IWMY vs QQQY: Yield, Cost and Returns Compared
As of Nov 7, 2026, IWMY yields more: 37.66% (dividend yield) against 37.27% for QQQY. QQQY is cheaper to own at 1.01% a year vs 1.05%. Over the same 2 years (Nov 2023 to Oct 2026), QQQY returned 13.5% a year with distributions reinvested, and IWMY 10.4%.
IWMYDefiance R2000 Target 30 Weekly Distribution ETF37.66%dividend yield
QQQYDefiance Nasdaq 100 Target 30 Weekly Distribution ETF37.27%dividend yield| Compared | IWMY | QQQY |
|---|---|---|
| YieldDividend yield | 37.66% | 37.27% |
| Expense ratio | 1.05% | 1.01% |
| Total return, 1 yr | +5.2% | +11.6% |
| Total return, 3 yr (a year) | — | +15.4% |
| Worst drop since Nov 2023 | -9.3% | -11.6% |
| Share price since Nov 2023 | −74% | −63% |
| Pays | Weekly | Weekly |
| Issuer | Defiance ETFs LLC | Defiance ETFs LLC |
| Assets | $79.5M | $179.2M |
| Started | 2023 | 2023 |
| Type | Trading--Miscellaneous | Trading--Miscellaneous |
Higher yield
IWMY
37.66%
Lower cost
QQQY
1.01%
Better total return
QQQY
13.5%/yr
Smaller worst drop
IWMY
-9.3%
Key facts: IWMY vs QQQY
Data as of · Source: SmarterDividends data
- As of Nov 7, 2026, IWMY yields 37.66% (dividend yield) and QQQY yields 37.27% (dividend yield).
- IWMY's expense ratio is 1.05% and QQQY's is 1.01%: $105 vs $101 a year on $10,000.
- From Nov 2023 to Oct 2026, $10,000 in IWMY grew to $13,339 (10.4% a year) and $10,000 in QQQY to $14,483 (13.5% a year), distributions reinvested.
- Their worst month-end drops over that time: -9.3% for IWMY and -11.6% for QQQY.
- 1 of IWMY's top ten holdings are also in QQQY's top ten, an overlap of at least 2% of the fund.
Cite this page
SmarterDividends, "IWMY vs QQQY: Yield, Cost and Returns Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/iwmy-vs-qqqy
$10,000 in each, Nov 2023 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
IWMY became
$13,339
10.4% a year
QQQY became
$14,483
13.5% a year
Year by year
| Year | IWMY | QQQY |
|---|---|---|
| 2025 | +10.8% | +15.6% |
| 2024 | +5.6% | +7.7% |
Total return each calendar year, distributions reinvested.
Top holdings
1 of the top ten overlap, at least 2% of each fund.
IWMY
- FGXXX First American Government Obligs X2.0%
QQQY
- FGXXX First American Government Obligs X1.8%
IWMY vs QQQY: questions
Is IWMY or QQQY better?
It depends on the job. IWMY pays more today (37.66% vs 37.27%), QQQY costs less, and QQQY has the better total return over Nov 2023 to Oct 2026, with IWMY holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, IWMY or QQQY?
IWMY, at 37.66% against 37.27% for QQQY as of Nov 7, 2026. On $10,000 that's about $3,766 vs $3,727 a year at today's rates.
Which has the better total return?
QQQY. From Nov 2023 to Oct 2026, it returned 13.5% a year with distributions reinvested, against 10.4% for IWMY. $10,000 became $14,483 vs $13,339.
Which is cheaper, IWMY or QQQY?
QQQY, with a 1.01% expense ratio against 1.05%.
Do IWMY and QQQY hold the same things?
Partly. 1 of their top ten holdings match (FGXXX), at least 2% of each fund. Owning both doubles up on those.
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. QQQY leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 7, 2026.