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ETF Comparison

QDVO vs QQQ: Which Is the Better Pick in 2026?

A head-to-head comparison of Amplify CWP Dividend & Option Income ETF and Invesco QQQ Trust covering yield, cost, risk, and income potential.

Data updated June 19, 2026

ETFs41
Total AUM$16.2B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Amplify ETFs is known for offering thematic and specialized investment solutions across 22 funds, ranging from digital assets and commodities to dividend and income-focused strategies. Their lineup emphasizes yield generation and alternative themes, with notable funds including DIVO (Amplify Dividend Rotation Fund), HACK (Amplify Cybersecurity ETF), and SWAN (Amplify BlackSwan Growth ETF), alongside crypto-related funds like BITY and SOLM. The issuer distinguishes itself through niche sector exposure and their proprietary YieldSmart technology platform designed to optimize income strategies.

See our curated list of related YouTube videos on QDVO.

ETFs224
Total AUM$963B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Invesco is a major player in the ETF space known for offering a broad, diversified lineup of 71 funds spanning multiple investment themes and strategies. Their portfolio spans income-focused funds, factor-based equity strategies, commodity exposure, digital assets, ESG investing, and the popular Invesco QQQ family tracking the Nasdaq-100, serving both income-seeking and growth-oriented investors. The issuer is particularly recognized for specialized offerings like BulletShares (laddered bond funds), sector rotation strategies, and thematic investing options, making it a comprehensive choice for investors seeking varied exposures beyond traditional index funds.

See our curated list of related YouTube videos on QQQ.

Side-by-side snapshot

QDVOQQQ
Full nameAmplify CWP Dividend & Option Income ETFInvesco QQQ Trust
IssuerAmplify ETFsInvesco
Last Close$29.93 as of June 19, 2026$740.62 as of June 19, 2026
Distribution yield11.31%0.40%
Expense ratio0.56%0.20%
AUM$713M$481B
Distribution frequencyMonthlyQuarterly
Underlying indexU.S. large-cap value / dividend equities with a covered call overlayNasdaq-100 Index
ObjectiveSeeks to provide high monthly income with the potential for capital appreciation by investing in quality U.S. dividend-paying equities and writing covered call options on those holdings.Track the Nasdaq-100 Index, which includes 100 of the largest non-financial Nasdaq stocks.
Asset classEquityEquity
Inception date09/24/202403/10/1999
Beta0.93381.23
Last dividend$0.2820$0.7941
Ex-dividend date05/28/202612/21/2026

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Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

QDVO (Amplify CWP Dividend & Option Income ETF) and QQQ (Invesco QQQ Trust) are both dividend ETFs, but they take different approaches.

QDVO offers the higher yield at 11.31% vs 0.40% for QQQ. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

QQQ is cheaper with an expense ratio of 0.20% compared to 0.56%.

They track different benchmarks: QDVO is linked to U.S. large-cap value / dividend equities with a covered call overlay while QQQ tracks Nasdaq-100 Index, which means their performance drivers differ.

QQQ is the larger fund by assets ($481B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, QDVO would generate roughly $94.25/month, while QQQ would produce $3.33/month, at current distribution rates.

QDVO yield11.31%
QQQ yield0.40%
Monthly diff on $10K$90.92

Cost & efficiency

Over 10 years on $10,000, QDVO would cost approximately $560 in fees vs $200 for QQQ (simplified, not compounded). The $360.00 difference may be offset by yield or performance.

QDVO ER0.56%
QQQ ER0.20%

Strategy & risk

QDVO tracks U.S. large-cap value / dividend equities with a covered call overlay with an active approach, while QQQ tracks Nasdaq-100 Index with a growth approach. Beta is 0.9338 for QDVO and 1.23 for QQQ, indicating QDVO is less volatile relative to the market.

QDVO beta0.9338
QQQ beta1.23

Fund details

QDVO is managed by Amplify ETFs (launched 09/24/2024) with $713M in assets. QQQ is managed by Invesco (launched 03/10/1999) with $481B in assets.

QDVO AUM$713M
QQQ AUM$481B

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Frequently asked questions

Is QDVO or QQQ better for dividend income?

It depends on your goals. QDVO currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between QDVO and QQQ?

QDVO (Amplify CWP Dividend & Option Income ETF) tracks U.S. large-cap value / dividend equities with a covered call overlay with an active approach, while QQQ (Invesco QQQ Trust) tracks Nasdaq-100 Index with a growth approach. They are issued by Amplify ETFs and Invesco respectively.

Can I hold both QDVO and QQQ?

Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.

Which has lower fees, QDVO or QQQ?

QDVO has an expense ratio of 0.56% while QQQ charges 0.20%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in QDVO vs QQQ generate?

At current rates, $10,000 in QDVO would generate roughly $94.25 per month ($1,131.00 annually). The same in QQQ would produce about $3.33 per month ($40.00 annually).

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