Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs SDTY
Invesco QQQ Trust and YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF.
What they hold in common
By the books each fund has filed, QQQ and SDTY hold 0% of their money in the same securities at the same weight.
| Only in QQQ | Only in SDTY |
|---|---|
| NVIDIA Corp. 8.16% | TREASURY BILL 92.47% |
| Apple Inc. 7.29% | TREASURY BILL 3.84% |
| Microsoft Corp. 5.32% | TREASURY BILL 3.68% |
| Micron Technology, Inc. 4.80% | |
| Amazon.com, Inc. 4.62% | |
| Advanced Micro Devices, Inc. 3.70% | |
| Alphabet Inc. 3.52% | |
| Tesla, Inc. 3.46% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and May 31, 2026.
| QQQ Invesco QQQ Trust | SDTY YieldMax(R) S&P 500 0DTE Covered Call Strategy ETF | |
|---|---|---|
| Where it sits | Core fund | Income desk |
| Issuer | Invesco | YieldMax |
| What it is | Nasdaq-100, book from QQQM | 0DTE covered call, vs SPY |
| Total return, 1 year | +25.6% | +18.8% |
| S&P 500 over the same days | +20.0% | +20.0% |
| Gap to the S&P 500 | +5.6 pts | −1.2 pts |
| Cash paid, 1 year | not an income fund | 24.8% |
| Expense ratio | 0.18% | 1.08% |
| Holdings | 101 | n/a |
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.
SDTY in plain words
Over the year to Sep 4, 2026, SDTY paid 24.8% of its starting value in cash distributions while its price fell 8.4%. With every distribution reinvested, the fund returned +18.8%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 4, 2026 the latest distribution annualises to 20.9%, paid weekly. YieldMax estimates that 43% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
Questions people ask
- Which returned more over the last year, QQQ or SDTY?
- In the year to Sep 4, 2026, with distributions reinvested, QQQ returned +25.6% and SDTY returned +18.8%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or SDTY?
- QQQ charges 0.18% a year and SDTY charges 1.08%, so QQQ is cheaper. Fees come from each fund's prospectus.
- Are QQQ and SDTY the same kind of fund?
- No. QQQ is an index ETF and SDTY is an option-income ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QQQ against SDTY, data as of Sep 4, 2026. https://etfiq.com/compare/any/QQQ-SDTY.html Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources