6%Best |
| $10,000 over 3.1 years | $15,003 | $21,154Best |
| Fund Family | YieldMax ETF | Defiance ETFs, LLC |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 11, 2023 | Sep 13, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 14, 2023 to Oct 14, 2026 (3.1 years).
JPO vs QQQY 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 3.1 years both funds cover.
JPO vs QQQY Performance
YieldMax JP Option Income Strategy ETF (JPO) is an ETF from YieldMax ETF and Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) is an ETF from Defiance ETFs, LLC. Over the past year JPO returned +8.26% while QQQY returned +20.86%. Year to date, JPO is up 2.70% versus a gain of 17.03% for QQQY.
Over three years, JPO compounded at +14.61% per year against +28.44% for QQQY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPO has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 15.4% for QQQY. 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 -24.8% for JPO and -12.6% for QQQY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JPO charges 1.04% per year while QQQY charges 1.01%. On a $10,000 position that is $104 vs $101 annually, a gap of $3 per year that compounds over a long holding period. On income, JPO currently yields 33.70% against 33.38% for QQQY.
Holdings Overlap
We hold position weights for 4 holdings in JPO and 1 in QQQY, totalling 51.3% and 39.6% 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 4 positions we hold weights for in JPO and 1 in QQQY, against full books of 28 and 10.
You are not choosing between two funds in isolation.
Whichever of JPO and QQQY 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, JPO or QQQY?
JPO has an expense ratio of 1.04% while QQQY charges 1.01%. QQQY is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, JPO or QQQY?
Over the past year JPO returned +8.26% vs +20.86% for QQQY, so QQQY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPO or QQQY?
JPO has been the more volatile fund at 15.8% annualized versus 15.4% for QQQY. Worst drawdown: JPO -24.8% vs QQQY -12.6%.
Should I hold both JPO and QQQY?
JPO and QQQY have a monthly-return correlation of 0.35, 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, JPO or QQQY?
JPO yields 33.70% while QQQY yields 33.38%, so JPO currently pays the higher dividend yield.
Is QQQY better than JPO?
QQQY has a lower expense ratio. QQQY 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.