Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
MSTY vs QQQ
YieldMax(R) MSTR Option Income Strategy ETF and Invesco QQQ Trust.
| MSTY YieldMax(R) MSTR Option Income Strategy ETF | QQQ Invesco QQQ Trust | |
|---|---|---|
| Where it sits | Income desk | Core fund |
| Issuer | YieldMax | Invesco |
| What it is | synthetic covered call, vs MSTR | Nasdaq-100, book from QQQM |
| Total return, 1 year | −50.8% | +25.6% |
| S&P 500 over the same days | −56.4% | +20.0% |
| Gap to the S&P 500 | +5.7 pts | +5.6 pts |
| Cash paid, 1 year | 35.0% | not an income fund |
| Expense ratio | not published | 0.18% |
| Holdings | n/a | 101 |
MSTY in plain words
Over the year to Sep 4, 2026, MSTY paid 35.0% of its starting value in cash distributions while its price fell 79.0%. With every distribution reinvested, the fund returned −50.8%. MicroStrategy (MSTR) returned −56.4% over the same days, so a holder was ahead by 5.7 pts. At its price on Sep 4, 2026 the latest distribution annualises to 68.2%, paid weekly. YieldMax estimates that 99% 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, MSTY or QQQ?
- In the year to Sep 4, 2026, with distributions reinvested, MSTY returned −50.8% and QQQ returned +25.6%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Are MSTY and QQQ the same kind of fund?
- No. MSTY 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, MSTY against QQQ, data as of Sep 4, 2026. https://etfiq.com/compare/any/MSTY-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