ONEZ vs YQQQ
TrueShares Seasonality Laddered Buffered ETF vs YieldMax Short N100 Option Income Strategy ETF
Which is better, ONEZ or YQQQ?
Opposite sides of the same exposure.
ONEZ has a lower expense ratio. ONEZ led over 1Y and the full window. The two move opposite each other, correlation -0.87, 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 | ONEZ | YQQQ |
|---|---|---|
| Expense Ratio | 0.96%Best | 1.11% |
| AUM | $356M | $26M |
| Dividend Yield | 3.63% | 29.67% |
| Holdings | 32 | 26 |
| YTD Return | +7.97%Best | -0.89% |
| 1Y Return | +6.09%Best | +0.35% |
| Volatility (annualized) | 9.4%Best | 16.8% |
| Max Drawdown | -13.2%Best | -29.1% |
| $10,000 over 1.7 years | $11,314Best | $9,144 |
| Fund Family | TrueShares | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jan 27, 2025 | Aug 14, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 27, 2025 to Oct 14, 2026 (1.7 years).
ONEZ 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 covers the 1.7 years both funds cover.
ONEZ vs YQQQ Performance
TrueShares Seasonality Laddered Buffered ETF (ONEZ) is an ETF from TrueShares and YieldMax Short N100 Option Income Strategy ETF (YQQQ) is an ETF from YieldMax ETF. Over the past year ONEZ returned +6.09% while YQQQ returned +0.35%. Year to date, ONEZ is up 7.97% versus a loss of 0.89% for YQQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
YQQQ has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 9.4% for ONEZ. 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 -13.2% for ONEZ 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 -0.87. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
ONEZ charges 0.96% per year while YQQQ charges 1.11%. On a $10,000 position that is $96 vs $111 annually, a gap of $15 per year that compounds over a long holding period. On income, ONEZ currently yields 3.63% against 29.67% for YQQQ.
Holdings Overlap
We hold position weights for 16 holdings in ONEZ and 2 in YQQQ, totalling 100.0% and 17.4% 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 16 positions we hold weights for in ONEZ and 2 in YQQQ, against full books of 32 and 26.
You are not choosing between two funds in isolation.
Whichever of ONEZ 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, ONEZ or YQQQ?
ONEZ has an expense ratio of 0.96% while YQQQ charges 1.11%. ONEZ is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, ONEZ or YQQQ?
Over the past year ONEZ returned +6.09% vs +0.35% for YQQQ, so ONEZ leads on 1-year performance. Over the longest common window we track (2 years), ONEZ annualized +7.53% vs -5.13% for YQQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ONEZ or YQQQ?
YQQQ has been the more volatile fund at 16.8% annualized versus 9.4% for ONEZ. Worst drawdown: ONEZ -13.2% vs YQQQ -29.1%.
Should I hold both ONEZ and YQQQ?
ONEZ and YQQQ have a monthly-return correlation of -0.87, 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, ONEZ or YQQQ?
ONEZ yields 3.63% while YQQQ yields 29.67%, so YQQQ currently pays the higher dividend yield.
Is YQQQ better than ONEZ?
ONEZ has a lower expense ratio. ONEZ led over 1Y and the full window. The two move opposite each other, correlation -0.87, 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.