NVDY vs QQQ
YieldMax NVDA Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, NVDY or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. NVDY 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 | NVDY | QQQ |
|---|---|---|
| Expense Ratio | 1.09% | 0.18%Best |
| AUM | $1.4B | $506.1B |
| Dividend Yield | 54.70% | 0.42% |
| Holdings | 32 | 321 |
| YTD Return | +15.76% | +19.30%Best |
| 1Y Return | +23.13%Best | +22.47% |
| 3Y Return (annualized) | +49.62%Best | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 29.1% | 17.0%Best |
| Max Drawdown | -33.9% | -22.8%Best |
| $10,000 over 3.4 years | $44,912Best | $22,642 |
| Fund Family | YieldMax ETF | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | May 10, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 11, 2023 to Oct 14, 2026 (3.4 years).
NVDY 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 3.4 years both funds cover.
NVDY vs QQQ Performance
YieldMax NVDA Option Income Strategy ETF (NVDY) is an ETF from YieldMax ETF and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NVDY returned +23.13% while QQQ returned +22.47%. Year to date, NVDY is up 15.76% versus a gain of 19.30% for QQQ.
Over three years, NVDY compounded at +49.62% per year against +26.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDY has been the more volatile fund, with annualized monthly volatility of 29.1% compared with 17.0% 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 -33.9% for NVDY 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 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDY 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, NVDY currently yields 54.70% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in NVDY and 101 in QQQ, totalling 20.0% 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 NVDY and 101 in QQQ, against full books of 32 and 321.
You are not choosing between two funds in isolation.
Whichever of NVDY 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, NVDY or QQQ?
NVDY 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, NVDY or QQQ?
Over the past year NVDY returned +23.13% vs +22.47% for QQQ, so NVDY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDY or QQQ?
NVDY has been the more volatile fund at 29.1% annualized versus 17.0% for QQQ. Worst drawdown: NVDY -33.9% vs QQQ -22.8%.
Should I hold both NVDY and QQQ?
NVDY and QQQ have a monthly-return correlation of 0.57, 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, NVDY or QQQ?
NVDY yields 54.70% while QQQ yields 0.42%, so NVDY currently pays the higher dividend yield.
Is QQQ better than NVDY?
QQQ has a lower expense ratio. NVDY 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.