QQQY vs UMAY
Defiance Nasdaq 100 Weekly Distribution ETF vs Innovator U.S. Equity Ultra Buffer ETF - May
Which is better, QQQY or UMAY?
QQQY has been ahead.
UMAY 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 | QQQY | UMAY |
|---|---|---|
| Expense Ratio | 1.01% | 0.79%Best |
| AUM | $192M | $137M |
| Dividend Yield | 33.38% | 0.00% |
| Holdings | 10 | 24 |
| YTD Return | +17.03%Best | +6.64% |
| 1Y Return | +20.86%Best | +8.83% |
| 3Y Return (annualized) | +28.44%Best | +11.71% |
| 5Y Return (annualized) | - | +6.64% |
| Volatility (annualized) | 15.4% | 4.3%Best |
| Max Drawdown | -12.6% | -10.5%Best |
| $10,000 over 3.1 years | $21,154Best | $13,828 |
| Fund Family | Defiance ETFs, LLC | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 13, 2023 | Apr 30, 2020 |
Not shown on this pair: 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).
QQQY vs UMAY 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.
QQQY vs UMAY Performance
Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) is an ETF from Defiance ETFs, LLC and Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) is an ETF from Innovator ETFs Trust. Over the past year QQQY returned +20.86% while UMAY returned +8.83%. Year to date, QQQY is up 17.03% versus a gain of 6.64% for UMAY.
Over three years, QQQY compounded at +28.44% per year against +11.71% for UMAY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQY has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 4.3% for UMAY. 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 -10.5% for UMAY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQY charges 1.01% per year while UMAY charges 0.79%. On a $10,000 position that is $101 vs $79 annually, a gap of $22 per year that compounds over a long holding period. On income, QQQY currently yields 33.38% against 0.00% for UMAY.
Holdings Overlap
We hold position weights for 1 holding in QQQY and 1 in UMAY, totalling 39.6% and 101.0% 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 1 in UMAY, against full books of 10 and 24.
You are not choosing between two funds in isolation.
Whichever of QQQY and UMAY 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 UMAY?
QQQY has an expense ratio of 1.01% while UMAY charges 0.79%. UMAY is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, QQQY or UMAY?
Over the past year QQQY returned +20.86% vs +8.83% for UMAY, so QQQY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQY or UMAY?
QQQY has been the more volatile fund at 15.4% annualized versus 4.3% for UMAY. Worst drawdown: QQQY -12.6% vs UMAY -10.5%.
Should I hold both QQQY and UMAY?
QQQY and UMAY have a monthly-return correlation of 0.59, 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 UMAY?
QQQY yields 33.38% while UMAY yields 0.00%, so QQQY currently pays the higher dividend yield.
Is UMAY better than QQQY?
UMAY 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.