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Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.

CONY vs QQQ

YieldMax(R) COIN Option Income Strategy ETF and Invesco QQQ Trust.

CONY and QQQ on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
CONY
YieldMax(R) COIN Option Income Strategy ETF
QQQ
Invesco QQQ Trust
Where it sitsIncome deskCore fund
IssuerYieldMaxInvesco
What it issynthetic covered call, vs COINNasdaq-100, book from QQQM
Total return, 1 year−36.5%+25.6%
S&P 500 over the same days−39.8%+20.0%
Gap to the S&P 500+3.3 pts+5.6 pts
Cash paid, 1 year40.7%not an income fund
Expense ratio1.04%0.18%
Holdingsn/a101

CONY in plain words

Over the year to Sep 4, 2026, CONY paid 40.7% of its starting value in cash distributions while its price fell 70.2%. With every distribution reinvested, the fund returned −36.5%. Coinbase (COIN) returned −39.8% over the same days, so a holder was ahead by 3.3 pts. At its price on Sep 4, 2026 the latest distribution annualises to 68.5%, paid weekly. YieldMax estimates that 97% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).

QQQ in plain words

QQQ is a index equity fund tracking Nasdaq-100, book from QQQM. Over the year to Sep 4, 2026 it returned +25.6% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.

Questions people ask

Which returned more over the last year, CONY or QQQ?
In the year to Sep 4, 2026, with distributions reinvested, CONY returned −36.5% and QQQ returned +25.6%, so QQQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, CONY or QQQ?
CONY charges 1.04% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
Are CONY and QQQ the same kind of fund?
No. CONY is an option-income ETF and QQQ is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Other comparisons

Where to next

Cite this page. ETFIQ, CONY against QQQ, data as of Sep 4, 2026. https://etfiq.com/compare/any/CONY-QQQ.html Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. ETFIQ publishes the same fields for every fund and suggests no allocation. Standards and sources