Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs TSLY
Invesco QQQ Trust and YieldMax(R) TSLA Option Income Strategy ETF.
| QQQ Invesco QQQ Trust | TSLY YieldMax(R) TSLA Option Income Strategy ETF | |
|---|---|---|
| Where it sits | Core fund | Income desk |
| Issuer | Invesco | YieldMax |
| What it is | Nasdaq-100, book from QQQM | synthetic covered call, vs TSLA |
| Total return, 1 year | +25.6% | +7.7% |
| S&P 500 over the same days | +20.0% | +4.6% |
| Gap to the S&P 500 | +5.6 pts | +3.1 pts |
| Cash paid, 1 year | not an income fund | 55.9% |
| Expense ratio | 0.18% | 1.07% |
| 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.
TSLY in plain words
Over the year to Sep 4, 2026, TSLY paid 55.9% of its starting value in cash distributions while its price fell 41.6%. With every distribution reinvested, the fund returned +7.7%. Tesla (TSLA) returned +4.6% over the same days, so a holder was ahead by 3.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 48.5%, paid weekly. YieldMax estimates that 36% 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).
Questions people ask
- Which returned more over the last year, QQQ or TSLY?
- In the year to Sep 4, 2026, with distributions reinvested, QQQ returned +25.6% and TSLY returned +7.7%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or TSLY?
- QQQ charges 0.18% a year and TSLY charges 1.07%, so QQQ is cheaper. Fees come from each fund's prospectus.
- Are QQQ and TSLY the same kind of fund?
- No. QQQ is an index ETF and TSLY 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.
Other comparisons
Where to next
Cite this page. ETFIQ, QQQ against TSLY, data as of Sep 4, 2026. https://etfiq.com/compare/any/QQQ-TSLY.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