QQQY vs TSPY
Defiance Nasdaq 100 Weekly Distribution ETF vs TappAlpha S&P 500 Growth & Daily Income ETF
Which is better, QQQY or TSPY?
QQQY has been ahead.
TSPY has a lower expense ratio. QQQY led over 1Y 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 | QQQY | TSPY |
|---|---|---|
| Expense Ratio | 1.01% | 0.71%Best |
| AUM | $192M | $366M |
| Dividend Yield | 33.38% | 15.20% |
| Holdings | 10 | 3 |
| YTD Return | +17.63%Best | +11.73% |
| 1Y Return | +20.55%Best | +16.30% |
| 3Y Return (annualized) | +28.63% | - |
| Volatility (annualized) | 17.0% | 12.2%Best |
| Max Drawdown | -12.6%Best | -18.0% |
| $10,000 over 2.2 years | $18,619Best | $14,189 |
| Fund Family | Defiance ETFs, LLC | TappAlpha |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 13, 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 15, 2026 (2.2 years).
QQQY vs TSPY 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 2.2 years both funds cover.
QQQY vs TSPY Performance
Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) is an ETF from Defiance ETFs, LLC and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha. Over the past year QQQY returned +20.55% while TSPY returned +16.30%. Year to date, QQQY is up 17.63% versus a gain of 11.73% for TSPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQY has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 12.2% for TSPY. 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 -12.6% for QQQY and -18.0% for TSPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQY charges 1.01% per year while TSPY charges 0.71%. On a $10,000 position that is $101 vs $71 annually, a gap of $30 per year that compounds over a long holding period. On income, QQQY currently yields 33.38% against 15.20% for TSPY.
Holdings Overlap
We hold position weights for 1 holding in QQQY and 2 in TSPY, totalling 39.6% and 99.8% 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 1 positions we hold weights for in QQQY and 2 in TSPY, against full books of 10 and 3.
You are not choosing between two funds in isolation.
Whichever of QQQY and TSPY 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, QQQY or TSPY?
QQQY has an expense ratio of 1.01% while TSPY charges 0.71%. TSPY is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, QQQY or TSPY?
Over the past year QQQY returned +20.55% vs +16.30% for TSPY, so QQQY leads on 1-year performance. Over the longest common window we track (2 years), QQQY annualized +32.65% vs +17.24% for TSPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQY or TSPY?
QQQY has been the more volatile fund at 17.0% annualized versus 12.2% for TSPY. Worst drawdown: QQQY -12.6% vs TSPY -18.0%.
Should I hold both QQQY and TSPY?
QQQY and TSPY have a monthly-return correlation of 0.80, 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, QQQY or TSPY?
QQQY yields 33.38% while TSPY yields 15.20%, so QQQY currently pays the higher dividend yield.
Is TSPY better than QQQY?
TSPY has a lower expense ratio. QQQY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.